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Showing posts from April, 2010

Tomorrow Real Estate Trends

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Where are the trouble spots in the U.S. ? by Francesca Levy Wednesday, April 28, 2010 provided by In these cities, the housing crisis is expected to worsen. Since the late 1970s casino-rich Atlantic City, N.J., has been a beachfront escape for poker aficionados and Keno-loving retirees from Philadelphia, Northern New Jersey and New York. More from robertjrussell.com : • Real Estate Outlook: Signs of Recovery • Online Radio Show • Join us on Facebook! Today, buying a home in Atlantic City is a gamble. Of 315 cities measured by Local Market Monitor, a Cary, N.C.-based real estate research firm, the Atlantic City metro is expected to experience the largest drop in home value over the next 12 months. A pocket of Northwestern cities where restrictions on building have artificially inflated prices, and smaller metros whose housing markets have benefited from internal migration, join Atlantic City on our list of real estate trouble spots. Like cities in California, Florida, Nevada and Ariz...

Is now a time to sell or to buy or maybe both ?

RISMEDIA, April 1, 2010-The real estate brokerage industry is in the process of coming out of a significant storm that has wreaked havoc on a large percentage of firms. Some have failed, some are hanging on, and yet others are reinventing themselves for the future. Regardless of your company's situation, it's time to assess where you want to be in the next few years and what it's going to take to get there. Doing nothing is simply not an option. For three years, innovation has been stifled due to the fact brokerages have been in "survival mode" and investments in the future, by necessity, have been largely ignored. Unfortunately, the expectation of agents and consumers has never been higher, thus forcing the industry to now start playing catch-up as the market begins to show signs of life. Some brokerages see the next 24-36 months as a time of unprecedented opportunity to reinvent themselves and consolidate market share. Others, due to age or financial limitation...