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DAILY NEWS & ADVICE FROM REALTY TIMES/ 04/22/2008

Consumers are grappling with market conditions that have created a buyers' housing market at a time when economic conditions are scaring off would-be buyers.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

Good Time To Buy, But Money's Tight

Consumers are grappling with market conditions that have created a buyers' housing market at a time when economic conditions are scaring off would-be buyers. FULL STORY->

New Homes: Chinese Housing Market May Produce Revenue for Sagging U.S. Building Industry

While the U.S. housing market suffers, a residential building explosion is continuing on the other side of the world. In fact, it is estimated that China's building boom accounts for more than 100 billion square feet per year. FULL STORY->

Virtual Real Estate: Room for Improvement?

When it comes to real estate, virtual or otherwise, details matter. PJ Wade offers insights for online improvements for consumers and professionals alike. FULL STORY->

Regional Report: Northeast

Our market experts in Massachusetts are doing what they can to damper the continuing bad news regarding foreclosures in this beleaguered real estate market. FULL STORY->

Spectacular Marketing Campaign

Marketers have known for over a hundred years that the most critical element to a good advertisement is the headline. This is the "make-it-or-break-it" element that hooks the reader into reading the entire ad. FULL STORY->

Headlines

Washington Report: FHA to Handle Foreclosure Crisis
There will be no new agency created to deal with the national foreclosure crisis. Instead, all the work will be loaded onto the shoulders of the Federal Housing Administration -- the FHA. FULL STORY->

Consumer Alert: Property Tax Reduction Offers
Beware of fee-based offers to reduce your property tax, especially those that arrive with an official-looking letterhead. Get the facts from your local tax office or assessor. 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. With no major economic news today to report, mortgage rates are stable. FULL STORY->

Realty Viewpoint: Homes & Land Finds A Home Online
The newspaper industry may be having trouble making their online divisions work, but one home magazine company says it's success is all about direct contact and relationships with real estate agents. FULL STORY->

Regional Report: Midwest
Two of the four major regions experienced a downturn in February -- including the Midwest. FULL STORY->

Market Conditions: Palm Beach County, Florida
Palm Beach County market expert Ken Bryan says he has seen a slight upturn in signed contracts this March compared to last February. FULL STORY->

High Offer Rejected
tba FULL STORY->

Survey Says Consumers Hungry for More Green in Their Lives
Americans' appetite for environmentally friendly technologies and consumer products is grossly underserved, with a potential $104 billion in sales this year, according to the 2007 National Technology Readiness Survey (NTRS). FULL STORY->

"Prospecting" to Strangers Without a Sales Pitch
You can prospect outside of your "sphere of influence" successfully. Columnist Jennifer Allan shows you how. FULL STORY->

Applying the Pareto Principle: The 80/20 Rule
In the late 1800s, an Italian economist named Vilfredo Pareto observed that, in Italy, a small group of people held nearly all the power, influence, and money, which they used to create a significant advantage over the rest of the population. He theorized that, in most countries, about 80 percent of the wealth and power was controlled by about 20 percent of the people. He called this a "predictable imbalance," which eventually became known as the 80:20 rule. FULL STORY->

Investor Report: Spring 2008 "Risk Index"

Hot Market: Buffalo Planning for Future

Realty Viewpoint: A Perfect Storm For Homebuyers

Market Conditions: Hilton Head Island, South Carolina

Is High-Priced Real Estate Widening the "Income Gap"?

Regional Report: Northeast

Stop That Check

Ask Realty Times

Selling Your Home In a Market Full of Foreclosures

Were We Old Timers "Born on Third Base?"

Mortgage Rates Flat in Freddie Mac's Latest Survey

Real Estate Outlook: Spring Market Warm, but Consumer Confidence Low

Condo Trends: Market Eats Up Inventory

Realty Viewpoint: Wealthy Take Advantage Of Homebuying Opportunities

Regional Report: West

Where Is The Most Affordable Place To Live In The U.S.?

Market Conditions: Atlanta, Georgia

Achieving Success with the Strebor System

New Agents Should Look for Good Companies -- Ethically Good Companies

Does It Matter Why Rates Are Low?

Investor Report: New "Risk List" Guide

Investor Report: Short Sales Transactions Hot

Real Estate Outlook: Mixed Messages

CURRENT
MORTGAGE RATES

Interest Rate Watch
30 yr fixed: 5.88%
15 yr fixed: 5.40%
1 yr adj: 5.10%
(U.S. Daily Averages)

LIBRARY

Buyers Advice

Sellers Advice

Homeowners Advice

Advice for New Homes

Advice For Borrowers

Rental Advice

Homeowner Association News

NAR News

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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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Posted by Patricia Cornish NJ, New Homes, Pre Owned Homes on 04/22/2008 06:53 AM

Comments (2)

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2 Comments on DAILY NEWS & ADVICE FROM REALTY TIMES/ 04/22/2008

Patricia- Realty times is one of the best sites out there and full of great info.

http://www.brokeragentnews.com/libraryfs.html lets you search all Realty Times articles and many other sites. I think you will enjoy it if you have not been there.

Larry

04/22/2008 07:07 AM

by Larry Hultberg Newark Delaware Realtor (EXiT Central Realty Delaware Home Search)

I was just reading the on line magizine! The article about most people think it is a good time to buy, but want to wait 2 years.........was a good one. I think it makes you step back and re-think your marketing. Grand Rapids, Michigan local board has put much effort in changing this mind set of buyers, and it seems to have helped, our sales are up! Which also leads me to thier article do not base you market info on national reports, as some area's are much better off. Michigan as a whole has market reports, which includes the Detroit area, and we are NOTHING like them.

04/22/2008 07:52 AM

by Michelle Gordon (Keller Williams Realty, Independently owned and operated)

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