real estate news: Have we finally hit bottom? - 05/16/08 11:02 AM
OPINIONThe media has been full of speculation, negativity, and hyperbole. Although we all know the housing market has been in a decline since 2005 many reporters have capitalized on selling headlines with inaccurate information. We are finally seeing a change; in my opinion one of the best changes is reporters have
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real estate news: Harley Tells it Like it Is! - 05/16/08 10:09 AM
I'm in Washington, DC this week at the NAR Mid-Year meetings - this is the 100th year of NAR, and the 105th year of Harley Davidson. Yesterday, I opened the hotel's USA Today and this is the ad on the back of the Business Section (minus the really cool bike):
We
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real estate news: Where Real Estate Prices are Increasing in the Nation - 05/15/08 01:36 PM
Read an article on the real estate market lately and you will find little more than tales of gloom and doom. Recession impact, the falling dollar, real estate bubbles bursting the hot markets - the combination of all these factors are the culmination of real estate gurus warning of an inflated
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real estate news: Westampton New Jersey Real Estate Market Update YTD April 2008 - 05/14/08 03:14 PM
Here’s the Westampton Real Estate market update for April 2008. Pended units for the April were down 3 and Sold units were down 9 compared 2007; listed units were down 15 versus 2007. This has led to a current inventory of 89 units. Westampton has been averaging 9 units sold per
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real estate news: Palmyra Real Estate Market Update YTD April 2008 - 05/14/08 03:07 PM
Here’s the Palmyra Real Estate market update for April 2008. Pended units for April were down 1 and Sold units were down 2 compared 2007; listed units were down 6 versus 2007. This has led to a current inventory of 72 units. Palmyra has been averaging 9 units sold per
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real estate news: Mount Laurel Real Estate Market Update YTD 4/2008 - 05/14/08 02:59 PM
Here’s the Mount Laurel Real Estate market update for April 2008. Pended units for the April were down 29 and Sold units were down 18 compared 2007; listed units were down 37 versus 2007. This has led to a current inventory of 445 units. Mount Laurel has been averaging 52
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real estate news: RE/MAX co-founder sees signs housing market is improving - 05/14/08 02:24 PM
RE/MAX co-founder sees signs housing market is improvingDave Liniger shares his predictions for the sector and the overall economyWednesday, March 19, 2008 http://www.oregonlive.com/business/oregonian/index.ssf?/base/business/120589710916650.xml&coll=7AMY HSUANThe Oregonian StaffThese days, Dave Liniger, co-founder and board chairman of RE/MAX International Inc., is more prognosticator than salesman. Still, even with nothing but doom hanging over the
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real estate news: How Inflation and the Dollar are Hurting Your Chances to Sell Your House - 05/14/08 10:26 AM
Paying a mortgage bill is one of the largest monthly bills the average family faces. When the economy dips into a recession, the mortgage payment can seem increasingly daunting. Our current economic situation couples the recession with increasing gas prices and a falling dollar. What does this mean for your mortgage
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real estate news: Moorestown Real Estate Market Update YTD 4/2008 - 05/13/08 09:34 PM
Here’s the Moorestown Real Estate market update for April 2008. Pended units for the April were flat and Sold units were down 12 compared 2007; listed units were up 3 versus 2007. This has led to a current inventory of 208 units. Moorestown has been averaging 14 units sold per
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real estate news: Maple Shade Real Estate Market Update YTD 4/2008 - 05/13/08 09:14 PM
Here’s the Maple Shade Real Estate market update for April 2008. Pended units for the April were down 5 and Sold units were down 5 compared 2007; listed units were down 4 compared with 2007. This has led to a current inventory of 98 units. Maple Shade has been averaging
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real estate news: Lumberton New Jersey Real Estate Market Update YTD 4/2008 - 05/13/08 08:40 PM
Here’s the Lumberton Real Estate market update for April 2008. Pended units for the April were down 6 and Sold units were down 1 compared 2007; listed units were up 3 versus 2007. This has led to a current inventory of 120 units. Lumberton has been averaging 11 units sold
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real estate news: Marlton Real Estate Market Update YTD 4/2008 - 05/13/08 08:09 PM
Here’s the Marlton Real Estate market update for April 2008. Pended units for the April were down 12 and Sold units were down 5 compared 2007; listed units were down by 6 units versus 2007. This has led to a current inventory of 465 units. Marlton has been averaging 49
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real estate news: Delran Real Estate Market Update YTD 4/2008 - 05/13/08 06:17 PM
Here’s the Delran Real Estate market update for April 2008. Pended units for the April were down 4 and Sold units were down 1 compared 2007; listed units were up by 7 units versus 2007. This has led to a current inventory of 130 units. Delran has been averaging 10
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real estate news: Cinnaminson Real Estate Market Update YTD 4/2008 - 05/13/08 04:02 PM
Here’s your Cinnaminson Real Estate market update for April 2008. Pended units for April were down 5 and Sold units were down 1 compared 2007; listed units were up by 1 unit versus 2007. This has led to a current inventory of 98 units. Cinnaminson has been averaging 9 units
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real estate news: Burlington County Real Estate Market Update YTD 4/2008 - 05/13/08 03:34 PM
Here’s your April Burlington County Real Estate market update. For April, listed units were down 102 unit compared to 2/2007, or a 8.9% decrease. Pended units for April were down 88, or a 20.6% decrease. Sold units were down 101 compared April 2007, a 27.8% decrease. This has led to
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real estate news: What if all the real estate headlines are wrong? - 05/12/08 02:35 PM
OK, time for a 30-second real estate market quiz. Quick...which is the more exciting scenario?
