Archive for August, 2010

DeedStreet RE NewsRoll 8/17/10

Posted on August 17th, 2010 in Deedstreet News | 4 Comments »

LAKE GENEVA, WI
WHAT’S AHEAD FOR LAKE GENEVA MORTGAGE RATES THIS WEEK: AUGUST 16, 2010
Lake Geneva mortgage markets worsened last week, putting a pause on the mortgage rate rally that dates to mid-April. Mortgage rates rose across Wisconsin last week and home affordability suffered. The Refi Boom remains in full effect, but rates are not as dazzling as they were a week ago. It’s somewhat strange that Lake Geneva mortgage rates rose last week given the heavy dose…Rest of Story…

SEATTLE, WA
My Seattle Blogs: If You See A ‘Dislike’ Button on Facebook…You Will Not Like It!
In what appears to be another in a list of scams going around, a “Dislike” button offer users a way to express their displeasure to a variety of things that bother them on Facebook. If you see such a message, status update or request to get this button…run, don’t walk and delete it immediately. Reportedly, many have already fallen for this scam by filling out a survey that disguises…Rest of Story…

US – E-COMMERCE
Liberty Media’s spinoff plan faces debt threat
Liberty Media Corp.’s plan to spin off its ecommerce businesses into a free-standing, public company has triggered a bondholder objection that could make $4.7 billion of Liberty Media’s debt immediately payable. The Douglas County-based media conglomerate filed suit in Delaware Chancery Court seeking an injunction and a legal determination that would stave off the bondholder…Rest of Story…

US – BLOGGING
10 Blogger Must Reads
I haven’t done one of these posts in a while because life has been quite hectic with my move. But, I couldn’t resist sharing all of these great posts that I discovered last week. I hope you enjoy them as much as I did…Rest of Story…

US – HOUSING
August 2010 Real-time Housing Report
Here’s a preview of our August 2010 Real-time Housing Report: This month’s housing data confirms what we’ve been saying for some time: the mini-”boom” of this spring was created by seasonal demand, with some extra help from pressure to meet deadlines for capitalizing on tax credits. Now that those are gone, buyer activity has all but come to a standstill. Download a copy of this…Rest of Story…

Housing Market Insight – Week of August 16th
Looking back, last week offered the much awaited HAMP program re-default rate revisions, an update on interest rates, mortgage purchase activity, and a quick count of REO inventory over at Fannie, Freddie, and FHA. We finish up with some thoughts on the current deflation scare and what it means to you as an investor. HAMP Re-default Rates Revised – The revised re-default rates…Rest of Story…

WORTHINGTON, OH
Worthington condos for sale
This graph shows Worthington condominiums for sale for the past 15 months. The condos are all those in the Worthington City School District. There is a 17.6 month supply based on the current rate of sales, that is up 71% from July of 2009. Sales of condominiums were down 36.4% from a year ago. If you are looking to get into a Worthington condo from a single family this may be a…Rest of Story…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.

DeedStreet RE NewsRoll 8/16/10

Posted on August 16th, 2010 in Deedstreet News | 2 Comments »

COLUMBUS, OH
Olentangy schools homes for sale
The graph shows the inventory of single family homes for sale in the Olentangy Local School District for the past 15 months. There were 9.6 months of inventory available at the end of July 2010 based on the current rate of home sales. Home sales were down 29.2% in July 2010 from the previous year, sale prices are up 9.6% from July 2009. Olentangy Local School District is in Delaware…Rest of Story…

PHILADELPHIA, PA
Philadelphia Housing Authority chief Carl Greene facing foreclosure
The mortgage foreclosure crisis has claimed an unlikely victim: Carl R. Greene, executive director of the Philadelphia Housing Authority (PHA). Wells Fargo Bank has foreclosed on Greene’s $615,035 condominium in the upscale Naval Square development in the city’s Schuylkill section. In a lawsuit filed July 27, Wells Fargo said the amount in dispute was $386,685.22…Rest of Story…

