real estate: Economy Killed the Real Estate Star
- 09/03/10 04:41 AM
It's hard to read the headlines and not be confused. Last week, the National Association of Realtors announced that existing-home sales in July had fallen an astounding 25.5 percent from the previous year. Then, just a few days later, some communities like Scarsdale and Edgemont were reporting that sales and prices had actually increased. A few days after that, Yahoo reported that sales prices nationwide had actually increased. If this doesn’t make your head spin… Even Time Magazine seems to be getting in on the fun. Their most recent issue, dated September 6, 2010, showcases an article about the pessimism of … (3 comments)
real estate: War of the Signs
- 08/31/10 04:43 AM
There’s been a lot of talk about signage lately. There are towns in my County that don’t let Brokerages put up any For Sale signs. There are some towns where you cannot state the name of the Brokerage; instead it needs to say FOR SALE BY BROKER. And, there are some towns that regulate how large the sign can be- in one instance, there is a town that will allow the sign to be 1 sq.ft., so many Brokerages end up with a sign that is 12 inches by 12 inches. This same town also has many streets that are considered … (6 comments)
real estate: Home Affordable Modification Program
- 03/29/10 04:12 AM
The Obama administration announced changes to the Home Affordable Modification Program, which is targeted at helping those who are unemployed and "underwater" on their homes, two groups who need the help the most, and haven't been getting help...until now. HAMP loan servicers will be required to provide 3 to 6 months of forbearance to eligible homeowners who lose their jobs, reducing their mortgage payments to a level that doesn't exceed 31 percent of their monthly income. Some homeowners who owe more than their homes are worth will also be able to refinance into loans guaranteed by the FHA, if lenders agree … (0 comments)
real estate: Tiger Woods is Back With Elin...and Real Estate Stats for 2010
- 03/05/10 04:06 AM
Every day, the news media reports some sort of bleak commentary regarding the economy, government, healthcare, etc. Sometimes it's a wonder that any of us is able to continue going on with our lives. Another month has passed with an outrageous number of job losses, you almost you wonder how anyone has a job anymore. Even one job loss at this point is too much compared to the already millions of people who do not have any employment. But with a news media that thinks the top story of the day is telling us how many times Tiger has "birdied" all … (1 comments)
It's hard to read the headlines and not be confused.
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