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Home Buying and Home Selling News Archive of December 2007

12/31/2007

2007 down year for existing home sales
Monitor - McAllen,TX,USA
Overall, 2007 will still chalk up as Hidalgo County’s third-best home selling year, according to Texas A&M’s research. Many real estate agents cite other ...

Real estate purchases by Americans said to be slowing
Jerusalem Post - Israel
"In 2008, high demand will continue to push prices in the Jerusalem real estate market higher," Baruch said. "However, American Jews, who have been ...

Buy US real estate?
Edmonton Sun - Alberta, Canada
Real estate prices in the American Sunbelt are off dramatically from their highs. The areas that have been especially hardest hit so far are Florida and ...

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12/28/2007

Area home prices remain down
Munster Times - Munster,IN,USA
BY SUSAN ERLER Home prices fell in November in parts of Northwest Indiana, but the region fared better than other areas of the nation. The median selling ...

Real Estate Niche Profits From Rise in Foreclosures
Washington Post - United States
By Dina ElBoghdady Longtime real estate agents Barbara and James Newcomb decided three years ago to focus on selling homes that had been repossessed by ...

Home prices post record decline
CNNMoney.com - USA
"More people want - or have - to sell," said Schiff, "because prices aren't going up, so buyers have to look at the actual cost of owning a home. ...

Get started on the house hunt
Boston Globe - United States
Mortgage interest rates dropped recently and home prices have moderated in many areas, making it a good time to buy. If you've never bought a home before or ...

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12/24/2007

Here's a more-realistic strategy for selling your home
Orlando Sentinel - Orlando,FL,USA
"That means that, at best, about one-third of all houses that enter the market will never sell." To determine the odds that your house will sell, ...

Home buying seminars, counseling available
Sidney Herald Leader - Sidney,MT,USA
"For each class," Earle explains, "We go through the entire home buying process and try to have a realtor, banker and USDA officer to speak as guests. ...

Renting can make more sense than buying
Baltimore Sun - United States
Home prices could drop, rents could balloon - or both. "Some parts of the country, buying is still preferable to renting, but in many other parts of the ...

It is Easy to Get Swindled When Selling a Home
Emailwire - USA
If you’re selling a home, a Real Estate Agent from our Family of Real Estate One of Michigan can give current market information. ...

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12/20/2007

How to help the real-estate market
Arizona Republic - Phoenix,AZ,USA
There are more than 58000 homes on the market. If each and every person who does not need to sell his or her home, or can wait to sell, takes his or her ...

Greenspan Warns Against Compelling Lenders To Alter Mortgages
Wall Street Journal - USA
Moreover, he worries that even voluntary measures could be harmful if they get in the way of a "selling climax" sending home prices down as rapidly as ...

Four Reasons the Holidays are a Prime Time to Sell a Home
RisMedia.com (press release) - Norwalk,CT,USA
That's why the holiday season is just as a good a time as any to sell a home-in fact, it can be a great time. "Timing is everything when it comes to selling ...

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12/15/2007

A scientific approach to selling your home
Seattle Post Intelligencer - USA
The primary determinant of how fast a home will sell and for how much is the home itself, the study says. "But taken together, these tactics can, ...

Don't despair -- spiff up your home cheaply
DetNews.com - Detroit,MI,USA
Don't attempt to do complicated home upgrades yourself. To be sure, those selling their homes under duress rarely have the money to call in contractors for ...

Despite Internet, it's not easy to sell property without agent
Bizjournals.com - Charlotte,NC,USA
"I'm convinced that the Realtors are trying to undermine anyone who is trying to sell their own house," said Peters, who has been trying to do just that ...

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12/11/2007

Homes sales edge up slightly
CNNMoney.com - USA
1 home builder by revenue, reported that it was selling 11000 properties, including some completed homes, to the real estate arm of Wall Street firm Morgan ...

Home seller likes auction-style sale
Port Huron Times Herald - Port Huron,MI,USA
She said with home-sales market slumping, everyone needs to work together and find new and creative ways of selling homes. "We can't be turfy about this," ...

Successful Real Estate Sales through Internet Exposure
PR Leap (press release) - Chula Vista,CA,USA
COM) Gabe Sanders and Susan Maxwell of Premier Realty Group in Stuart, FL now giving unprecedented Internet exposure for all of their real estate listings ...

The Biggest Real Estate Deals of 2007
ABC News - USA
"It's a record, and we'll see how long it lasts," says Gregory Heym, chief economist at Brown Harris Stevens, a New York-based real estate brokerage. ...

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12/8/2007

Those house-hunting now might be more motivated
Baltimore Sun - United States
So does it make sense to try to time the market if you've got something to sell? Inquiring minds, and a reader who needs to unload a Locust Point house in ...

Top Ten Thing Real Estate Agents Do Before Selling Their Own Home
American Chronicle - Beverly Hills,CA,USA
A key point to remember is that you should never do more than is necessary to sell your home. Often sellers think that the more they fix-up, the higher the ...

Best Blue-Chip Real Estate Investments
Forbes - NY,USA
While gambles on up-and-coming neighborhoods and new developments paid off for many real estate investors during the boom, housing markets across the ...

You Can Save Your Home's Value
ABC News - USA
You can use tax and financing tricks to make the slide in house values far less depressing. California homeowner Dana Frank is resisting the temptation to sell her three houses near Los Angeles, worth $2 million altogether ...

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12/4/2007

Padding your retirement with real estate
CNNMoney.com - USA
Instead of buying property, putting your money in reits is a simpler way to get the return and diversification benefits of real estate. ...

Should I sell my home now — or wait?
MSNBC - USA
That has some would-be home sellers wondering: should I sell my house now, before the market gets worse? Or wait until next year hoping it will get better? ...

What else should I take into account when buying a new home?
RisMedia.com (press release) - Norwalk,CT,USA
You can find out more about an existing property and neighborhood before you buy than you can a new home in a newly developed community. ...

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12/1/2007

Target specific areas for renovation when selling a home
The State - Columbia,SC,USA
Appropriate makeovers based on the vintage of your home could yield a faster sale at a better price. Such targeted improvements also save you money when compared to full-monty, state-of-the-art renovations throughout the home ...

Housing Slump's Third Year to Be `Deepest' Since WWII (Update1)
Bloomberg - USA
As the U.S. housing slump enters its third year, there is no sign of dawn in the darkness that is paralyzing home building, home buying and home lending. Standard & Poor's 15-member Supercomposite Homebuilding Index tumbled 62 percent this year as of yesterday, the largest drop since the benchmark was started in 1995. The companies have lost about $35 billion of market value ...

Buyer should link sale to home inspection
Baltimore Sun - United States
And because homebuyers typically spend just about every penny they have buying the house, and often fail to plan for even ordinary expenses associated with owning and maintaining a home, these kinds of surprises can wreak havoc on a budget. That is why it is so important for homebuyers to have a professional home inspector check the house from top to bottom, including all mechanical systems....

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Home Buying and Home Selling News Archive

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