{"id":6946,"date":"2011-08-05T15:18:56","date_gmt":"2011-08-05T20:18:56","guid":{"rendered":"https:\/\/bhgrealestateblog.com\/?p=6946"},"modified":"2024-12-30T11:12:39","modified_gmt":"2024-12-30T16:12:39","slug":"week-in-review-what-we-liked-from-the-week-that-was-36","status":"publish","type":"post","link":"https:\/\/bhgrecareer.com\/bebetterblog\/week-in-review-what-we-liked-from-the-week-that-was-36\/","title":{"rendered":"Week in Review: What We Liked From the Week That Was"},"content":{"rendered":"<p style=\"text-align: justify\">Records are being broken everywhere we look. First, <a href=\"http:\/\/www.wfmj.com\/story\/15191664\/july-was-among-the-hottest-ever-across-ohio\"><span style=\"color: #0000ff\">record temperatures<\/span><\/a> are <a href=\"http:\/\/www.dallasnews.com\/news\/community-news\/dallas\/headlines\/20110803-dallas-among-hottest-cities-in-the-world-wednesday.ece\"><span style=\"color: #0000ff\">blazing across half of the country<\/span><\/a>; check out <a href=\"http:\/\/www.thedailybeast.com\/galleries\/2011\/07\/25\/hottest-cities-oklahoma-city-lubbock-atlanta.html\"><span style=\"color: #0000ff\">The Daily Beast\u2019s list of the hottest cities<\/span><\/a>, many of which are in the Lone Star State. Mortgage rates also hit the charts, as <a href=\"http:\/\/money.cnn.com\/2011\/08\/03\/real_estate\/mortgage_rates_freefall\/index.htm\"><span style=\"color: #0000ff\">15 year fixed rates hit a new low of 3.52%,<\/span><\/a> while the 30 year fixed <a href=\"http:\/\/www.csmonitor.com\/Business\/Latest-News-Wires\/2011\/0804\/Mortgage-rates-plunge-but-little-boost-for-housing\"><span style=\"color: #0000ff\">hit a near-low of 4.45%.<\/span><\/a><\/p>\n<p style=\"text-align: justify\">There is big real estate news about 90 miles off of the coast of Miami\u2026 <a href=\"http:\/\/edition.cnn.com\/2011\/WORLD\/americas\/08\/02\/cuba.real.estate\/\"><span style=\"color: #0000ff\">Cuba&#8217;s National Assembly<\/span><\/a> approved a bill that makes it <a href=\"http:\/\/www.nytimes.com\/2011\/08\/03\/world\/americas\/03cuba.html?hp\"><span style=\"color: #0000ff\">legal for citizens to buy homes<\/span><\/a>, which has been <a href=\"http:\/\/photoblog.msnbc.msn.com\/_news\/2011\/08\/03\/7241747-cuba-set-to-legalize-buying-and-selling-of-homes\"><span style=\"color: #0000ff\">banned since 1959<\/span><\/a>.<\/p>\n<p style=\"text-align: justify\">Now on to a much larger country with implications on U.S. soil\u2026 <a href=\"http:\/\/www.bloomberg.com\/news\/2011-08-03\/russian-billionaires-buy-u-s-estates-as-overseas-wealth-flows-to-mansions.html\"><span style=\"color: #0000ff\">Russia<\/span><\/a>. Bloomberg reports that amongst Russia\u2019s elite, owning a mansion in the U.S. in cities like Miami or New York is a serious status symbol. This group is snatching up multi-million dollar properties, some of the most expensive in the world, from coast to coast.<\/p>\n<p style=\"text-align: justify\">The world\u2019s tallest building will be <em>somewhat<\/em> American. The Saudi Arabian structure, named <a href=\"http:\/\/www.gizmag.com\/kingdom-tower-to-be-worlds-tallest-building\/19424\/\"><span style=\"color: #0000ff\">Kingdom Tower<\/span><\/a> will stand <a href=\"http:\/\/blogs.forbes.com\/jamesmarshallcrotty\/2011\/08\/02\/kingdom-tower-worlds-tallest-building-coming-to-saudi-arabia-is-real-education-soon-to-follow\/\"><span style=\"color: #0000ff\">3,281 feet tall<\/span><\/a> and will be designed by Chicago-based firm <a href=\"http:\/\/www.zdnet.com\/photos\/plans-for-new-worlds-tallest-building-revealed-images\/6271196\"><span style=\"color: #0000ff\">Adrian Smith + Gordon Gill<\/span><\/a>. The building will house a hotel, luxury condominiums and offices. This will truly be an architectural feat!