DeedStreet RE NewsRoll 1/31/11
Posted on January 31st, 2011 in Deedstreet News | No Comments »
BUY VS. RENT
Cheaper to buy than to rent in 72% of largest U.S. cities
Despite the rising number of renters across the country, it is cheaper to buy a home rather than rent one in 72 percent of the 50 largest cities in the U.S., according to an index released by real estate search and marketing site Trulia. “Since the start of the ‘Great Recession,’ many former homeowners have flooded the rental market. Following the principles of supply and demand, renting has become relatively more expensive than buying in most markets,” said Pete Flint, CEO and co-founder of Trulia, in a statement…Rest of Story…
COLUMBUS, OH
Where do we disclose the snakes?
The question “Where do we disclose the snakes?” could just as well be where do we disclose the bedbugs?…skunks?…bats in our belfry?…Where do we disclose the …? The question is where do you disclose the presence of a pest or the treatment / removal of the presence of a pest to prospective buyers of your Ohio home? Answer below… I want to share this video with you first. Scared of snakes? I am. I am sure the snake story that is hot now is the same snake house that was in the news back in 2006…Rest of Story…
FINANCIAL CRISIS
Financial crisis was avoidable: FCIC
The financial crisis, which wreaked havoc on the economy and sparked a painful recession, could have been avoided, according to a federal commission. The Financial Crisis Inquiry Commission, in its final report on the causes of the crisis, said Thursday that federal authorities, who failed to curb reckless behavior on Wall Street, bear much of the blame for the turmoil that erupted in 2008 and 2009. “We conclude first and foremost that this crisis was avoidable,” said Phil Angelides, the commission…Rest of Story…
FLORIDA
Florida’s Foreclosure Pipeline: Inventory & Prices
A question we hear every day – “What about the shadow inventory? How are housing prices affected?” with lots of talk about the foreclosure pipeline in judicial states like Florida. (For the uninitiated, “judicial state” means that foreclosure proceedings go through the court system, which considerably slows the clearing the distressed housing market.) Here’s the very complex answer: Inventory up, prices down. Check out Tampa (black line in both charts) in particular…See Chart…
LAKE GENEVA, WI
WHAT’S AHEAD FOR LAKE GENEVA REAL ESTATE MORTGAGE RATES THIS WEEK: JANUARY 31, 2011
Lake Geneva real estate mortgage markets improved this week as positive economic data was overshadowed by geopolitical strife. A flight-to-quality drove buy-side activity in mortgage bond markets, which, in turn, helped conforming rates fall across the state of Wisconsin. Last week marks the first time this year that mortgage rates fell on a week-over-week basis, and considering why rates fell, it points to the fragile nature of the global economy. By all accounts, last week showed that the U.S. economy…Rest of Story…
SAN ANTONIO, TX
HOW’S THE MARKET IN SAN ANTONIO?
“How’s the market?” It’s the question on everyone’s mind. Even when people looking to buy or sell, they always want to know where the market stands. We all know the real estate market has been… uh, interesting, to say the least… over the past few years. We’ve all heard the news and by now know that San Antonio real estate has fared better than most, but what does that mean…See Chart…
SEATTLE, WA
My Seattle Blogs: Don’t Forget About Your Offline Inbound Marketing.
We talk a ton about how to increase your online presence but don’t forget about your efforts to get your offline inbound marketing out there to your community. If you have invested time and money in a mailer or any type of offline campaign, you now have a better way to get folks to visit your online marketing platforms like your blog and your fan page(s). Adding your website to your marketing stuff has been done for years…but how about adding text numbers or a QR (Quick Response) Codes to your…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.
