Investor Report: College and University Towns If you're looking for a safe haven for real estate investing, you just might want to go back to school. That's the advice from investors who specialize in buying rental houses and condos in carefully-selected major college and university towns-especially those in areas that never experienced wild price inflation during the boom years. FULL STORY->
Mortgage Rates Fall to Lowest Level in Four Weeks 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 6.07 percent with an average 0.5 point for the week ending January 3, 2008, down from last week when it averaged 6.17 percent as well. Last year at this time, the 30-year FRM averaged 6.18 percent. FULL STORY->
President Bush's Plan a Preventative Pill The recently released Fed plan that addresses the mortgage market situation is a preventative pill in that it outlines specific guidelines that lenders should follow. President Bush's plan is more "corrective" in nature and provides a way for some of those in trouble with their mortgage to avoid foreclosure by refinancing their current mortgage into an FHA loan. FULL STORY->
Homeowners Plan Home Improvements in 2008 If you can't sell right at the moment, at least make your home more comfortable and livable. That's what Angie's List homeowners are opting to do until the market gets a little better. FULL STORY->
Washington Report: Financially Distressed Homeowners As Congress heads back to Capitol Hill following its holiday break, real estate legislation is at the top of its immediate to-do list. The most controversial pending bill involves -- you guessed it -- helping out financially-distressed homeowners heading for foreclosure. FULL STORY->
Core Housing Sales: Stable, Dead Cat Bounce, or Boom On The Rise? The perennial optimism of the National Association of Realtors is finally being rewarded with a little good news for sellers. Existing home sales rose slightly in November says NAR's latest monthly tally. Is it too soon to call a bottom? FULL STORY->
Market Conditions: Chicago, Illinois Realtor Evan Schoenberg reports to Realty Times that "while 2006-2007 was a transitional year for the national housing industry -- Chicago fared relatively well. There are a number of reasons to believe that the city's for-sale market will also remain healthy ... into 2008." FULL STORY->
The Cambridge Club: Exercising Opportunity Success arises from foresight, which enables individuals and organizations to seize opportunities, sometimes by merely recognizing that this is the right place and the right time. PJ Wade shares one example of the power of foresight to exercise opportunity. FULL STORY->
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