the federal reserve and treasury department on tuesday unveiled hundreds of billions more in money they are pumping into the struggling u.s. economy trying to jumpstart lending by the nations banks for mortgages and consumer debt.
together the programs from the federal reserve and the new york fed aim to dump 800 billion in additional funds into the struggling u.s. economy more than c...... [Show More]
transparency is a word that i have been coming across a lot latelya i hear in the political arena my local papers about my local police department months of it with the lending melt down and now on the home front of my real estate practice.a it really hits home with me involving the term continuous days on market.a
in any multiple listing system mls a commo...... [Show More]
here is the latest cost vs value for typical improvements many home owners consider or undertake to improve their homes. for a copy of the complete article seea 2008 cost vs. value report still many happy returns for home rehabs fromaREALTOR magazine .
nar 2008 improvement cost vs value averages...... [Show More]
in real estate the term existing home refers to a used property one that cant be classified as new construction.
the number of existing homes sold each month is tracked by the national association of REALTORs . the report is often used as a gauge for the health of the real estate market nationwide.
in october nearly 5 million existing homes sold across the u.s. ...... [Show More]
dallas home prices fell 2.7 in september against aacaseshiller 20cityaaverage of 17.4.adallas was the best market in the country followed by charlotte. meanwhile dallas condoaprices rose 11.1 in october which was also the strongest performance in the country followed by bismarck....... [Show More]
although the housing market may seem to have gone from bad to worse real estate sales are still taking place and therefore real estate agents still need to attract the attention of buyers and sellers before clients commit themselves to a competing agent.a according to real estate marketing expert kathy goughenour author of blogging 101 a real estate agents guide to boosting business and ge...... [Show More]
filed under forecasts economic data housing recession
the the mostpressing question after the national association of REALTORs announced a 3.1 october sales decline in existing homes has the housing market bottomed
unfortunately for home sellers and the nation the answer is no so says economist peter dawson.
sales fell to 4.98 million units on an annualized basis...... [Show More]
consumers to get new loan program. the treasury and federal reserve are working on a new facility to boost consumer financing and could unveil the initiative as early as today. sources say the treasury and the fed will help fund new loans packaged into securities for sale to investors using 25b100b from the 700b tarp program. the facility which will be operated by the fed aims to increas...... [Show More]
the national association of REALTORs has published their 2008 profile of home buyers and sellers. the results were based upon questionnaire responses received from 10053 home buyers and sellers from july 2007 june 2008 in a national survey. i came across the list from matthew rathbun over at agent genius . here are a few of the highlights
an increase in the number of first time home buy...... [Show More]
the national association of REALTORs reported today that sales of singlefamily homes town houses and condominiums fellain october.
existinghome sales including singlefamily town homes condominiums and coops fell 3.1 percent to a seasonally adjusted annual rate1 of 4.98 million units in october from a downwardly revised pace of 5.14 million in september and are 1.6 percent below th...... [Show More]
tim iacono submits
the nar national association of REALTORs reported a setback in existing home sales during october in what increasingly appears to be an extended period of clunking along a bottom that began forming last year. home prices are another matter entirely. the median price for existing homes dropped to 183300 in october down a whopping 11.3 percent fro...... [Show More]
theres a rather breathless article in the new york times this afternoon sending off alarms about housing prices tanking
home sales dropped and prices plunged again in october an indication that the pain currently pulsing through the housing market is not likely to abate soon.
sales of previously owned homes fell 3.1 percent for the month to an annual rate of 4.98 million according...... [Show More]
less decline more sales south lake tahoe is doing much better than todays nar report.
according to the national association of REALTORs in a national press release today october existing home sales declined after strong gains in september. the nar further says the cause of the decline is due to uncertainty and economic concerns that increased throughout october and the continuing im...... [Show More]
112508 tar digest Post Source: feeds.feedburner.com Posted: Nov 24 2008 21:05:02
the weekly membership newsletter of the tennessee assn. of REALTORs
editor pug scoville
contents
1. fannie freddie foreclosures suspended
2. hot line failure to update listing status
3. hot line a nonrefundable deposit
4. new data on home buyers and sellers
5. working smarter finding good graphics
6. rates continue to dro...... [Show More]
the national association of REALTORs released their september existinghome sales data and as expected the numbers were horrible. the interesting news here is that this time around the REALTORs are not even trying to spin the bad news. here are some of the statements in the REALTORs news release
exi stinghome sales including singlefamily townhomes condominiums and coops fel...... [Show More]
foreign exchange outlook everyone is looking at institutional factors like the citibank bailout and hardly anyone is looking at macroeconomic indicators but today we get existing home sales probably a drop by 3.5 to an annual pace of 5 million. it will be the biggest monthly drop since sept 2007 according to the bloomberg survey . in the absence of a plan to stabilize the forecl...... [Show More]
home prices rising Post Source: allaboutcities.ca Posted: Nov 23 2008 04:32:14
in the majority of us cities home prices continue to decline with some cities in california seeing declines of over 30 year on year.
however in at least 28 us cities median prices in q3 2008 were up according to the national association of REALTORs .aa here are the top 10
elmira ny a 12.5
decatur ila a 8.7
b loomington normal ila 8.1
wichita ksa 5.5...... [Show More]
matthew rathburn puts the nar profile of home buyers and sellers 2008 into context. i think its worth reading the whole thing including the cool graphs hes put together.
matthews got some useful insights from the REALTORs perspective
whereas some agents are dwelling on the issue that the buyer is finding their home on the internet 32 of the time and only...... [Show More]
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