Long Term Rates Down in Freddie Mac Weekly Survey Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.45 percent with an average 0.5 point for the week ending August 30, 2007, down from last week when it averaged 6.52. Last year at this time, the 30-year FRM averaged 6.44 percent. FULL STORY->
Ask Realty Times Can a broker sell my house without a listing? Is now the time to buy or wait? Is a seller responsible for missing insulation 15 years after the sale? Must Canadian lenders report mortgage information to credit bureaus? Peter G. Miller looks at the week's most interesting questions for Realty Times. FULL STORY->
Leading the Way with LEEDS Perhaps more than ever before, consumers are becoming ecologically concerned. Many people want homes that are environmentally sound, that conserve energy and use energy wisely, and in some cases that generate their own energy. FULL STORY->
Landlords Loving It, Renters Rueing It As homeowners flee or are forced from homeownership, the number of renters and the cost of rent are rising leaving housing consumers with little wiggle room. FULL STORY->
Utah Housing Market Not So Rosy Utahans bristle over a "rosy" housing headline on a story indicating the market is beginning to follow in the footsteps of neighboring states, California and Nevada. FULL STORY->
List Aims to Save National Landmarks For the 20th consecutive year, the National Trust for Historic Preservation has published its list of the country's 11 most endangered historic places. Lew Sichelman has the details. FULL STORY->
Market Conditions The historical city of Alexandria, Virginia, has seen a decline in home sales compared to last year at this time. FULL STORY->
Real Estate Related Laws Passed in the 2007 Legislative Session The 2007 Legislative session is over and it was a roller coaster. Approximately 3000 bills were introduced in the house and senate. Of that number, roughly 1000 bills passed. The IREM and BOMA legislative committee with help from lobbyist Bill Cross paid close attention to over 200 bills that directly affected our industry. We have listed the bills we think are relevant and will have an impact on day to day management of property. FULL STORY->
Market Conditions Myrtle Beach, South Carolina, is seeing a buyers market at this time. Despite a somewhat troubled year for housing in 2006 -- this year has seen a change come about. FULL STORY->
Consumer Resources: Conference Board and BILD Track Real Estate When shopping for a new property, neighbourhood or province, wise buyers investigate overall economic growth to ensure there is sustainability beyond today's economic rush. PJ Wade introduces resources for tracking sales and trends across the real estate sector. FULL STORY->
August Roundup Up or down? Depending on who you ask, mortgage rates were either up a bit as August drew to a close or they dropped a tad. This story and more in this month's article roundup. FULL STORY->
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Paul Stillwaggon, New Homes, New Construction, Land Specialist
Warren, NJ
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