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02/18/2008 Hangin' in the realty office
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I've been finishing up my continuing education (five hours to go) so I've been in the office nearly every day for a week.
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02/18/2008 High-priced property needs global marketing approach
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02/15/2008 Countrywide sees big drop in January purchase loans
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Countrywide Financial Corp. saw mortgage loan production fell 6.5 percent in January from the previous month, to $21.9 billion, as an increase in refinancings failed to offset a 24.5 percent decline in purchase loan production.
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02/15/2008 Radian group’s losses top $1 billion
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Net premiums written for the quarter were up 11.1 percent from a year ago, to
$309.6 million, but were more than offset by a $458.5 million write-down in the
value of derivative investments and a $687.8 million boost in mortgage insurance
loss reserves.
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02/15/2008 Credit crisis moves beyond banks
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At the worst of Thursday, the lowest-fee, 30-year fixed-rate mortgages touched 6.25 percent (yes, that's a "six").
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02/15/2008 California new-home sales fall 31% in 2007
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New-home sales dropped 31.1 percent in 2007 compared to the prior year in California and the median price of new homes dropped 3.8 percent, the California Building Industry Association and Hanley Wood Market Intelligence reported today.
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02/15/2008 Overnight real estate rates still rising
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Long-term mortgage interest rates rose again Thursday, and the benchmark 10-year Treasury bond yield increased to 3.81 percent.
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02/15/2008 Illinois broker amends antitrust lawsuit
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An antitrust lawsuit filed against Illinois real estate companies, Realtor associations and individuals has been revamped in an effort to meet new standards that relate to a U.S. Supreme Court decision.
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02/15/2008 Congress looks into foreclosure rescue scams
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Rising mortgage delinquencies and foreclosures have created a "target-rich environment" for rescue scam operators, a Federal Trade Commission official told members of a Senate committee looking into scams aimed at the elderly.
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02/15/2008 Marketing tips Realtors can't afford to ignore
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Real estate professionals spend millions of dollars in print and Web marketing. Are you spending your money wisely or are you wasting it needlessly?
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