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A daily compilation of top real estate headlines from around the country.
July Pending Home Sales Show Rise
Contract signings for July are up 5.2 percent, indicating closings could also be heading up in the months ahead.
HUD: Communities Get First Look at Properties
The federal government is pouring billions of dollars into distressed areas, creating opportunity as neighborhoods stabilize.
Fed Governor: Turn REOs into Rentals
Elizabeth Duke, a Federal Reserve governor, advocates alternatives to sale for foreclosed homes, including renting out the properties.
Investment Property: Four Considerations
A deal should make sense whether or not the property appreciates, an investor says.
Michigan: Free Land in Exchange for Jobs
Companies are offered big incentives to put down roots and create jobs in a depressed area.
Aaron Jorgensen
Broker/Owner
(972) 636-8400
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