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->

New Jersey Estates/
Weichert Realtors


Paul S & Pat C
April 2008
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Daily News And Advice
Updated 09:48 AM CDT Today 
Today's Feature Stories

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->


Realty Viewpoint: Real-time Housing Composite Shows Possible Bottom Near

The Real-Time Housing Market Update shows that its 10-City Composite Index was down 1.7 percent for the first quarter of 2008, with most of the decline occurring in March (1.3 percent.) 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->

The Fair Housing Act
tba FULL STORY->

Market Conditions: Chicago, Illinois
Carol Best is reporting that, for the North Shore and Northwest Suburbs of Chicago, it is still very much a buyer's market. 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->

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->

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->

Real Estate Marketing Strategies: Why is it That Even the Very Best Receive Coaching?

Second Home Market Remains Bright

Condo Trends: Say Hi to Higher Prices in Aloha State

Realty Viewpoint: Bogeyman Index Has Motive For Scaring Homebuyers

Regional Report: South

Market Conditions: Pleasant Grove, Alabama

Mortgage Moment: Buying for Cash

What are HUD homes?

Ask the HOA Expert

Wringing Out: Inspecting Large Structural Systems

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


Real Estate Outlook: Good News!



CURRENT
MORTGAGE RATES

Interest Rate Watch
30 yr fixed: 5.88%
15 yr fixed: 5.42%
1 yr adj: 5.19%
(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


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Paul F Stillwaggon
Weichert Realtors
NJ Estates / Real Estate Group
55 Stirling Road, Watchung, NJ, 07069
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This post has been included in New Jersey Information

2 Comments on DAILY NEWS & ADVICE FROM REALTY TIMES/ 04/04/2008

APR
04
2008
Thanks for the good information
9:41pm • #2

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Paul Stillwaggon, Luxury New & Pre-Owned Homes in Central NJ

Warren, NJ

More about me…

Weichert Realtors/ NJ Estates Real Estate Group

Address: 55 Stirling Road,, Watchung, NJ, 07069

Office Phone: (908) 561-5492

Cell Phone: (908) 310-1358

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