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Friday, October 23, 2009

Daily Real Estate News

---------- Forwarded message ----------
From: REALTOR(R) Magazine Online <NAR@newsletters.realtor.org>
Date: Fri, Oct 23, 2009 at 1:31 PM
Subject: Daily Real Estate News
To: john@johnjrose.com


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

October 23, 2009

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Big Rebound in Existing-Home Sales
NAR reports a nearly 10 percent jump in existing-home sales, thanks largely to first-time buyers.
Read more >
Home Sale Prices Fall in August
House prices fell slightly from July to August, the first decrease in seven months.
Read more >
IRS Urges Stronger Controls on Tax Credit
The Internal Revenue Service is recommending that the HUD-1 form be included in the tax returns of those claiming the credit.
Read more >
Practitioner Charged in Pot-Growing Case
A real estate professional in Northern California was netted in a bust of a marijuana-growing operation running out of empty homes.
Read more >
Consumer Watchdog Agency Advances
The House Financial Services Committee voted to create an agency to monitor consumer financial products, including mortgages. The bill will be up for a full House vote in coming weeks.
Read more >
Real Estate Exec Buys Madoff Property
Vornado Realty Trust Chair Steven Roth purchased the disgraced investor's beach house for $9.41 million.
Read more >

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Jumbo Freeze Might be Thawing
Edward Aiello: Persistence Is Key
Author Chat: Erik Qualman Explains How Social Networking is Changing the World
What Changes Are You Planning for 2010?
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Thursday, October 22, 2009

Let Trulia Guide you in the right direction

---------- Forwarded message ----------
From: Trulia Newsletter <updates@trulia.com>
Date: Thu, Oct 22, 2009 at 8:41 AM
Subject: Let Trulia Guide you in the right direction
To: john@johnjrose.com


Having trouble viewing this e-mail? http://www.trulia.com/email/anews200910B/www.trulia.com/newsletter" style="FONT-SIZE: 10px; COLOR: rgb(0,102,204); FONT-FAMILY: arial; TEXT-DECORATION: underline;" target="_blank">Click here.
http://www.trulia.com/email/anews200910B/www.trulia.com" style="COLOR: rgb(0,102,204);" target="_blank">Trulia Real Estate Search http://www.trulia.com/email/anews200910B/www.trulia.com/" style="COLOR: rgb(0,102,204);" target="_blank">Find Homes http://www.trulia.com/email/anews200910B/www.trulia.com/city/" style="COLOR: rgb(0,102,204);" target="_blank">Stats & Trends http://www.trulia.com/email/anews200910B/www.trulia.com/voices/" style="COLOR: rgb(0,102,204);" target="_blank">Advice & Opinions
October 22, 2009
http://www.trulia.com/email/anews200910B/info.trulia.com/index.php%3fs=57" style="COLOR: rgb(0,102,204); TEXT-DECORATION: none;" target="_blank">Past Newsletters
 
Let Trulia 'Guide' you in the right direction
Whether you’re thinking of buying or selling, financing or renting, it always helps to have support. That’s why we’ve put together Trulia Guides, which offers great tips onhttp://www.trulia.com/email/anews200910B/www.trulia.com/guides/home_buying/" style="FONT-WEIGHT: normal; FONT-SIZE: 12px; COLOR: rgb(0,102,204); FONT-FAMILY: arial; TEXT-DECORATION: none;" target="_blank">  Home Buying, http://www.trulia.com/email/anews200910B/www.trulia.com/guides/home_selling/" style="FONT-WEIGHT: normal; FONT-SIZE: 12px; COLOR: rgb(0,102,204); FONT-FAMILY: arial; TEXT-DECORATION: none;" target="_blank">Home Selling, http://www.trulia.com/email/anews200910B/www.trulia.com/guides/financing/" style="FONT-WEIGHT: normal; FONT-SIZE: 12px; COLOR: rgb(0,102,204); FONT-FAMILY: arial; TEXT-DECORATION: none;" target="_blank">Financing  and http://www.trulia.com/email/anews200910B//www.trulia.com/guides/rentals/" style="FONT-WEIGHT: normal; FONT-SIZE: 12px; COLOR: rgb(0,102,204); FONT-FAMILY: arial; TEXT-DECORATION: none;" target="_blank">Rentals. It’s a one-stop real estate solutions shop that will leave you ready to make those important decisions. Check out these three great articles below to ‘Guide’ you in the right direction.
http://www.trulia.com/email/anews200910B/www.trulia.com/voices/guides/" target="_blank">

