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Real Estate News Blog; June, 2009 Archive |
By Art C Ryter at 06/27/09 18:33
Strict Immigration Laws And Their Impact On Local Real Estate Values Discusses the relationship between anti-immigration laws and real estate prices between Prince William, Manassas, and Fairfax counties in Virginia. Prince William and Manassas counties have passed ant-immigration laws which have led to foreclosures throughout the county; many of which were formally owned by individuals with Hispanic last names. As they have fled to Fairfax county and further, prices have declined by 40% from the mid $400,000s to $239,000. Many residents, especially local citizen groups, such as the stay at home mom's group, are happy that their neighborhood homes are becoming rental housing rather than the former multi-generational homes of the immigrant community.
Index for Virginia
Virginia Tags: real estate • immigration laws • forclosure • foreclosure •
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By Art C Ryter at 06/26/09 20:24
Texas Real Estate Booms Despite Economy Promotional piece discussing the importance of location for Texas real estate. North Texas does not seem to be experiencing the falling housing market that has hit most of the rest of the United States. Luxury is still the focus of this market as the developers, the O'Dea Moyers Group, has focused on recreating the international feel in their new home construction. They have built a home in the French Chateau style as a model of international living in dry, north Texas.
Index for Texas
Texas Tags: luxury homes • real estate boom • housing market • french chateau style •
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