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WEICHERT REALTORS/ NEW JERSEY ESTATES

Paul Stillwaggon
908-561-5492

November 2007
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Daily News And Advice
Updated 01:00 AM CST Today 
Today's Feature Stories

Kitchen Trend Report Inspires Kitchen Lovers

It's kitchens and bathrooms that count-in more ways than one-but too often the full significance of their contribution is overlooked and, therefore, full investment potential may not be realized. PJ Wade shares trends from a new report to encourage property owners to keep their kitchens up-to-date. FULL STORY->


Interest Rates: The Looming X Factor

Interest rates are at their lowest levels since May. Columnist Peter G. Miller looks at the curiosity of low mortgage rates -- and why they may rise. FULL STORY->


Renters Without Insurance Risk Blowing Homeownership

Don't pinch pennies on renters insurance to quickly return to home ownership. It's important to protect yourself and your belongings no matter where you live. FULL STORY->


Headlines

Interest Rates: The Looming X Factor
Interest rates are at their lowest levels since May. Columnist Peter G. Miller looks at the curiosity of low mortgage rates -- and why they may rise. FULL STORY->

Media Still Not Responsible For Housing Woes
Implications the media is somehow to blame for the state of the housing market generates the mental image of a blind weasel doing the Shuffle. FULL STORY->

Tragedy Shows the Importance of Honest Communications in Brand Building, Consumer Confidence
From the industrial revolution to today's brick and mortar and online communities, where the focus is on efficiency, productivity, and results, effective communications are a challenge but also a necessity if a builder's brand is to remain relevant in the marketplace. FULL STORY->

A Bad Idea At The Wrong Time
These guys are nuts. HR 3915, called the Mortgage Reform and Anti-Predatory Lending Act of 2007 is set to completely wipe out all the bad people in the mortgage business. Thank goodness we have a Congress in the first place, right? FULL STORY->

Appraisal-Inflation Scheme Alleged by New York.
In a suit that has rocked the appraisal industry, New York attorney general Andrew Cuomo charged that First American Corp's appraisal management subsidiary violated federal and state rules by allowing a major mortgage client, Washington Mutual, to hand-pick appraisers willing to deliver inflated valuations. Ken Harney reports. FULL STORY->

Remodeling or Rebuilding: Protect Yourself From Allergy Eruptions
Allergies can hit any time, but especially when remodeling or rebuilding projects are underway there's a greater likelihood that the sniffles and sneezes might also come along. FULL STORY->

Mortgage Rates Near Six Month Low
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.26 percent with an average 0.4 point for the week ending November 1, 2007, down from last week when it averaged 6.33 percent. Last year at this time, the 30-year FRM averaged 6.31 percent. The 30-year FRM has not been this low since the week ending May 17, 2007, when it averaged 6.21 percent. FULL STORY->

Quake Alert: Secure Household Items
Even moderate quakes can turn household items into deadly missiles. Here's how to reduce the chance your stuff will turn against you in a quake. FULL STORY->

Safeguarding Your Mortgage Application Takes Commonsense
Resist the urge to going go on a buying spree. Your credit will thank you. FULL STORY->

Survey: Repair Roads, Don't Build New Ones
A survey shows that most Americans don't believe their communities are managing growth satisfactorily FULL STORY->

Renters Get A Breather
Renters may have a small window of opportunity to negotiate a better rental contract -- if the window is still open. FULL STORY->

Canadian Builders Go Green in a Big Way
While the Canadian home building industry has been at the forefront of energy efficient housing since the early 1980s, most of the innovation has been conducted by custom builders on small projects. Now some large-scale green projects have found their way to the drawing board. FULL STORY->

SoCal Wildfire Victims Get Tax Relief
Tax filing, payment and penalty relief is available from the Internal Revenue Service and California's tax collectors for eligible taxpayers in SoCal's wildfire areas. FULL STORY->

Recruiting Directors
From time to time, it is necessary or desirable to recruit new directors. It may due to a vacancy or an upcoming election. Often volunteers are reluctant to commit until they fully understand the scope of the job and time commitment. Here is a sample solicitation letter that outlines director duties. FULL STORY->

Bubbles Seen as Good for Economy
Hang in there, business columnist Daniel Gross tells the Urban Land Institute's annual fall meeting in Las Vegas. The recovery may not be in sight, he says, but it will come and the net result could be good for everyone. Lew Sichelman has the details. FULL STORY->

October Roundup

California Fire Victims Obtain Fast Housing, Disaster Assistance

Is The Federal Reserve Feeding Inflation?

Are "Boomerang Kids" a Symptom of Significant Urban Problems?

California's First Home Price Decline Since 1997

Democrats' New Mortgage Reform Bill Brimming with Consumer Protections.

NAHB Lobbying to Keep Feds Out of the State Building Code Process; Energy Efficiency Should be Market Driven

Fire Victims: Beware of People Seeking Opportunity-Crime

Worries Over Slower Economy Helped Mortgage Rates to Fall

The Psychological Effects of Disasters

Housing Woes Dampen Home Improvement Activity

APR Not Good Judge Of Mortgage Character

Correction in Commercial Real Estate is Forecast

New ID Theft Study Points to Strangers

The Hot Market vs. the Not Market


Larger Home, Condo Values Hit Hardest

New North Carolina Mortgage Law Chills Washington Lobbyists

Real Estate "Oases": Markets Thriving in Tough Times

Where to Advertise Your Home For Sale

Little Things Buyers Don't Ask For, But Should

Foreclosures Shrinking In Select Cities



CURRENT
MORTGAGE RATES

Interest Rate Watch
30 yr fixed: 6.33%
15 yr fixed: 5.99%
1 yr adj: 5.66%
(U.S. Daily Averages)


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Paul Stillwaggon
908-561-5492,
New Homes/ Land
& Pre-Owned Homes

E-mail: njestates@earthlink.net
Web: http://www.newjerseyestates.net/
908-561-5492 (Direct) 908-310-1358 (Cell)

Weichert Realtors
New Jersey Estates

908-561-5400
55 Stirling Road, Watchung, N.J. 07069


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Real Estate Agent: Paul Stillwaggon, New Homes, New Construction, Land Specialist (Weichert Realtors/ New Jersey Estates)
Paul Stillwaggon, New Homes, New Construction, Land Specialist
Warren, NJ
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Weichert Realtors/ New Jersey Estates

Office Phone: (908) 561-5492
Cell Phone: (908) 310-1358
Email Me
Linking the latest technology to old fashion service with a large Real Estate Web Site specializing in Luxury New Homes , Custom New Construction and Luxury Pre-Owned Homes in No/Central New Jersey. (http://www.NewJerseyEstates.Net)


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