Category Archives: Real Estate

BBB Doubles Instances of Service in 2009 RALEIGH, N.C. — According to year-end statistics, BBB provided nearly 850,000 instances of service to consumers and businesses in 2009, up over 100 percent from over 440,000 in 2008. The increase in service … Continue reading

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still no evidence of a significant rebound in home sales

The National Association of Realtors said on Tuesday its Pending Home Sales index, based on contracts signed in December, rose 1.0 percent to 96.6 after a steep drop in November when a boost from an initial tax credit for first-time … Continue reading

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Drop in existing home sales

Last week, a media storm took place with the large drop in existing home sales.  The drop of 16% seemed to shock everyone who was predicting only a 10% decline after the expiration of the initial home-buyer tax credit.   Right after … Continue reading

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Love affair is on the rocks?

Their love affair with traditional lenders is on the rocks, so some residential real estate developers have found a new partner: private equity. More than 20 firms are looking to team up with homebuilders to go bargain shopping for distressed … Continue reading

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Loan Approval Time Frame

The government has instituted more compliance measures that originally were meant to help and protect consumers, but it’s not turning out that way. Because of these new initiatives, the loan process now is becoming more confusing for the consumer, and … Continue reading

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