May 2016 H OUSING N EWS R EPORT
NEWS BRIEFS
Realtor Robbed and Beaten
America’s Laziest Cities
Real estate investors, property managers and Realtors beware.
What are the top U.S. cities where lazy people thrive?
Realtor.com has ranked America’s 10 laziest cities. Criteria included the number of restaurants offering delivery, average hours worked and percentage of listed homes with a hot tub, sauna or steam room. Three of America’s laziest cities are in Florida, including America’s laziest city, Boca Raton. “The Beverly Hills of Florida,” as it’s sometimes called, joined two other Florida cities, Orlando and Miami. Mild weather and slothfulness seem to go hand-in-hand as three sluggish cities are also in California — Berkeley, Pasadena and San Francisco. Two college towns — Ann Arbor Michigan and Boulder, Colorado — made the lethargic list. And Las Vegas ranked fourth for the indolent.
A Milwaukee real estate agent who manages rental property was targeted in an armed robbery while showing an apartment near 15th and Burleigh streets in Milwaukee, according to the Milwaukee
Jim Olsen
Journal Sentinel.
On May 3, around noon, Jim Olsen, 61, was showing an apartment to a young woman. As Olsen entered the back bedroom of the apartment, a masked man with a gun ambushed, and a second masked gunman came out of the bathroom. They told him to get on the floor and hit him on the back of the head with one of the guns, Olsen told the Journal Sentinel. Then, the gunmen took his wallet, iPhone and wedding ring and fled. “I’ve been in this business for over 30 years and never have I feared for my life like I did that day,” said Olsen, an agent with Century 21 Affiliated. “This was an eye opener.”
SOURCE: Realtor.com
SOURCE: Journal Sentinel
400,000
8.00
TotalForeclosureFilings (RealtyTrac) 30-YearFixedRate (FreddieMac) U.S. Foreclosures and Freddie Mac Interest Rate Data - (2005 - 2016)
350,000
7.00
300,000
6.00
250,000
5.00
200,000
4.00
150,000
3.00
2.00
100,000
1.00
50,000
0.00
0
SOURCES: RealtyTrac, National Association of Realtors, U.S. Commerce Department
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