Summit Realty Group's Blog

  Daily Real Estate News  |  March 18, 2008Company Says Banks Ignored Warnings Freelance loan checkers hired by brokers, lenders, and investment banks to examine the paperwork on home loans being sold as securities say they raised red flags and were ignored.Executives at the two main firms that h...

 Everyone is moving up in the market, so dont wait!  Daily Real Estate News  |  March 13, 2008Garrison Keillor's House on MarketFolksy humorist Garrison Keillor and his wife Jenny Lind Nilsson are selling their seven-bedroom home in St. Paul, Minn., for $1.65 million, according to Mary Hardy, an ...

 Is everything going GREEN? Daily Real Estate News  |  March 13, 2008Green REITs Eye Long-Term GainReal Estate Investment Trusts at the forefront of the "green" movement stand to reap substantial long-term rewards. One example is industrial REIT AMB Property Corp., which has unveiled a 3 million-...

  Is the foreclosure rate dropping?   Daily Real Estate News  |  March 13, 2008Foreclosures Dip But Remain HighForeclosures in February were down 4 percent from January, but the rate of foreclosures remain high year-over-year. The February rate was up 57 percent from February 2007. "The year-over...

  Email as a marketing tool? Daily Real Estate News  |  March 13, 2008E-Mail Can Up Your Marketing ROIA healthy return on investment (ROI) is critical in selling homes today, making your e-mail marketing strategy integral to your bottom line. But there's a risk: if executed improperly, e-mail mar...

  The time to buy is now, so get your lients out to see the inventory available today. Daily Real Estate News  |  March 13, 2008Tap Today's Housing OpportunityFalling home prices spell opportunity for buyers, even if they already own a home and don't want to be a landlord.Here are three smart way...

 This would be wonderful for the housing market.   Daily Real Estate News  |  March 7, 2008Fed: Rates May Remain Low for AwhileThe Federal Reserve may need to keep a lid on interest rates for a significant length of time if the financial markets continue to be under duress, New York Fed President...

  Prices are still dropping...is there any relif in sight? Daily Real Estate News  |  March 7, 2008Home Equity Falls to Record LowTwo housing benchmarks were reach on Thursday, signaling the continuing challenges in the U.S. housing market.The percentage of equity Americans with mortgages have in...

  Should you walk away from your home? Daily Real Estate News  |  March 7, 2008Some Home Owners Just Walk AwayAs prices drop, more home owners who bought at the top of the market are mailing their keys to the lender and walking away. In some circles, it's called "jingle mail."For a fee, Web sites...

  I hope agents tell their clients about this tax code...Daily Real Estate News  |  March 7, 2008Tax Benefits of Owning a HomeBefore a home owner curses the troubled housing market, he or she should take solace in the U.S. tax code, which makes buying a home a good deal for almost everyone.Here's...