Monday, June 8, 2009

FW: Inman PM: Real estate's perfect storm?

 

 

 

From: Inman News Headlines [mailto:dailynews@inman.com]
Sent: Monday, June 08, 2009 4:51 PM
To: mark@itsyoursale.com
Subject: Inman PM: Real estate's perfect storm?

 

Inman News: PM Edition

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Monday, June 08, 2009

Real estate's perfect storm?
This year's National Association of Realtors midyear conference was packed with information that can help your business. Today's column covers some important highlights.

1. The perfect storm -- Robert Sibcy of Sibcy Cline Realtors argued that we are in the exact opposite of the "perfect storm" for real estate. Sibcy contends that now is absolutely the best time ever to purchase real estate. Consumer confidence is increasing, the housing affordability index is the best it has been in 40 years, and interest rates are hovering around 5 percent. More »

More options for Home Affordable refis
Freddie to allow use of any affiliated lender


Debating fairness of upfront tax credit
Mood of the Market


Check permits before purchase
Illegal additions hurt resale value, add to costs


No reason for reduced commission?
Lowered asking price already cuts compensation

OTHER TOP STORIES

Helping borrowers who don't deserve it
How much is enough?

A new look for MLS
Essay contest: What would you change?

The 'Twittersphere' on Realtors
Tweet Estate Update, Vol. 4

CAR offers iPhone app
Realtor association is first with smart phone app

MLSListings teams with Tarasoft, Listingbook
Real estate tech brief

One fourth of sellers reduce asking price
Trulia lists markets with most, biggest reductions

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