<\/p>\n<p style=\"text-align: justify\">The AARP is reporting that nearly 32% of adults over age 50 say the <a href=\"http:\/\/www.usatoday.com\/money\/perfi\/housing\/2011-08-02-retirement-no-home-equity_n.htm\"><span style=\"color: #0000ff\">value of their homes has severely diminished, <\/span><\/a>\u00a0resulting in many deciding to postpone retirement. For retirees who are looking to move, <em>AARP The Magazine <\/em>developed a list of the <a href=\"http:\/\/www.usatoday.com\/money\/perfi\/retirement\/2011-07-21-most-affordable-places-to-retire_n.htm\"><span style=\"color: #0000ff\">most affordable places to retire <\/span><\/a>based on home prices, property and sales tax rates, recreation and health care<em>. <\/em>Portland, Tulsa and Gainesville, Ga. are the top three.<\/p>\n<p style=\"text-align: justify\">Do you long to go back to the good old days of being a college student? SwitchYard Media compiled a list of the <a href=\"http:\/\/realestate.msn.com\/college-towns-for-grown-ups\"><span style=\"color: #0000ff\">best college towns for adults. <\/span><\/a>\u00a0The \u201ccharming, quaint and distinctively Dixie\u201d Grand Oaks, Oxford, Mississippi, home to the University of Mississippi, takes top honors. Speaking of college, did your alma mater make <a href=\"http:\/\/www.npr.org\/blogs\/thetwo-way\/2011\/08\/01\/138895540\/colleges-for-partying-eating-and-learning-if-you-must\"><span style=\"color: #0000ff\">Princeton Review\u2019s<\/span><\/a> list of <a href=\"http:\/\/mxp.blogs.cnn.com\/2011\/08\/02\/the-princeton-reviews-top-party-school-rankings\/\"><span style=\"color: #0000ff\">biggest party schools<\/span><\/a>?<\/p>\n<p style=\"text-align: justify\">If you travel via plane, there is a pretty good chance you have experienced flight delays. The Wall Street Journal this week reported that <a href=\"http:\/\/www.thedailybeast.com\/cheats\/2011\/08\/04\/newark-is-most-delayed-airport.html\"><span style=\"color: #0000ff\">Newark International Airport<\/span><\/a> in New Jersey is home to 40 of the 100 most-delayed flights in the nation.\u00a0 Yikes!<\/p>\n<p style=\"text-align: justify\">Talk about the irony\u2026 the founder and former CEO of <a href=\"http:\/\/agentgenius.com\/real-estate-news-events\/forsalebyowner-com-founder-gives-up-on-own-listing-hires-real-estate-broker\/\"><span style=\"color: #0000ff\">ForSalebyOwner.com<\/span><\/a> hired an outside broker after his house, which was marketed through online classified ads and the FSBO site, sat on the market for six months.<\/p>\n<p style=\"text-align: justify\">Stay cool this weekend!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Records are being broken everywhere we look. First, record temperatures are blazing across half of the country; check out The Daily Beast\u2019s list of the hottest cities, many of which are in the Lone Star State. Mortgage rates also hit the charts, as 15 year fixed rates hit a new low of 3.52%, while the [&hellip;]<\/p>\n","protected":false},"author":181,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[7721,23021,26801,28941,37511,42881],"class_list":["post-6946","post","type-post","status-publish","format-standard","hentry","category-commentary","tag-chicago","tag-kingdom-tower","tag-miami","tag-new-york","tag-russia","tag-the-daily-beast"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Week in Review: What We Liked From the Week That Was - Better Homes and Gardens Real Estate Be Better Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bhgrecareer.com\/bebetterblog\/week-in-review-what-we-liked-from-the-week-that-was-36\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Week in Review: What We Liked From the Week That Was - Better Homes and Gardens Real Estate Be Better Blog\" \/>\n<meta property=\"og:description\" content=\"Records are being broken everywhere we look. 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