SAN ANTONIO, TX
Heat advisory in effect through 8 p.m.
Temperatures at the San Antonio International Airport are projected to reach at least 100 degrees for the third time this summer Monday, when a heat advisory is in effect until 8 p.m. The National Weather Service issued the advisory to remind people to drink fluids, check up on elderly relatives and neighbors, keep young children in the shade and properly hydrate pets. It applies to most…Rest of Story…

SEATTLE, WA
My Seattle Blogs: The Power of Joining a LinkedIn Group
Over the weekend, I was sent a thread that was created by Michelle Hummel in a group I just recently joined on LinkedIn called Social Media Marketing. As with some threads, this simple yet interesting discussion topic was presented to the group that seemed to strike a cord and get a lot of folks attention. In this case, Michelle (see her fan page) had titled a very simple post called…Rest of Story…

US – BANKRUPTCY
Bankruptcy puts half a house on auction block
A recent survey found that the majority of Americans wouldn’t even consider buying a foreclosure, and that the number is growing as more people become aware of some of the problems that can accompany the purchase of a distressed home. Are distressed homes worth it? Which kind of makes one wonder if anyone at all will bid on half of a $300,000 home that’s for sale in Bay…Rest of Story…

US – THE WORST
The Worst Is Over, Some Experts Conclude
With housing recovering slowly, most economists predicted in a recent survey that it will take at least five years for average home prices to climb back to the levels they commanded in 2006. This year, some hard-hit areas may see another dip, but properties values will most likely rise. “Softness in the summer months will be followed by firming conditions and momentum as the year unfolds…Rest of Story…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.

DeedStreet RE NewsRoll 8/13/10

Posted on August 13th, 2010 in Deedstreet News | 2 Comments »

CLARENDON-COURTHOUSE, VA
Clarendon-Courthouse Real Estate Market Update for July 2010 – Prices Up and Stabilizing
Clarendon-Courthouse area, defined typically by the zip code 22201 from VA Square to Courthouse, Rt 50 to Rt 29, is usually one of the most popular areas along the Orange Line, and the area of several new construction projects in North Arlington. You can also read DC’s UrbanTurf Spotlight on Clarendon for more information. So how has the real estate market in this area survived over…Rest of Story…

COLUMBUS, OH
Bamboo Flooring. Is it hard or soft?
I have NOT run into a lot of bamboo flooring in Central Ohio. This is another Re-Blog of a post from Debbie Gartner a floor covering expert in New York for Central Ohio readers. Via Debbie Gartner – Floor Coverings International (Floor Coverings International): Of course, this is not a simple answer. While bamboo is technically a grass, It’s usually classified as a hardwood. If you search…Rest of Story…

LAKE GENEVA, WI
HIGHER (AND LOWER) LAKE GENEVA FHA MORTGAGE INSURANCE PREMIUMS START OCTOBER 4, 2010
For the second time this year, the FHA is modifying mortgage insurance. Beginning with FHA case numbers issued on or after October 4, 2010, the FHA is changing its upfront and annual mortgage insurance premium structure. Under the new terms, assuming a 30-year fixed rate Lake Geneva FHA mortgage with at least 5 percent equity: Upfront MIP drops to 1.000% of the amount…Rest of Story…

SAN ANTONIO, TX
“The Comfort” at TattooedRE.com
So I’m sure you’re all looking at the photo and reading the line above and thinking, “uh-oh, he’s really hit rock bottom.” Don’t worry, the photo was just for illustrative effect, nothing more. I just thought I’d fill you in on a new post I wrote over at TattooedRE.com that continues a bit on my previous post here at ActiveRain about my own personal struggles in real estate. The response to that…Rest of Story…

SEATTLE, WA
My Seattle Blogs: Cool (Free) Share Buttons for Your Cool (Free) WordPress Blog.
I have really enjoyed playing around with the look and feel of my blog site lately. Many of you who frequent my site (thank you by the way) have noticed a few changes lately as I’ve adopted a new theme that was just introduced last week called ‘Caroline’. Aside from that I want to turn you on to a coupe of free services that allows you to add share buttons to your individual posts…Rest of Story…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.

