Home : Blogs : Patricia Cornish NJ, New Homes, Pre Owned Homes : Pat Cornish/ New Jersey Estates/ Weichert Realtors

DAILY NEWS AND ADVICE FROM REALITY TIMES 04/25/2008

Call it the backlash after the boom: Major lenders and mortgage insurers are turning off the money spigot for investors who want to buy rental houses or condos with minimal downpayments. 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 11:06 AM CDT Today

Today's Feature Stories

Investor Report: Dramatic Cutbacks

Call it the backlash after the boom: Major lenders and mortgage insurers are turning off the money spigot for investors who want to buy rental houses or condos with minimal downpayments. FULL STORY->

Realty Viewpoint: New Home Sales Blue, Say Reports

If new car buyers are any indicator of what's going to happen to housing, then home builders should listen up. FULL STORY->

Hot Market: Cedar Rapids Prices Grow and Grow

Cedar Rapids, Iowa has been one of those housing markets that doesn't get a lot of attention because it's so stable. But in a world of tumbling home prices, foreclosures and short sales, stability is the name of the game. FULL STORY->

Inflation Jitters Push Mortgage Rates Up 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 6.03 percent with an average 0.3 point for the week ending April 24, 2008, up from last week when it averaged 5.88 percent. Last year at this time, the 30-year FRM averaged 6.16 percent. FULL STORY->

Regional Report: Northeast

According to the National Association of Realtors, sales of existing homes in the Northeast could be on the rebound. FULL STORY->

Ask Realty Times

How come I can't lease a property that everyone says is perfect? Why should I pay property taxes for local schools if I never used them? Do we owe money to a second lender if our home is foreclosed? Peter G. Miller looks at the week's most interesting questions for Realty Times. FULL STORY->

Headlines

Real Estate Outlook: Index Says Positive Growth Underway
You might not hear much about them on TV or in the papers, but there are some economic signs popping up right now that are -- at the VERY least -- encouraging for housing and real estate. FULL STORY->

Regional Report: West
It seems like California can't get a break in ongoing reports by national agencies about the real estate market. 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. FULL STORY->

Market Conditions: Wayne County, North Carolina
Jane Bartlett, our market expert for Wayne County, North Carolina, says due to the negative national news causing home buyers to be more cautious, she saw a little sluggishness for the first quarter, but overall figures have remained stable. FULL STORY->

How Do I Find a Lender?
tba FULL STORY->

Realty Viewpoint: Realtors Sticking To Industry Despite Bear Scare Tactics
You can take almost any piece of information and make it sound good or bad. And no one is better at that than the financial press when it wants to get behind a story like the housing slump. Here's some interesting data reporters aren't telling you. FULL STORY->

Real Estate Marketing Strategies: Release the Struggle and Start Attracting
Have you ever felt like getting more clients was a struggle? This article describes the "key ingredient" that makes all the difference. FULL STORY->

Tax Rebate Uses For Sellers
You've paid your dues in Club America. Now, thanks to the Economic Stimulus Act, you'll get a little something back. If you are a seller, how should you spend it? FULL STORY->

Federal Court Rules on Internet Housing Discrimination Case
You can't run discriminatory ads in the physical world of newsprint and magazines. But what about cyberspace? Can housing discrimination be practiced on websites? It's not quite as clear. FULL STORY->

Is the Single Member LLC a New IRS Target?
A little known Court Case has just sent ripples through the business community. If you, or someone you know, has one of the 1.2 million Limited Liability Companies in the US today, you'll want to read this alert. FULL STORY->

Should The FHA Own Part Of Your Home?

Regional Report: South

Interest Rate Update

Realty Viewpoint: As Home Sales Sink, Affordable Markets Swim,Tread Water

Mortgage Moment: Refinancing a Prime Residence

Market Conditions: Williamson County, Texas

Now the Time to Sell?

Real Estate Marketing Strategies - 7 Mistakes Real Estate Agents Make With The Law Of Attraction

Tax Rebate Uses For Buyers

New Agents: Generate More Referrals

Future HOA Forecasting

Good Time To Buy, But Money's Tight

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

Realty Viewpoint: Let's Offer Bailouts to Mortgage Payers

Market Conditions: Las Vegas, Nevada

Who are Fannie Mae and Freddie Mac?

Regional Report: Northeast

Virtual Real Estate: Room for Improvement?

Spectacular Marketing Campaign

Washington Report: FHA to Handle Foreclosure Crisis

Investor Report: New Opportunities from Rates Downswing

Real Estate Outlook: A Looming Recession?

CURRENT
MORTGAGE RATES

Interest Rate Watch
30 yr fixed: 6.03%
15 yr fixed: 5.62%
1 yr adj: 5.29%
(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

- Back -

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

Equal Housing Opportunity

E-mail this Newsletter to a friend

Posted by Patricia Cornish NJ, New Homes, Pre Owned Homes on 04/25/2008 12:37 PM

Comments (0)

new jersey estates newsletter

This post has been included in New Jersey Information
Post is included in group: Realtors®
Post is included in group: Weichert Realtors
Post is included in group: Weichert Family of Companies
Post is included in group: Weichert Realtors
Post is included in group: New Jersey Estates/ Weichert Realtors

0 Comments on DAILY NEWS AND ADVICE FROM REALITY TIMES 04/25/2008

Leave a response…

Name:

Notify me of new comments:

Comment:

What does the graphic say?