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Home prices drop, but at a slower rate
Written on 30 Jun, 2009 at 7:28 in News | viewed 156 views times and users have made 0 comments so far
S&P/Case-Shiller index down 18.1% year over year, but monthly drop narrows to 0.6% in April. By Les Christie, CNNMoney.com Last Updated: June 30, 2009: 9:44 AM ET NEW YORK (CNNMoney.com) — Home prices continued to tumble in April, falling 18.1%... (Continue reading)
Housing Foreclosures Fall in May
Written on 11 Jun, 2009 at 17:15 in News | viewed 146 views times and users have made 0 comments so far
Foreclosures declined 6 percent in May compared to April, but the number is still an increase of 18 percent compared to May 2008, reports RealtyTrac. “May foreclosure activity was the third-highest month on record, and marked the third straight month... (Continue reading)
Pending Home Sales Increase
Written on 2 Jun, 2009 at 17:19 in News | viewed 184 views times and users have made 0 comments so far
The Pending Home Sales Index, a forward-looking indicator based on contracts signed in April, rose 6.7 percent to 90.3 from a reading of 84.6 in March, and is 3.2 percent above April 2008 when it was 87.5. Lawrence Yun, NAR... (Continue reading)
HOME SALES ROSE 2.9% in April 09
Written on 27 May, 2009 at 8:32 in News | viewed 165 views times and users have made 0 comments so far
WASHINGTON (Reuters) – Sales of existing homes in the United States rose 2.9 percent in April, according to an industry survey on Wednesday that supported views the three-year housing recession was near a bottom. The National Association of Realtors... (Continue reading)
“The First Time Home buyers Tax Credit of $8000 can be now used as a down payment.”
Written on 14 May, 2009 at 19:15 in Blog | viewed 334 views times and users have made 0 comments so far
Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, said that the Federal Housing Administration is going to permit its lenders to allow homeowners to use the $8,000 tax credit as a down payment. Donovan’s remarks came... (Continue reading)
REAL ESTATE STABILIZATION
Written on 13 May, 2009 at 17:17 in News | viewed 2,601 views times and users have made 0 comments so far
Price Stabilization Is First Step to Recovery Home prices must stabilize before the broader economy can turn around, a panel of housing and economic experts said yesterday at a real estate summit hosted by the NATIONAL ASSOCIATION OF REALTORS® as... (Continue reading)
THINKING OUTSIDE THE BOX!!!
Written on 11 May, 2009 at 16:37 in Buy/Sell | viewed 2,087 views times and users have made 0 comments so far
Getting buyers off the fence isn’t easy. Listing agents from coast to coast say now is the time to think outside of the box. These tactics could help you get the property sold. 1. Organize a Raffle Partner with a... (Continue reading)
Some Life in San Diego Real Estate
Written on 7 May, 2009 at 17:19 in Blog | viewed 153 views times and users have made 0 comments so far
We’ve been seeing a small turn in real estate that some economist might say we are closing in on the recovery of the real estate market. Some areas have seen a small appreciation in the housing market but many areas... (Continue reading)
Staging on a Dime
Written on 29 Apr, 2009 at 19:43 in Blog | viewed 817 views times and users have made 0 comments so far
LIVING ROOMS Create a Focal Point “Pick out the most visible corner and put a large plant-I’ve found that silk trees work best. Set up a spotlight behind it so it lights up the leaves and throws an interesting shadow... (Continue reading)
Has Homes Bottomed Out?
Written on 27 Apr, 2009 at 20:23 in Blog, News | viewed 219 views times and users have made 0 comments so far
It looks like sales of new homes have finally bottomed out. The Commerce Department reported Friday that after hitting a record low in January – 74 percent lower than they were in July 2005 – new home sales rose in... (Continue reading)