DeedStreet RE NewsRoll 8/12/10

Posted on August 12th, 2010 in Deedstreet News | 3 Comments »

COLUMBUS, OH
The A,B,Cs of Grading
It’s almost back to school time in Central Ohio… but this is about homes and foundations not schools. With our heavy clay soil you hear about grading in most home inspections I believe… probably all home inspections… even on a brand new home the inspector should be talking to the buyers about the grading IMHO. Shouldn’t they? I love the outside / inside photos. Thanks to Chrissy…Rest of Story…

SEATTLE, WA
My Seattle Blogs: A Very Clear Explanation of the Changes Coming to Facebook on August 23rd.
As most of you know, come a week from this Monday, Facebook is making some changes to their look that may or may not be entirely applauded. I came across this post on Facebook from FBML Rock Star and Code Creator Nathan Latka that clearly explains the changes coming to Facebook on August 23rd. Aside from the boxes going away (Big hairy deal) is the resizing of the width for Fan…Rest of Story…

SUPRISE, AZ
Solar plant setting up in Surprise
Rioglass Solar is the latest green energy-equipment manufacturer attracted to Arizona by economic incentives. The Spain-based company announced Wednesday that it will build its U.S. headquarters and plant in Surprise, bringing at least 100 jobs and about $50 million in capital investment to the West Valley city. A second phase could bring roughly an additional 100 jobs and…Rest of Story…

WORTHINGTON, OH
Worthington homes for sale… Worthington “proper” and Riverlea
The graph shows the inventory of single family homes for sale for the past 15 months in Worthington “proper.” Worthington “proper” meaning the City of Worthington. The graph and market report includes homes in the Village of Riverlea as well. It does not include the whole Worthington City School District. Is it a buyers market? No it is less than 7 months of inventory. It is a…Rest of Story…

US – HURRICANES
Hurricane-proof your home: 6 steps
AccuWeather predicts that this year’s hurricane season, which started June 1 and runs through Nov. 30, could be a top-10 year for storms. If you make a few simple moves now, you could minimize a storm’s impact on your home. Ray Stone, vice president of catastrophe operations for Travelers Insurance, offers the following hurricane-preparation advice based on his 20 years…Rest of Story…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.

DeedStreet RE NewsRoll 8/11/10

Posted on August 11th, 2010 in Deedstreet News | 2 Comments »

EAST VALLEY, AZ
East Valley Short Sale: New FHA short refinance unlikely to help you avoid it
East Valley Team member Dean Ouellette talks about how this great new government short refi program is unlikely to help many East Valley home owners. So first the government gave us HAMP to help modify millions of loans, that was a complete failure. Then the gave us HAFA to make it easier to do short sales, again an utter failure. Now they are giving us a short refinance program to…Rest of Story…

LAKE GENEVA, WI
A SIMPLE EXPLANATION OF THE FEDERAL RESERVE STATEMENT (AUGUST 10, 2010 EDITION)
Today, in its first meeting in 6 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains at a historical low, within a prescribed target range of 0.000-0.250 percent. In its press release, the FOMC said that, since June, the pace of economic recovery “has slowed.” Household spending is increasing but remains restrained…Rest of Story…

MAILBU, CA
Wells Fargo Malibu Colony Party House Finally Sells
Starla’s going to be getting the really good dog food tonight. The Wells Fargo Malibu party house has sold, with celeb agent Chad Rogers helping handle the deal. As you will remember, Wells Fargo took the house in May 2009 at a recorded price of $12 million. Then an executive promptly brought in the red cups and the cheese plates, spending the summer throwing parties at the beach house…Rest of Story…

SAN ANTONIO, TX
The bottom of a bottle of comfort.
I like comfort. No, not the one in a bottle that comes from down South. The kind that is generated by the warm feelings of familiarity and contentment. The kind I get when I eat my mom’s meatloaf or settle down on the couch under a handmade blanket on a cold winter’s night (not that they happen often in San Antonio). The kind of comfort from knowing what each day is all about…Rest of Story…

SEATTLE, WA
My Seattle Blogs: Are You Actually Using Social Media to Prospect?
Gearing up for a busy couple of weeks on the teaching and training part of my business, I came across this great article from Social Media Examiner. This was a great read and spoke of the power of prospecting using some of the Social Media Tools at your disposal. When we talk about using Social Media and Blogging to prospect for business, we talk about a variety of methods employed…Rest of Story…

