See what events are shaping the Saint John real estate industry. Dave Cochrane also talks about the sales real estate market for the first three months of 2010.

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Jane’s Realty 2 new game coming soon on Realore http://www.realore.com/janesrealty2/ In a brand new game Jane’s Realty 2 you will have a huge amount of land that needs to be bought and built on. The variety of objects to build will amaze you: from ordinary houses to the whole estates with gardens and fountains! Moreover there is a rich collection of furniture and differents items for your buildings. By the way, you can not only build new houses but also you have the opportunity to reconstruct some ancient places. This sequel is even more addictive that the first part! Jane’s Realty orignal you could play on there http://www.realore.com/games/janesrealty/

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Homes for Sale – http://www.realestate.com – For additional information about 7856 Southwest 31St Avenue or to schedule an appointment to see this home, please call toll free 866-285-3226. You can also view more details about this Condo/Townhouse/Co-Op for sale in Portland, OR 97219 and find additional real estate listings on RealEstate.com. MLS #: 10028490 For More Details, visit: http://www.realestate.com/OR/Portland/32028797-7856-Southwest-31St-Avenue-Portland-OR-97219-10028490-home-for-sale.aspx

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Own a piece of Long Island History with this original home designed by architect William Mushenheim. Nationally renowned for his designs, Mushenheim is credited with creating the façade for the New School for Social Research in Greenwich Village, the Guggenheim Museum, alterations to the Hotel Astor, and the design of the Marine Transportation Building at the 1939 World’s Fair.

Built for author Alistair Cooke, this 1940s bay front home is one of the first modern-style homes built on Long Island

Situated on 1.5 acres at the very southern tip of Nassau Point in Cutchogue, this home sits on a dramatic bluff overlooking serene Peconic Bay

With 5 bedrooms and 2.5 baths, there’s plenty of room for the entire family!

Soak in the sights and sounds of nature from the private screened-in porch

Entertain friends for a long summer weekend in this separate guest studio with ½ bath.

Panoramic views of the Peconic Bay and Shelter Island bring to mind lazy afternoons in the South of France.

History, privacy, and a dramatic location make this Nassau Point property a spectacular find!

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http://www.CottrellRealty.com has this wonderful Town and Country home – Saint Louis MO Real Estate. Incredibly Amazing! This phenomenal newly constructed 4 bed/4.5 bath residence is guaranteed to please. Breathtaking from the curb, it is even more so inside. Gorgeous walnut flooring stretches thru the entry foyer & most of the main floor. The living room features a soaring cathedral ceiling, built-in bookshelves & a toasty fireplace. The elegant dining room has an adjacent wet bar & French doors to the giant screened porch. The chef in you will marvel at the character imbued into this gourmet kitchen & breakfast room. You’ll adore the granite counters, stainless appliances, butler’s pantry & the walk-out to the covered back porch. Next admire the great room with its own fireplace & a great view of the woods. The spacious master suite boasts a marvelous bath with cathedral ceiling, jet tub & more. There are 2 laundry rooms-one on the main floor & one on the 2nd. The huge 3-car rear entry garage can be finished above for additional living space! This is a Must See. Set an appt Today!!!

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Real estate for sale at 3905 Latinne College Station Texas 77845 – for more info visit http://vt.realbiz360.com/Listing-323844.html

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On sale on www.houseabruzzo.com a large historic village house, furnished with 19th century antiques, very elegant, with a modern wing in part of the house.

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The Bright Side of the Housing Collapse….You can buy a home for as little as $40 (with payments as low as $0.19 per month!!! if financed)

One in five U.S. mortgage borrowers are underwater

NEW YORK (Reuters) One in five U.S. homeowners with mortgages owe more to their lenders than their properties are worth, and the rate will increase as housing values drop in states that have so far avoided the worst of the crisis, a new study shows.

About 8.31 million properties had negative equity at the end of 2008, up 9 percent from 7.63 million at the end of September, according to the study, released Wednesday by First American CoreLogic. The percentage of “underwater” borrowers rose to 20 percent from 18 percent.

Another 2.16 million properties could go underwater if home prices fall another 5 percent, the study shows.

First American said the value of residential properties fell to $19.1 trillion at year-end from $21.5 trillion a year earlier, with half the decline in California. Forty-three U.S. states and Washington, D.C., were included in the study.

