Richard Schulze, the founder and chairman of Best Buy Co. Inc., has launched a real estate investment partnership with Gerald Rauenhorst, the founder and former CEO of Opus Corp.Read More
Saul Centers Inc. declared a quarterly dividend of 36 cents per common share. The dividend will be paid on April 30, 2010 to shareholders of record on April 16, 2010.Read More
Investigators are confronted with a series of nagging questions as they try to unravel the case of a California real estate agent who said his Toyota Prius turned into a runaway death trap after the gas pedal became stuck.Read More
Equity One, Inc., an owner, developer, and operator of shopping centers, announced today that it will issue and sell 4.2 million shares of its common stock in a public offering.Read More
Transat A.T. Inc. said it's model as one of Canada's largest vacation companies isn't broken even though poor results and the prospect of a loss for the key winter travel period caused its shares to plunge Thursday.Read More
PHILADELPHIA -- With the highly touted federal mortgage-modification program falling short of its target numbers, the government has looked into alternatives to foreclosure and come up with a possible, though not original, solution: The short sale, a transaction in which the lender accepts less than the balance owed on the mortgage.Read More
February brought an uptick in home sales in the Des Moines metropolitan area. A report released Thursday by the Des Moines Area Association of Realtors shows home sales increased 3.4 percent compared to February 2009 and 18 percent compared to January.Read More
Affordable home prices, tax credits for home buyers, historically low interest rates, and a large number of distressed properties prompted many first-time home buyers to enter the market in 2009, according to the CALIFORNIA ASSOCIATION OF REALTORS ' 2009-2010 "State of the California Housing Market" report released today.Read More
Using the Huntsville MLS does require some knowledge of the system . Basic search terms at the first level window and the public section of the Huntsville MLS, Valley MLS are straightforward and simple. The second level search terms are more involved.
Using the Huntsville MLS does require some knowledge of the system . Basic search [...]...Read More
We are thankful each and everyday to be real estate professionals in Huntsville. Yes, certain market segments have been slow but as we finish the third quarter of the year Huntsville real estate has been very good to us. Sales have shifted from upscale homes to modest and entry level properties but our volume has increased . In short we have had an...Read More
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Whether buying your first home or your fifteenth, purchasing a new home can be unnerving.
Am I paying too much? How is the neighborhood and schools? Will I be able ...Read More
Even with the current state of the national economy and mortgage crisis, our local real estate market remains strong. Our local economy continues to thrive and we are expecting more job growth in the spring and summer of 2009.
There are some market segments and geographic areas that are experiencing a slowdown but Huntsvil...Read More
Huntsville Alabama Real Estate Blog / What is Negative Amortization?Posted by Lenny Kelman After posting an explanation on adjustable rate mortgages, I have been asked what a negative amortization loan is. Here is a brief overview:A negative amortization loan is an adjustable rate mortgage that allows the consumer to tap into home “equity” by...Read More
This week brings us the release of four factual economic reports to be concerned with along with the minutes from the last FOMC meeting. Two of the three reports are considered to be only moderately important while one is of low importance to the bond and mortgage markets. Still, the last report of the week [...]...Read More
Rates Heading Down This Year?
The recent decline of the stock market may be an early indicator of what is coming for the remainder of the year. If the correlation between the NAHB’s Housing Market Index and the S&P 500 Index holds true, we may see substantial decreases in home mortgage rates in the coming [...Read More
Huntsville Alabama Real Estate / Philip Winburn / Rosenblum Realty Inc. 2314 South Memorial Parkway Huntsville, AL 35801