US – MORTGAGE RATES
Record low mortgage rates do little for demand
Home loan demand climbed last week but record low mortgage rates failed to light a fire in a market constrained by unemployment and tight lending practices. Mortgage purchase and refinancing applications rose by less than 1 percent in the first week of August, even as 30-year loan rates fell to 4.57 percent, the lowest in 20 years of record keeping by the Mortgage Bankers Association…Rest of Story…

WORTHINGTON, OH
Worthington … on this day in history – August 10, 1803
August 10, 1803 the Scioto Company voted to name the town in Ohio “Worthington” after Thomas Worthington, one of Ohio’s two first senators. The Timeline on the Worthington Memory site tells me so. Timeline of Worthington History “1803 August 10″ also according to the timeline the Scioto Company voted to fund the first library in Worthington on that date as well! I have a note…Rest of Story…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.

DeedStreet RE NewsRoll 8/10/10

Posted on August 10th, 2010 in Deedstreet News | 3 Comments »

COLUMBUS, OH
Columbus Ohio 43235 homes for sale
The graph shows the inventory of single family homes for sale for the past 15 months in the 43235 ZIP code. There area 115.8% more (single family) homes for sale in the Columbus Ohio 43235 ZIP code than there were a year ago. There were 46.7% less homes sold in July 2010 than in July 2009. The average sold price was up 4.6% from July 2009 but the average list price is down…Rest of Story…

INDIANA UNIVERSITY
IU health plan requires screenings in lieu of surcharges
Indiana University wants its employees to shape up or pay up. Faced with escalating health costs, the school is joining a small but growing number of employers that ask workers to stop smoking and control risk factors such as weight, blood pressure and cholesterol levels or face higher health insurance premiums. Health screenings for such risk factors will be voluntary for the…Rest of Story…

IOWA CITY, IA
Ranch Home for Sale: 119 S Mount Vernon Dr, ^Iowa City
Unique ranch style home for sale, 119 S Mount Vernon Dr, Iowa City. Tons of space, 6 Bedrooms, 2 Bathrooms. Walk to City High, close to Hoover Elementary. 5 minutes to downtown…See Details…

LAKE GENEVA, WI
SHOULD YOU FLOAT OR LOCK YOUR LAKE GENEVA MORTGAGE RATE? THE FED IS MEETING TODAY.
The Federal Open Market Committee holds a one-day meeting today, its fifth scheduled meeting of the year, and sixth overall since January. The FOMC is the government’s monetary policy-setting arm and the group’s primary tool for that purpose is an interest rate called the Fed Funds Rate. The Fed Funds Rate is the prescribed rate at which banks borrow money from each other and, since…Rest of Story…

SEATTLE, WA
My Seattle Blogs: Real Estate Virtual Assistant Cindy Lowman Launches Wonder REVA and is at Your Service.
My friend Cindy Lowman has just launched Wonder REVA (Real Estate Virtual Assistant) and is open for business. This much needed service is a welcome sight for busy Brokers like myself and I will certainly employ Cindy and Wonder REVA immediately! Although Cindy’s forte is REO and Bank Owned Property, she offers a variety of services and at a very good price! Of course, being an…Rest of Story…

TEMPE, AZ
Tempe Short Sale: A lot tougher when agent seller don’t have great 2-way communications
East Valley Team member Dean Ouellette talks about how there has to be great 2-way communications for a short sale to have a chance. Doing a short sale on an East Valley house is hard enough when everyone is pulling together in the same direction. When the seller and the listing agent are not both communicating well with each other they become that much harder. When…Rest of Story…

US – HOUSING MARKET
Housing Market Insight – August 9th Edition
The first full week of August gives us a glimpse of how the housing market is responding to the end of the tax credit. Also we’ll take our weekly look at interest rates, mortgage purchase application trends (being a leading indicator), and a new government program that aims to reduce mortgage balances on underwater borrowers. Pending Home Sales Fall – The National Association…Rest of Story…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.