While states such as California, Florida and Nevada were particularly stressed, the study showed worrying signs of deterioration in relatively healthy parts of the nation.

“The economic slowdown is broadening,” said Sherrill Shaffer, a banking professor at the University of Wyoming at Laramie and a former Federal Reserve official. “As more people lose jobs, it will be more difficult to sustain the levels of pricing and home ownership, and that is a big factor driving down housing prices in more parts of the country.”

Arizona, California, Florida, Georgia, Michigan, Nevada and Ohio remained the most stressed states, with 62 percent of underwater borrowers and just 41 percent of mortgages.

Other areas, though, also face more stress. Connecticut, for example, saw a 25 percent increase in homes with negative equity, while Washington, D.C., had a 44 percent increase.

“Even I continue to be surprised at the tentacles of this financial and economic debacle,” said Robert MacIntosh, chief economist at Eaton Vance Management in Boston. “More people are being laid off, resulting in reduced income and therefore less consumption. That leaves fewer people with money to buy homes, and the mentality is that people believe they should wait six months rather than buy now. Less demand means falling prices.”

Roughly 68 percent of U.S. adults own their own homes, and about two-thirds of these have mortgages. Many economists expect the nation’s unemployment rate to rise above 9 percent before the recession ends, up from January’s 7.6 percent.

CALIFORNIA, NEVADA UNDER STRESS

California had 1.9 million borrowers with negative equity at year-end, more than any other state, followed by Florida’s 1.28 million. About three in 10 borrowers in both states were underwater.

By other measures, Nevada was the most stressed, with 55 percent of owners having negative equity and borrowers on average owing 97 percent of what their homes are worth. About 28 percent owe more than 125 percent of their homes’ value.

Michigan had 40 percent of its homeowners underwater, while Arizona had 32 percent.

New York fared best, with just 4.7 percent of borrowers with negative equity and an average 48 percent loan-to-value ratio, though this could change as employment and bonuses slide in the financial services industry.

According to the S&P/Case-Shiller Home Price Indices, prices of U.S. single-family homes slumped 18.5 percent in December from a year earlier, the biggest drop in the 21-year history of the data.

Many lenders are taking steps to keep borrowers out of foreclosure. The Obama administration has backed legislation that could broaden powers of bankruptcy judges to modify mortgages for troubled borrowers. Among major lenders, only Citigroup Inc has supported such a plan.

MacIntosh expects housing prices to keep falling until “well into” 2010. “There is no magic bullet or magic arrow here,” he said. “It is a question of trying to come up with ideas and seeing what happens. It could take a long time.”

First American CoreLogic is an affiliate of title insurance and real estate services company First American Corp.

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The home of one of baseball’s greatest ambassadors is up for sale.

When Buck O’Neil died last fall, he left behind friends, fans and a small house on Kansas City’s east side.

The house at 3049 E. 32nd St. is listed for $26,500. A real estate agent said it needs about $15,000 worth of repairs, but the buyer would be getting a bit of history. “It’s not in great condition. It needs a roof. It needs some other repairs. It’s charming on the inside. It has two full baths, two half-baths. There’s a dressing room off the master bedroom upstairs,” said W. D. Hall with EXIT Realty Heartland.

KMBC’s Bev Chapman reported that friends said the house is exactly the kind of place the humble and generous O’Neil would buy. It’s a modest, two-story house where he lived with his wife in the ’40s.

“He just lived simply. The most extravagant thing was his clothes — he had a ton of clothes,” said friend Ron Miller, who met O’Neil at Bethel A.M.E. Church.

The Negro Leagues Baseball Museum has most of O’Neil’s most valuable memorabilia.

The Baseball Hall of Fame will honor O’Neil this year with a lifetime achievement award at Cooperstown.

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Homes for Sale – http://www.realestate.com – For additional information about 100 Nutmeg Lane or to schedule an appointment to see this home, please call toll free 866-285-3226. You can also view more details about this Single Family Home for sale in WINCHESTER, VA 22602 and find additional real estate listings on RealEstate.com. MLS #: FV7272840 For More Details, visit: http://www.realestate.com/VA/Winchester/30945527-100-Nutmeg-Lane-Winchester-VA-22602-home-for-sale.aspx

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