Foreigners find easy buys in U.S.

Foreigners find easy buys in U.S.
For the international investor class, the United States’ bloated inventory of homes, high unemployment and weak currency make for an unusually…
Read more on The News-Press

Oscar de la Renta Buys SoHo Apartment

Oscar de la Renta Buys SoHo Apartment
The fashion designer paid $2.4 million for the condominium at the SoHo Mews.
Read more on New York Times

Memphis REIT buys Hue condos for $33.6 million

Memphis REIT buys Hue condos for $33.6 million
A Memphis real estate investment trust has bought the Hue condo building in downtown Raleigh for $33.6 million.
Read more on The News & Observer

Busse buys in at Kelley

Busse buys in at Kelley
Keith Busse, founder of Steel Dynamics Inc., has acquired a significant interest in the assets of Kelley Automotive Group.
Read more on Fort Wayne Journal Gazette

Are condos good buys in this economy? 50% 0ff as short sale approved.. is this a good deal? I need some help?

question # 1
if i purchase a condo via short sale ” already aproved by bank”, and the price is $100,000 and the assesed price is 200,000 does this means that the equity in the property is $100,000?
2. how long would i have to weit in order to be bable to take out equity.
is [...]