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DAILY NEWS & ADVICE FROM REALTY TIMES/ 04/03/2008

Just yesterday, Federal Reserve Chairman Ben Bernanke told the Joint Economic Committee of Congress that he believes it's possible that the economy is in recession and that he expects further rises in employment. He defended the Fed's bailout of Bear Stearns, but said it was Congress' job to bail out homeowners. He's wrong. There's a way the Fed could help if it didn't care more about Wall Street fat cats than Main Street consumers. FULL STORY->

New Jersey Estates/
Weichert Realtors

Paul S & Pat C

April 2008

LINKING THE LATEST TECHNOLOGY
TO OLD FASHIONED SERVICE

Daily News And Advice
Updated 01:00 AM CDT Today

Today's Feature Stories

Real Estate Outlook: Market is Stirring

Affordable mortgage money is the fuel that is going to pull the real estate market out of the woods. And there are some encouraging signs that may be happening right now. FULL STORY->

Regional Report: West

It looks like we have to get used to a mix of good and bad news coming out about the western real estate market. Realty Times contributor Broderick Perkins says prices in California have been hit hard, with the median price on a single family home down 26 percent from a year ago. FULL STORY->

Realty Viewpoint: Bernanke Could Help Housing If He Wanted To

Wringing Out: Inspecting Smaller Systems

After a flood or rain-driven storm, once you've examined your home's large structural components, take a closer look at other systems you'll need to dry out. FULL STORY->

Technology, the Realtor and the Real Estate Transaction: One-On-One With Saul Klein

The news media today is abuzz with information, stories, and articles about the real estate market. The concern is if investors, Realtors® and consumers only relied on the national newspapers or television networks they might not get the correct message as to what is happening in the markets across our country and globally, for that matter. FULL STORY->

Three Timely Tips for Increased Effectiveness: Tap Into The Power of 3!

Let's not make it so complicated! It is a back to basics time! You can tap into the magic of 3 to focus your actions and produce better results. Here is a simple technique I use with my coaching clients that results in increased effectiveness. FULL STORY->

Headlines

Second Home Market Remains Bright
The ownership or second homes remains remarkably strong, says columnist Peter G. Miller, evidence that a lot of households are doing well and good news for the real estate marketplace. FULL STORY->

Condo Trends: Say Hi to Higher Prices in Aloha State
With an economy that has flat-lined, but plagued with more high level jobs than qualified employees, the condo market in Hawaii is showing surprising strength. The Honolulu Star Bulletin reports February was a very good month for condo sellers with prices outpacing February a year ago as high as 19 percent in Kauai to $565,000. 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. Conflicting economic reports have mortgage rates in a quandary with no move up or down. FULL STORY->

Realty Viewpoint: Bogeyman Index Has Motive For Scaring Homebuyers
If it bleeds, it leads. That's been a newspaper reporting maxim for decades. Right now, US real estate is bleeding, according to the widely reported S&P Case/Shiller Indices. That gets Yale professor Robert Shiller a lot of coverage, where he has the opportunity to scare the pants off homeowners. But is he right or does he have another agenda? FULL STORY->

Regional Report: South
According to Lawrence Yun, NAR chief economist, the Southern region has seen home sales rise 2.1 percent from a month ago. FULL STORY->

Market Conditions: Pleasant Grove, Alabama
Roz Johnson reports homes are still selling in the Pleasant Grove area of Alabama. FULL STORY->

Mortgage Moment: Buying for Cash
#18 FULL STORY->

What are HUD homes?
tba FULL STORY->

Ask the HOA Expert
How do we charge for common area electricity? Can the HOA offer discounts to those who prepay their HOA fees or special assessments? These questions and more! FULL STORY->

Wringing Out: Inspecting Large Structural Systems
As soon as you can get back into your home after a flood or rain driven storm, check the large structural systems to determine what professionals you'll need to dry out. FULL STORY->

San Diego California Real Estate: The Most Asked Question

Is There Room For DotHomes?

New Homes: Designing Your Own Wall Plans

Gingerbread Houses Newest "Green" Trend

Realty Viewpoint: Fed, Bear Stearns Deal Could Bail Out Taxpayers

Market Conditions: Florida Panhandle

Bad Credit and Still Buy?

Apartment Owners Caught Sleeping?

Mortgage Market Still Strong for Cautious Canadians

Mortgage Meltdown: Let the Finger-Pointing Begin

The New World of Web 2.0

Washington Report: Sen. John McCain Weighs in on Housing

Wild, Wild West: California Prices Hit Hard, Market Leveling

Realty Viewpoint: Nonoccupying Homeowners Still Buying Homes

Regional Report: Midwest

Market Conditions: Ocean City, Maryland

Was there Really a Real Estate Bubble?

The Changing Face of Neighborhoods: What's Old is What's New Again

Online Real Estate Marketing Is About More Than Just Sharing Ideas

Seven Principles to Successful Real Estate Goal Setting

Real Estate Outlook: A Looming Recession?

CURRENT
MORTGAGE RATES

Interest Rate Watch
30 yr fixed: 5.85%
15 yr fixed: 5.34%
1 yr adj: 5.24%
(U.S. Daily Averages)

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Paul S & Pat C ,
Luxury Custom New &
Pre-Owned Homes
E-mail: njestates@earthlink.net
Web: http://www.newjerseyestates.net/
908-561-5492 (Paul S) 908-310-1358 (Cell)

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

Weichert Realtors
New Jersey Estates
908-561-5400
55 Stirling Road, Watchung, N.J. 07069