- A man slowly walks down a flight of stairs, sometimes pausing or retracing his steps until he reaches a floor. After trudging along for while, he notices another staircase and begins ascending, occasionally pausing or taking
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real estate news: Real Estate Bubble Markets and Foreclosures Rates - How To Sell My House - 05/12/08 11:40 AM
It's no surprise that when the real estate bubble burst, the most inflated regions were the ones to suffer the strongest loss. In areas that are buoyed by outside factors like strong industry sectors whose companies did not lay off numerous workers, the bubble burst was hardly a ripple in the
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real estate news: The Housing Crisis is Over or is It? - 05/09/08 06:46 PM
An article in the Wall Street Journal declares that the housing crisis is over. It is an interesting article and worth reading. It compares today's market with those of the 70's 80's and 90's.
http://online.wsj.com/article/SB121003604494869449.html?mod=WSJBlog
The article has a lot of merit and the local statistics seem to support it. Last
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real estate news: Sun Corridor beginning to rise - 05/09/08 05:37 PM
Ed Taylor, Tribune
May 7, 2008 - 9:55PM
A metropolitan region is emerging that stretches from the Mexican border at Nogales, through Tucson and Phoenix, to the Prescott area - a region that will double in population to 10 million in the next 30 years.
A study released this week by
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real estate news: Zillow surveys optimistic on Phoenix home values - 05/09/08 05:34 PM
Catherine ReagorThe Arizona RepublicMay. 8, 2008 12:00 AM
Zillow's surveys of home prices in metro Phoenix are a bit more upbeat than other indexes and reports.Zillow reports home prices are down almost 16 percent in metro Phoenix during the past year. The Case-Shiller index reports the price decline in metro Phoenix
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real estate news: The Housing Crisis Is Over - 05/09/08 05:24 PM
By CYRIL MOULLE-BERTEAUXMay 6, 2008; Page A23The dire headlines coming fast and furious in the financial and popular press suggest that the housing crisis is intensifying. Yet it is very likely that April 2008 will mark the bottom of the U.S. housing market. Yes, the housing market is bottoming right now.How
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real estate news: May Real Estate News - 05/09/08 02:02 PM
HOME PRICES ROLL BACK TO 2004 LEVELS... Sales data for the first quarter has arrived and for March specifically, prices have hit the 2004 watermark. That means the median price is down almost 20% from a year ago. Both the Los Angeles Times and the Orange County Register reported the Dataquick
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real estate news: Foreclosure Prevention Act of 2008 - Will This Help Stop the Foreclosure Crisis? - 05/06/08 01:28 PM
The government is doing all they can to stop the slowing of the economy. On February 13th 2008 the Foreclosure Act of 2008 was introduced to congress. Heading up the bill is Senator Harry Reid, a democrat in Nevada. You should not be surprised that Nevada holds the record for the
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real estate news: Bad real estate market? I ask the question...For whom? - 05/05/08 09:13 AM
We are in the midst of a very unusual (to say the least) real estate market. Everyone always asks us, "When it is going to get better?" My knee jerk response would be, "We all know that no one can predict the future. However, economic indicators say that this could possibly continue for another 6 months
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real estate news: ModernLandRun.com : Oklahoma City's New Blog For Real Estate Professionals - 05/03/08 02:59 PM
I'd like to invite all ActiveRain members with an interest in the Oklahoma City Metro Real Estate market to check out my new blog with daily commentary and links to relevant stories and data regarding our market.
