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HomeDAILY NEWS & ADVICE FROM REALTY TIMES 03/1...

DAILY NEWS & ADVICE FROM REALTY TIMES 03/11/08

NEW JERSEY ESTATES

Paul Stillwaggon & Pat Cornish
908-561-5492
March 2008
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Daily News And Advice
Updated 09:24 AM CDT Today
Today's Feature Stories

New Homes: Walking on Green

Is the flooring in your home ethical? Now that Al Gore got our attention with his "Inconvenient Truth" documentary about the effects of global warming, we realize that we can look for green in everything we buy and that green can begin with us. FULL STORY->


Word On The Street: Housing Market Grim

Instead of number rows, pie charts and bar graphs, another way to look at the real estate market is to get down to earth and put your ear to the ground. FULL STORY->


Realty Viewpoint: How Oklahoma Fights Negative Housing Press

"Good thing you're in Oklahoma!" That's the frontline message behind the new public awareness campaign launched by the Oklahoma Association of Realtors to turn negative press around. FULL STORY->


Who Will Watch the RESPA Watchdog?

It isn't always clear when a RESPA violation occurs, and a great deal of energy and ingenuity has gone into finding and/or creating loopholes within its provisions. But sometimes violations are clear, even though they may go unnoticed. FULL STORY->


Mortgage Pre-Approval versus Mortgage Pre-Qualification

Is there a difference between a Mortgage Pre-Qualification letter and a Mortgage Pre-Approval letter? FULL STORY->


Interest Rate Update

Today's Interest Rates from Realty Times are based on a 30 year amortization rate, with good credit and no origination fees. Inflationary fears have rates on the rise. FULL STORY->


Headlines

Washington Report: Fannie and Freddie Overhaul Appraisal Practices
It's definitely one of the hottest subjects in Washington right now: Fannie Mae's and Freddie Mac's agreement last week to totally overhaul their appraisal practices, under pressure from New York Attorney General Andrew Cuomo. FULL STORY->

Wild, Wild West: Echo Boomers Invade Urban Cores
A group of brash, smart, high-performance twenty-somethings are taking over our nation's urban centers. They populate nearly half of Dallas' urban core. FULL STORY->

Interest Rate Update
Today's Interest Rates from Realty Times are based on a 30 year amortization rate, with good credit and no origination fees. With no major economic news today to report, mortgage rates are stable. FULL STORY->

Realty Viewpoint: Remember the Nasdaq, Homebuyers May Balk At Homebuying Even If Conditions Improve
If you missed the lowest mortgage interest rates, here's what's likely to happen. You'll be more hesitant about buying. Prices will drop, but housing inventory will stack up. The Federal government will have to step in to avoid a depression. They'll sweeten homebuying incentives. People will start buying homes. And the whole housing crisis will be over because once those incentives are given, they're mighty hard to take away. FULL STORY->

Market Conditions: Chicago, Illinois
Our local market experts for the Gold Coast, Streeterville and River North neighborhoods, Sandy Adler, reports a growth in inventory as sellers continue to wait out the slow market. FULL STORY->

Where to Find Stats on Average Sales
tba FULL STORY->

Daily Deposits In Your Self Worth
What is the most important asset you own? Is it that wonderful home you live in? Is it the beautiful car that you drive to and from your listing appointments? Is it your investment account of stocks? FULL STORY->

Real Estate Marketing Strategies: Are You Sharpening Your Saw?
Have you ever been concerned that being successful means you have to live an unbalanced life? This article shows practicing self-care and self-maintenance allows you to live a balanced life and increase your personal production capacity at the same time. FULL STORY->

A Glimpse at the Home of the Future, Really?
Given the rapid evolution of design, configuration and products in new homes, even a professional futurist might be hard-pressed to determine what the next five decades hold for housing. FULL STORY->

Investor Report: Booming Farmland Acreage
Prices may be sagging in housing, but they're booming in a segment of the real estate market that deserves a close look by investors: Prime farmland acreage, where global demand for biofuels and other agricultural commodities are driving up values to all-time highs. FULL STORY->

Hot Market: Oklahoma City Real Estate A-OK

Realty Viewpoint: The Bubble Is In Housing Prognosticators

Market Conditions: Washington County, Utah

Can You Apply Monthly Rent to Purchase Price?

Real Estate Marketing Strategies: 3 New Listings, $30,000 More in Commissions

The Evolution Of The Real Estate Consumer

Don't Get Caught In Mortgage Fraud

Ask Realty Times

Weak Economic Reports Drive Mortgage Rates Downward According to Freddie Mac's Weekly Survey

Commentary: Yes, We're Still Here

Real Estate Outlook: Housing Better Than Some Reports Indicate

Realty Viewpoint: The Consumer Is Overburdened By Services

Market Conditions: Anne Arundel County, Maryland

Foreclosure Rescue Specialists

Indoor Air Quality Management At Home

Making a Move in A Changing Market? Changing Seats on The Titanic Isn't A Plan!

IRS Issues Vacation Home Ruling

Achieving Success with the Strebor System

Condo Trends: Was That The Bottom?

50 Ways To Sell In Any Market




CURRENT
MORTGAGE RATES
Interest Rate Watch
30 yr fixed: 6.03%
15 yr fixed: 5.47%
1 yr adj: 4.94%
(U.S. Daily Averages)


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Paul Stillwaggon & Pat Cornish
908-561-5492,
Luxury Custom New &
Pre-Owned Homes
E-mail: njestates@earthlink.net
Web: http://www.newjerseyestates.net/
908-561-5492 (Paul) 908-310-1358 (Cell)

908-561-6499 (Pat) 908-578-0890 (Cell)
Weichert Realtors
New Jersey Estates
908-561-5400
55 Stirling Road, Watchung, N.J. 07069


Equal Housing Opportunity

E-mail this Newsletter to a friend
Posted Tuesday Mar 11
(03/11/08 10:03AM) — Kim Ray

Thanks

     


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(03/11/08 01:49PM) — Frank Rubi Louisiana Real Estate-Homes for Sale

Patricia, thanks for sharing this newsletter with us. Many stories here that are worth reading. Thanks

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