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06/25/2007 Consumers: "What Housing Bust?"
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What's got residential real estate consumers so confident about the housing market?
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06/25/2007 Mortgage Fraud Rising Fast; Florida and California Now the Hot Spots
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Mortgage fraud -- from bogus appraisals to consumer lies about employment and income -- is booming, up by 30 percent in the last year, according to a comprehensive new study prepared for the Mortgage Bankers Association of America using FBI and private mortgage industry data.
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06/25/2007 No More Electricity Bills? Solar Systems May Make it Possible
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Most of us don't like getting our electric bills, but electricity is a necessity. However, how you get it and whether you pay a utility company for it depends on what's on your roof.
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06/22/2007 Move Inc. offers view from the top
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Editor's note: Marketing experts expect a continuing migration of real estate advertising dollars online, so it's no surprise that a growing list of companies are seeking to capitalize on the online marketing trend. Some companies are focused around a single Web site, while others are approaching the industry from many fronts and with many sites to draw both real estate professionals and consumers. In this three-part special report, Inman News analyzes three large companies that each have multiple real estate holdings and Web sites. (Read Part 1, "Dominion Enterprises on the rise," and Part 2, "Internet Brands builds family of real estate sites.")
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06/22/2007 Wall St. drunk on money and power
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As suspected here last week, long-term interest rates have stabilized: the all-powerful 10-year T-note is in a broad range below 5.2 percent, and mortgages are at 6.75 percent to 6.88 percent.
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06/22/2007 Single women: today's prime real estate niche
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Women are rapidly becoming the silent majority in the real estate marketplace. While everyone pays attention to the needs of the "typical family," very few people are addressing the specific needs of single female real estate buyers and sellers.
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06/22/2007 Are we slowing down?
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I have a client who has been on the verge of buying since February. We have looked at a lot of properties we liked, and made two below-market offers, but listing prices are expensive and nothing he has seen has set his hair on fire to pay list. We are looking at rentals tomorrow, and that may be that, but it does raise the question here: are we slowing down?
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06/22/2007 Hike in overnight real estate rates
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Long-term mortgage interest rates posted gains Thursday, and the benchmark 10-year Treasury bond yield crept up to 5.19 percent.
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06/22/2007 Federal hearing begins in MLS antitrust complaint
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The administrative hearing is underway for a Michigan multiple listing service accused by the U.S. Federal Trade Commission of setting restrictions on a type of property-listing agreement in violation of antitrust law, and early witnesses called to testify include a broker for a flat-fee listing company and a publisher for a real estate information company.
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06/22/2007 Financial Markets Wary of Housing Market's Drag on Economic Growth
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McLEAN, VA -- Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.69 percent with an average 0.5 point for the week ending June 21, 2007, down from last week when it averaged 6.74 percent. Last year at this time, the 30-year FRM averaged 6.71 percent.
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