ModernLandRun is bent towards an optimistic view of market conditions and opportunities OKC, and
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real estate news: Will "Fence-Sitting" Dominate the 2008 Housing Market? - 05/03/08 09:54 AM
Is it smart to be a "fence-sitter" in 2008 if you are confused about whether you should buy a home - or to rent a house instead? This Realtor thinks that it's actually a pretty simple choice...The issue facing so many American now, is if they'll get 'burned' financially buying now
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real estate news: Little Change in Mortgage Rates - 05/02/08 07:34 PM
Long-term mortgage rates saw little change over the past week, according to Freddie Mac. Interest on 30-year fixed loans came in at 6.06 percent, compared with 6.03 percent for the previous week. Other rates registered some movement, but not much, with the 15-year fixed mortgage averaging 5.59 percent, down slightly from
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real estate news: Pinal County resale home market on upswing - 05/02/08 07:07 PM
The resale home market in Pinal County is turning around. The area southeast of Phoenix recorded 1,680 sales in the first quarter of this year, according to Arizona State University Realty Studies. That's up from 1,145 sales in the fourth quarter of 2007 and only 625 in the third quarter. Measured
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real estate news: Foreclosures Up 23 Percent – How Many More to Come ? - 05/02/08 06:41 PM
The 2008 first quarter results are in and they do not look good. Foreclosures are up 23 percent from the first quarter in 2007. This marks record foreclosures across the nation. Now one in every 195 house holds is in some sate of foreclosure. We are only four months into the
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real estate news: Pennsauken Real Estate Market Update YTD 3/2008 - 04/30/08 01:18 PM
Here’s the Pennsauken Real Estate market update for March 2008. Pended units for the March were down 16 and Sold units were down 30 compared 2007; listed units were down 32 versus 2007. This has led to a current inventory of 266 units. Pennsauken has been averaging 33 units sold
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real estate news: Haddon Heights Real Estate Market Update YTD 3/2008 - 04/30/08 01:01 PM
Here’s the Haddon Heights Real Estate market update for March 2008. Pended units for the March were even and Sold units were up 4; listed units were down 4 versus 2007. This has led to a current inventory of 71 units. Haddon Heights has been averaging 6 units sold per
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real estate news: Cherry Hill Real Estate Market Update YTD 3/2008 - 04/29/08 04:49 PM
Here’s the Cherry Hill Real Estate market update for March 2008. Pended units for the March were down 7 and Sold units were down 22 compared 2007; listed units were down 77 versus 2007. This has led to a current inventory of 556 units. Cherry Hill has been averaging 70
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real estate news: Tucker Hill partners with The Samaritan Inn, Collin County's only homeless shelter - 04/29/08 10:54 AM
What a great move in an environment where selfishness seems to be dominant. Looking beyond the obstacles of the current market, Tucker Hill reaches out to the community by offering truffles made by the homeless shelter to prospective homebuyers. Not just a good marketing ploy, the underlying message of what their community
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real estate news: Real Estate News Stories - Tell Me Something I Don't Know! - 04/29/08 09:38 AM
Real Estate News Stories. Every day real estate news stories on the evening news, Internet, newspapers.... bombard us with headlines such as..."Vacant Homes Increase" "Foreclosures Rise" "Home Sales Slump...etc." The headlines that hit the wires are the stories that real estate agents have known for months! 9 out of 10 homes
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real estate news: How Much Is My House Worth - Sell My House Fast - 04/28/08 08:20 PM
Given the recent decline in the real estate market many home owners are wondering how their homes value is holding up and how it has been affected. Now days there are great ways to tell your homes value but you have to know which ones you can trust, which ones are
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real estate news: Camden County Real Estate Market Update YTD 3/2008 - 04/28/08 07:47 PM
Here is your March Camden County Real Estate market update. For March, listed units were down 315 units compared to 3/2007, or a 28.3% decrease. Pended units for March were down 134, or a 31.3% decrease. Sold units were down 249, or a 72.4% decrease. This has led to a
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real estate news: Westampton New Jersey Real Estate Market Update YTD 3/2008 - 04/28/08 05:45 PM
Here’s the Westampton Real Estate market update for March 2008. Pended units for the March were down 9 and Sold units were down 9 compared 2007; listed units were down 9 versus 2007. This has led to a current inventory of 92 units. Westampton has been averaging 10 units sold
