Real Estate News Network July 18, 2008

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Today's Market Conditions Report
A comprehensive analysis of the market, with over 10,000 reports from Realtors across North America.

Market expert Robin Smith reports the housing market in North Central Oklahoma has stayed in an upward direction, and real estate in the Ponca City area continues to be one of the country's best values. FULL STORY->

Today's Headlines

Capitol Hill is buzzing over a surprise proposal last week from a top federal banking official to provide low-cost "gap" financing to home owners stuck with loans that were unaffordable from the start. FULL STORY->

With some homeowners already pocketing a $400 property tax rebate, Montana is poised to grant still more property tax reductions -- and maybe some increases. FULL STORY->

The financial press has been so anxious to frighten homebuyers into fulfilling their dire prophesies of a housing crash, that few have had the courage to go against the current. FULL STORY->

The National Association of Realtors reported on April 22nd, just over a week ago, that existing home sales slipped in March. FULL STORY->

Turn on the news or visit your favorite news website, and you are likely to see a report about the foreclosure epidemic. The reports you are not likely to see, however, are about something that is closely related and equally if not more disturbing -- real estate and mortgage fraud. FULL STORY->

There's no denying that leaders in the building community are recognizing the importance of 'green' in their buildings and to their future business success. To help builders and developers who have taken the plunge, and still those considering it, identify the most cost-effective way to meet mandatory and voluntary energy-efficiency goals, the National Multi Housing Council (NMHC) and the National Apartment Association (NAA) have produced a new report. FULL STORY->

Today's Interest Rates from Realty Times are based on a 30 year amortization rate, with good credit and no origination fees. Conflicting economic reports have mortage rates in a quandary with no move up or down. FULL STORY->


Have a Real Estate question? Wondering about buying, selling, financing, refinancing or renting? Send your inquiry to Peter G. Miller, OurBroker®, a nationally-known columnist, author and reporter. For a look at recent Ask Realty Times columns, or to send your question, click on Full Story below. FULL STORY->

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David
Featured Writer:
David Reed

Mortgage Rates
30 Year Fixed: 6.06%
15 Year Fixed: 5.59%
1 Year Adj: 5.29%
(U.S. Weekly Averages)

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