Weekly Real Estate News

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From: REALTOR(R) Magazine Online <NAR@newsletters.realtor.org>
Date: Fri, Oct 16, 2009 at 3:08 PM
Subject: Weekly Real Estate News
To: john@johnjrose.com

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October 16, 2009 Advertisement AGENT ALERT: NAR reports 84% of buyers search for homes on the web. Get the FREE Agent Success Kit and see how you can win more sales online. Act now and receive up to $500 worth of FREE online advertising! Economists Predict Housing Recovery Experts believe that 2010 will be the first year since 2005 that housing will help the U.S. economy. Read more > Congress Debating the Tax Credit Some lawmakers are wondering whether extension and expansion of the housing incentive make sense. Read more > Prediction: Homes Sales to Rise 11 Percent Mortgage Bankers Association predicts increased home sales at the lower end of the market in 2010, with prices continuing to fall into the first quarter of next year. Read more > Buyers Must Hurry to Meet Credit Deadline Mortgage application paperwork has to be ready to go, though short-sale purchases should be avoided to make the Nov. 30th deadline. Read more > BoA Struggles With Loan Modifications Only 11 percent of Bank of America's delinquent borrowers eligible for the Making Home Affordable were able to refinance, despite the lender's efforts to approve more cases. Read more > HUD Won't Delay New RESPA Rules The Department of Housing and Urban Development says it's imperative that the new rules take effect on schedule, but Congress may intervene. Read more > Seller Optimism Causing Price Climb Housing economist concludes that the current run-up in home prices is just a blip on the market radar. Read more > One Wish At A Time 2009 Good Neighbor Finalist Michelle Phaup raises millions of dollars one bowl-a-thon at a time in order to fulfill terminal patients' last wishes. Read more > Renewed Attention to Halting Foreclosures Pennsylvania Congressman Joe Sestak is proposing legislation that would provide underwater home owners with new FHA mortgages. Read more > Polish Your Real Estate Elevator Speech Practitioners should hone their 30-second real estate pitch to distinguish themselves from the pack. Read more > Plan Nears on Commercial Loan Mods Bank regulators are seeking a way to get banks to modify real estate debt before it comes due. Read more > Advertisement SAVE 55% OFF Entertainment® 2010 Coupon Books. The Perfect Client Gift w/$1000s in savings - Ideal for Holidays, Closings & Referrals.  Order Today! Bailout Nation: The Dynamics of the Downturn How I Sold It: Tapping Creative Financing Guiding Your Clients Through Home Modifications Standout Brokers: The Trend Spotters Staging in a Virtual Reality Commercial Auctions: Let the Bidding Begin Unsubscribe from this e-mail newsletter. Manage E-mail Preferences: To change your e-mail address, or manage your subscriptions, please log in to your REALTOR.org account. Your REALTOR.org username is JROSEGSLIMO. Customer Support: Visit our customer support page for help with your account. Advertising Inquiries: Learn how you can advertise in this e-mail newsletter. Privacy Policy SPONSORS

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