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real estate news: Palmyra Real Estate Market Update YTD 3/2008 - 04/28/08 04:30 PM
Here’s the Palmyra Real Estate market update for March 2008. Pended units for March were down 13 and Sold units were down 7 compared 2007; listed units were down 1 versus 2007. This has led to a current inventory of 61 units. Palmyra has been averaging 9 units sold per
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real estate news: Mount Laurel Real Estate Market Update YTD 3/2008 - 04/28/08 04:21 PM
Here’s the Mount Laurel Real Estate market update for March 2008. Pended units for the March were down 29 and Sold units were down 29 compared 2007; listed units were down 44 versus 2007. This has led to a current inventory of 433 units. Mount Laurel has been averaging 58
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real estate news: Moorestown Real Estate Market Update YTD 3/2008 - 04/28/08 04:08 PM
Here’s the Moorestown Real Estate market update for March 2008. Pended units for the March were down 1 and Sold units were down 18 compared 2007; listed units were down 6 versus 2007. This has led to a current inventory of 202 units. Moorestown has been averaging 15 units sold
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real estate news: Crossville Real Estate News - 04/26/08 02:11 PM
SELLERS: Despite what you might here from the media to your next door neighbor...Real Estate in our area is selling! From luxury to starter homes, lots and large land tracks, Buyers, investors, relocates and retirees are purchasing property right here in our area every week. Tennessee is one of the top
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real estate news: New Rules for Borrowers With Foreclosures - 04/25/08 02:36 PM
At the end of the month, Fannie Mae will adopt higher minimum down payments and credit scores for borrowers with a past foreclosure. The government-sponsored enterprise already has boosted the time period for these borrowers to re-establish their credit to five years from four years. While exceptions could be made for
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real estate news: Ambulance Chasers Attack Realtors - 04/24/08 10:46 PM
I got this email today regarding an underhanded maneuver by the Colorado Trail Lawyers Association (aka Ambulance Chasers): Before you read about it in the paper, we wanted you to be aware of a new ballot initiative filed that would limit commissions for real estate brokers. It’s a sliding scale but
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real estate news: Vlog It for $29... Another Tool For The Blogging Toolbox? - 04/24/08 01:49 PM
I was reading my daily email version of Realtor- The Daily Real Estate News and came across another tool to help enhance Real Estate Blogs. The Adobe Store has available a product called Vlog It which creates video blogs, according to the advertising it's faster and easier than traditional video editing software. In fact
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real estate news: Eric Grainger of Riverview Builders named to Civista Health Foundation Board - 04/24/08 12:20 PM
January 1, 2008 - Eric Grainger of Riverview Builders is named to the Civista Health Foundation Board. He is excited about his participation with the hospital and hopes in some small way he can contribute to the hospital's future success. For more information go to www.riverviewbuilders.org.
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real estate news: Riverview Builders announces Karen Gugliotta of Exit Landmark to head up sales in Cliffon on the Potomac subdivision - 04/24/08 12:07 PM
Riverview Builders - announces that Karen Gugliotta of Exit Landmark Realty of White Plains, MD is now in charge of sales in the Cliffton on the Potomac subdivision. Karen is sitting our model on Saturdays and Sundays from 11 am to 5 pm or any other time by appointment. Come by
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real estate news: Riverview Builders attends the United Way Charity Golf Tournament - 04/24/08 11:57 AM
April 16, 2008 - Riverview Builders attends the United Way Golf Tournament at Swan Point Yacht & Country Club. The United Way once again had two successful tournaments in one day. Eric Grainger of Riverview Builders played a small role in helping install tee signs for both tournaments in the morning
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real estate news: Riverview Builders meets Coldwell Banker - 04/24/08 11:18 AM
February 5, 2008 - Riverview Builders caters Coldwell Banker Sales Meeting. Jay Lilly the Manager of the Coldwell Banker and their agents were gracious hosts and we had a fun and informative meeting with the agents of his office. Jay was currently running for King Rex in the Civista Health Foundation's
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real estate news: Salt Lake Area home Sales down - 04/24/08 01:12 AM
According to the Salt Lake Tribune today sales of existing homes along the Wasatch front are down 42% from last year first quarter. 1822 units sold during the first quarter not including condo's. Home prices in Salt Lake County and Davis county remained basically unchanged at $242,000 and $200,000 respectively. Tooele County saw
