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Tag Archives: Service Providers

Actress to ‘Flip’ Her Southern California Mansion for $3.55M

Most famous for her real-life role as Charlie Sheen's third ex-wife, actress Brooke Mueller has put her home in Tarzana, California, on the market for $3.55 million, attempting to flip the property one year after purchasing the 0.62-acre estate. According to RealEstalker, Mueller bought the posh pad from former Spice Girl member Mel B for $3 million, which was $159,000 less than the singer and her husband paid for the abode in 2009.

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Publications Honor ULS for Employment Growth

Urban Lending Solutions (ULS) is among the nations top job creators, according to Inc. magazine, which recognized the company with its Hire Power Awards. Boulder Daily Camera also ranked ULS No. 14 on its list of the largest full-time employers in the private sector in Broomfield/Boulder counties.

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Report Examines Effect of Consumer Expectations on Price Recovery

A recently released Home Value Forecast from Pro Teck and Collateral Analytics posits that consumer expectations of price trends can actually keep them going and even add to their momentum. Pro Teck CEO Tom O'Grady says that as home buyers perceive prices are rising or falling, they behave in a way that actually encourages the trend. For example, rising prices "also increase net worth and encourage those buyers who have been sitting on the fence to purchase," increasing turnover rates and reinforcing more price gains.

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MacArthur Foundation Requesting Research Proposals on ‘How Housing Matters’

The John D. and Catherine T. MacArthur Foundation has issued a request for housing research proposals as part of its How Housing Matters to Families and Communities program. The program is a five-year, $25 million research initiative designed to deepen the literature on the effect that investments in housing have on social and economic outcomes.

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Asking Prices Increase, Discounts on the Decline

Asking prices on homes improved on a yearly basis for the seventh straight month in November, according to the latest report from FNC, Inc. The report also shows a steady improvement in liquidity conditions throughout 2012--meaning the gap between asking prices and selling prices is closing, even as prices rise. The average home sale in October closed at 6.6 percent below the asking price, a year-over-year improvement from 9.7 percent.

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Treasury Sheds Last AIG Shares

The Treasury announced Tuesday it will sell the remainder of its shares of American International Group, Inc. common stock. The move brings Treasury's stake in the company to an end. Together, Treasury and the Federal Reserve invested $182.3 billion to stabilize the failing insurance behemoth in September 2008 at the start of the financial crisis. In addition to recouping the total $182.3 billion, the Treasury incurred a positive return of $5 billion, while the Federal Reserve received a positive return of $17.7 billion.

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