DeedStreet RE NewsRoll 8/9/10

Posted on August 9th, 2010 in Deedstreet News | 4 Comments »

ARLINGTON, VA
What’s the Difference Between a General Warranty Deed and Special Warranty Deed?
In Virginia, when you pick your settlement agent (an attorney) to represent you in the purchase of a piece of real estate, part of their job is to do a title search. The title search is research of public records and any court decisions, if appl., to disclose facts concerning ownership of the property. Basically they want to know if the people selling the property actually have the sole right…Rest of Story…

CHINA – REAL ESTATE BUBBLE
China’s Real Estate Bubble — The Next Threat to The Global Economy?
While the U.S. struggles to recover from a housing bust, China is currently in the midst of a housing bubble. Yet, few inside or outside of China seem very happy about it. In light of America’s own recent housing boom and bust, analysts are worried about what skyrocketing Chinese property values could ultimately mean for the world economy. A November 2009 TIME article warned of “bubble…Rest of Story…

CHATTANOOGA, TN
Chattanooga Real Estate Sales for July 2010
Slice & dice the stats anyway you want. Get all ^CHATTANOOGA real estate sales for July 2010…See List…

COLUMBUS, OH
Columbus Ohio 43214 homes for sale
The graph shows the inventory of single family homes for sale in the Columbus Ohio 43214 ZIP code for the past 15 months. There is 133.5% more inventory (based on closed sales) than in July 2009. The average sale price for homes in Columbus Ohio 43214 is up 16.4% from July 2009. Home sales in the ZIP code were down 39% from last year. Columbus Ohio 43214 homes for sale…Rest of Story…

LAKE GENEVA, WI
WHAT’S AHEAD FOR LAKE GENEVA MORTGAGE RATES THIS WEEK: AUGUST 9, 2010
Lake Geneva mortgage markets improved again last week on softer-than-expected economic data, punctuated by Friday morning’s weak jobs report. Conforming mortgage rates for Lake Geneva real estate dropped on the news, making new, all-time lows. Lake Geneva mortgage rates have been on an extended rally dating back to mid-April. This week, there’s a lot of data and news…Rest of Story…

SAN ANTONIO, TX
I’ve Hit Rock Bottom. – A True Life Allegory Of My Place In Real Estate.
There’s no easy way to say this. I’ve hit rock bottom. No, the bottom isn’t found at the end of a needle, a tent under the overpass, or the last few drops in a bottle of cheap booze. The bottom is a familiar place to many agents I suspect. It’s cold and dark and not really a fun place to be, but I’m here and I better get used to it or get out of it – and fast! As you may remember, I won…Rest of Story…

SEATTLE, WA
My Seattle Blogs: What Does Your Social Media Network Look Like?
In a recent phone interview with Chris Bates, founder of ePropertysites, I mentioned, “There is no wrong way to do Social Media if it’s working for you.” That said, I wonder…what is working for you? What does your Social Media Network look like? Who or what are your favorite people and sites to incorporate into your networking platform? Are you Connecting your Networks…Rest of Story…

US – INTEREST RATES
Interest Rates: Below 4.5%
This week Freddie Mac’s survey showed interest rates at 4.49% on the 30-year fixed, dropping below 4.5% for the first time. Further, the 15-year fixed dropped to 3.9%, falling below the key 4% mark. I’m starting to see lenders quoting 30-year investment property loans below 5%. I think this marks a special time for investors to consider locking in long-term rates on investment properties…Rest of Story…

WEST BRANCH, IA
Hoover-Ball @ HooverFest – ^West Branch, IA
HooverFest – The biggest event of the year in West Branch, Iowa. Hoover-Ball Championship registration @ 8.00am. Games begin @ 9.00am…See Details…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.

