Rose Cottage Ltd

++ Startups Racing to Renovate the Home

This is a bit of a “one-off” but I thought it was good info to know…

++ How long is too long to keep food in the fridge?

++ Ark. real estate agent disappears while showing home

++ Investing In Luxury Real Estate

Now here are two headlines that show how closely you need to pay attention to the news, and what it’s really telling you:

++ U.S. New-Home Sales Surge 18% in August

Versus:

++ US existing home sales fall, investors pulling back

So if any news source makes a blanket statement about what the “real estate market” is doing, be very suspicious!

++ Norway jumps to second-biggest foreign buyer of U.S. real estate

I don’t know why it bothers me, but I am concerned about how many foreign interests are buying up huge chunks of America. Some foreign investors are buying REITs or real estate investment trusts – which means they can potentially own major stakes in many US commercial buildings, rural property, or single-family communities.

My worry comes from what I know to be true in single-family properties. Who takes the best care in and has the most pride of property ownership? One who lives in what they own. Absentee landlords? Not so much.