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Today's Real Estate News and Advice
Updated: October 10, 2008
Investor Report: Investing by December 1st
If you're planning to buy investment property and financing it through a lender who sells to Fannie Mae, keep the date December First in mind. Nail down your mortgage commitments quickly -- in the next six weeks if you can. FULL STORY->
Hot Market: Update - KC Market Turning in Middle America
In the center of the country, a market is turning upward and it might be prophetic that it's in middle America. Kansas City home buyers now may look back and realize they've missed the absolute best deals in this Missouri/Kansas city that is split between the two states. FULL STORY->
Don't Let Pesky Insects Hurt the Sale of Your Home
Termites can be a major concern and even stall the sale of your home if you don't inspect your home routinely for these pesky insects. FULL STORY->
One Year ARM Ticks Up As All Other Rates Fall
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.94 percent with an average 0.6 point for the week ending October 9, 2008, down from last week when it averaged 6.10 percent. Last year at this time, the 30-year FRM averaged 6.40 percent. FULL STORY->
Closing A Client
You have to assume success. The agents who assume that they are going to get a contract signed have much greater success. Don't go in asking for the business first. Assume you are going to get it, then ask. FULL STORY->
Deploy A Strategic Assault On Your Mortgage Application
Today's volatile housing market demands that home buyers take an exacting, almost surgical approach to completing a mortgage application in order to speed the paperwork through the narrowed arteries of the home loan pipeline. FULL STORY->
The Impact of the Fed Investment on Commercial Real Estate Investing
What happened to the simple times when you go to a bank, get a mortgage, and own your property? The following is an excerpt of an interview with Dr. Aric Krause, Ph.D., a faculty member in the Bill and Vieve Gore School of Business at Westminster College in Salt Lake City, and RealSource Consulting Economist. FULL STORY->
The Impact of the Fed Investment on Commercial Real Estate Investing
What happened to the simple times when you go to a bank, get a mortgage, and own your property? The following is an excerpt of an interview with Dr. Aric Krause, Ph.D., a faculty member in the Bill and Vieve Gore School of Business at Westminster College in Salt Lake City, and RealSource Consulting Economist. FULL STORY->
Ask Dr. Real Estate: Do I Need Help Getting Dressed?
Is there a cut and dry way to dress for success? Dr. Real Estate, Ken Edwards, answers this latest question. FULL STORY->
Deploy A Strategic Assault On Your Mortgage Application
Today's volatile housing market demands that home buyers take an exacting, almost surgical approach to completing a mortgage application in order to speed the paperwork through the narrowed arteries of the home loan pipeline. FULL STORY->
Are You In This Business for the Long Haul?
Are you in the real estate biz for the long haul -- or just another few month? Where do you want to be next October? FULL STORY->
Market Conditions
San Diego is seeing a true buyers market at this time, with prices on a downward trend. Local expert Dawn Lewis reports that the downtown San Diego median condo price for 2007 was $538,000. This median condo price for Downtown San Diego condos was $52,000 less than last years median condo price." FULL STORY->
Making HOA Appearances
There seems to be a tendency for common wall homeowner associations to acquire, over time, unintended owner touches like custom mailboxes, address numbers, pink flamingos, bird feeders and a variety of other questionable designer touches. What is a reasonable approach for the HOA to follow when it comes to appearance standards and while should there be standards at all? FULL STORY->
Greater Phoenix Initiative to Promote Region as Solar and Sustainability Leader
The Greater Phoenix Economic Council (GPEC) announced a new sustainability initiative to position Greater Phoenix as a location for solar and clean technology, green building, renewable energy and other "green industry" organizations. Greening Greater Phoenix Powered by SolarCity promotes the region as an emerging leader in solar technology and renewable energy industries. FULL STORY->
Too Much Maintenance Will Put You Out of Business
Julie just purchased a 40 unit apartment property, built in 1980 in southern Texas, a town's name that will be kept secret for now … to protect the innocent. FULL STORY->
More Biz in a Tough Market: Standing Out w/a Winning Presentation
Can you be a successful public speaker? It takes just a few simple steps. Here's how. FULL STORY->
Market Conditions
Louisville, Kentucky, is known for being home to the famous Kentucky Derby, is located just an hour from both Cincinnati and Indianapolis. FULL STORY->
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