[source:SmartMoney.com]
IT’S A HOMEOWNER’S worst nightmare: selling your home at a loss. Sadly, with the real estate market slowing, more folks are discovering that, yes, this can actually happen.
The worst-case scenarios are when folks borrowed heavily to buy in at the top or took out big home-equity loans while prices were inflating — two situations that […]
Archive for April, 2007
150-story skyscraper could become tallest in U.S
Published April 23rd, 2007 in Chicago Real Estate. 0 CommentsAnd yes, it will be in Chicago
The city’s planning board has endorsed a proposal for a twisting lakefront tower that would become the nation’s tallest building.
With Thursday’s approval from the Chicago Plan Commission, the design and site plan for the 2,000-foot Chicago Spire goes to the city zoning committee next week.
“This is a […]
MORTGAGE LENDERS make no bones about it: They are tougher on second-home loan applications than on primary-home loans. Why? Because the finances of a second-home buyer are, by definition, stretched thinner. The result is that second-home rates traditionally run one-quarter to one-half point higher than those for first residences. Ditto for origination points on vacation-home […]
Great article on SmartMoney.com. Foreclosure properties are always risky and there are so many factors to take in consideration, which makes the whole process very unpleasant or, better yet, confusing.
LAST MONTH, 43-YEAR-OLD Daryl White and his wife Renée closed on their new home: a five-bedroom, four-bathroom 2,900 square-foot house in Valencia, Calif., a planned community […]
Home building ticked up unexpectedly in March
Published April 18th, 2007 in Real Estate News. 0 CommentsHousing starts rose to an annual pace of 1.52 million in March, the Census Bureau reported, from a revised 1.51 million rate in February. Economists surveyed by Briefing.com had forecast the pace of building would slow to a 1.5 million rate in March.
But most of the country saw a decline from February’s pace of housing […]
Zillow EZAds, a good way to advertise yourself and your listings
Published April 12th, 2007 in Marketing Tools. 0 CommentsZillow.com has launched ‘Zillow EZ Ads’, a self-service way for agents, other professionals and home sellers to buy ads on Zillow map pages for specific ZIP code searches. In case you missed my previous articles on Zillow, here is a short summary: Zillow.com is an online real estate service dedicated to helping you get an […]
Popular heatmap mashup Neighboroo rolled out a new update
Published April 12th, 2007 in Marketing Tools. 1 CommentNeighboroo has added new features to their website yesterday. The new release has a design improvement as well. With these new updates, Neighboroo adds property data (sales prices, real estate values) from Trulia, real time market activity from Altos Research and neighborhood video from Turnhere..
The real estate map provided by them is very complex, […]
Here is something to be proud of: Thad Wong, our @properties co-founder, has an interesting article on MSN.com.
Four things to look at
The phrase “up-and-coming” can sometimes be code for a dangerous area, so it’s important to make sure you’re comfortable with the neighborhood and the potential risk it may pose to you as an […]
[source:SmartMoney.com]
A GOOD CHUNK OF the U.S. population refuses to give up renting. We’re not sure how many renters are stubborn hold-outs (the U.S. census doesn’t measure in terms of obstinacy, although we do know that the majority of Americans — about 69% — own their own home). For many, the American Dream is simply out […]
There are 5 things any client should expect from their realtor in terms of showings and open houses.
The realtor should try their best to schedule a showing appointment 24 hr in advance, this will give you time to prep your house and make it look best.
The realtor should help the client with […]
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