Mixed Results For October Existing-Home Sales; Mortgages Improving
WASHINGTON, November 28, 2007 - Single-family existing-home sales were stable in October while the condo sector was down, according to the National Association of Realtors®. Lingering effects of the credit crunch were a drag on sales but the mortgage situation has improved significantly
Important Trends In Real Estate Marketing Photography: Photo Size Is Important
Miami Beach, FL (PRWEB) November 26, 2007 -- Eighty percent of people across the country who bought a new home last year used the Internet while house hunting, and they rated photographs as the most useful tool in their search, according to a survey of buyers and sellers by the National Association of Realtors. Since property photos are meant to be a sales tool, Fizber.com,
NAR, Mayors Recognize Fort Smith, Ark., For Expanding Homeownership
WASHINGTON, November 27, 2007 -- The National Association of Realtors® and the U.S. Conference of Mayors have named Fort Smith, Ark., a 2007 Ambassador City for its City of Fort Smith Homebuyers Assistance Program. The program provides potential buyers with credit counseling and mortgage readiness education.
Advantage Realty Services, Inc Launches Campaign to Educate Homeowners On Using Flat Fee Listing...
Advantage Realty Services, Inc provides a fee for service or flat fee service. With its new campaign designed to educate the public on the benefits of using a discount broker like themselves, the company allows people to save thousands of dollars on the sale of their home over traditional broker costs.
Ferrari Capital Partners, LLC Makes Key Decision to Scale Back Proposed Real Estate Development...
Ferrari Capital Partners a large scale real estate developer in the southeastern United States, has announced plans to scale back a proposed 523 lot Planned Unit Development (PUD) subdivision in order to better serve the needs of the community.
Chase Adopts Loan Benefits to Help Expanding Families
NEW YORK, Nov. 26, 2007 - Chase today introduced New Additions, a discounted home-equity loan program to help families pay the often steep expenses of adopting a child.
Want to sell your house at a nice price?
In early October, when Dorte and Houschang Pakpour put their Mediterranean-style villa in Laguna Beach, Calif. on the market, they put a little extra bait on the hook. In the glossy sales brochure touting the ocean and canyon views, European gardens and cathedral ceilings, the Pakpours noted that seller financing was available.
Mortgage Applications Decrease In Latest MBA Weekly Survey
WASHINGTON, D.C., November 21, 2007 — The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending November 16, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 681.7, a decrease of 3.6 percent on a seasonally adjusted basis from 707.3 one week earlier. On an unadjusted basis, the Index decreased 5.2 percent compared with the previous week and was up 9.8 percent compared with the same week one year earlier
Real Estate in 2008 – Realtors Share Ideas for 2008 Real Estate Market
In only one week, hundreds of top real estate agents from across the country have contributed over 1,000 ideas to publish Real Estate in 2008. During the National Association of Realtors (NAR) annual conference in Las Vegas from November 12-16, 2007, the conference helped to write and publish an entire book of ideas.
RealAsell.com: A New Web Site Promises to Help Homeowners Sell in 30 Days or...
Can homeowners really sell their homes in 30 days or less without a Realtor? Jennifer Gibson of RealAsell.com thinks so. The new Web site boasts a "Sell in 30 days or Less... Guaranteed" service by providing its clients the opportunity to gain additional exposure through the RealAsell.com national lender network.
Best And Worst U.S. Housing Markets
Scaled-back lending practices, risky loans, oversupply and low demand continue to plague the nation's housing markets, driving down prices and stalling sales.
Mortgage Applications Fell Last Week
The weekly Mortgage Application Index fell 3.6 percent last week on a seasonally adjusted basis to 707.3. On an unadjusted basis, the index declined 5.2 percent compared to the previous week, but was up 9.8 percent compared with the same week last year.
Most Metro Areas See Modest Price Gains
The vast majority of U.S. metropolitan areas showed rising or stable home prices in the third quarter, with most experiencing modest gains compared with a year earlier, says the latest quarterly survey by the NATIONAL ASSOCIATION OF REALTORS
MY HOME: THE AMERICAN DREAM
PARSIPPANY, N.J. (Nov. 19, 2007) – Coldwell Banker Real Estate LLC announces the launch of its third “My Home: The American Dream” contest. In collaboration with Scholastic, the global children’s publishing, education and media company, Coldwell Banker® invites students in kindergarten through eighth grade to tell their personal stories, through images and words, about how their houses, apartments, or condominiums are not just places they live, but homes where dreams are shared and memories are made.
Home Starts Up, Mostly Due to Multi-Family
U.S. home builders broke ground on more apartment buildings in October, driving housing starts up 3 percent to an unexpected seasonally adjusted rate of 1.229 million, the Commerce Department reported Tuesday
Median Home Prices Rise in Most Metros; Majority Show Modest Gains
WASHINGTON, Nov. 21 /PRNewswire-USNewswire/ -- The vast majority of metropolitan areas showed rising or stable home prices in the third quarter with most experiencing modest gains compared with a year earlier, despite a broad decline in existing-home sales, according to the latest quarterly survey by the National Association of Realtors.
Loan and Share Growth Continues
Alexandria, VA, Nov. 20, 2007 -- Federally insured credit unions reported strong asset and share growth through September 30, 2007, according to third-quarter 2007 Call Report data submitted by the nation’s 8,163 federally insured credit unions.
How to Make Money Selling Green
Environmental awareness may be rising, but when it comes to buying a home, green by itself is not an easy sale, according to green market experts who spoke at “The Business Benefits of Green” during the 2007 REALTORS® Conference & Expo last week.
Commercial Market Shows Signs of Leveling Off
Commercial real estate market activity is expected to level out, suggesting stable business opportunities for commercial practitioners in the months ahead, according to a NATIONAL ASSOCIATION OF REALTORS® forward-looking index for the commercial real estate sectors.
Video: Proposals in Congress Could Leave Taxpayers Footing the Bill in Subprime Mortgage Crisis
WASHINGTON, Nov. 20 /PRNewswire/ -- Subprime mortgage troubles continue as Congress considers proposals impacting taxpayers. The measures would give the federal housing administration or FHA - the largest mortgage insurer - and Freddie Mac and Fannie Mae - the largest mortgage lender - a larger role in the housing market.