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real estate news: Maple Shade Real Estate Market Update YTD 3/2008 - 04/23/08 04:32 PM
Here's the Maple Shade Real Estate market update for March 2008. Pended units for the March were down 8 and Sold units were down 5 compared 2007; listed units were down 12 compared with 2007. This has led to a current inventory of 93 units. Maple Shade has been averaging 13
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real estate news: Lumberton New Jersey Real Estate Market Update YTD 3/2008 - 04/23/08 03:28 PM
Here's the Lumberton Real Estate market update for March 2008. Pended units for the March were down 6 and Sold units were down 10 compared 2007; listed units were down 14 versus 2007. This has led to a current inventory of 109 units. Lumberton has been averaging 11 units sold per
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real estate news: Marlton Real Estate Market Update YTD 3/2008 - 04/23/08 03:01 PM
Here's the Marlton Real Estate market update for March 2008. Pended units for the March were down 14 and Sold units were down 18 compared 2007; listed units were down by 9 units versus 2007. This has led to a current inventory of 462 units. Marlton has been averaging 49 units
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real estate news: Delran Real Estate Market Update YTD 3/2008 - 04/23/08 02:42 PM
Here's the Delran Real Estate market update for March 2008. Pended units for the March were up 3 and Sold units were down 11 compared 2007; listed units were also down by 3 units versus 2007. This has led to a current inventory of 119 units. Delran has been averaging 11
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real estate news: Cinnaminson Real Estate Market Update YTD 3/2008 - 04/23/08 02:22 PM
Here's your Cinnaminson Real Estate market update for March 2008. Pended units for March were down 4 and Sold units were down 3 compared 2007; listed units were down by 5 units versus 2007. This has led to a current inventory of 98 units. Cinnaminson has been averaging 10 units sold
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real estate news: Burlington County Real Estate Market Update YTD 3/2008 - 04/23/08 01:22 PM
Here is your March Burlington County Real Estate market update. For March, listed units were down 204 unit compared to 2/2007, or a 19.3% decrease. Pended units for March were down 126, or a 29.4% decrease. Sold units were down 175 compared March 2007, a 55.7% decrease. This has led to
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real estate news: You can now ZIP IT ! - 04/22/08 11:37 AM
ZIPVO Announces User Driven Social News for Real EstateWESTFORD, April 21, 2008 - ZIPVO released today ZIPVO News, their latest product to helpreal estate agents, professionals and consumers stay ahead of the curve and informed ofthe latest and greatest in real estate.With ZIPVO News, all content is user-submitted. Other users can "ZIP
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real estate news: Mortgage News - 04/21/08 11:27 AM
In line with analysts' expectations, consumer prices pushed 0.3% higher in March after being unchanged in February, the Commerce Department reported April 16. Core consumer inflation, which excludes food and energy costs, rose 0.2% in March. Over the past 12 months, consumer inflation is up 4%, reflecting relentless gains in energy
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real estate news: Real Estate News: Make It Local - 04/19/08 06:03 PM
My clients read and watch the real estate news closely, but they don't always correctly understand what it means to them. I try to explain what I hear and read regularly in my blog so that it makes sense in the context of the Flagstaff home market. Listening to the national
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real estate news: Poll: Most Say It's Good Buyer's Market - 04/18/08 04:33 PM
Now is a good time to buy, say 59 percent of those surveyed in an Associated Press-AOL Money & Finance poll. But long-term confidence in the housing market doesn't keep some home owners from having concerns about the current situation. 67 percent think it is harder for first-time home buyers than
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real estate news: Why Selling Now Makes Sense - 04/18/08 04:24 PM
Home owners who are reluctant to sell because prices have fallen, should do the math, and realize that the market downturn could work in their favor, say practitioners in hard-hit, but still pricey Boston.Their reasoning may work in many other parts of the country as well."People are finding houses at prices
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real estate news: NAR Strategic Alliance with AgentCasts Brings Real Estate Video to REALTORS® - 04/18/08 09:48 AM
We're really excited to announce that AgentCasts is now officially a NAR REALTOR Benefits® Partner, making our real estate video services available directly to NAR members at a discount through their program. This is something we're very proud to report, and we're completely thrilled about what the future holds. Here's the
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real estate news: For the MOST up to date Real Estate NEWS please check out this site... - 04/17/08 11:55 PM