How to find the perfect home
http://www.trulia.com/email/news200910B/www.trulia.com/guide/home_buying/find_a_house/10_tips_to_find_the_perfect_home/" style="FONT-SIZE: 12px; COLOR: rgb(0,102,204); FONT-FAMILY: arial; TEXT-DECORATION: none;" target="_blank">10 tips to find the perfect home
Written by Trulia, San Francisco, CA
1. Go for the long haul - When looking for a home, search for one that you could see yourself living in for several years -- at least five to seven years is ideal. Buying -- and moving -- to a new home takes a lot of time and effort, and can add up significantly in...
http://www.trulia.com/email/news200910B/www.trulia.com/guide/home_buying/find_a_house/10_tips_to_find_the_perfect_home/" style="FONT-SIZE: 11px; COLOR: rgb(0,102,204); FONT-FAMILY: arial; TEXT-DECORATION: none;" target="_blank">Read more or comment »

How to get top dollar for your home
http://www.trulia.com/email/news200910B/www.trulia.com/guide/home_selling/home_selling_strategies/top_10_tips_to_sell_your_home_for_top_dollar/" style="FONT-SIZE: 12px; COLOR: rgb(0,102,204); FONT-FAMILY: arial; TEXT-DECORATION: none;" target="_blank">Top 10 tips to sell your home for top dollar
Written by Trulia, San Francisco, CA
1. Price your home aggressively- Setting the right price for your home is the single most important decision you will make when you decide to sell. Go too high and you risk turning off every buyer in the marketplace, go too low and you leave…
http://www.trulia.com/email/news200910B/www.trulia.com/guide/home_selling/home_selling_strategies/top_10_tips_to_sell_your_home_for_top_dollar/" style="FONT-SIZE: 11px; COLOR: rgb(0,102,204); FONT-FAMILY: arial; TEXT-DECORATION: none;" target="_blank">Read more or comment »

How to know when to refinance
http://www.trulia.com/email/news200910B/www.trulia.com/guide/financing/refinancing/why_refinance_how_to_know_when/" style="FONT-SIZE: 12px; COLOR: rgb(0,102,204); FONT-FAMILY: arial; TEXT-DECORATION: none;" target="_blank">Why refinance: how to know when
Written by Trulia, San Francisco, CA
Refinancing is most often motivated by lower interest rates, which can bring the dual benefit of lower mortgage payments and lower interest costs over time. But there are many other legitimate motivations. Some are a product of…
http://www.trulia.com/email/news200910B/www.trulia.com/guide/financing/refinancing/why_refinance_how_to_know_when/" style="FONT-SIZE: 11px; COLOR: rgb(0,102,204); FONT-FAMILY: arial; TEXT-DECORATION: none;" target="_blank">Read more or comment »
 
House of the week | Glorious Jacobean estate with 70-ft marble pool
http://www.trulia.com/email/anews200910B/www.trulia.com/property/1081279009--Greenwich-CT%20" style="FONT-SIZE: 11px; COLOR: rgb(0,102,204); FONT-FAMILY: arial;" target="_blank">House of the week
$75,000,000 | 14 br | 13 full 4 partial ba | 21,897 sqft | Single-Family Home
Price reduced $20,000,000
http://www.facebook.com/sharer.php?u=http%3A%2F%2Fwww.trulia.com%2Fproperty%2F1081279009--Greenwich-CT&t=Address%20Not%20Disclosed%2C%20Greenwich%20CT%20-%20Trulia" target="_blank">
Where will you find a home with a winter garden and two 50-ft plus pools? In Greenwich, CT, that’s where. Decorated to perfection, each room boasts marble floors, limestone walls and double-height plaster tracery ceilings – not to mention the commanding views from the ceiling-high bay windows. The 52-foot indoor pool and 70-foot outdoor marble-reflecting pool will have any Olympic swimmer doing somersaults and dunks for joy. Ps- the kitchen has an ice cream machine for those late night sugar cravings. Better get your toppings ready.

http://www.trulia.com/email/anews200910B/www.trulia.com/property/1081279009--Greenwich-CT%20" target="_blank">

