Homes in Unusual Places

These are some pictures of the most unusual houses in the world and some are even real. The others are the work of someone using Adobe Photoshop. Can you tell which ones are real? The one to the right is pretty ingenious. Half carved out of granite and the rest is that impressive rotunda. How [...]

Did your home lose value?

It might, and if so, you might be getting a reduced property tax bill like in my story today. More than 20,000 Contra Costa County residents and 7,000 residents in Alameda and Solano counties will be eligible for property tax relief this September, county officials said Wednesday. The majority of homeowners receiving the reduction in [...]

$520,000 offer is “offensive”

Despite all that is said about the downturning market, people will still say things that surprise you. I made a $520,000 bid on a house that had received no offers in the past 10 months it had been on the market. It started at $799,900 then dropped to $699,900 despite it not meeting its comparative [...]

Subprime loans conquer Wall Street

The whirlwind trades of mortgage-backed securities took its toll on Wall Street: Wall Street ended a volatile week with a sharp decline Friday as investors again succumbed to nervousness about souring subprime loans and rising oil prices. The Dow Jones industrial average fell more than 185 points. . . . Also, concerns about the health [...]

Homeowners say their houses are worth more

If you happened to spot this article from AP, I think many of you may not be surprised. The survey by Boston Consulting Group showed that 55% of Americans believed they could sell their house for more now than a year ago, down slightly from the 59% who felt that way last summer. Nearly three-quarters [...]

Dodging the R Word

If you saw today’s story, you will read that: The UCLA Anderson Forecast reported that the rest of 2007 and 2008 will be affected by the slow housing market. The housing market won’t regain its stability until mid-2009. Although the UCLA Anderson Forecast report declined to say there would be a recession, the report said [...]

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