DAILY NEWS AND ADVICE FROM REALITY TIMES 05/06/2008

Will the pending federal rebate have any an impact on our national economy? Why are we not recognizing the energy crisis and creating tens of thousands of high-paying jobs to correct the problem? These questions and more in this Peter Mosca interview. FULL STORY->

New Jersey Estates/
Weichert Realtors


Paul S & Pat C
May 2008
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Daily News And Advice
Updated 08:46 AM CDT Today 
Today's Feature Stories

So Many Homes, So Few Buyers

The number of empty homes continues to grow to record levels as hard luck hits owners, tight money squeezes buyers and cashing in on the soft market is tough. FULL STORY->


New Homes: California's Inland Empire Makes Green

It's a sign of the times. California's San Bernardino County is seeing its first new home subdivision of homes designed to run on solar panels. FULL STORY->


Realty Viewpoint: Suburbia Blown Up By Gas Bubble

If the price of your suburban home has crashed, you're a victim of more than bad timing. You may have bought into a dream that's no longer practical to sustain. High gas prices, inadequate roads, and new home overbuilding are among the many reasons your home price may not recover for a long time. FULL STORY->


Regional Report: Northeast

The diverse and historic Northeast region of the US has much to offer home buyers, and despite a national slowdown in Real Estate sales, markets from New Jersey to New Hampshire are fighting to stay active. FULL STORY->


Recession-Proof Real Estate and the National Economy: One-On-One With Dr. Krause

Will the pending federal rebate have any an impact on our national economy? Why are we not recognizing the energy crisis and creating tens of thousands of high-paying jobs to correct the problem? These questions and more in this Peter Mosca interview. FULL STORY->


Is a Trend the Best Reason to Buy?

The real estate boom has positive and negative impacts on small communities. PJ Wade suggests considering more than just the property in question when you explore a move from the city. FULL STORY->


Headlines

Washington Report: Low-Cost "Gap" Financing
Capitol Hill is buzzing over a surprise proposal last week from a top federal banking official to provide low-cost "gap" financing to home owners stuck with loans that were unaffordable from the start. FULL STORY->

Wild, Wild West: Montana's Big Sky Is Falling
With some homeowners already pocketing a $400 property tax rebate, Montana is poised to grant still more property tax reductions -- and maybe some increases. 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. Conflicting economic reports have mortage rates in a quandary with no move up or down. FULL STORY->

Realty Viewpoint: Why Buy Now? Media Is Wrong About Housing Slump
The financial press has been so anxious to frighten homebuyers into fulfilling their dire prophesies of a housing crash, that few have had the courage to go against the current. FULL STORY->

Regional Report: Midwest
The National Association of Realtors reported on April 22nd, just over a week ago, that existing home sales slipped in March. FULL STORY->

Does the California Market Really Affect Me?
tba FULL STORY->

Market Conditions: North Central Oklahoma
Market expert Robin Smith reports the housing market in North Central Oklahoma has stayed in an upward direction, and real estate in the Ponca City area continues to be one of the country's best values. FULL STORY->

As Foreclosure Rates Rise So Does Fraud
Turn on the news or visit your favorite news website, and you are likely to see a report about the foreclosure epidemic. The reports you are not likely to see, however, are about something that is closely related and equally if not more disturbing -- real estate and mortgage fraud. FULL STORY->

New Report Guides Apartment/Multifamily Developers on Energy-Efficiency Standards
There's no denying that leaders in the building community are recognizing the importance of 'green' in their buildings and to their future business success. To help builders and developers who have taken the plunge, and still those considering it, identify the most cost-effective way to meet mandatory and voluntary energy-efficiency goals, the National Multi Housing Council (NMHC) and the National Apartment Association (NAA) have produced a new report. FULL STORY->

Investor Report: Miami-Dade County
It's no secret that Miami-Dade has the country's most crushing glut of unsold, unoccupied condo projects, with 25,000 sitting for sale -- a five year supply at current purchase rates -- plus another 19,000 units at some stage of approval or construction. FULL STORY->

Hot Market: Foreclosure Markets Turning Red Hot

Realty Viewpoint: Loans Bottleneck Housing

Market Conditions: Phoenix, Arizona

Regional Report: West

Why do My School Taxes Keep Increasing?

Why is He Always Late?

Mortgage Rates Little Changed as Risk of Inflation Continues to Cause Concern.

Don't Let Heating And Air Conditioning Problems Cool Your Next Purchase!

Ask Realty Times

Real Estate Outlook: Could Resales Be Up?

Market Conditions: Virginia

Realty Viewpoint: Economy, Housing Staying Alive

Regional Report: South

Have a Few Home Staging Tips?

Court Looks Askance at Builder's Mandatory Arbitration Clause


Real Estate Outlook: A Looming Recession?



CURRENT
MORTGAGE RATES

Interest Rate Watch
30 yr fixed: 6.06%
15 yr fixed: 5.59%
1 yr adj: 5.29%
(U.S. Daily Averages)


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<!----- </td></tr> <tr><td valign=top> <IMG src="../images2/paulpic5.jpg" width=179 height=244 alt="Paul Stillwaggon" border=0> </td><td valign=top> <B><i><B>Background & Business Philosophy</B></i></B> <br><br> Paul was born in Brooklyn, NYC, and at a young age moved to New Jersey who, prior to working in the real estate environment, had been the owner and manager of successful manufacturing businesses for 19 years. He is a family man married over 40 years with two sons and a daughter. <br><br> A full time Land & New Home Sales Representative since 1982, Paul takes great pride in providing high quality service to his customers. He is always willing to go that extra mile for you with great expertise.<br> <center> </td></tr> <tr><td colspan=2> <TABLE BORDER=0 CELLPADDING=0 cellspacing=0 width=540> <TR><TD> <ul><B>Our Philosophy:</B><br><br> <li>Linking the latest technology to old fashion service <li>Providing complete New Home Package from start to finish <li>Working directly with architects, engineers, developers and builders <li>Engineering background for Subdivision Planning and Land development <li>Dedicated to providing professional service in all aspects of real estate transactions </ul> </td></tr> </table> --------------------------->




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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Real Estate Agent: Patricia Cornish NJ, New Homes, Pre Owned Homes (Weichert Realtors/ New Jersey Estates)
Patricia Cornish NJ, New Homes, Pre Owned Homes
Berkeley Heights, NJ
More about me…
Weichert Realtors/ New Jersey Estates

Office Phone: (908) 561-6499
Cell Phone: (908) 578-0890
Email Me
Linking the latest technology to old fashion service. Pat is always conscious of how important it is to purchase or sell a home. The price point of the home doesn’t matter.

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