Even though its called http://www.sandiegorealtyupdate.com/ Over half of the information is NATIONAL NEWS And of course if anyone is in SEARCH of some COMPETITIVE rates for home buyers check this out Mortgage INFO in San DIego! http://vid.realtytimes.com/Agents/RoyMason2.wmv
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real estate news: For the MOST up to date Real Estate NEWS please check out this site... - 04/17/08 11:55 PM
Even though its called http://www.sandiegorealtyupdate.com/ Over half of the information is NATIONAL NEWS And of course if anyone is in SEARCH of some COMPETITIVE rates for home buyers check this out Mortgage INFO in San DIego! http://vid.realtytimes.com/Agents/RoyMason2.wmv
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real estate news: Hundreds of Renters Being Evicted by Banks - But Investors Are Still Making A Profit - 04/17/08 10:38 AM
Now that the foreclosure epidemic is in full swing, it is not just home owners who are getting slapped in the face. Hundreds of tenants renting homes across the nation are being evicted and forced to move with little or short notice from the banks.The renters have no idea the homes
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real estate news: THE SKY is FALLING, Foreclosure myths.... - 04/17/08 09:05 AM
Is anyone else tired of the negative media?In yesterday's Business Section under the headline: "Foreclosure Filings, Bank Repossessions surge"(In the Asbury Park Press, from the Bloomberg News service)The Article starts off with; "US Foreclosure Filings Jumped 57% and Bank Repossessions more than doubled in March from a year earlier as adjustable
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real estate news: Jury Says Realtor Not to Blame for Purchase Price - 04/16/08 07:15 PM
Interesting story for y'all! Friday, April 11, 2008 | A jury sided Thursday with Carlsbad real estate broker Mike Little in a closely watched lawsuit that pitted a local couple against the agent that helped them buy a home. The couple, Vern and Marty Ummel, claimed that Little neglected to mention recent
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real estate news: The Lubert-Adler Connection – Where does Bobby Ginn's Development Money Come from? - 04/16/08 06:30 AM
I just finished covering the Ginn Championship at Hammock Beach. The tournament is part of the PGA Champions Tour. This was the second year Bobby Ginn's Ocean Course at Hammock Beach hosted the event. As a response to the downturn in the real estate market, Ginn made some changes from last
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real estate news: Mortgage News - 04/11/08 02:00 PM
AN INSIDER'S VIEW FROM THE CAPITAL MARKETS COOPERATIVE TRADING DESK:"Is the worst of the credit crisis behind us? Was Bear Stearns' capitulation the last straw? It sure feels like it. The Fed has shown its willingness to prevent disaster. Voices from Merrill Lynch to S&P say that the worst losses have
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real estate news: 8 States With The Lowest Foreclosure Rate & Idaho Is One Of Them - 04/09/08 03:26 PM
The fourth quarter 2007 National Delinquency Survey results were released earlier this month and Idaho is ranked in the top 10 states with the lowest foreclosure rates in the nation. The National Delinquency Survey covers approximately 85 percent of more than 50 million loans in the United States housing.The results show
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real estate news: Fannie Mae Raises Credit Standards - 04/04/08 06:12 PM
Fannie Mae has tightened standards for the home mortgages it guarantees or buys.The government-sponsored provider of home loan funding told lenders Monday it will require a minimum credit score of 580 for most loans it buys on an individual basis. Credit scores range from 300 to 850. In the past, Fannie
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real estate news: The right place at the right time, Texas!!! - 04/03/08 09:51 PM
From 1998 - 2006, My family and I called South Florida, home. There have been very few times in my life I've felt I was in the right place at the right time. Miami for us was the epitome of timing. Year after year, from 2002 - 2006 we experienced appreciation on our investment
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real estate news: Rates dip down, and things look pretty good in the very near future. - 04/03/08 08:10 PM
Rates dip down, and things look pretty good in the very near future. Over the last few weeks, we have seen mortgage rates slip even lower. Applications are up, and interest in homes seems to be increasing at a steady pace. Things are busy in our office again as people take advantage
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real estate news: Slow negotiation on REO? - 04/02/08 06:15 PM
I was impressed today by a bank owned property priced at $399,000. Not too bad. I think as soon as incomes and home prices get in line nationwide, the prices will stabilize and inventory will go down. Realtor association is thinking this fall. Newsmedia seems to think end of year. Might
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real estate news: April Real Estate Newsletter - 04/02/08 04:53 PM
