Tuesday, April 21, 2009

FW: Inman PM: Location, location, affordability

 

 

 

From: Inman News Headlines [mailto:dailynews@inman.com]
Sent: Tuesday, April 21, 2009 4:06 PM
To: mark@itsyoursale.com
Subject: Inman PM: Location, location, affordability

 

Inman News: PM Edition

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TODAY'S TOP STORIES
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Tuesday, April 21, 2009

Location, location, affordability
Forget "Leaving Las Vegas." This story is more like "Leaving FOR Las Vegas." And if it were made into a movie, it would be about people who've fled Los Angeles for more affordable housing out of state.

A friend of mine, who asked to remain anonymous, recently bought a house in Las Vegas. She's a career elementary school teacher who's concerned, and not without good reason, that she might lose her job due to state budget cutbacks. The house in Las Vegas is her backup plan in case she loses her position, or alternatively, retires as planned within the next five or six years and wants to move there. ... CONTINUED


Moving on: Life after real estate
Market, other factors lead some Realtors to new careers


First-time buyer tax credit a hit
Program on track to exceed 2 million target


Long & Foster offers payment protection
Sellers fund insurance program for buyers


More Headlines »


INMAN IN-DEPTH

Inman News Premium Membership Has Its Benefits - Join Today!Don't fear the pink slip
Payment protection plans that promise to cover homebuyers' mortgage payments for a time if they lose their jobs are becoming an increasingly popular marketing tool for mortgage lenders, homebuilders and Realtors.

Inman News Premium Membership Has Its Benefits - Join Today!Foreclosure wave falls flat in some states
While the number of nationwide foreclosure filings increased nearly 30 percent from February 2008 to February 2009 -- and states such as Nevada, Arizona, California and Florida continue to post the highest foreclosure rates -- often overlooked are those states that have consistently posted the nation’s lowest foreclosure rates.

Inman News Premium Membership Has Its Benefits - Join Today!Short sales, REOs contribute wave of lawsuits
An increase in short-sale attempts has resulted in an uptick in short-sale lawsuits, while the recent increase in loan-modification attempts could result in future litigation, according to a presentation at the San Diego Association of Realtors Expo earlier this month.

Connect SF 09


Free Lead Generators: What You Need to Know to Get Them to Work for You. Top Agents share simple changes to your real estate ads to get the most out of free sites like CraigsList, Kijiji, BackPage ... READ MORE »


NOTABLE QUOTE

"They're not just doing an investigation, they're laying the groundwork to open up the doors of commerce." --Chris Ballard


Other Top Stories

BofA hiring 5,000 to meet refi demand
First-quarter profits beat all of 2008

Realtor association launches ratings program
Members can choose to opt out

HomeGain starts 'green' campaign
Real estate tech brief

Fannie Mae gets new CEO
Herb Allison leaving to oversee TARP program


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