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| Real Estate Trends |
RISMedia
Today’s News at a Glance
Click here for a summary of today’s news.
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Around the Home: Americans Still Cutting Back on Little Things to Save Money
RISMEDIA, September 4, 2010—There are many big changes people can make to save money—cut back on all entertainment, eat more meals at home, for example. But there are also a number of smaller things people can do to save money,…
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Today’s News at a Glance
Click here for a summary of today’s news.
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Exceeding Expectations, Pending Home Sales Rise 5.2%
RISMEDIA, September 3, 2010—Following a sharp drop in the months immediately after the expiration of the home buyer tax credit, pending home sales have modestly risen, according to the National Association of Realtors.
The Pending Home Sales Index, a forward-looking…
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Refinancings Soar as Mortgage Rates Remain Low
RISMEDIA, September 3, 2010—(MCT)—For anyone under the age of 57, mortgage rates are now the lowest they’ve been during your life. This fact isn’t lost on a growing number of homeowners who have started a new wave of refinancings.…
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HUD Announces First Look Program to Help Communities Stabilize Neighborhoods Hard-Hit by Foreclosure
RISMEDIA, September 3, 2010—U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced an unprecedented agreement with the nation’s top mortgage lenders to offer selected state and local governments, and nonprofit organizations a “first look” or right of first…
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Simple Tips to Update Your Home and Create a Relaxing Sanctuary
RISMEDIA, September 3, 2010—(MCT)—Some rooms scream “Help!” Others say nothing, and that’s a problem, too. Take the typical bedroom. Michael Payne has seen thousands. “The bedroom tends to get forgotten—you spend all your money elsewhere in the house,” said…
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| Real Estate News |
Homes101
Real Estate Outlook: Signs of Recovery
If you've been waiting for rock-solid statistical evidence that the housing market -- and the national economy -- are well along into recovery mode, you definitely got it last week.
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30-yr Fixed Mortgages Available at 4.875%, Rates Stable
FreeRateUpdate.com research of wholesale lenders' rate sheets shows conventional 30-yr fixed mortgages available today at 4.875% to well-qualified consumers paying a standard origination fee of .07 to 1 point.
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EPA Signs Sustainability Agreement With Major New Jersey Company
Hartz Mountain Industries, Inc., New Jersey's largest real estate development company, has signed an agreement with the U.S. Environmental Protection Agency (EPA) to cut energy and water use and to take other steps to reduce the environmental impacts of its retail and commercial properties across the state. Buildings are responsible for close to half of the nation's greenhouse gas pollution. Under the agreement, signed on March 11, Hartz will take steps to promote sustainability in its operations.
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Elect the Select
Homeowner associations are designed to be representative democracies governed by a board of directors elected by the members. Electing directors to the board that can thoughtfully govern is extremely important. To accomplish this, elections must be carefully planned, not hatched at the last minute. Here are important components of a successful election process:
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Common Buyer Fears
Whether you are a first time home buyer or someone who is looking to move up or down, getting into the market can be a fearful time.
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Keeping Seniors Safe from Falls
It happens to all of us -- as we get older, our eyesight and hearing aren't as good as they once were, and our balance and reflexes start to let us down. We start taking medications to treat what ails us, but that may cause dizziness or lightheadedness. That can often lead to a fall, especially if there are tripping hazards in the home.
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Undisclosed Short Sale Payments May Lead to Trouble
A recent memorandum from the legal department of the California Association of Realtors® (CAR) warns CAR members as follows: "Undisclosed payments in short sale transactions, especially those paid outside of escrow, may violate the law, including RESPA, laws against loan fraud, and licensing laws."
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Inman News
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