DAILY NEWS & ADVICE FROM REALTY TIMES/ 03/19/2008

As the 2008 condo market continues to unfold, one thing is for sure, skittish would-be buyers will remain renters for the time being. That one fact, has multi-family developers seeing green, as in higher retention rates for their condo dwellers. FULL STORY->  

NEW JERSEY ESTATES

Paul Stillwaggon & Pat Cornish
908-561-5492

March 2008
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Daily News And Advice
Updated 01:00 AM CDT Today 
Today's Feature Stories

Is It Time For A Mortgage Product Recall?

If we can recall lead-covered toys and autos that are defective, why not toxic loans? Columnist Peter G. Miller looks at the case for mortgage product accountability. FULL STORY->


Condo Trends: Slow Housing Market Good for Rentals

As the 2008 condo market continues to unfold, one thing is for sure, skittish would-be buyers will remain renters for the time being. That one fact, has multi-family developers seeing green, as in higher retention rates for their condo dwellers. FULL STORY->


Realty Viewpoint: Paulson's Sweat Drenches News Over Sharp "Down-cline"

It was a less than impressive on-camera performance. On morning television yesterday, U.S. Treasury Secretary Henry Paulson looked nervous, stumbled over his words, and used strong terms to describe the economic slowdown. If he's panicked, how should the rest of us feel? FULL STORY->


Developing Supplemental Revenue Streams in a Down Real Estate Market

The real estate market is challenging throughout the United States. For the first time in nearly thirteen years, U.S. home prices experienced a quarterly decline. So, what are your options? FULL STORY->


Painting Your House

The professionals make it look easy because they've been at it for a while, but it's up to you to make sure your house painting goes off without a hitch. FULL STORY->


San Diego Real Estate Market in 2008 - Just When You Thought The Worst Was Over!

It seems that the consensus of opinion on the San Diego real estate market is a continued decline into spring or summer, at which point the market will stabilize and start to improve. FULL STORY->


Headlines

Counselors Say Lenders Foreclose Rather Than Modify Mortgages
A second survey of mortgage counselors finds more reporting lenders resorting to foreclosures rather than loan modifications or workouts. FULL STORY->

New Homes: Pools for All Seasons
Swimming pools have long been a way to make a backyard into a recreational oasis. But what are some of the latest trends in pool designs? FULL STORY->

Interest Rate Update
Today's Interest Rates from Realty Times are based on a 30 year amortization rate, with good credit and no origination fees. In a classic "flight to qualify," investors are selling stocks and putting money into bonds, causing mortgage rates to fall. FULL STORY->

Realty Viewpoint: USA Today Names Sexiest Economic Forecasters Alive
No one has taken more heat over his economic forecasts recently than Lawrence Yun of the National Association of Realtors. The NAR is perenially treated by the financial press as absurdly optimistic and not to be heeded. But this year's compilation of economic forecasts puts Yun at number five among the 10 best economic forecasters in the country. For Yun, it's like winning an academy award nomination, but not getting any work. FULL STORY->

Market Conditions: Coastal Georgia
Claudia Armbrister, our market expert for coastal Georgia, reports her area is strongly trending towards a buyers market. FULL STORY->

What's the Difference Between Single Family Attached and Detached?
askrtdaily FULL STORY->

Working with Buyers of Distressed Real Estate
Many novice real estate investors readily call a roofer when the roof is leaking or a contractor to renovate a bath or kitchen, but they often view real estate agents as superfluous overhead. They focus on the agent commissions they have to pay, while overlooking the value that an agent can add to their investment business. As a real estate agent, you can expand your business by proving yourself indispensable to investors who purchase distressed properties. FULL STORY->

Audit Red Flags: The Ones You Don't Want to Wave
People like to speculate about IRS "red flags." These are the things that are certain to cost you an IRS audit, or else definitely put you in their sights. FULL STORY->

How to Avoid Being a Victim of Fraud
More than one million Canadians have fallen victim to mass marketing fraud, according to a survey conducted for the Canadian Competition Bureau. Identity theft and real estate title fraud are also ongoing concerns. Here's how to protect yourself from fraud. FULL STORY->

Washington Report: VA Loans for Veterans Overlooked
On Capitol Hill, it's known as the biggest goof-up relating to housing in years: Working with the White House, Congress passed a bipartisan $150 billion stimulus bill that raised mortgage limits for home buyers in high cost areas across the country -- but totally forgot about a program that helps finance more than 11,000 homes a month. VA loans for veterans. FULL STORY->

Wild, Wild West: San Jose's Solar Home Sales Sizzle

Realty Viewpoint: It Doesn't Take That Much Green To Go Green

Market Conditions: Florida Panhandle

Home Warranty Versus Homeowner's Insurance?

Nontraditional Offerings Dominate Flooring and Railing Trends for 2008

Four Easy Steps to Handling Presentation Objections

Perspective on the Road Ahead

Investor Report: Economic Stimulus Provides Opportunity

Hot Market: Boulder Moves Forward

Realty Viewpoint: Federal Charter Banks Can't Have It Both Ways, Mr. Paulson

Market Conditions: Central Valley, California

How Far Back Do Lenders Check Credit History?

Long- and Short-Term Rates Rise This Week

Real Estate Marketing Strategies: Tips for Creating Success

The Evolution Of The Real Estate Consumer: Part II

Before You Buy, Understand the Regional Defects Of The Area

Ask Realty Times

Real Estate Outlook: Positive Trends

Condo Trends: Self-Insurance Replacing Traditional Policies?

Realty Viewpoint: Thanks, Freddie Mac, For More Scary Housing Headlines


Real Estate Outlook: Media Reporting Good Turns?



CURRENT
MORTGAGE RATES

Interest Rate Watch
30 yr fixed: 6.13%
15 yr fixed: 5.60%
1 yr adj: 5.14%
(U.S. Daily Averages)


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Paul Stillwaggon & Pat Cornish
908-561-5492,
Luxury Custom New &
Pre-Owned Homes

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

908-561-6499 (Pat) 908-578-0890 (Cell)

Weichert Realtors
New Jersey Estates

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


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1 Comments on DAILY NEWS & ADVICE FROM REALTY TIMES/ 03/19/2008

Hi Patricia,

I like your header graphic in your blog.   You also have quite an extensive network of websites for your customers - very helpful! 

03/20/2008 06:07 PM by Lake Wallenpaupack Pike County PA Real Estate | Karen E Rice (WEICHERT, REALTORS® Paupack Group )


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Real Estate Agent: Patricia Cornish NJ, New Homes, Pre Owned Homes (Weichert Realtors/ New Jersey Estates)
Patricia Cornish NJ, New Homes, Pre Owned Homes
Berkeley Heights, NJ
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Weichert Realtors/ New Jersey Estates

Office Phone: (908) 561-6499
Cell Phone: (908) 578-0890
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Linking the latest technology to old fashion service. Pat is always conscious of how important it is to purchase or sell a home. The price point of the home doesn’t matter.

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