Real Estate Advertising Less in Newspapers
Analysts say that real estate advertisements will become less prevalent in local newspapers as more companies opt to use the World Wide Web.
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Enhance Curb Appeal: Six Ways to Spruce up Your Yard
Barb Schwarz, founder of the International Association of Home Stagers says that if a house looks good on the
outside, potential buyers are more likely to want to see what is on the inside.
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Available Inventory Flattens, yet Buyers continue to Take Their Time
The amount of unsold homes is flattening in several markets, even declining
in Boston and Denver. Information from a quarterly Wall Street Journal survey.
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Federal Reserve Offers More Details on Mortgage Regulations
Sandra Braunstein, director of consumer and community affairs for the Federal Reserve reports that the fed is
drafting new rules which will regulate escrow accounts, prepayment penalties, and stated income loans.
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6 Steps to Give Credit Scores a Boost
As a result of resent events in the subprime lending industry, lenders have tightened their belts regarding underwriting guidelines. Potential home buyers would be wise to raise their credit
scores to secure better loan terms, lower interest rates and to overall qualify for a loan.
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Interest Rates Drop, Mortgage Applications
Applications for new mortgage loans increased 0.9% last week on a seasonally adjusted basis to 631.6.
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First-time Home Buyers Driven Away by Tighter Credit Standards
First time buyers are finding it harder to get a loan for the home of their dreams due to higher interest
rates and tighter lending standards.
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The Difference between Loan Pre-appovals and Pre-qualifications
Confusion surrounding the proper understanding of pre-approvals and pre-qualifications is importance to successful sales and purchases of property.
Real estate experts agree that it is both important and smart for buyers to become pre-approved- not just pre-qualified prior to entering the housing market.
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Foreclosure Rate Falls
Filings for foreclosure in the U.S. dropped 7% in the month of June to 164,644. 33 states reported month over month decreases.
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Real Estate Shows Red Hot On Cable Television
The real life real estate market may be a bit slow these days, but not on TV. Real Estate shows on Cable television are extremely popular.
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Impress Buyers with the Laundry Room
When it comes time to list your home for sale, don't forget about the laundry room! Placing some attention on the overall look and quality of
this room of the house could end up being the deciding factor for some potential buyers.
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Younger Buyers Desire High-Tech Features
Buyers from both Generations X and Y that are born after 1965 grew up during an age of technological
advancement; and therefore desire high-tech features in their homes.
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Housing Market has Economists at Odds
Some economists expect the economy to grow at a sturdy pace of 3.4%, while others expect only 2%. The swing
factor is the state of the housing market.
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Pending Home Sales Decrease, Some Regions Show Increase
The NAR (National Association of Realtors) reports that the Pending Home Sales Index shows that
levels of existing home sales should stay close to current levels in the coming months.
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