Some people might assume that with the overall real estate market down, investors in single family rental homes are fewer and fewer in number. Nothing could be further from the truth. FULL STORY->
Investor Report: Investor Market Strong Some people might assume that with the overall real estate market down, investors in single family rental homes are fewer and fewer in number. Nothing could be further from the truth. FULL STORY->
Hot Market: Allentown, PA - Not Just A Steel Town Anymore Allentown, Pennsylvania, became a household word in 1982 when rocker Billy Joel released his hit song, Allentown, about the city's disintegrating economy with the exit in droves of the steel mills. Unemployment skyrocketed into the double digits. Acres of manufacturing buildings went dormant. FULL STORY->
Regional Report: Northeast Existing home sales rose slightly on a national level lest month, as reported by Realty Times contributor Kenneth Harney. FULL STORY->
Decorating on a Budget: It Can be Done! Whether you're getting ready to sell your home or you're just in the mood for a spring spruce-up, learning to decorate on a shoestring budget can be rewarding both for your pocketbook and the aesthetics of your home. FULL STORY->
Long-Term Mortgage Rates Drift Slightly Upward This Week Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.88 percent with an average 0.5 point for the week ending April 3, 2008, up from last week when it averaged 5.85 percent. Last year at this time, the 30-year FRM averaged 6.17 percent. FULL STORY->
Headlines
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->
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. Economic news hasn't been as good as the Fed would like to hear. FULL STORY->
Realty Viewpoint: Bernanke Could Help Housing If He Wanted To 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->
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->
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->
C.A.R. Sponsors Legislation to Protect Owners of Condo Rental Units During the past few years of EZ financing, it became a widespread belief that there really weren't any rules or restrictions that stood in the way of obtaining a mortgage loan. That has changed. A lot of the old rules -- like requiring that the borrower actually has income -- are back in play. One of the old rules has to do with the percentage of units in a condominium development that are non-owner occupied.tba FULL STORY->
Linking the latest technology to old fashion service with one of the largest Real Estate Web Sites specializing in Luxury New Homes , Custom New Construction and Luxury Pre-Owned Homes in New Jersey. (http://www.NewJerseyEstates.Net)
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Paul,
I love your newsletter!