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Today's Real Estate News and Advice
Updated: May 12, 2008
Washington Report: Are "Jumbo" Loans Overpriced?
Capitol Hill's most influential legislator on housing issues says Wall Street and the mortgage lending industry are needlessly overpricing "jumbo" loans designed to help borrowers in areas with high home costs. FULL STORY->
AD&C Loans Tighten with Financial Markets
The mortgage credit crunch has spilled over into land acquisition, land development and home construction (AD&C) lending, increasing the challenges faced by builders in the current housing downturn, according to the National Association of Home Builders. FULL STORY->
Hate to Make Cold Calls? 5 Tips to Make it Easier
Have you often avoided making those "dreaded cold calls?" Do you dream of how much better your business could be but just can't bring yourself to pick up the phone? You are not alone. This article gives you 5 tips to make it easier. FULL STORY->
Regional Report: Midwest
A flat pattern in home sales activity should continue for the next couple months before improving over the summer, according to the latest forecast by the National Association of Realtors. FULL STORY->
Wild, Wild West: Silicon Valley Price Fall Spreads
Silicon Valley's high-end home sales that once buoyed the median home price for many months are shrinking as California's last bastion of rising prices buckles under relentless market pressure. FULL STORY->
Realty Viewpoint: Real-time Housing Index Says Falling Prices Easing
The Altos 10-City Composite Price Index shows an interesting trend. Housing prices are down a little over half a percent. That's no surprise, but out of 25 markets, only seven fell in asking price. 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->
Real Estate Outlook: State of the Economy
Are figures really rosier than reports are making out? Columnist Kenneth Harney explains what's really happening in the U.S. economy this week. FULL STORY->
Hot Market: Seeing The Smoke Before The Fire
Several markets across the country are starting to heat up -- if you know what to look for. Take across Florida -- prices are depressed, sales are down in the double digits compared to a year ago, while foreclosures and short sales rule. However, it's turning and the smoke is starting to rise before the flame ignites. FULL STORY->
Market Conditions: Jacksonville, Florida
Tim and Susan Fennell, our market experts in Jacksonville, Florida, say the first quarter of 2008 remained relatively unchanged compared to the last quarter of 2007. FULL STORY->
Regional Report: Northeast
Our market experts in the Northeastern United States are trying to put a positive spin on what continues to be a downward-trending market. FULL STORY->
What about Tax Burdens if We Don't Reinvest?"
tba FULL STORY->
Ask Realty Times
Can my builder lower prices -- after I bought? Can my mother-in-law limit my interest in a home I am buying with my husband? How can I protect myself against mortgage fraud? Peter G. Miller looks at the week's most interesting questions for Realty Times. FULL STORY->
Keep Cool Starting From The Top
With summer coming and temperatures rising quickly, many people are already turning the air conditioner on. But did you know that what's atop your home may or may not be helping you stay cool? FULL STORY->
Google Desktop: A Free Easy, Time Saver
Often we discover by accident an incredibly timesaving tool, which we COULD have been using for years in our computer work, but just had not known about. Well, you will bless the day that you learned here about this true time saver. FULL STORY->
Investor Report: Traditional Credit Sources Squeezing Pipeline
Investors who got used to easy money during the boom years - helped along by Wall Street, Freddie Mac, Fannie Mae and private mortgage insurers - need to adjust to some sobering new realities: Their traditional sources of credit are squeezing the pipeline. FULL STORY->
Regional Report: West
In looking at reports from the Western United States Real Estate market, it's a mixed bag as usual from our crew of on-the-ground market experts. FULL STORY->
More Real Estate News and Advice...
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