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Today's Real Estate News and Advice
Updated: May 16, 2008
Investor Report: Second and Third Trusts
What's the single biggest headache for anyone trying to pull together a short sale right now? Columnist Ken Harney tells us. FULL STORY->
Hot Market: SE Michigan Surpasses the Psychological Pricing Barrier
All across the country, pending sales -- the number of contracts written in any given 30 day period -- are on the rise in cities and regions where prices have hit what we call the "psychological pricing barrier." FULL STORY->
Realty Viewpoint: Economic Stimulus Checks Can't Fix Our Values
As economic stimulus checks arrive, relieved households spend them on gas, food and bills. But the problem with the economy goes much deeper than that, beginning with white flight and suburban sprawl. FULL STORY->
Regional Report: Northeast
Our market experts in the Northeast region are reporting this week that their markets are seeing some real gains in this difficult housing climate. FULL STORY->
What To Take And What To Leave Behind When Downsizing
Here are some great tips on how to clean all that "stuff" you've stored away -- making for a clutter free life and an easier move. FULL STORY->
May Cybertips
You've seen the many stores that offer price protection policies. When the price drops on an item you've purchased, they'll refund you the difference. But here's the gotcha -- it's up to you to catch the price change. Here's a tip to change that. FULL STORY->
Ask Realty Times
How much do I have to pay at closing? When is a "side agreement" okay? Is there an official way to communicate with my landlord? Peter G. Miller looks at the week's most interesting questions for Realty Times. FULL STORY->
Most Mortgage Rates Drift Lower on Hopes of Market Recovery Later this Year
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.01 percent with an average 0.6 point for the week ending May 15, 2008, down from last week when it averaged 6.05 percent. Last year at this time, the 30-year FRM averaged 6.15 percent. FULL STORY->
Realty Viewpoint: Realty Times Asks, "Why Buy This House?"
With sites like Zillow and YouTube gaining in popularity, real estate agents are finding it harder to wow consumers with their listing presentations. Realty Times has just solved that problem. 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. Mortgage bonds have been on a rally as of late, driving interest rates lower. FULL STORY->
Real Estate Outlook: Encouraging News
Despite all the grim news about gas prices and recession, there are more than a few encouraging signs popping up in the national economy that aren't getting a lot of attention. 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: Realty Times Asks, "Why Buy This House?"
With sites like Zillow and YouTube gaining in popularity, real estate agents are finding it harder to wow consumers with their listing presentations. Realty Times has just solved that problem. FULL STORY->
Market Conditions: Miami-Dade County, Florida
Market expert Shelia Ferguson says it's still a buyers market in Miami-Dade County. FULL STORY->
Regional Report: West
The Western Real Estate market continues to see its ups and downs this week, as reported by several of our local market experts. FULL STORY->
Watching for Mortgage Fraud
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Could New Supreme Court Ruling Spell Trouble for Multi-State LLCs Holding Real Estate?
A recent Supreme Court ruling just increased state’s rights to tax income made in other states. Columnist Diane Kennedy explains. FULL STORY->
"Help Me Help My Agents!": Four Strategies to Answer This Manager's Plea
"Help me help my agents." Training experts across the nation are scrambling to answer this challenging plea as our markets continue to shift and normalize. FULL STORY->
Avoiding Home-Based Business Blunders
Tapping your home's potential as a business venue lets you cash in on the intrinsic value of a roof over your head without treating it like an ATM. FULL STORY->
HUD Plans Risk-Based Premiums For FHA Borrowers
HUD says it will raise insurance premiums for FHA mortgage borrowers -- but only those most likely to face foreclosure. Columnist Peter G. Miller explains. FULL STORY->
More Real Estate News and Advice...
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