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This week it's all about sales. They're up in all four major regions of the country, and we're even seeing bidding wars breaking in some scattered markets, according to the latest survey from the National Association of Realtors.
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At their recent fall meetings, directors of the California Association of Realtors (CAR) adopted the following motion: "That C.A.R. in conjunction with NAR, "SUPPORT" the elimination of the FHA 90-day anti-flipping rule, and that C.A.R. write and publish a letter to the FHA Commissioner in opposition to the FHA 90-day anti-flipping rule." While support for the motion was not unanimous, it passed by a significant majority. Why would CAR oppose the anti-flipping rule?
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Pit Crews nationwide join in to provide barbeque for 60,000 troops and families during Day of Healing, Dec. 11, 2009.
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"How did this happen?" is a common reaction to the
unexpected nightmare of business or personal financial bankruptcy. PJ Wade offers suggestions for anticipating financial pitfalls and reaping the benefits of foresight.
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HUD has a blunt message for home buyers, lenders, Realtors and anyone else involved in real estate. Despite what you may have heard to the contrary, on January first the federal government expects everyone to be using the new consumer-friendly Good Faith Estimate mortgage disclosures and the new HUD-1 settlement statements.
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Real estate agents are quite fond of the philosophy that "price conquers all," meaning that if you price a listing low enough, it will sell regardless of the challenges the property presents.
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