April 2008 Newsletter FIRST THE GOOD NEWS! ORANGE COUNTY HOME SUPPLY AT 11 MONTH LOW... As of the end of March, the most recent numbers available, the county was left with 7.5 months worth of inventory. The term "market time," defines the inventory line by how long it would take to
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real estate news: April Real Estate Newsletter - 04/02/08 04:53 PM
April 2008 Newsletter FIRST THE GOOD NEWS! ORANGE COUNTY HOME SUPPLY AT 11 MONTH LOW... As of the end of March, the most recent numbers available, the county was left with 7.5 months worth of inventory. The term "market time," defines the inventory line by how long it would take to
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real estate news: 100 Top Foreclosure Zip Codes and Cities - 04/02/08 10:35 AM
Las Vegas, Nevada tops the list of the highest foreclosure rate in the nation with eight out of the top 10 zip codes coming from the gambling capital of the world. The worst zip code in the nation had 741 total foreclosure filings in December of 2007 and was in North
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real estate news: Real Estate Radio USA Episode 88 - 04/01/08 01:49 AM
March 28, 2008 On today's episode we touched brefly on the Presidential candidates' positions reagrding the housing crisis. We were also joined by the co-founder of CREOnline.com, Terry Vaughn and Mary McKnight from RSSPieces.com. All this on today's Real Estate Radio USA. I Real Estate Radio USA Episode 88 [116:44m]: Play Now |
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real estate news: How Much are Realtors Worth? - 04/01/08 01:45 AM
March 31, 2008 Many people don't want to pay the traditional 6% commission (3% to listing broker and 3% to selling broker) and since all real estate commissions are negotiable they turn to discount brokerages in order to save a quick buck regardless of the service quality or competence of the agent they hire. But
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real estate news: Redesigned Website Announcement: Real Estate Professional Patty Aguilar Launches New Site - 03/30/08 12:56 PM
San Jose, California - March, 31 2008 - OnDemand Virtual Services (www.mjondemand.com) is pleased to present the newly redesigned website for top Silicon Valley Real Estate professional, Patty Aguilar. OnDemand Virtual Services has worked closely with Patty Aguilar to design and develop: http://www.pattyaguilar.com/Press Release continued here: http://pattyaguilar.featuredblog.com/?p=11
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real estate news: Realtors are here to SAVE YOU MONEY! - 03/29/08 08:28 AM
Realtors are here to save you money! Sounds so funny when we Realtors here the poor buyers or sellers say "I saved money by not having a Realtor". Most of us feel bad that the buyers or sellers fell for this line. The average commission is 6 to 7% on a
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real estate news: Real Estate Radio USA Episode 88 - 03/28/08 07:45 PM
March 28, 2008 On today's episode we touched brefly on the Presidential candidates' positions reagrding the housing crisis. We were also joined by the co-founder of CREOnline.com, Terry Vaughn and Mary McKnight from RSSPieces.com. All this on today's Real Estate Radio USA. Real Estate Radio USA Episode 88 [116:44m]: Play Now |
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real estate news: 21st Annual Palm Springs Home Expo - 03/28/08 09:40 AM
The 21st annual Palm Springs home expo is coming to Palm Springs next weekend! April 4th-6th at the Palm Springs Convention Center. Admission and parking are FREE all three days. Find everything for your home, health and well-being all in one location! You can't afford to miss it! For more info: http://local.mydesert.com/splash/homeexpo/
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real estate news: Real Estate Radio USA Episode 87 - 03/28/08 09:24 AM
March 27, 2008 On today's episode we discussed the latest in real estate news including the NAR spin machine and a new Redfin report. Also we had interviews with two well know real estate blogosphere owners, Todd Carpenter from Blog Fiesta, and Jeff Corbett from TheXBroker. This makes another Blogging Thursday on
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real estate news: The US vacant housing rate continues to climb - 03/28/08 08:25 AM
The US vacant housing rate continues to climb. The problem got worse when developers and builders decided to make some quick cash and over stock the market with homes, and condos. Now the real estate market is over saturated with houses which is driving prices down. If you are thinking of
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real estate news: Federal government help for Bear Stearns and other Wall Street firms increases the chance that assistance for those facing foreclosure will be approved. - 03/27/08 10:14 AM
This is a very interesting article about the way the mortgage market and economy are shaping up and what the government is doing to help.By Chris Isidore, CNNMoney.com senior writer Last Updated: March 27, 2008: 6:57 AM EDTNEW YORK (CNNMoney.com) -- The federal government is keeping Bear Stearns out of bankruptcy.
