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Today's Real Estate News and Advice
Updated: July 22, 2008
Consumers Remain Nervous About Market
The majority of consumers don't believe a new president will immediately improve the housing market, but that hasn't robbed them of visions of the American Dream, according to a new Harris Poll. FULL STORY->
New Homes: Give Them Gas Cards and They Will Come
How hard is it to get prospective new homebuyers to drive out to the hinterlands to walk through, let alone purchase a new home? Just to get them to hit the highway, homebuilders across the nation are going to great lengths. FULL STORY->
As the Pendulum Swings
As the stock market attempts to work its way out of its funk, and the national economy slows down, we are faced with decisions involving the transfer of investment dollars from the stock market into real estate. FULL STORY->
Stretching Your Advertising Budget with Remnant Ads
Advertising costs can strain your budget, but you can gain a lot more advertising real estate for less money by using remnant ads, also known as stand-by advertising FULL STORY->
Canadian Government Tightens Mortgage Rules
To protect Canada's housing market from a 'U.S.-style housing bubble,' the government will no longer support 40-year amortizations and down payments of less than five per cent. The news was met with mixed reactions, reports Jim Adair. FULL STORY->
Washington Report: Congress Versus Homeowners in Foreclosure?
Could a dysfunctional Congress totally blow its only opportunity to help thousands of home owners avoid foreclosure? Last week Republicans and Democrats on Capitol Hill began a high-stakes game of political chicken that could cause the long-awaited federal housing relief bill to stall and go nowhere. FULL STORY->
Wild, Wild West: Arizona Mandates Licensing For Originators
Arizona is getting tough on loan originators with new regulations that will effectively put violators out of work in their industry in a region with the nation's highest rates of foreclosure. FULL STORY->
When is Sale Complete?
tba FULL STORY->
Californa Court Holds That Mediation Provision "Means What It Says"
It is important to remember that mediation is not the same as arbitration. Arbitration results in a decision by an arbitrator that has the same effect as a court decision. FULL STORY->
There's a New 'Green' in Las Vegas
While the green of money has been pouring into Las Vegas for many decades, vacation home developers are banking on a new way for green to grow in the Sin City: build sustainable communities and give buyers an opportunity to purchase more than they can afford on their own through fractional ownership. FULL STORY->
Market Conditions
The National Association of Home Builders (NAHB) reported last week that builder confidence is down this month -- for the 3rd consecutive month. FULL STORY->
Investor Report: When Partnerships Fail
We all know that down markets can offer great opportunities for investors looking to pick up properties at rock-bottom prices. But they can also be troublesome for investors who bring in friends and relatives to buy properties through partnerships without thinking through all the potential issues. FULL STORY->
Hot Market: The Nation Zigs, Spartanburg Zags
South Carolinians in the Spartanburg-Greenville market have taken the latest national economic decline in stride. The financial climate in this city leans on the positive side, as it serves as national and world headquarters for corporations such as Extended Stay Hotels, Denny's restaurants and Milliken & Company -- one of the largest privately held textile and chemical manufacturers in the world. FULL STORY->
Broker is MIA
tba FULL STORY->
Love The House, Hate The Traffic Noise -- There Is Hope!
Depending on the location, whether you're shopping for a new home or trying to sell your current residence, one of the biggest challenges is trying to reduce street noise. FULL STORY->
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