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DAILY NEWS AND ADVICE FROM REALITY TIMES 05/01/2008

Staging can be just the trick to selling your home. Columnist Ralph Roberts gives some tips. When the market slumps or you get stuck with a hard-to-sell property, you may have to ramp up your efforts -- market a little more heavily, spend more time on the phones, pound the pavement, and generate enthusiasm at showings and open housesFULL STORY->

New Jersey Estates/
Weichert Realtors

Paul S & Pat C

May 2008

LINKING THE LATEST TECHNOLOGY
TO OLD FASHIONED SERVICE

Daily News And Advice
Updated 09:12 AM CDT Today

Today's Feature Stories

Real Estate Outlook: Could Resales Be Up?

If you only focused on the big headlines in the past week, you probably noticed that home resales were down by two percent nationwide during March. That didn't sound good -- certainly not for the start of the spring selling season. FULL STORY->

Realty Viewpoint: Economy, Housing Staying Alive

The latest report on the state of the economy was better than expected. The first quarter grew by an anemic 0.6 percent. That's both good and bad news for housing. FULL STORY->

Regional Report: South

The latest report from the National Association of Realtors shows that in the South, existing-home sales fell 3.5 percent to an annual rate of 1.92 million in March and are 20.0 percent below March 2007. FULL STORY->

Moving Hard-to-Sell Homes with Staging

Staging can be just the trick to selling your home. Columnist Ralph Roberts gives some tips. FULL STORY->

Foreclosure Prevention's Lesser Knowns

Just as borrowers used "loan layering" to combine mortgages and seal high-cost home deals, homeowners facing foreclosure have foreclosure prevention layers from which to choose. FULL STORY->

Court Looks Askance at Builder's Mandatory Arbitration Clause

The recent California case of Baker v. Osborne Development (Fourth Appellate District Court of Appeal) makes it clear that alternative dispute resolution agreements between buyers and builders must themselves conform to certain ground rules. FULL STORY->

Headlines

The Liquidity Opportunity Is Here
Lenders are getting billions of dollars in new capital, so how come there's less mortgage money available? Columnist Peter G. Miller looks at the post-meltdown marketplace. FULL STORY->

New Homes: Top 10 Energy-Efficient Remodeling Projects for 2008
Going green isn't just a fad for tree-huggers any more. In fact, it's likely that we'll be living progressively greener lives from now on. 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 forecasts have come in as expected with no surprises and mortgage rates remain the same. FULL STORY->

Mortgage Moment: Subdividing Property
#22 FULL STORY->

Market Conditions: Portland, Oregon
Market expert Joelle Lewis reports that Portland market activity in March showed forward progress for month to month but remains slow compared to the level of activity a year ago. FULL STORY->

Having Two Owner-Occupied Mortgages
tba FULL STORY->

Success On Purpose
Columnists John Fuhrman talks about moving and marketing -- and how to get your name out. FULL STORY->

Ask the HOA Expert
Who decides what is on the agenda? Is it customary for the runner-up in the most recent election to be appointed? These questions and more in this week's column. FULL STORY->

Open House Rules
There's nothing quite like an open house invitation to touch and feel the real deal to get buyers to really beat a path to your home-for-sale door. FULL STORY->

Mortgage Fraud Now An Organized Crime Staple
Once the domain of home buying and home equity rip-offs, mortgage fraud is muscling in on foreclosures, reverses mortgages and insider trading related to mortgage securities. FULL STORY->

Condo Trends: The Good, The Bad, The Ugly of Condo Fees

Market Conditions: Surfside, Florida

A Neighbors Downspout is Flooding Yard

Realty Viewpoint: Research Study Of Online Competitors Still Relevant

Real Estate Marketing Strategies - Getting Your Clients to Buy Now!

Spring Cleaning For Your Business: Start Cutting Your Clutter Today

Land Values are Jumping on Canadian Farms

Washington Report: Fannie and Freddie Under Fire From Groups

Wild, Wild West: San Jose, CA No. 1 Market For Sellers

Realty Viewpoint: Realtor.com Offers Freshest Catch Of Listings

Regional Report: Midwest

Market Conditions: North Georgia Mountains

What's a Good Credit Score?

Turning Brown to Green: Building New Life into Older Properties

Building a Referral-Based Clientele

Investor Report: Dramatic Cutbacks

Hot Market: Cedar Rapids Prices Grow and Grow

Realty Viewpoint: New Home Sales Blue, Say Reports

Regional Report: Northeast

Changing Names on a Mortgage

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

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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

Equal Housing Opportunity

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Posted by Patricia Cornish NJ, New Homes, Pre Owned Homes on 05/01/2008 10:18 AM

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