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Foreign investors flock to Atlanta's foreclosed homes


Colin Brechbill - Tuesday, August 16, 2011

ATLANTA (http://www.11alive.com/news/article/201651/40/Foreign-investors-flock-to-Atlantas-foreclosed-homes#) -- When it comes to American real estate, it's a buyer's market. And apparently, that message has made its way around the world. Monday, nearly a dozen real estate investors from Australia spent the day touring Atlanta by bus, moving from house to house and inspecting each one for potential purchase. "The American dollar has dropped. Ou ..

Real estate: It's time to buy again


Colin Brechbill - Wednesday, June 01, 2011

Forget stocks. Don't bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing. (http://fortunewallstreet.files.wordpress.com/2011/03/real_estate-home.jpg) A home under construction in Austin. The number of new homes in the pipeline nationwide is quite low. From his wide-rimmed cowboy hat to his roper boots, Mike Castleman fits moviedom's image of the lanky Texas rancher. On a recent March evening, Castleman is feeding cattle b ..

The 10 best cities for home buyers


Colin Brechbill - Wednesday, June 01, 2011

You better believe it -- the real estate market is back. It's time to buy again, and here are the 10 cities with the most affordable homes, according to a new report from Deutsche Bank. ATLANTA, GA Rent as % of after tax mortgage payment: 151.2% Median home price change, 2006-2010: -33.2% Many of the cities on this list now have the most affordable housing simply because their real estate crashes were so much more pronounced than  ..

US property prices rise for third month running


Colin Brechbill - Wednesday, March 23, 2011

Property sales have risen for the third month in a row in the US, reaching 5.3% above the level of 5.09 million last seen in January 2010. This marks the first time in seven months that these totals have shown a rise over the year for USA property. A 2.7% rise was seen in existing home sales, leading to an adjusted annual rate of 5.36 million in January - up from December figures of 5.22 million. These figures take into account investments in town homes, condos, co-ops and single-family ..

10 Reasons to Buy a Home


Colin Brechbill - Wednesday, March 09, 2011

Enough with the doom and gloom about homeownership. Brett Arends explains why owning a home is a good thing. Enough with the doom and gloom about homeownership. Sure, maybe there’s more pain to come in the housing market. But when Time magazine starts running covers that declare “Owning a home may no longer make economic sense,” it’s time to say: Enough is enough. This is what “capitulation” looks like. Everyone has given up. The Sept ..

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