May
19
Protected: Real Estate Graduate Call 5-19-08
There is no excerpt because this is a protected post.
May
16
Chief Economist Speaks on Real Estate Market
Some interesting thoughts came out of a meeting where the National Association of Realtors’ Chief Economist, Lawrence Yun spoke. He was on-point talking about very relevant topics facing the real estate market, namely, pricing, sales numbers, lending industry and the overall economic picture. Home Sales, Prices Seen Rising in Late ’08 First, the good news: home sales have stabilized over the last seven months and should increase slightly in the second half of 2008, NAR Chief Economist Lawrence Yun told a crowd of REALTORS® at NAR’s Midyear Legislative Meetings & […]
May
15
WHEN THE BANK FREEZES YOUR LINE OF CREDIT
When the Bank Freezes Your Line of Credit By JUNE FLETCHER May 15, 2008 FROM THE WALL STREET JOURNAL Across the U.S., sellers with good credit who have never been late on a mortgage payment are getting their home equity lines of credit (HELOCs) frozen or downgraded. Major lenders like Bank of America, Citibank, Countrywide Financial Corp., Washington Mutual Bank and USAA have announced that they’re cutting back HELOCs in areas where home prices have taken a hit. But judging by a recent post about HELOCs on WSJ.com’s Developments blog […]
May
15
A COMMERCIAL REAL ESTATE SURVIVAL PLAN
A Commercial Real Estate Survival Plan Submitted on 05/08/2008 From NetGain Real Estate Based on all the relevant economic data, what do the next twelve months have in store? NetGain has stated on numerous occasions that the next twelve months will be a difficult time for commercial real estate investors. You don’t need a degree in economics to know that consumers account for a majority (70%) of the economy and that as a group employed people propel the economy. From these deductions, one only has to look for two words […]