Archive for: August 2007

August 28, 2007

Read Beyond the Headlines to Understand Housing Issues

Filed under: Real Estate News - 28 Aug 2007, by admin

Today’s headline “Home sales, prices tumble” on the front page of the business section of my local daily newspaper was ominous: This headline, in Florida’s largest newspaper (the St. Petersburg Times), is followed by a secondary headline that explains: …

August 27, 2007

A Tale of Housing Woe: Unable to Sell

Filed under: Real Estate News - 27 Aug 2007, by admin

Selling their home for more than a year now, my in-laws have have had no luck. Longtime empty-nesters who moved to the Sunshine State two decades ago from the New York metropolitan area, they want to move into a smaller house, …

August 24, 2007

New Home Sales Up in July

Filed under: Real Estate News - 24 Aug 2007, by admin

Is the housing market all bad news? You can barely climb out of bed these days without hearing some more bad news about the housing market and the mortgage industry: Home values are declining, home sales are down both for new …

August 7, 2007

How to Shop for a Mortgage: Shop, Compare, Negotiate

Filed under: Mortgages/Home Financing - 07 Aug 2007, by admin

With literally thousands of different mortgage products being offered by lenders, shopping for a mortgage and getting the best interest rate can be confusing. The consumer advocates at the Federal Trade Commission (in conjunction with at least 10 other …

August 6, 2007

Fixed-Rate Mortgages Making a Comeback

Filed under: Mortgages/Home Financing - 06 Aug 2007, by admin

Fixed-rate mortgages are making a comeback: Due to recent developments in the mortgage industry, the collapse of the sub-prime market that caters to high-risk borrowers and the escalation of interest rates on many adjustable-rate mortgages have produced a new trend, …

August 3, 2007

Top 10: What Consumers Expect from a Real Estate Agent

Filed under: Finding a Real Estate Agent - 03 Aug 2007, by admin

The top 10 things home buyers and home sellers expect from a real estate agent. With apologies to David Letterman, we offer this (serious) list that we have gleaned from a variety of sources (including comments that come to us directly at …

August 2, 2007

Consumers Hold High Esteem for Real Estate Pros

Filed under: Finding a Real Estate Agent - 02 Aug 2007, by admin

Consumers who buy and sell real estate have high satisfaction with the real estate professionals they work with according to a recent survey by the Consumer Federation of America for the National Association of REALTORS®, cited in a report in the August 2007 …

August 1, 2007

Real Estate Companies Get Creative With Incentives, Rebates, Discounts

Filed under: Real Estate News - 01 Aug 2007, by admin

In a down housing market, every real estate company (and the sellers they represent) are doing all kinds of things to maintain their business, offering assorted freebies and getting creative in their efforts to get potential buyers to commit.

Many real estate companies …