Glincor is often monitoring the media. Here are summaries of our latest news stories we find interesting.
A lot of people are moving out of California
People are moving out of California because they can't afford to live there anymore.
Click here for full article
San Francisco's $750 Million Tilting Tower
Learn why residents might be stuck paying for the fixes themselves
Why Are Real Estate Prices Soaring?
real estate prices are steadily climbing
2/2/17
Third-party sales at foreclosure auctions now higher than ever
Distressed sales hit 9-year low in 2016
Atlanta home price gains beat U.S. averageHEADLINE
Despite stalling in November, according Case-Shiller, metro Atlanta’s average price has surged 62 percent since hitting bottom in 2012.
Click here to link to full article.
1/13/17
The Right Time to Sell Is Anytime
New York Times-Real Estate
https://www.nytimes.com/2017/01/13/realestate/the-right-time-to-sell-is-anytime.html?_r=0
12/27/16
The Land of a Thousand Teardowns
Wall Street Journal-Property Report
https://www.wsj.com/articles/the-land-of-a-thousand-teardowns-1482849846
1/18/17
This Is What a $250 Million House Looks Like
As a glut of mega-homes hits the L.A. market, developers are taking it up a notch.
https://www.bloomberg.com/news/articles/2017-01-18/this-is-what-a-250-million-house-looks-like
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-Up to 90% acquisition and 90% of improvements (credit terms apply)
-Rates between 7% to 9%
-9 month term
-1 to 30 units
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GLINCOR 2017