Weekly Real Estate News

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

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---------- Forwarded message ----------
From: REALTOR(R) Magazine Online <NAR@newsletters.realtor.org>
Date: Fri, Jan 8, 2010 at 3:24 PM
Subject: Weekly Real Estate News
To: john@johnjrose.com

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January 8, 2010 Advertisement Make 2010 the year that you sell 10 or more homes to Internet buyers. We’ll do everything required to bring them to you; you sell them…Learn more Pending Home Sales Down From Surge Though the index fell in November 2009, pending home sales are up from the same period in 2008. Read more > Foreclosures Weigh on Home Appraisals High volumes of foreclosure sales are causing difficulties in getting accurate appraisals of non-forclosure homes in the same neighborhood. Read more > Will Home Prices Go Down in 2010? Some researchers say 2010 isn't looking good for home prices, while others predict increases this year with help from the home buyer tax credit and job creation. Read more > Rep. Frank Argues for Cramdown Legislation The chair of the House Financial Services Committee wants judges to be able to modify mortgages. Read more > Cutting Mortgage Principal Decreases Defaults A study by the Federal Reserve Bank of New York finds that borrowers were less likely to default when their balances were reduced along with their interest rates. Read more > Grant, Mentoring Program Seeks Practitioners Practitioners involved in small-scale charitable activities can get financial help and a guiding hand so they can build on their efforts. Read more > Homes for Sale Hit Expected End-of-Year Lull A sampling from some companies points to a typical drop in available homes for the time of year. Read more > Record Year for Mortgage Company Failures In 2009, more than 225 mortgage related operations closed. Read more > Fed Chair Says Don't Blame Low Rates Ben Bernanke says that the central bank's low interest rates didn't cause the housing bubble, and points to lack of regulation as the main reason. Read more > Commercial Defaults Pose Risks to Small Banks The default rate doubled to 3.4 percent in the third quarter of 2009, hitting regional banks the hardest. Read more > Advertisement Want to WIN a 10-Day Caribbean Cruise for YOU and 3 Guests? You deserve a shuffleboard-fruity-drink-flip-flop-style vacation. Celebrating 10 years of helping real estate professionals succeed, Market Leader invites you to ENTER TO WIN! Is the New GFE an Improvement? Swallow the Frog in Getting the Price Reduction Broker Solutions: Tapping Social Networks 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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