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Friday, September 04, 2009
Jumping off the condo bandwagon
I have to admit the recent sales numbers for condominiums from the National Association of Realtors had me scratching my head.
According to a May report (published in June), existing condominium and co-op sales increased 6.1 percent to a seasonally adjusted annual rate of 520,000 units in May from 490,000 in April but nevertheless were 8.9 percent below the 571,000-unit level in May 2008. More »
APR not best gauge of mortgage costs
Why basing decision on 30-year term is misleading
Appraisers don't determine home value
Letter to the Editor
Property taxes going ... down?
From Curbed.com blog
OTHER TOP STORIES
The new New Orleans
Signs of life in post-Katrina real estate market
MLSCloud growing fast
Site links to MLSs, Realtor associations
Seller disclosure: police calls included
Buyers file suit after partiers ruin neighborhood
Rent-to-own becomes raw deal
Rent it Right
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NOTABLE QUOTE
"Last week, you wrote an offer on one of my listings. It was a good offer -- all the i's were dotted and the t's crossed -- which is unusual as I get so many offers that I have to kick back to the buyer's agent. Then we got to the appraisal and there were some problems. " --Teresa Boardman
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