real estate news: Maple Shade Real Estate Market Update YTD May 2008 - 06/21/08 07:32 AM
Here’s the Maple Shade Real Estate market update for May 2008. Pended units for May were down 6 and Sold units were down 8 compared to May 2007; listed units were down 11 compared with 2007. This has led to a current inventory of 100 units. Maple Shade has been … (0 comments)
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real estate news: Lumberton New Jersey Real Estate Market Update YTD May 2008 - 06/21/08 07:25 AM
Here’s the Lumberton Real Estate market update for May 2008. Pended units for May were up 3 and Sold units were down 3 compared to May 2007; listed units were down 14 versus 2007. This has led to a current inventory of 121 units. Lumberton has been averaging 10 units sold … (0 comments)
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real estate news: Marlton Real Estate Market Update YTD May 2008 - 06/21/08 07:15 AM
Here’s the Marlton Real Estate market update for May 2008. Pended units for May were down 17 and Sold units were down 15 compared to May 2007; listed units were down by 24 units versus 2007. This has led to a current inventory of 460 units. Marlton has been averaging … (0 comments)
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real estate news: Delran Real Estate Market Update YTD May 2008 - 06/21/08 07:08 AM
Here’s the Delran Real Estate market update for May 2008. Pended units for May were down 6 and Sold units were up 9 compared to May 2007; listed units were up by 6 units versus 2007. This has led to a current inventory of 125 units. Delran has been averaging … (0 comments)
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real estate news: Cinnaminson Real Estate Market Update YTD May 2008 - 06/21/08 07:00 AM
Here’s your Cinnaminson Real Estate market update for May 2008. Pended units for May were down 2 and Sold units were down 9 compared 2007; listed units were down by 8 units versus 2007. This has led to a current inventory of 98 units. Cinnaminson has been averaging 9 units … (0 comments)
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real estate news: Burlington County Real Estate Market Update YTD May 2008 - 06/21/08 06:49 AM
Here’s your May Burlington County Real Estate market update. For May, listed units were down 247 units compared to May 2007, or a 24.3% decrease. Pended units for May were down 106, or a 24.5% decrease. Sold units were down 68 compared to May 2007, a 15.9% decrease. This has … (0 comments)
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real estate news: Gilbert Market Condtions - 06/20/08 08:50 PM
Gilbert has seen a slow down in the housing market and sales prices decline over the last several months. There has been stiff competition from builders which is hurting the resale market. Builders are offering large incentives which is putting price pressure on the resale market in addition to the increasing … (0 comments)
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real estate news: Chandler Market Condtions - 06/20/08 08:49 PM
Chandler has continued to see a downward trend in home prices since the latter half of 2006. 2007 finished the year off with a depreciation rate of about 12% and the first decline in homes in over 15 years. May Residential HighlightsClosed sales are continuing to increase and May saw 340, … (0 comments)
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real estate news: Governor announces local toll-free help line - 06/20/08 08:35 PM
STATE OF ARIZONA
EXECUTIVE OFFICE
JANET NAPOLITANO
GOVERNOR
WWW.AZGOVERNOR.GOV
NEWS RELEASE
FOR MORE INFORMATION
CONTACT:
PRESS OFFICE
(602) 542-1342
FOR IMMEDIATE RELEASE
Thursday, May 29, 2008
"MORTGAGE TROUBLE? DON'T DELAY. CALL TODAY."
Governor announces local toll-free help line
PHOENIX - Governor Janet Napolitano announced today the latest effort … (0 comments)
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real estate news: Property-flipping rule suspended - 06/20/08 08:31 PM
The White House temporarily suspends a rule that imposes a 90-day waiting period before foreclosed homes can be sold to receive government loans.WASHINGTON (AP) -- The Bush administration is temporarily suspending a 5-year-old rule intended to deter property flippers, as part of an effort to help speed the sale of foreclosed … (0 comments)
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real estate news: FHA Waives 90-Day Waiting Period - 06/20/08 07:22 PM
The Federal Housing Administration is lifting the mandatory 90-day waiting period it instituted in 2003 that delays the sale of REO properties.The waiting period, which never applied to properties sold by Fannie Mae, Freddie Mac, or state- and federally chartered financial institutions, was imposed to make flipping more difficult. But as … (0 comments)
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real estate news: Home Builder's Giving Away Homes, Literally - 06/19/08 08:55 AM
When my best friend moved away to San Diego five years ago, I thought she was crazy. There's no subway system, the cost of living is ridiculous, and on top of that, she's deathly afraid of stepping into the ocean. When I finally went to visit her, I could understand why … (3 comments)
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real estate news: Denver Real Estate Stats - May ‘08 - 06/18/08 09:13 PM
The Denver real estate market is like the old saw about a riddle wrapped in a conundrum wrapped in an enigma. I wish my crystal ball was working better, but I’ll have to rely on instinct, experience and my best guess.
