Real Estate Newsletter (8/25/2010)
Uncategorized Comments OffDear eRealEstatePro.com Readers,
Welcome to the Real Estate Newsletter (8/25/2010). In this edition we have included news, articles and videos. You can find more resources on our website: eRealEstatePro.com.
Real Estate News
A rotten outlook on real estate
Everywhere you look, nationwide and in the Philadelphia region, July was rotten for real estate – that’s one thing on which the economists and the statistics agree. (More)
New home sales tumble to record low in July (Reuters)
Reuters – New single-family home sales unexpectedly fell in July to set their slowest pace on record while prices were the lowest in more than 6-1/2 years, government data showed on Wednesday. (More)
Mortgage applications rise 4.9 pct on low rates (AP)
AP – A trade group says mortgage applications rose 4.9 percent last week as more borrowers refinanced at the lowest rates in decades. (More)
Low prices and rates can’t slow fall in home sales
Read more: National , Economy , Consumer , Home Sales Fall , Housing Crisis , Economic Recovery , Financial Crisis , National Association of Realtors WASHINGTON a ‘ Home prices in many parts of the country scream bargain, and mortgage rates haven’t been this low for decades. (More)
Existing home sales fall to 15 year low
Sales of previously owned U.S. homes dropped in July to their lowest pace in 15 years, implying further loss of momentum in the economic recovery. (More)
Real Estate Articles
Property for Sale- Adopting the Right Selling Tactics
The world economy has recovered from the recession. However the major economy like US is still facing slow recovery and unemployment problems. Moreover real estate sentiment is still in cautious and a… (More)
The Pros and Cons of Non Recourse Loans
The Pros and Cons of Non Recourse Loans There are no shortages of decisions to be made when it comes to real estate investment. Aside from all the purchasing aspects to be considered, there is the ve… (More)
Ought to You Have to Manage Your Property Manager?
Ought to You Have to Manage Your Property Manager? I’ve written a lot concerning the importance of taking the time up front to prescreen your property manager to search out one who has s… (More)
Home Prices Rise For Second Continuous Quarter
Although the fate of the economy and housing market are still uncertain, home prices rose in May for the second straight month. The news from Standard & Poor’s/Case-Shiller 20-city home price index shows a 1.3 percent increase in May from April. The federal tax incentives are being sited for the uptick in home values. (More)
Make the Most Out of Your Real Estate Agent
How to avoid common real estate agents complaints? We all are well aware of the fact that many things could go wrong while dealing with a Realtor, which is why this comprehensive list will aid you in finding the most suitable agent for your needs and luckily eliminate all common causes of complaints. (More)
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