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real estate news: The New Mortgage Plan – Who Qualifies? - 03/27/08 09:44 AM
The rate of foreclosures is at an all-time high and the real estate market is suffering as a result. As the market drops and a recession looms, mortgages and foreclosures are on the lips of anyone talking about the financial future of the county. President Bush and Treasury Secretary Henry Paulson
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real estate news: Real Estate Radio USA Episode 86 - 03/26/08 10:26 PM
March 26, 2008 On this episode we focused for the most part on a single topic. The topic came from Barry C's latest blog post, "The NAR is a Sex Offender's Best Friend". We discussed the post at length and had experts on the show including Robert Lechtenberg, an expert witness in
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real estate news: What does the Media Know About Real Estate? - 03/26/08 10:48 AM
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real estate news: What does the Media Know About Real Estate? Donny and Meredith Samson - 03/26/08 10:38 AM
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real estate news: The NAR Is A Sex Offender's Best Friend - 03/26/08 10:33 AM
March 26, 2008 "Hello Mr. Agent, I like this house. I could see my family living here. Just one question, are there any sex offenders nearby"? A simple question that based on information from the National Association of Realtors does not have to be answered by the agent. The answer the NAR wants
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real estate news: Real Estate Radio USA Episode 85 - 03/25/08 06:26 PM
March 25, 2008 On this episode, the inaugural post from Barry C on Bloodhound Blog titled "Would You Hire Yourself?", a fire sale in Southwest Florida including the broker's genius marketing plan, and Tom Ferry from YourCoach.com. This and more on today's Real Estate Radio USA. We started the show today with Barry
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real estate news: Unexpected RISE in US home sales by 2.9% - 03/24/08 01:43 PM
March 24th 2008 -U.S. existing home sales rise unexpectedly Existing home sales unexpectedly rose by 2.9% in February, sending the annualized level to 5.03 million units. Expectations had been for the level of sales activity to moderate slightly by 0.6% to 4.86 million units from 4.89 million units in January. The
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real estate news: Crossville Real Estate News. - 03/24/08 11:34 AM
Cumberland County is one of the few areas that has held a strong market despite the problems in other areas, however the slow markets in other states have affected us due to those who want to move here being unable to sell homes where they are now. Much of the
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real estate news: Irreplaceable You? - 03/22/08 02:56 PM
March 21, 2008 The graveyards are full of indispensable men. -Charles De Gaulle I began a job in August of 1980 as a design draftsman for a company known as Graham Mfg. It was one of the nicest places I have ever worked. Things were going well for me as there was plenty
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real estate news: Rate Update - 03/22/08 12:50 PM
Mortgage rates closed the week well below 6% for the first time in a few months. It was a bumpy ride with most lenders seeing rates change 4 times a day and it was a roller coaster ride of ups and downs. The mortgage market is in the most confused state
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real estate news: Never be lied to ever again! - 03/22/08 10:57 AM
Never be lied to ever again! It is always upsetting when you hear headlines that speak about mortgage brokers, or real estate professionals that 'LIED' to their clients. I hate it for two reasons. One it is always unsettling to hear negative things said about your profession. Two, it is more
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real estate news: Mid-Century Post War Pasadena home tour - 03/20/08 10:19 AM
This is a great tour that is sponsored by Atomic Ranch magazine. There is a lecture and a personally guided tour of some great homes of the post war era. Pasadena Heritage presentsPostwar PasadenaLecture: Wednesday, March 26, 2008 - 7 PMOn Wednesday, March 26, Professor Kenneth A. Breisch will present a lecture on the
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real estate news: Latest News on Mortgage Rates in Orange County - 03/19/08 07:39 PM
O.C. mortgage rates said to remain elevated after Fed cut March 18th, 2008 · 3 Comments · posted by Matt Padilla, Register Reporter and Blogger The Federal Reserve can keep trying to help, but investors remain wary of mortgage-backed securities, some experts say. The Fed today cut the federal funds rate
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real estate news: Lehman Bounces Back - 03/19/08 07:37 PM
Some good news for Lehman Lehman bounces back March 18th, 2008 · posted by Matt Padilla, Register Reporter and Blogger Lehman Brothers, the Wall Street investment bank that shut down Irvine-based BNC Mortgage last year, today reported a 57% drop in first-quarter earnings, but it managed to beat analyst expectations and
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real estate news: Feds cut interest rates AGAIN, stocks soar - 03/18/08 05:27 PM
This article was printed today by the Associated Press. By MARTIN CRUTSINGER, AP Economics Writer WASHINGTON - The Federal Reserve slashed a key interest rate by three-quarters of a point Tuesday, capping its most aggressive two months of action in a quarter-century in a battle to halt a spreading credit crisis. Wall Street
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