The realtor.com data team set out to find the markets where home sellers are walking away with the biggest profits. Lance Lambert, provided by Published 5:00 am CDT, Monday, July 23, 2018 Photo: Bloomberg/Getty Images; Mike Kline/Getty Images;Alex Zyuzikov/Getty Images Image 1of/1 CaptionClose Image 1 of 1 Photo: Bloomberg/Getty Images; Mike Kline/Getty Images;Alex Zyuzikov/Getty Images Here are America's Most Profitable Housing Markets: Cash In! 1 / 1 Back to Gallery Throwing down some hard-earned cash on blackjack or craps at the local casino is enough to make some folks break out into a cold sweat. But when it comes time to buy a home, the ante gets raised to truly nerve-racking levels: They're making the biggest wager of their lives on what'll likely be their largest investment. Ever. Owning a home … [Read more...] about Here are America’s Most Profitable Housing Markets: Cash In!
Houses just sold in my area
This home in Sunnyvale's West Valley neighborhood recently sold for $3.15 million -- the highest price ever recorded for a single-parcel home in the city. (Photo courtesy of Keller Williams) This 9,585 square foot chateau in Menlo Park is now on the market for $21 million. The home, which includes a temperature-controlled wine cellar, six bedrooms and nine bathrooms, is being sold by Silicon Valley entrepreneur Dale Fuller. (Photos courtesy of Coldwell Banker) Sound The gallery will resume inseconds (Photo courtesy of Holly Barr of the Sereno Group) This heavily fire-damaged home on Bird Avenue in San Jose landed on the market Thursday morning for $799,000. (Courtesy of Holly Barr/Sereno Group) This condemned Fremont home recently sold for $1.23 million, despite being uninhabitable. (Photo courtesy of Larry Gallegos of Better Homes and Gardens, Reliance Partners) This house at 112 Blackstone Drive in San Rafael sold for $989,000 in April 2018. … [Read more...] about Frustration spikes in Bay Area house-hunting
When a craftsman cottage in a popular Richmond neighborhood came on the market this spring, it was snatched up within days.The house on West 45th Street in the Forest Hill Terrace neighborhood – listed for $259,900 - was shown 53 times in 36 hours.Eleven offers were made for the 1,469-square-foot house with three bedrooms and 1.5 baths.“We made up our minds rather quickly, to say the least,” said Meg Hamilton, who bought the house with her husband, Jonathan.“We were charmed by this home,” she said. “It was full of light with beautiful original details from the 1940s era.”While they were looking for a home outside the city, they saw that this one had come on the market and drove by “just to take a look,” she said.“To our surprise, the house was completely lit up and swarming with people. We had no idea there was an open house, or that it was only going to be open for viewing for a day and a half. It seems serendipitous now that … [Read more...] about Richmond’s real estate market is on fire: Low inventory is causing multiple offers and homes selling above asking price in some areas
We spent 36 hours in my hometown last weekend. I expected it to feel like one of those crazy, “up north” whirlwinds — but even with two nights’ sleep factored in, it turns out a person can do a lot of living in 36 hours.I met a dear friend for a leisurely breakfast. I celebrated my sister- and brother-in-law’s birthdays around the fire pit. I spent an hour ambling through the woods.On Saturday morning, I even made it through a pretty substantial list of errands with my mom. I sold the adventure to her as a “quick run into town” to pick up last-minute items for the birthday party. We stopped at the grocery store for snacks. We ran into the Dollar Store for balloons. We swung by my cousins’ house to say hi.“OK, let’s get back to the house!” my mom said for like the 17th time once we pulled away from my cousins’ house. She was obsessed with getting home to make chocolate-covered strawberries.“Just one more quick … [Read more...] about Jen’s World: People stick around in my hometown
Boom and bust In its heyday in the last century, Rock County was the epitome of heartland prosperity. Apart from farming, the county had its share of foundries and factories — and above all, the GM assembly lines that built Chevys by the millions. Like much of the American manufacturing economy, employment at GM in Janesville peaked in the 1970s, when the automaker employed 7,100 in middle-class jobs with enviable benefits. A halo of local supplier industries orbited around GM. Then came downsizings. When it closed its gates nine years ago, GM employed 1,200 in Janesville — not counting the supplier businesses it took down with it. Janesville’s oldest major employer was going through the same downward spiral. George Parker began making luxury fountain pens in 1888, and shipped them around the world. Parker Pen once employed more than 1,000 workers. But by the time it closed in 2009, headcount was down to 150. Sold and resold, Parker Pen still … [Read more...] about Wisconsin childhood trauma data explodes myth of ‘not in my small town’