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Friday, January 15, 2010

Weekly Real Estate News

Thanks,

JOHN ROSE
REALTY ASSOCIATES
561-414-0012 PHONE
561-210-7111 FAX  
john@johnjrose.com
www.johnjrose.com


www.google.com/profiles/jrosegslimo


---------- Forwarded message ----------
From: REALTOR(R) Magazine Online <NAR@newsletters.realtor.org>
Date: Fri, Jan 15, 2010 at 1:34 PM
Subject: Weekly Real Estate News
To: john@johnjrose.com


If you have trouble reading this e-mail click here.

January 15, 2010

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Expanded Tax Credit Offers Big Opportunity
Less than four months remain before the home buyer tax credit expires. Real estate pros can do a lot in adding the tax break to their marketing efforts and get buyers moving. Here's how.
Read more >
Industry Faults New Home Appraisal Regulations
Trade associations say that the new regulations have resulted in appraisers being assigned to unknown territory.
Read more >
Good Neighbor Award Winner Heading to Haiti
Patrick Moore, a 2007 Good Neighbor Award recipient, is preparing for his 64th trip to Haiti in the wake of the earthquake that recently devastated the island nation.
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FHA Cracks Down on Dubious Lenders
The agency Tuesday served subpoenas on 15 mortgage companies with high default rates for FHA-backed loans.
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Analyst: Housing a Good Investment in 2010
Read some more of Forbes housing reporter Francesca Levy's predictions on the real estate market for this year.
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Fed: It's Time the Market Stands on its Own
April 1 will mark the first day that the Federal Reserve ends its debt purchase program and allows the U.S. mortgage market to operate unassisted. What will this mean for rates?
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Home Buyers Face Tax-Credit Delays
Delays of tax-credit rebates for eligible home purchases are expected over the next few months due to paperwork issues.
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Record Number of Foreclosures in 2009
Foreclosures in 2009 rose 21 percent nationwide over 2008, according to RealtyTrac. Half of the total foreclosures were in California, Florida, Arizona, and Illinois.
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Long Recovery Ahead for Commercial
It could be years before the commercial real estate industry recovers from the weak economy and bad debt, according to analyst Kenneth Laub.
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White Lies Some Sellers Tell
In this market, some sellers aren't as honest as they should be. Here's a short list of common misrepresentations.
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Fewer Sellers Cut Home Prices, for Now
Real estate Web site Trulia reports a decrease in the number of sellers reducing their list price.
Read more >

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How Do You Keep Your Home Office Organized?
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