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News for HomeBuyers and Sellers:
Clean Crawlspace May Increase Home Sale
9 hours ago | Realty Times

The name makes it sound like a place that you crawl in; however, most of us would probably rather pass on the crawl or even a walk-through of this area because of the lack of cleanliness. A crawlspace is typically a shallow area beneath your home between the soil and first floor. It can be very useful and even enticing to buyers if it’s kept up. On the other hand, a crawlspace can become a refuge for unwanted creatures, fungus, and termites. ... >

The Law of Difficulty
9 hours ago | Realty Times

The Law of Difficulty basically says this: The harder the task, the fewer the people who will try to accomplish it. ... >

Modest Inflation Expectations Allow Mortgage Rates to Once Again Set New Record Lows
9 hours ago | Realty Times

Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS), and for yet another week, fixed-rate mortgages reached record lows, as did the 5-year adjustable rate in this survey. ... >

Citigroup Gets Burned in the Caribbean
12 hours ago | WSJ.com: Real Estate

The bank is selling its mortgage on the Viceroy Anguilla to Starwood Capital Group at a hefty discount, the latest example of capitulation by a bank that has nursed a troubled real-estate project for years. ... >

Builders of N.Y. mosque face financial hurdles
15 hours ago | msnbc.com: Real estate

The developers planning to build a $100 million Islamic center near the World Trade Center site are nearly a quarter-million dollars behind on real estate taxes and late fees. World Trade Center - Islam - Real estate - New York City - September 11 2001... ... >

Pending home sales rise 5.2% in July
1 day ago | msnbc.com: Real estate

The number of buyers who signed contracts to purchase previously occupied homes increased in July but remained well below last year's levels, a sign that demand for housing remains weak. Contract - Business - National Association of Realtors - Residential Housing - Construction and Maintenance... ... >

Homeowners feel stress of life 'underwater'
2 days ago | msnbc.com: Real estate

A broad swath of homeowners — those not headed for the worst-case scenario of foreclosure — are nonetheless grappling with the impact of lost home equity. Foreclosure - Real estate - Business - Investing - Mortgage loan... ... >

New Resorts Owners Roll Dice
2 days ago | WSJ.com: Real Estate

Morris Bailey and Dennis Gomes are paying $35 million for Resorts Atlantic City, at a time when gambling revenue is declining and customers are being siphoned off to Pennsylvania venues. ... >

Capital Freeze Thaws for Real-Estate Funds
2 days ago | WSJ.com: Real Estate

Real-estate funds saddled with boom-time properties are getting relief from Wall Street firms and other investors hoping to capitalize on their need for cash. ... >

Home Buyers Advised Not to Wait
6 months ago | Bloomkey

Money Magazine reported today that buyers who wait to buy a home may be losing out on some very important incentives. First-time home buyer and move-up tax credits worth $8,000 and $6,500, respectively, expire April 30. Buyers who qualify get a dollar-for-dollar reduction in taxes or a cash payment if they don’t pay enough taxes [...]Home Buyers Advised Not to Wait is a post from: For Sale By Owner | Flat Fee MLS | Home Buyer Rebates... ... >

76% Think It's a Good Time to Buy
6 months ago | Bloomkey

According to a Reuters/University of Michigan poll, 76% of consumers polled believe now is a good time to buy a home. Economists in the Reuters poll said the bottom of the housing market has probably been reached. Home prices unexpectedly slipped in December but the annual rate of decline slowed Standard & Poor’s/Case-Shiller indexes showed [...]76% Think It’s a Good Time to Buy is a post from: For Sale By Owner | Flat Fee MLS | Home Buyer Rebates... ... >

Home Owner Equity on the Rise
7 months ago | Bloomkey

According to the Fed’s most recent “Home Owner Equity on the Rise is a post from: For Sale By Owner | Flat Fee MLS | Home Buyer Rebates... ... >

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