real estate

Vacant building to be auctioned

A large property in a high-profile area of downtown Fargo, a portion of which has sat vacant for years, is going on the auction block in August.

By Forum Communications , July 24, 2012

Homes for sale listed as rentals in WF scam

WEST FARGO — It seems too good to be true, a three-bedroom rental home with a price tag of $800 a month. And, according to Kristi Hardi, director of Park Co. Realtors, it is. For the past few years, the listings for Park Co. Realtors have been part of a Craig’s List rentals scam that originates from various locations.

By By Danielle Cintron, Forum Communications Co. , July 28, 2011

Sales of previously occupied homes up in November

WASHINGTON (AP) — More people bought previously owned homes in November, the third increase in four months after the worst summer season in more than a decade.

December 22, 2010

Tax statements mailed today

The 2010 real estate tax statements are being mailed today, said Stutsman County Treasurer, Jan Thompson. County residents who have not received a statement by next week are asked to contact the Treasurer’s Office at 252-9036. Mobile home statements will be mailed later in December by the Tax Director’s Office (252-9032).

December 10, 2010

Recovery mixed on strong earnings, weak home sales

WASHINGTON — A flurry of strong earnings reports renewed Wall Street’s optimism in the economic recovery, even as new data Thursday showed home sales sinking and claims for unemployment benefits rising. Sales of previously occupied homes fell 5.1 percent in June to a seasonally adjusted annual rate of 5.37 million, the National Association of Realtors said.

By By Alan Zibel, The Associated Press , July 23, 2010

Flood-damaged homes sold at Fargo auction

Tim Thein drove nearly 200 miles to save thousands of dollars and dozens of trees. The Clara City, Minn., resident landed his dream home Thursday in an auction of houses and other buildings that were bought out because of flooding issues. He paid $23,500 for the six-bedroom, 4½-bath brick home that was sold to the government for nearly $380,000. The homes will be either moved or scavenged for parts.

May 28, 2010

Senate passes massive Wall Street bill

Prodded by national anger at Wall Street, the Senate on Thursday passed the most far-reaching restraints on big banks since the Great Depression. In its broad sweep, the massive bill would touch Wall Street CEOs and first-time homebuyers, high-flying traders and small town lenders.

By By Jim Kuhnhenn, The Associated Press , May 21, 2010

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Home sales up, jobless claims fall

The economy is improving, with home sales up, jobless claims down and inflation tame. Yet there are concerns the economic rebound won’t get much juice from the housing market, which is being fueled by government tax breaks.

By By Alan Zibel, The Associated Press , April 23, 2010

Pending home sales show healthy gain

Pending home sales rose in February, potentially signaling a second surge of home sales in response to the home buyer tax credit, according to the National Association of Realtors.

April 06, 2010

GF home sales hold steady

Steady, steady, steady. That’s how John Colter, director of the Grand Forks Board of Realtors, described the local housing market, even during the booms and collapses in other parts of the U.S. “We’ve been consistent,” Colter said. “Back in the mid-2000s, when the East Coast and West Coast were going crazy, our sales rates just rose at a nice steady pace. Even during the gloom and doom of the housing crisis, our market has always been good.”

By By James R. Johnson , Forum Communications Co. , April 06, 2010

Midwest home sales up in February

Midwest home sales improved nearly 10 percent over last year as tax credits and low interest rates continued to motivate buyers. The National Association of Realtors released figures Tuesday showing 68,000 sales in the 11-state region in February, and the median sales price fell 2 percent to $128,000.

March 24, 2010

Pending home sales fall in January

The number of buyers who agreed to purchase a home fell sharply in January, a sign that demand for housing is sinking this winter as stormy weather slammed Eastern states.

March 05, 2010

Midwest home sales mixed

In the Midwest, January home sales plummeted 37 percent from December’s figure, but sales were still up nearly 4 percent over the previous year, according to figures released Friday by the National Association of Realtors.

February 27, 2010

Multi-generational homes a trend

Family reunions are taking on a new meaning in the real estate market. According to a recent survey by Coldwell Banker Real Estate LLC among its network of real estate professionals, in the last 12 months, 37 percent of sales professionals surveyed noted an increase in homebuyers looking to purchase homes to accommodate more than one generation of their family. In addition, almost 70 percent of Coldwell Banker sales agents believe that economic conditions may cause greater demand for multi-generational homes in their market during the next year.

February 23, 2010

Contracts to buy homes inch up

The number of people preparing to buy a home rose slightly in December, a positive sign heading into the spring home buying season. The National Association of Realtors said Tuesday its seasonally adjusted index of sales agreements rose 1 percent from November to December to a reading of 96.6. That was a bit lower than the 97.1 level analysts expected, according to Thomson Reuters.

February 03, 2010