Obtaining a replacement cost estimate when buying a new home
http://www.statefarm.com/insurance/homeowners/undrhome.asp" target="_blank">
Celebrity home sightings | Get your superficial fix here
http://www.trulia.com/email/anews200910B/www.trulia.com/property/1040764567-32388-Regency-Ct-Avon-Lake-OH-44012" style="COLOR: rgb(0,102,204);" target="_blank">
http://www.trulia.com/email/anews200910B/www.trulia.com/property/1040764567-32388-Regency-Ct-Avon-Lake-OH-44012" style="FONT-WEIGHT: normal; FONT-SIZE: 11px; COLOR: rgb(0,102,204); LINE-HEIGHT: 13px; FONT-FAMILY: arial; TEXT-ALIGN: left; TEXT-DECORATION: none;" target="_blank">Rumored to be traded soon, Cleveland Browns QB, Brady Quinn, has listed his secluded home with steam shower, heated floors and a full service wet bar
$775,000
4bd / 3 full 2 partial ba
4,561 sqft
http://www.facebook.com/sharer.php?u=http%3A%2F%2Fwww.trulia.com%2Fproperty%2F1040764567-32388-Regency-Ct-Avon-Lake-OH-44012&t=32388%20Regency%20Court%2C%20Avon%20Lake%20OH%20-%20Trulia%20" target="_blank">
http://www.trulia.com/email/anews200910B/www.trulia.com/property/1087433787-8222-Marmont-Ln-Los-Angeles-CA-90069" style="COLOR: rgb(0,102,204);" target="_blank">
http://www.trulia.com/email/anews200910B/www.trulia.com/property/1087433787-8222-Marmont-Ln-Los-Angeles-CA-90069" style="FONT-WEIGHT: normal; FONT-SIZE: 11px; COLOR: rgb(0,102,204); LINE-HEIGHT: 13px; FONT-FAMILY: arial; TEXT-ALIGN: left; TEXT-DECORATION: none;" target="_blank">James Franco, the Green Goblin in the newest Spider-Man movies, lists his Sunset Strip villa with a stunning master suite boasting awesome city views
$3,695,000
3bd / 3.5ba
4,000 sqft
http://www.facebook.com/sharer.php?u=http%3A%2F%2Fwww.trulia.com%2Fproperty%2F1087433787-8222-Marmont-Ln-Los-Angeles-CA-90069&t=8222%20Marmont%20Lane%2C%20Los%20Angeles%20CA%20-%20Trulia%20" target="_blank">
http://www.trulia.com/email/anews200910B/www.trulia.com/property/1087923494-6076-Manchester-Dr-Oakland-CA-94618" style="COLOR: rgb(0,102,204);" target="_blank">
http://www.trulia.com/email/anews200910B/www.trulia.com/property/1087923494-6076-Manchester-Dr-Oakland-CA-94618" style="FONT-WEIGHT: normal; FONT-SIZE: 11px; COLOR: rgb(0,102,204); LINE-HEIGHT: 13px; FONT-FAMILY: arial; TEXT-ALIGN: left; TEXT-DECORATION: none;" target="_blank">With a fondness for kohl-colored eyeliners, Green Day’s lead vocalist, Billie Joe Armstrong is selling his French Normandy pad with amazing panoramic views
$4,850,000
5bd / 4 full 2 partial ba
6,122 sqft
http://www.facebook.com/sharer.php?u=http%3A%2F%2Fwww.trulia.com%2Fproperty%2F1087923494-6076-Manchester-Dr-Oakland-CA-94618&t=6076%20Manchester%20Drive%2C%20Oakland%20CA%20-%20Trulia%20" target="_blank">
Advice & opinions | Get insightful, fast, FREE advice on home buying & selling
Question of the week

Q: http://www.trulia.com/email/anews200910B/www.trulia.com/voices/Market_Conditions/Is_it_standard_practice_for_a_realtor_with_a_listi-172508--oldest" style="FONT-WEIGHT: bold; FONT-SIZE: 12px; COLOR: rgb(0,102,204); TEXT-DECORATION: none;" target="_blank">Is it standard practice for a realtor with a listing to follow-up with a potential buyer’s agent after a showing?
Asked by Rkfwheaton, Home Seller in Wheaton, IL

Yes, it's normal. Buyer's agents are not always "prompt" in returning feedback phone calee persistent about getting those feedback calls…
http://www.trulia.com/email/anews200910B/www.trulia.com/voices/Market_Conditions/Is_it_standard_practice_for_a_realtor_with_a_listi-172508--oldest" style="FONT-WEIGHT: normal; FONT-SIZE: 12px; COLOR: rgb(0,102,204); FONT-FAMILY: arial; TEXT-DECORATION: none;" target="_blank">Read more or reply »

Real estate eye candy | Trulia picks
Spook-tacular towns

Sure, each of these towns have been noted for its spook-tacular history, but that doesn't mean there aren't any great homes to accompany it. If you’re up for a treat this Halloween, check out these homes and get the low-down on its history.
http://www.trulia.com/email/anews200910B/www.trulia.com/property/1082899552-2925-Palmer-St-New-Orleans-LA-70118" style="COLOR: rgb(0,102,204);" target="_blank">
http://www.trulia.com/email/anews200910B/www.trulia.com/property/1082899552-2925-Palmer-St-New-Orleans-LA-70118" style="COLOR: rgb(0,102,204); TEXT-DECORATION: none;" target="_blank">New Orleans, LA
$365,000
6 br | 5 ½ ba | 5,000 sqft
http://www.trulia.com/email/anews200910B/www.trulia.com/mortgage/calculator/payment/property/1082899552-2925-Palmer-St-New-Orleans-LA-70118%20" style="COLOR: rgb(0,102,204); TEXT-DECORATION: none;" target="_blank">Calculate mortgage

