Archive for the ‘Deedstreet News’ Category

DeedStreet RE NewsRoll 8/20/10

Posted on August 20th, 2010 in Deedstreet News | 3 Comments »

LAKE GENEVA, WI
LAKE GENEVA MORTGAGE RATES MAKE NEW LOWS FOR THE 9TH WEEK IN A ROW
Another week, another new low for conforming mortgage rates. In fact, this week marks the 9th time in a row it’s happened. Lake Geneva mortgage rates are (again) at their lowest levels in history.
The data comes from the Freddie Mac, a government group and major loan securitizer for the U.S. mortgage market. Freddie Mac’s weekly survey is among the most widely-cited reports…Rest of Story…

NEW YORK, NY
That’s Amar’e
New Knick Amar’e Stoudemire is back from a spiritual trip to Israel and on the hunt for an apartment that’s in line with his wingspan and bank account. The 6-foot-10 superstar, who signed a five-year, $99.7 million contract this summer, recently visited a three-bedroom, 3½-bathroom unit with 12-foot ceilings at 40 Mercer St. Stoudemire is looking to rent, and we hear this 2,370-square…Rest of Story…

SAN ANTONIO, TX
Tax Free Weekend
Remember, tax free weekend is not just for back to school families. Its for EVERYBODY!! ^SA San Antonio Tax Free Weekend…See the Tweet…

SEATTLE, WA
My Seattle Blogs: Do You Know Who You’re Talking To When You Blog?
Having just completed back-to-back Social Media and Blogging classes over the past few days, it dawned on me that while I’m teaching folks how to get a blog and in some cases how to write a blog…the one thing I’m forgetting to convey is who are you going to write your blog for once you get up and running? What’s Your Interests? Remember, if you’re only blogging about…Rest of Story…

US – FOURSQUARE & YELP
This is the part 2 of Think Mobile
Foursquare, Yelp and where the heck am I. As a brick and mortar business do you have regular clients or customers such as a pizza place to a chiropractors office or even a regular restaurant. In reality, you can be just about any business that entertains a regular flow people willing to spend money. Then you may be on Foursquare or Yelp and you do not even know it. Who is the Mayor of your…Rest of Story…

US – NAR CHIEF ECONOMIST
Economic Commentary: Varying Signs
These last few months saw a “pause” in housing market activity following the rush of buyers to qualify for the tax credit. That pause was anticipated – and is still occurring. Contract signings on existing homes fell 3 percent in June; that on top of the 30 percent tumble in May. July data is still being collected; unfortunately the raw data coming are not encouraging and could be similarly…Rest of Story…

WORTHINGTON, OH
Sharon Heights neighborhood in the news…
The Toledo Blade called the Columbus neighborhood that President Obama visited yesterday, : Sharon Heights.” “Microphone in hand in town hall-style, the President spoke and took questions from a small crowd sitting at picnic tables in the backyard of architect Joe Weithman, his wife, Rhonda, and their two children in the tree-lined, residential Columbus neighborhood of Sharon Heights…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 8/19/10

Posted on August 19th, 2010 in Deedstreet News | 3 Comments »

ARIZONA
Low mortgage rates out of reach for most Arizonans
Mortgage rates have fallen to unprecedented lows this year, but local analysts said only a fraction of Arizona consumers meet the financial requirements to take advantage of them. Even fewer prospective borrowers have the sort of financial pedigree that would earn them today’s lowest advertised rates, they said. The lowest available rate for a conventional, 30-year fixed…Rest of Story…

LAKE GENEVA, WI
LAKE GENEVA MORTGAGE CLOSING COSTS – HOW MUCH SHOULD I EXPECT TO PAY?
How much does a Lake Geneva mortgage cost? The answer depends on where you live. But no matter which your locale, chances are strong that you’ll pay more for a mortgage in 2010 as compared to 2009. According to Bankrate.com and its annual Closing Cost Survey, a typical $200,000, purchase mortgage now carries an average $3,741 in closing costs — up nearly 37 percent from…Rest of Story…

