JOHN ROSE
REALTY ASSOCIATES
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john@johnjrose.com www.johnjrose.com ---------- Forwarded message ----------
From:
REALTOR(R) Magazine Online <NAR@newsletters.realtor.org> Date: Fri, Oct 30, 2009 at 1:06 PM
Subject: Weekly Real Estate News
To:
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 | | | | |  | |  | Homebuyer Credit Gets New Life
The Senate has tentatively agreed to extend and expand the First-Time Homebuyer Tax Credit until mid-2010.
Read more > | | | House Committee Weighs Scrapping HVCC
The appraisal system implemented last May could be ended as part of legislation for a new Consumer Financial Protection Agency.
Read more > | | | New-Home Sales Decline
After a steady rise, new-home sales dipped by 3.6 percent in September with the West and South being the hardest hit.
Read more > | | | Consumers Use Meltdown to Reduce Debt
The Federal Reserve reports that U.S. household debt is decreasing. However, many Americans are still late on payments.
Read more > | | | House Panel Probing Mortgage Practices
An investigation will examine the role of mortgage lenders and whether they used predatory practices to lure borrowers, leading to the economic crisis.
Read more > | | | NAR Lauds Extension of Higher Loan Limits
Congress quickly passed a resolution that extends the current Fannie, Freddie, and FHA mortgage loan limits through 2010.
Read more > | | | Housing Pain May Not Be Over
Concerns arise that the current recovery may be tenuous because it is largely government sponsored.
Read more > | | | Stemming the Wave of Foreclosures
2009 Good Neighbor Finalist Jeff Schrager tackles the foreclosure problem, one house at a time.
Read more > | | | Foreclosures Tricks and Treats
HGTV real estate Web site Frontdoor.com explains the "tricks and treats" of buying a foreclosure.
Read more > | | | 10 Safest Places to Live in the U.S.
Forbes magazine compiles a list of the areas least affected by accidents, crime, and weather disasters.
Read more > | | | Mortgage Applications Fall Again
Volume dropped 12.3 percent last week, though interest rates were also down, according to the Mortgage Bankers Association.
Read more > | | | Advertisement
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