Here are some statistics taken from the Denver MLS for … (6 comments)
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real estate news: Mortgage Update - 06/17/08 03:50 PM
Market Update:
Manufacturing in New York region dropped 8.7% in June, more than the market-estimated 2% monthly drop. The US Dollar fell against the Euro and Yen. Oil touched a new record of $139.89 a barrel today as investors moved into commodity investments to protect against Dollar depreciation. The national average … (0 comments)
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real estate news: San Bruno Real Estate Is Booming! - 06/16/08 02:18 PM
Pending sales are up and prices are down! Come one, come all! Real estate is picking up steam here in "The City with a Heart"! There are currently 94 single family homes on the market and 53 PENDING! We haven't seen movement in the market like that since 2005! That's great news for … (3 comments)
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real estate news: Washington Report: Downpayment Gift - 06/16/08 09:43 AM
From Realty Times - It's an issue that's been festering for years, and last week it blew up again: The Bush administration relaunched its campaign to ban “downpayment gift” programs where home sellers make contributions to nonprofit groups that then funnel most of the money to purchasers.
At a National Press … (1 comments)
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real estate news: Rockwall's Best Kept Secret! - 06/16/08 08:33 AM
MLS® $79,900 - Value in Rockwall County!
High Point Ranch, Royse City - Rockwall County's best kept secret !!!High Point Ranch is a Custom Home Community with minimum 2 acre home sites. HPR the best upscale country living available in the 6th fastest growing county in the country! HPR features natural … (0 comments)
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real estate news: More Good News in a Crumby Market - 06/12/08 10:32 AM
Home sales up despite predictions
Visit www.piffinancial.com/mortgagenews.php for more information.
… (2 comments)
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real estate news: NAR Reports Home Sales Up, But Prices Expected to Fall - 06/12/08 09:04 AM
After unprecedented home-price declines in the first half of the year, many markets can anticipate stabilizing price trends in the second half, according to report released by the National Association of Realtors (NAR) on Monday. The number of homes under contract to be sold rose unexpectedly in April, as … (6 comments)
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real estate news: $1.7 Billion Tax Payer Money to Bail Out Foreclosure Crisis - Do You Agree? - 06/09/08 03:20 PM
Currently, there is a bill in Congress that could change the financial futures of 500,000 homeowners. For these individuals who are facing foreclosure, the bill could have significant influence. Since the bill has already passed in the House, chances are good that the bill could go into effect, helping the financial … (1 comments)
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real estate news: Buyers Beware - Market Turnaround Ahead - 06/08/08 08:39 PM
Multiple offers? New listings gone in under a week? Is this the Denver real estate market?
Yes! In our medium price ranges, $250,000 to $800,000, things are going fast. I’ve had several brokers in my office tell me that they’ve been in competitive bidding situations recently. More than one - sometimes … (6 comments)
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real estate news: Where McCain, Obama Stand on Housing - 06/06/08 08:10 PM
As the race for the presidency shapes up as a contest between Sen. John McCain, the presumptive Republican nominee, and Sen. Barack Obama, who will claim the Democratic nomination, here are their initial positions on housing and related economic issues.McCain:1. Proposes to spend up to $10 billion to allow some home … (0 comments)
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real estate news: Does Anyone in Real Estate Actually Read the Real Estate Business News? - 06/06/08 01:08 AM
In real estate circles this last week we have been digesting the latest sales numbers from the National Association of Realtors NAR. They always compare this years numbers to last years numbers and then project where they think sales will end up. The bigger stories are not news worth when these numbers … (31 comments)
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real estate news: June Real Estate Newsletter - 06/05/08 01:38 PM
June 2008 Newsletter
SALES REBOUND AS PRICES FALL... That was the headline of the Orange County Register on Tuesday, May 20th 2008. The accompanying photo was a very crowded entry to an open house. What's happening? The bottom of this market is approaching, that's what. This is exactly what was reported … (0 comments)
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real estate news: Bernanke Says Interest Rates Unlikely to Change Soon - 06/03/08 10:14 AM
Bernanke says rate decrease unlikely. Oil prices are a double edged sword he says. Worries about inflation have the Fed leary of dropping the key rate. What does that tell us about housing rates? Well, though the two are related, it doesn't mean much initially. Lenders have set their rates and … (0 comments)
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real estate news: R.E.S.P.A. Refresher - 06/02/08 05:00 PM
Refresh yourself on RESPA
Feel a bit rusty when it comes to the Real Estate Settlement Procedures Act (RESPA)? Congress passed RESPA in 1974 to protect consumers and ensure fair competition in the mortgage shopping process. It may be time for a refresher
course, especially since the U.S. Department of … (1 comments)
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real estate news: Interesting Real Estate Tid-Bits - 06/02/08 04:56 PM
While I mostly deal with commercial real estate, I like to know what is going on in the housing market as well. Today's news had two interesting articles that I enjoyed reading.