SEATTLE, WA
My Seattle Blogs: When It Comes To Social Media…Don’t Forget Your Offline Marketing Efforts Too!
Social Media marketing has great potential to drive traffic to your blog or website when you take the effort to make it work. But don’t forget about good old fashioned direct mail to attract business. An effective mailer or postcard can be a powerful way to draw your community to your blog or websites! People think the online and off-line worlds don’t mix, when in fact they can work very well…Rest of Story…

SOUTHERN CALIFORNIA
These commissions go toward a cause
After home prices hit their peak four years ago, the real-estate industry was one of the first to feel the beginning of the economic downturn that gradually trickled throughout the nation. But rather than simply struggling after the market’s reverse, real-estate agents such as William Soto with Altera Real Estate in Southern California began searching for a new path. Similar to Philanthropy…Rest of Story…

WORTHINGTON, OH
Worthington Heights
Worthington Heights is a community of free standing condominiums in the Far North area of the City of Columbus and the Worthington City School District. Worthington Heights was built by Qualstan, a company that no longer builds in Columbus. I still see a listing in Google… someone else using the Qualstan name? Or just a Google ghost? Worthington Heights (map) is at Sancus Blvd…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 8/18/10

Posted on August 18th, 2010 in Deedstreet News | 3 Comments »

LAKE GENEVA, WI
LAKE GENEVA REAL ESTATE SINGLE-FAMILY HOUSING STARTS FADE IN JULY
Sometimes, you need to look deeper than the headlines to get the news that matters. This basic truth’s latest example comes from the July Housing Starts data, as published by the U.S. Census Bureau. According to the newspapers, Housing Starts improved last month:
* US Housing Starts Make Modest Rebound (FT)
* Housing Starts Rise Slightly (MoneyWatch)…Rest of Story…

MONTECITO, CA
$35 million home has room for 35 cars
A car enthusiast might simply be content browsing this “art gallery” that now features the vintage car collection that belongs to the home’s architect, but the real art just might be the home itself, known as the Glass Pavilion. The 13,875-square-foot home home in Montecito, Calif., listed at $35 million, is a “modern masterpiece,” Luxist says, with walls of glass that bring its living space…Rest of Story…

SEATTLE, WA
My Seattle Blogs: Do You Have An Elevator Speech?
I was asked to present to a group the other day on Social Media and Blogging for their small business and I noticed I was quickly getting a few crossed-eyes and slacked jaws. Not to say these gentlemen weren’t smart…oh, far from it. In fact, I’d say I was easily out gunned in the brain cell department but what I knew about how to impact their business using Social Media and Blogging left…Rest of Story…

US – BLOGGING
Letting Go
This is a great article that a good friend of mine, Cheryl Van Ornum had written and wanted to share it with everyone by making her my guest blogger. Every now and then I read a status update on Facebook that really moves me. I’m not sure if I need to be in the mood to be moved or if there is a special magic that happens when I’m reading updates. But for some reason, a post made…Rest of Story…

US – HUD ON FINANCING
HUD CONFERENCE ON THE FUTURE OF HOUSING FINANCE
A conference was held at the Treasury Department on the future of housing finance with Treasury Secretary Tim Geithner, Housing Secretary Shaun Donovan and others. The Obama Administration is scheduled to deliver a comprehensive proposal on housing finance to Congress by January 2011…Watch the Video…

WORTHINGTON, OH
“Why so cheap? Well here’s the bad news”
As a home buyer wouldn’t you love it if more property descriptions were honest about the condition of the home? Here is a property description that is honest and funny. The showing instructions for other real estate agents are very funny. Thanks to Heath Coker in Massachusetts for allowing his post titled ‘Funny Showing Instructions’ to be Re-Blogged. Via Heath Coker, Real Estate Broker…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 8/17/10

Posted on August 17th, 2010 in Deedstreet News | 3 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 | 1 Comment »

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 | 2 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 | 1 Comment »

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 | 1 Comment »

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 | 2 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…

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