http://www.facebook.com/sharer.php?u=http%3A//www.trulia.com/property/1082899552-2925-Palmer-St-New-Orleans-LA-70118&t=2925%20Palmer%20Street,%20New%20Orleans%20LA%20-%20Trulia%20" target="_blank">

http://www.trulia.com/email/anews200910B/www.trulia.com/property/1064427259-400-Miltonberger-Rd-Gettysburg-PA-17325" style="COLOR: rgb(0,102,204);" target="_blank">
http://www.trulia.com/email/anews200910B/www.trulia.com/property/1064427259-400-Miltonberger-Rd-Gettysburg-PA-17325" style="COLOR: rgb(0,102,204); TEXT-DECORATION: none;" target="_blank">Gettysburg, PA
$395,000
3 br | 2 ½ ba | 3,908 sqft
http://www.trulia.com/email/anews200910B/www.trulia.com/mortgage/calculator/payment/property/1064427259-400-Miltonberger-Rd-Gettysburg-PA-17325%20" style="COLOR: rgb(0,102,204); TEXT-DECORATION: none;" target="_blank">Calculate mortgage

http://www.facebook.com/sharer.php?u=http%3A//www.trulia.com/property/1064427259-400-Miltonberger-Rd-Gettysburg-PA-17325&t=400%20Miltonberger%20Road,%20Gettysburg%20PA%20-%20Trulia%20" target="_blank">

http://www.trulia.com/email/anews200910B/www.trulia.com/property/1052534507-11-Lakeview-Dr-Galveston-TX-77551" style="COLOR: rgb(0,102,204);" target="_blank">
http://www.trulia.com/email/anews200910B/www.trulia.com/property/1052534507-11-Lakeview-Dr-Galveston-TX-77551" style="COLOR: rgb(0,102,204); TEXT-DECORATION: none;" target="_blank">Galveston, TX
$345,000
4 br | 2 ½ ba | 2,692 sqft
http://www.trulia.com/email/anews200910B/www.trulia.com/mortgage/calculator/payment/property/1052534507-11-Lakeview-Dr-Galveston-TX-77551" style="COLOR: rgb(0,102,204); TEXT-DECORATION: none;" target="_blank">Calculate mortgage

http://www.facebook.com/sharer.php?u=http%3A%2F%2Fwww.trulia.com%2Fproperty%2F1052534507-11-Lakeview-Dr-Galveston-TX-77551&t=11%20Lakeview%20Drive%2C%20Galveston%20TX%20-%20Trulia" target="_blank">

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What do you think?
Not sure whether you should rent or buy? http://www.trulia.com/email/anews200910B/www.trulia.com/rent_vs_buy/%20" style="COLOR: rgb(0,102,204); TEXT-DECORATION: none;" target="_blank">Compare the costs of renting vs. owning a home and find out which is better for you!

Closing.com
http://www.closing.com/partner/trulia/" style="FONT-SIZE: 12px; COLOR: rgb(0,102,204); FONT-FAMILY: arial,helvetica,sans-serif; TEXT-DECORATION: none;" target="_blank">Quick Calculator
http://www.closing.com/partner/trulia/" style="FONT-SIZE: 12px; COLOR: rgb(0,102,204); FONT-FAMILY: arial,helvetica,sans-serif; TEXT-DECORATION: none;" target="_blank">Save on Closing Costs

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Wednesday, October 21, 2009

Inman PM: REO adventures in 'Lender Land'

---------- Forwarded message ----------
From: Inman News Headlines <dailynews@inman.com>
Date: Wed, Oct 21, 2009 at 4:25 PM
Subject: Inman PM: REO adventures in 'Lender Land'
To: JOHN@johnjrose.com


Inman News: PM Edition Get Free Broker Analysis Report
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Wednesday, October 21, 2009

Premium Members REO adventures in 'Lender Land'
By KRIS BERG Talk about your unintended consequences. Two weeks ago, I was innocently watching Twitter when someone linked to a clever animated video spoof on social media. At the end of the video and to my surprise, I learned that I too could make a funny little video by visiting the site shown in the credits -- for free! Being me and all, I took the bait. More »

Critics question homebuyer tax credit
Push for extension stimulates debate

Demand for mortgages off as rates rise
Refinancings account for 2 in 3 applications

Losing home to lender fraud
Law of the Land

OTHER TOP STORIES

Those who lack, innovate

Beware of real estate scammers

Russians eye New York real estate

Breaking open brokerages

Latest News »


NOTABLE QUOTE

Premium Members "Unfailingly rendering human the personae we all have come to know and love (or not so much) as playing leading roles in this economic melodrama, Norberg concisely, yet richly, tells the tale of how -- in his opinion -- government tangled with Wall Street tangled with the voracious appetites of individual consumers to manifest the recent collapse of various banks, the housing bubble and burst, and the general recession." --Tara-Nicholle Nelson

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