First, Reuters has an interesting article about the residential real estate market in Stockton, CA. Stockton is about an … (0 comments)
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real estate news: FOR REAL ESTATE NEWS, STICK WITH ME - 06/01/08 01:53 PM
FOR REAL ESTATE NEWS, STICK WITH ME… This is not a market for the inexperienced.
I am here to answer your questions regarding selling your home or buying another one or entering into real estate investments.
The fact that agents are seeing multiple offers out there, particularly on bank owned properties … (2 comments)
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real estate news: South Jersey Condo Real Estate: Association Fees and Questions - 05/31/08 02:52 PM
Are you considering purchasing a condo in Mount Laurel, Marlton, Cherry Hill or the surrounding towns? If so, I'm sure that both the taxes and the association fees factor into your buying decision. There are a few things the condo buyer should be aware of when it comes to those fees:
… (0 comments)
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real estate news: Buy Low and Sell High...For Today's Real Estate Market? - 05/31/08 10:43 AM
We all seem to forget that in a slow - or "off" real estate market - that home owners are just taking a "paper loss" on the valuation of their home or real estate they own...very similar to if your 401k or stock/mutual fund portfolio decreased because the stock market was going … (0 comments)
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real estate news: Plenty of Positive Market News Today - 05/30/08 10:08 AM
Hungry for a little good real estate news? Leon d'Ancona, president of IMS Inc., has something to cheer you up.D'Ancona, who provides real estate information to the industry, has set up a Web site that lists 2,319 markets in the United States where homes are selling well. For instance, Loganville, Ga., … (1 comments)
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real estate news: Sales are up in the Palm Springs area - 05/29/08 10:54 AM
An article in todays (May 29, 2008) discussing April Sales being up 25%, the highest increase since 2005.
Sales in our office were the best in over a year, last month. May is turning out to be strong as well. Check out the full article at:
http://www.mydesert.com/apps/pbcs.dll/article?AID=/20080529/BUSINESS04/805290350&referrer=FRONTPAGECAROUSEL
… (1 comments)
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real estate news: Important News regarding Fannie Mae loans! - 05/29/08 07:58 AM
At the beginning of June, Fannie Mae rolls out the latest version of its Desktop Underwriter software, commonly known as DU.
When the loan officer enters your financial information into the computer, there's a good chance that the machine is running DU. The current version is called DU 5.7, but over the … (1 comments)
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real estate news: Realtors Pay Home Buyers Closing Costs! - 05/27/08 11:10 AM
As the condition of the economy becomes more and more uncertain, it is critical that home buyers look to save as much money as they can in every aspect of their spending. One of the most significant investments consumers will ever make is the purchase of a home. With this is … (6 comments)
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real estate news: Homes in Lee County are cheap, but hurry before they are gone! - 05/25/08 06:59 AM
My post is in response to the May 24th 2008 Article in the News Press, Ft. Myers, FL. or view the story at http://www.news-press.com/apps/pbcs.dll/article?AID=2008805240470
In the Lee county area according to local statistics, sales have increased a sharp 41% over last years numbers. Since there are many good deals in Lee … (2 comments)
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real estate news: 30-Year Mortgage Rates Drop - 05/24/08 08:27 PM
After four weeks in an upward trajectory, Freddie Mac reports that long-term mortgage rates are falling again. The average interest on a 30-year fixed loan settled at 5.98 percent this week, down 0.03 percent from the prior week. Rates on 15-year fixed mortgages, meanwhile, slipped 0.5 percent for the week to … (0 comments)
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real estate news: Verandah, what a terrific value! - 05/24/08 11:27 AM
3241 Cypress Marsh Drive
What a terrific value! A turnkey furnished home in Verandah, the prestigious gated, golf course community developed by the Bonita Bay Group. You can relax, knowing that not only are you in one of the most beautiful communities in Southwest Florida, but you also have 2 … (2 comments)
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real estate news: The Latest in Local Real Estate News - 05/24/08 01:30 AM
I've asked people recently where they thought Washington ranked nationally in number of foreclosures. Based on what we hear in the news, most of us thought we'd be in the top ten. In fact, we are #47 of all states in delinquencies and #49 in foreclosures. Our market is so far … (0 comments)
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real estate news: Portland Market Update - 05/22/08 03:30 PM
Portland Market Update
RMLS - Neighborhood Statistics, Pending Sales on the Rise!
