Home Buying and Home Selling News Archive of August 2007

What mortgage crisis? Million-dollar homes still selling
Atlanta Journal Constitution - GA, USA
And most of them can afford to buy more house than they're buying anyway." In its 2007 luxury home report, Harry Norman, Realtors explains why the high-end ...

Credit union holds free home buying seminar
Monterey County Herald - Monterey,CA,USA
Provident Credit Union hosts a free home-buying seminar 10 am to noon Sept. 15 at its Monterey Community branch, 1035 Fifth St., Suite A. The seminar, ...

Home sale prices rise faster nationally than in Colorado
Bizjournals.com - Charlotte,NC,USA
The selling price of homes in Colorado increased less in the second quarter of 2007 than did prices nationwide. US home prices rose 3.2 percent in the ...

Set the stage to sell your home
Walton Sun - Santa Rosa Beach,FL,USA
Hiding everything in the attic or storage unit while attempting to sell a home may not be the answer either, say experts. A new trend - staging a home to ...

Real Estate In Florida: It's Buyers' Market
HULIQ - Hickory,NC,USA
The message is clear: if you are looking for a real estate property for sale in Florida, this is the right time. The Lexington Mansion: 7 bedroom Villa ...

Survey Suggests Florida Foreclosures Hit Close to Home, Transcending All Markets and Income Levels
Business Wire (press release) - San Francisco,CA,USA
Launched in 2001, The Fund's Consumer Education Campaign was designed to educate Florida real estate consumers on the home buying and selling process ...

Home prices not simple equations
Inland Valley Daily Bulletin - Ontario,CA,USA
To squeeze out a profit that's 6 percent to 11 percent of the new home's selling price - and keep the price tag as affordable as possible - builders and ...

A new selling tactic: the pre-listing inspection
Los Angeles Times - CA,USA
One tactic increasingly bringing buyers and sellers closer together is a property inspection obtained by the seller before the home is even listed. ...

Real estate 'gurus' often unreliable
Los Angeles Times - CA,USA
Nowadays, he said, the real estate information business is dominated by people who push their seminars and mentoring services out of boiler rooms, ...

Bob Shallit: Priced to sell, house, over the top, $7.7 million
Sacramento Bee - CA, USA
For starters, there's a two-story, five-bedroom, eight-bath home and separate guest house on 1.7 gated acres. Well, says Kim Pacini-Hauch, the listing agent ...

Mortgage mess complicates home buying
Miami Herald - Miami,FL,USA
If you're in the market for a mortgage these days, you'd better have good credit and be willing to come up with a substantial down payment on your dream home. As world financial markets reel from a spreading credit crisis sparked by the meltdown of subprime loans and liquidity problems at lenders ...

Mortgage rates still affordable
Suburban Journals - Town and Country,MO,USA
Despite the gloom-and-doom media stories, the housing market may be down, but it is not out. Wise buyers are seizing the moment. Others are procrastinating and losing out on golden opportunities ...

Market conditions test home-seller mettle
Arizona Republic - Phoenix,AZ,USA
Fewer homes are selling, homes are staying on the market longer and the average sale price has dropped from July 2006....

So you may have to sell your home
North Lake Tahoe Bonanza - Incline Village,NV,USA
One answer just might be to consider first converting that old house to a rental property before you actually sell it. Sale (at a loss) of realty which had first been converted into business or income-producing property generally will qualify for some tax relief...

The Two W's of Buying Your Home
American Chronicle - Beverly Hills,CA,USA
Knowing why may sound simple enough, but many have no clear idea why they are buying a home. Some of the reasons to buy a home could be. ...

Think About This Before You Sell Your Home
Motley Fool - USA
If you're looking for impassioned differences of opinion in the field of real estate, look no further than selling a home by yourself, which is typically referred to as FSBO (for sale by owner) ...

Commercial Real Estate Outlook Improving
Forbes - NY,USA
In contrast to housing market turmoil, an index of future commercial real estate activity posted its ninth consecutive quarter of improvement, a trade group said Tuesday...

Make small house seem larger
Detroit Free Press - United States
One of the key design tips to make a small house functional and seem larger is to create multiuse spaces. An example would be to combine a living room and dining room into one general area. Since you seldom use both areas at the same time, there will be little interference among the activities ...

Set stage to sell home
The Columbian - Vancouver,WA,USA
Now that a cooling market has put home buyers in the driver's seat, sellers have to sweat the small stuff. It's time to take a close look at your house from a potential buyer's perspective. "There's a lot of competition. You're selling a product, and you may need ...

Housing prices falling; now's the time to buy
Merced Sun-Star - Merced,CA,USA
He represents the kind of homebuyer Realtors say they're seeing more of these days: locals who were priced out of the market during the housing boom. Conventional wisdom says it's best to buy when prices hit bottom, but pinpointing that moment is nearly impossible - especially with an ever-increasing number of foreclosures in the mix...

Selling homes on Youtube
WHOI - Peoria,IL,USA
Weddel also uses www.realtor.com, a popular home selling website used by many realtors, but he says the Youtube exposure has gotten just as much business....

Selling houses by the yard
AZ Central.com - AZ,USA
Real-estate agents say a nicely landscaped property can have a pronounced effect on the asking price of a home, depending on the region and the condition of ...

Houston retail real estate market staying strong
Bizjournals.com - Charlotte,NC,USA
The Houston-based real estate market research firm's second-quarter 2007 Houston Retail Market Update shows that occupancy is down 0.38 points compared with ...

Home sales slowing here
Corpus Christi Caller Times - Corpus Christi,TX,USA
Mark Dotzour, chief economist and director of research for the Real Estate Center at Texas A&M University, said Wednesday much of the slowing home buying ...

Mortgage Lenders: Close to the Edge?
BusinessWeek - USA
An anxious stock market, always looking for the next subprime-related blowup, has been giving the mortgage industry whiplash. Thornburg Mortgage (TMA), for instance, fell 47% on Tuesday and then was back up 39% the next day ...