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February 10, 2012

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Today's Headlines 11/05/2009



Peter L. Mosca shares an excerpt of a radio show interview with the Cato Institute's Senior Fellow Randal O'Toole who discusses a new study that examines how restrictive government policies choked off growth, encouraged localized housing bubbles, and triggered the current financial crisis. FULL STORY->

It would be hard to convince Orlando Realtor Troy Fletcher that he is in the middle of a recession. After all, the 27 condominiums he listed sold within about four hours one recent Saturday morning at Celebration, FL, totaling over $6 million. FULL STORY->

If you are buying a short sale, foreclosed home or other distressed property, you ought to have someone experienced in distressed properties working for you. FULL STORY->

There is a lot of talk about foreclosures in the news today. One aspect of foreclosures that has received little attention is difference between a judicial state and a non-judicial state. A judicial state requires that a lender file a foreclosure action in the court system and get an order from a judge before the property goes to a foreclosure sale. This provides the opportunity for the homeowner to assert any claims against the lender he or she may have and allow a judge to make a determination before the homeowner loses the home. FULL STORY->

It's more good news for the construction industry. McGraw-Hill Construction's 2010 Construction Outlook forecasts an increase in the level of construction starts in 2010 is expected to climb 11% to $466.2 billion, following the 25% decline predicted for 2009. FULL STORY->

We recently read that names should not be included in the minutes. Can we legally go back over the past few years and strike the any names from the minutes which have already been approved? FULL STORY->


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11/05/2009


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Mortgage Rates
30 Year Fixed: 5.03%
15 Year Fixed: 4.46%
1 Year Adj: 4.57%
(U.S. Weekly Averages)

Recent Headlines 11/05/2009

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