Your REALTORŪ:

Glenda Cherry
November 2009
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Daily News And Advice
Updated 02/09 01:00 AM CST 
Today's Feature Stories

Real Estate Outlook: Positive Movement

It's a fairly rare event, but now and then most of the important economic directional signs go positive, and this is one of those weeks FULL STORY->


Prepare to Avoid Buying Panic

When you buy real estate in a panic, you may lose more than you gain. PJ Wade shares tips on removing the panic from buying in even a fast-paced market. FULL STORY->


Realtor Association Expands Anti-Discrimination Policy

At the recent annual governance meeting of the National Association of Realtors held in San Diego, the Board of Directors adopted a recommendation to expand its existing support of equal opportunity to include its application with respect to sexual orientation. The exact wording of the motion was: "That existing NAR policy on equal housing opportunity be amended to include opposition to discrimination based on sexual orientation." FULL STORY->


Washington Report: New Budget

Real estate took some whacks in the new 3.8 trillion dollar Obama budget presented to Congress last week, but there were some helpful proposals for housing as well. FULL STORY->


Agents: Avoid Becoming Emotionally Involved in a Deal

One of the least talked about topics in real estate is about agents that become emotionally involved in the deal. FULL STORY->


Headlines

Washington Report: New Budget
Real estate took some whacks in the new 3.8 trillion dollar Obama budget presented to Congress last week, but there were some helpful proposals for housing as well. FULL STORY->

Agents: Avoid Becoming Emotionally Involved in a Deal
One of the least talked about topics in real estate is about agents that become emotionally involved in the deal. FULL STORY->

Long-Term Mortgage Rates Remain Stable and Low
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS)in which the 30-year fixed-rate mortgage (FRM) averaged 5.01 percent with an average 0.7 point for the week ending February 4, 2010, up from last week when it averaged 4.98 percent. Last year at this time, the 30-year FRM averaged 5.25 percent. FULL STORY->

Investor Report: Financing Opportunities
You've probably heard that the Obama administration's budget sent to Congress last week emphasizes helping small businesses around the country. But you may not know that it also includes lots more potential financing opportunities for purchasers, owners and rehabbers of commercial real estate. FULL STORY->

Housing Affected by Demographic Trends
The Urban Land Institute predicts there will be two major changes beginning in this new decade in our country that will affect the housing market. FULL STORY->

Developing Referral Relationships
Once you’ve received a referral, gathered information, and ranked the lead, it’s time to pick up the phone. The following advice and scripts will help you at each step of the lead-conversion process. FULL STORY->

FHA's Tighter Guidelines
The FHA announced tighter guidelines (January 20). Insurance premiums increased from 1.75 to 2.25 percent. Seller concessions are limited to 3 percent, down from 6 percent and new borrowers with a FICO score below 580 will need a 10 percent down payment instead of the 3.5 percent now required. GASP! We have a choice. We can choose to support what they are trying to do, or we can complain loudly and keep the buying public confused. FULL STORY->

Richard Juge, CCIM, 2010 President Details Institute's Impact on Real Estate, Industry and Economy
Peter L. Mosca shares an excerpt of his radio show interview conducted with Richard Juge, CCIM, 2010 President of the Institute, and President of RE/MAX Commercial Brokers, Inc. in Metairie, Louisiana and broker/owner of a RE/MAX office in Mandeville, Louisiana. FULL STORY->

Feds Giving Mortgage Modifications Additional Boost
It's not easy turning a potential foreclosure into a successful affordable mortgage modification -- from either side of the table. FULL STORY->

Is Laser-Focused Prospecting Really Necessary?
Most real estate sales training is focused on: Focusing. Or perhaps more aptly: Laser-focused prospecting. FULL STORY->

Ask the HOA Expert

Builders, Ever Hear of the Merkley Amendment?

Sexual Harassment Case Has Relevance For Real Estate Agents and Property Managers

Real Estate Outlook: Jumps and Gains

Games Won't Boost House Prices in Vancouver, Says Study

Washington Report: State of the Union

Which Phone to Choose?

Establishing Measurable Benchmarks For Your Team

Investor Report: 20 Percent Limit

Aging Buyers Want Easy, Comfortable Homes with First-Floor Master Bedroom

Mortgage Rates Flat This Week

RealSource.net Executives Discuss 2010 and the Distressed Asset Marketplace

Homebuyer Tax Credit Boosts Economy

Keep the HOA Capital Reserve Fund Robust for Long-Term Economic Health

New Year, New Money-Saving Strategies for Builders


Is it Morally Wrong to Default on a Mortgage?



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Glenda Cherry, ABR,e-PRO,SRES,REALTORŪ
Phone: 703-587-3615
E-mail: glenda@glendacherry.com
Web: www.glendacherry.com
www.HerndonRealEstate.net
www.RestonRealEstate.net
www.YourNOVAHome.net

Keller Williams Realty
703-697-1700
11700 Plaza America Dr #150
Reston, VA 20190


Equal Housing Opportunity

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