Comparing April 2008 to April 2007, market activity remains slow. On the other hand, month-to-month activity (March v. April) showed growth in some categories. One area of growth from March to April was pending sales, which grew 6.8% … (0 comments)
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real estate news: Pennsauken Real Estate Market Update YTD April 2008 - 05/20/08 10:29 PM
Here’s the Pennsauken Real Estate market update for April 2008. Pended units for the April were down 7 and Sold units were up 2 compared 2007; listed units were up 7 versus 2007. This has led to a current inventory of 282 units. Pennsauken has been averaging 31 units sold … (0 comments)
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real estate news: Haddon Heights Real Estate Market Update YTD April 2008 - 05/20/08 10:20 PM
Here’s the Haddon Heights Real Estate market update for April 2008. Pended units for the April were up 7 and Sold units were down 1; listed units were up 5 versus 2007. This has led to a current inventory of 77 units. Haddon Heights has been averaging 6 units sold … (0 comments)
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real estate news: Cherry Hill Real Estate Market Update YTD April 2008 - 05/20/08 10:07 PM
Here’s the Cherry Hill Real Estate market update for April 2008. Pended units for the April were down 18 and Sold units were down 22 compared 2007; listed units were down 13 versus 2007. This has led to a current inventory of 624 units. Cherry Hill has been averaging 63 … (0 comments)
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real estate news: Camden County Real Estate Market Update YTD April 2008 - 05/20/08 09:58 PM
Here is your April Camden County Real Estate market update. For April, listed units were down 38 units compared to 4/2007, or a 3.1% decrease. Pended units for April were down 97, or a 22.1% decrease. Sold units were down 115, or a 31% decrease. This has led to a … (2 comments)
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real estate news: Where is Cashiers, North Carolina?-WNC Real Estate News - 05/19/08 05:22 PM
Relocation information-Top 4 reasons to choose Jackson County, NC
Relocation Information for the North Carolina Great Smoky Mountains of Jackson County Of course Jackson County is a wonderful place to plan a getaway to the Great Smoky Mountains in North Carolina, but it also serves as a wonderful place to … (0 comments)
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real estate news: Charlotte NC named 2008 Top 100 Winner of Best Cities to live in! - 05/19/08 12:28 PM
Here is the link: http://top100.relocate-america.com/
As a Realtor I feel very fortunate to be living & working in the Charlotte market. For newcomers the Charlotte area proves to be a wonderful place to call home!
www.AdvantageNC.net
… (0 comments)
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real estate news: Senate Looking into Who to Blame for the Current Real Estate Crisis! - 05/18/08 01:16 PM
If your community has been largely affected by the foreclosure rates around your home, you might be wondering how this could have happened and who will be held responsible for our real estate market mess. After all, someone must have foreseen the mortgage issues headed towards many of these former hot … (1 comments)
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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 … (1 comments)
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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 … (3 comments)
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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 … (0 comments)
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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 … (2 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (3 comments)
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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 … (0 comments)
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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 … (2 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (1 comments)
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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 … (0 comments)
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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 … (5 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (3 comments)
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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 … (3 comments)
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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 … (0 comments)
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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 … (3 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (11 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (2 comments)
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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 … (0 comments)
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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 … (7 comments)
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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 … (30 comments)
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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. … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (4 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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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 … (0 comments)
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