DeedStreet RE NewsRoll 8/6/10

Posted on August 6th, 2010 in Deedstreet News | 2 Comments »

COLUMBUS, OH
Replace Your Air Filter Regularly! OR The Mystery Of the Rotting Door Trim
It’s “Furnace Friday” bloggers do all kind of silly things “Wordless Wednesday”, “Speechless Sundays” I just saw “Funny Fridays” I guess share a dumb joke. I prefer things to do with homes. Furnaces are an important part of a home, even in the summer as Jay’s post proves. This is a Re-Blog of a post by Jay Markanich a Virginia home inspector. Do you have a day of the month that you…Rest of Story…

CORALVILLE, IA
Coralville Aquatic Center
A Kid’s Paradise – Coralville Aquatic Center. Open 11 – 8 Monday through Friday. 12 – 6 Saturday and Sunday until August 21. More info below map…See Details…

EAST VALLEY, AZ
Bank of America short sales deal approved despite being told start over
East Valley Team memberDean Ouellette talks about how hearing “know” instead of “no” kept a deal alive. On one of our files with Bank of America was in the counter offer phase and we were going to have it all finalized this week and all of a sudden I get this email that said offer declined because new offer was submitted. We figured out there was a miscommunication and a mistake made…Rest of Story…

LAKE GENEVA, WI
NATIONWIDE, HOME VALUES WITHIN 12.5 PERCENT OF APRIL 2007 PEAK.
According the Federal Home Finance Agency’s Home Price Index, home values are now off just 12.5 percent from their April 2007 peak nationwide. This, after a half-percent monthly increase in prices in May, on average. Given the state of the market since April 2007, the Home Price Index results are a positive for both the housing market and the economy, but we have to remember that…Rest of Story…

SAN ANTONIO, TX
San Antonio-area population estimated at 2.1 million
Nine U.S. metropolitan areas have populations above 5 million, according to new estimates generated by Business First of Buffalo. The New York City area heads the list with an estimated 19.15 million residents as of Wednesday. The runners-up are Los Angeles at 12.93 million and Chicago at 9.64 million. Also above 5 million are Dallas-Fort Worth (No. 4), Houston (No. 5), Philadelphia…Rest of Story…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.

DeedStreet RE NewsRoll 8/5/10

Posted on August 5th, 2010 in Deedstreet News | 2 Comments »

JOE FERRARA
Joe Ferrara “Life is short”
Joe Ferrara died on August 3, 2010. Joe was 55 years old. Joe’s last post on the Sellsius Real Estate Blog was about home owners insurance for first time home buyers. It’s a great primer for first time buyers. First-Time Buyers Guide to Homeowners Insurance. Share Joe’s insurance post via Twitter or Facebook (easy to do directly from the link above) as a tribute to Joe. “Life is short” part…Rest of Story…

My friend Joe Ferrara has died, I am very sad, though I know he lives on, as he
My friend Joe Ferrara has died, I am very sad, though I know he lives on, as he enriched the lives of so many people. If there is a heaven he is there and if it’s reincarnation I bet he’ll be back real soon to once again contribute his genius, humour and helpfulness! He left behind a wife and children and died too soon to be covered by the new health insurance. Please visit his blog to learn…Rest of Story…

CORALVILLE, IA
Music in the Park: Morrison Park, Coralville
Music in the Park w/ Jeffrey Morgan + Friends @ Morrison Park, Coralville. 6.30pm – 8.00pm. Visit the Farmers Market + Hyvee Grill…See Details…

LAKE GENEVA, WI
NERVOUS ABOUT LAKE GENEVA MORTGAGE RATES RISING? LOCK THURSDAY — AHEAD OF FRIDAY’S JOBS REPORT
Lake Geneva mortgage rates have been falling since April but that momentum could reverse tomorrow. The Bureau of Labor Statistics releases the July jobs report at 8:30 A.M. ET Friday. With a stronger-than-expected reading, mortgage rates should rise, harming home affordability for Lake Geneva real estate. Jobs are a keystone in economic growth and growth is tied…Rest of Story…

SEATTLE, WA
My Seattle Blogs: Come Join Our Social Media Roundtable…Or Start Your Own!
It’s very rewarding as an instructor to be able to go beyond the classroom and really roll up my sleeves and see the content and material that I teach being applied. That’s exactly what’s happening at many of the real estate offices and market centers I teach at…Brokers taking on the power of Social Media and Blogging and applying what they’ve learn in my classes to command…Rest of Story…

US – CREDIT SCORES
3 Common Credit Score Misconceptions
People are having to make tough financial choices today, but many don’t have to wreck their credit scores if they know how the system works, according to credit expert Eddie Johansson, president of Credit Security Group. “With the same amount of money, you can make decisions that kill your credit score or ones that keep your score—or at least give you the ability to rebuild your score…Rest of Story…

US – YOUNG PROFESSIONALS
Top 5 U.S. cities for young professionals
To find out where young professionals have the best chance for success, we considered cities across the U.S. with more than 1 million people where job growth is expected over the next year. We ranked each place on its unemployment rate, the average salary for college graduates, cost of living, how many of America’s 200 largest companies are headquartered there and how many…Rest of Story…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.

