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Real Estate News Archive
Purchasing a home, especially if it is your first time, can be an extremely stressful and complicated process. It is easy to get overwhelmed by your choices and the many steps it takes to get the deal closed and the keys in your hands.
1. Get organized. Before you start your search make a list of "must-haves" for your ideal future home. Try not to go overboard but include attributes that aren't negotiable, like the number of bedrooms and school district you want access to.
This week, the Real Estate Marketing Summit is returning to the exemplary location of the Hotel del Coronado in San Diego, Calif., where hundreds of participants have registered to arrive on Wednesday, December 14th, 2011. Thousands, throughout the world, however, have now been provided with the rare opportunity to attend ...
Freddie Mac (OTC: FMCC) recently released the results of its
Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates largely unchanged and near their record lows helping to keep housing affordability high for those borrowers who are in the market. The 30-year fixed dipped to 3.99 percent, ...
The jumbo 30-year fixed mortgage rate fell to a new record low of 4.68 percent, according to Bankrate.com's weekly national survey. The average jumbo 30-year fixed mortgage has an average of 0.4 discount and origination points. ...
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury recently released the November edition of the Obama Administration's Housing Scorecard—a comprehensive report on the nation’s housing market. Included in this month’s report are detailed assessments for the 10 largest mortgage servicers participating in the Making Home Affordable Program with results from the third quarter of 2011. In addition to providing greater transparency about servicer performance in the program, the servicer assessments—first introduced in June 2011 and published quarterly—are intended to set a new industry benchmark for disclosure around servicer efforts to assist struggling homeowners, while prompting them to correct identified deficiencies.
David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA) testified recently before the House Financial Services Subcommittee on Capital Markets and the Government Sponsored Enterprises at a hearing on "The Private Mortgage Market Investment Act.”
Stewart Information Services Corp. (NYSE: STC) recently announced a new executive team. Newly appointed CEO Matt Morris created the new executive team to capitalize on Stewart’s strengths and further align the organization for smart growth and continued market leadership in the real estate services industry, the company reported. The structure ...
Residential real estate is not rocket science. We know that this housing crisis is:
1. Explainable – bad lending, mad speculation, wild expectations, government meddling
2. Isolated – bad mortgages, negative equity, strategic default, government meddling
3. Temporary – demand for housing always catches up to supply eventually
Mortgage applications increased 12.8 percent from one week earlier (which included the Thanksgiving holiday), according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 2, 2011.
With all the newspaper articles, television reports and Internet stories discussing how much real estate values have declined over the past several years, buyers in today’s market are unquestionably looking for a great deal. And with the surge in distressed properties, buyers are often looking
According to data from the 2010 NAR Member Profile, the median income of REALTORS® with at least one designation was nearly $22,000 more than the income of those with no designation.
Home prices have declined over the past three months and now trail last year by 3.9 percent, according to the latest CoreLogic Home Price Index.
Century 21 Real Estate LLC, the franchisor of one of the world’s largest residential real estate sales organizations, recently was honored with the Stevie® Award for Best Mobile Marketing Campaign of the Year, the company announced. The eighth annual Stevie Awards presentation was held in New York City in November. ...
As the market leader in North Orange County and Inland Empire, California, Prudential California Realty owes much of its success to the local community, claims the company. This holiday season, Prudential California Realty and Traditional Escrow, Inc. are excited to give back to the community by partnering with the U.S ...
Our whole business is nothing but negotiation. Negotiating with sellers, other agents, or even your own staff…This is what REALTORS® do all day long.
Yet, negotiation is like a bad word, with negative connotations associated with the act of negotiating and the viewpoint that, in order for one side to gain, the other must lose. But, this needn’t be the case in real estate – it doesn’t have to be an adversarial battle. In fact, it’s possible for everyone to win; the seller, the buyer, and both agents in the equation.
If you are going to make it to 100 deals, you must master the art of negotiating for all of these parties to feel that they succeeded in the negotiation and resulting transaction.