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Appraisers look beyond housing comparables Print E-mail
Monday, 18 September 2006
In cooling real estate markets, it's the hottest question: How do you value a specific piece of property when local home sales are down 20 percent to 40 percent from last year, inventories of unsold homes have ballooned by 200 percent or more, and all the trend lines are pointing negative?
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Realtors choose from jump ship or pink slip Print E-mail
Monday, 18 September 2006
NEW YORK - America’s real estate agents and mortgage lenders jump ship or receive the pink slip.  Deterioration of the glory days of the most recent US housing market takes a toll on employees who profited from its record-breaking five-year run.  With home sales slumping and loan demand diminishing, layoff announcements and resignations have become increasingly common, evidence that the sector's slump is broad.
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Owners take up new housing laws Print E-mail
Monday, 18 September 2006
To favor middle and low income urban residents, China is expected to adopt new housing policies.  An important adjustment is to split current affordable apartments into two types namely, those for sale and those for rent.  This will then create the backbone of the nation’s housing assurance system in the future.
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Listing Agent as a strategy in a Buyers’ Market Print E-mail
Monday, 18 September 2006

As a growing number of housing markets shift into low gear, sellers are beginning to find their backs against the wall.  Home prices are falling, sales are stalling and buyers are calling for concessions.   Good help really isn't hard to find, provided you take care to hire a real estate agent best suited for you, the market and the home you want to sell.

GMAC Real Estate supplied a list of tips for successful real estate agent selection and we asked agents from other companies and other real estate professionals to chime in with suggestions you may not always get.

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Designing Homes in oasis style Print E-mail
Monday, 18 September 2006
Today, many homeowners are turning sunrooms into home offices, second bedrooms, and extra sitting rooms. Inside sunrooms homeowners are building pools, spas and other relaxing amenities. A sunroom is different from a standard room addition because of the panoramic view that you can achieve with a sunroom, you get the real feeling of having an outdoor feeling but being protected from the temperature, the bugs.
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Energy costs and Interest rates cause foreclosures Print E-mail
Friday, 15 September 2006
Foreclosure rates in the second quarter were highest for "subprime" borrowers - people with weaker credit records who are considered higher risks - who have adjustable-rate mortgages. Even with the increase, the new foreclosure figure is still low by historical standards and thus not overly worrisome to lenders. But it suggests that some borrowers are feeling pinched.
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