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February 10, 2012

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Today's Headlines 07/03/2009



Here's a real estate investment idea that's so new that a lot of people have never even heard of it: Buying multi-unit property with an FHA reverse mortgage -- living in one unit, renting out the others, and NEVER paying a dime in monthly principal or interest costs. FULL STORY->

The population of the U.S. nearly doubled from 1950 to 2000 but with that growth our water demands more than tripled, according to the Environmental Protection Agency. The government predicts that there will be water shortages in 36 states by the year 2013. That’s disappointing news to homeowners who love their green lawns and think that they add value to their homes. The good news is that a yard can still look attractive and yet use less water to maintain its beauty. FULL STORY->

A Brookings Institute report pointed out McAllen, Texas as “the only major city in the country that saw growth in employment and output during the first quarter of 2009,” as reported in The Monitor, the Rio Grande Valley’s main newspaper and online news service. FULL STORY->

If you’re a listing Agent, the two biggest questions you face are: Who do I call? and Where can I obtain Seller information? If you’re working to convert expired listings, the answers are right at your fingertips. FULL STORY->

As we all know, many rookie agents are woefully unprepared for the realities of their new career. They’re told to “fake it ‘til you make it” and sent out into the world to generate business for themselves before they even spell “MLS!” FULL STORY->

Peter L. Mosca shares part two of an excerpt of an interview with David O. Kingston, Chairman and CEO of Kingston Companies, an Idaho Falls, Idaho privately held group of 25 enterprises with a concentration in real estate development, agriculture, and power generation; Michael Anderson, Founder and co-owner, Nate Hanks, Co-Owner and Blaine Walker, President, all with RealSource in Salt Lake City, a commercial real estate provider of a full menu of institutional level services and products to help the entrepreneurial real estate investor invest well. FULL STORY->

Today's job-loss mortgage insurance is a growth industry spawned by the recession. Once only the domain of traditional insurers, the coverage is now available from a variety of sources. FULL STORY->


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Real Estate News Network
07/03/2009



Mortgage Rates
30 Year Fixed: 5.42%
15 Year Fixed: 4.87%
1 Year Adj: 4.93%
(U.S. Weekly Averages)

Recent Headlines 07/03/2009

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