DeedStreet RE NewsRoll 8/4/10

Posted on August 4th, 2010 in Deedstreet News | 2 Comments »

CHANDLER, AZ
Is selling your Chandler home via short sale immoral?
Today Kristin LaVanway and Dean Ouellette of the East Valley Team talk about why they do not believe short sales are moral or immoral, but a business decision. We recently got a question from a Chandler home owner about selling their house via a short sale. They were wondering if it was immoral to sell their house as a short sale. Many people are facing some moral conflicts right now as they…Rest of Story…

COLUMBUS, OH
Clintonville conspiracy theory… Realtors changing borders
Conspiracy in the Clintonville area of Columbus. Isn’t it REALTORS® ? Or Realtors®? Or is “non-Realtors” trademarked??? A Realtor is a member of a trade organization…. There is CBR, OAR or NAR? Was this the job of the Columbus Board of Realtors®? The Ohio Association of Realtors® Or does this go all the way to the top? Did the National Association of Realtors® work to…Rest of Story…

DENVER, CO
Jones Lang LaSalle Wins 1.3 Million SF Republic Plaza Leasing Contract
Jones Lang LaSalle has won the exclusive leasing mandate for Republic Plaza at 370 17th Street in downtown Denver. The 1.28 million-square-foot, Class A property stands 56 stories and is the tallest office building in the entire Rocky Mountain Region. Jones Lang LaSalle now leases and/or manages more than 7.1 million square feet in the region. Jones Lang LaSalle Senior…Rest of Story…

LAKE GENEVA, WI
LAKE GENEVA HOME BUYERS SEE DOLLAR SIGNS AS THE PENDING HOME SALES INDEX FALLS
The Pending Home Sales Index failed to rebound from a cliff-dive in May, falling by another 3 percent more in June. The index remains at record-low levels. A “pending home sale” is a home under contract to sell, but not yet closed. The data is culled from local real estate associations and large brokers and accounts for 20 percent of all purchase transactions in a given month…Rest of Story…

SEATTLE, WA
My Seattle Blogs: Facebook Removing Your Boxes, Get Ready!
I received an email yesterday from my friend Mike Kerwin (@myblogfx) wanting to know about something he read regarding Facebook removing your boxes by the end of the month. I told him this had been in the works for some time but it now appears to be coming to reality here shortly. As some of you find out after the fact, Facebook doesn’t necessarily let many of us in on changes…Rest of Story…

SOUTHERN CALIFORNIA
It’s raining in Southern California…
In Los Angeles, year-over-year prices plummeted in 2008 with the sub-prime bust. The housing tax credit provided short term relief in 2009, but prices in 2010 are heading down again… All the while, Santa Monica withstood the housing bust until 2009 when general economic pressures moved up the income ladder with the effects finally hitting. Price levels provide more visibility…Rest of Story…

US – MORTGAGE APPLICATIONS
Mortgage Purchase Applications Up (Third Week in a Row)
This morning, the Mortgage Bankers Association released its latest numbers related to purchase and refinance applications. Purchase applications were up 1.5% over the prior week, marking 3 straight weeks of increases. This was largely driven by government purchases while conventional applications stayed relatively flat. The Purchase Index is now up 7.1% over 4 weeks ago but still…Rest of Story…

US – RETIREMENT
Does your Retirement Plan include Jumping out of a Window?
Jumping out a window may sound extreme but what would you do if you ran out of money in retirement? While travelling throughout Thailand I would read the local english language newspapers and I noticed a few stories of expats killing themselves by falling off of their condo balconies. I thought they had probably drank too much or more cynically that their Thai wives were…Rest of Story…

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