Jumbo Loans May Start to Flow as New Loan Programs are Announced
March 29, 2009, 7:00 PM
The new jumbo programs, available through the Bank of America’s retail network and its Countrywide Home Loans subsidiary, will be aimed at loans between $730,000 and $1.5 million, with fixed rates at 30-years and interest rates in the upper five ...

Real Estate Takes A Lesson from Malibu
March 29, 2009, 6:55 PM
I heard about a woman that has placed her house up for raffle. Starting with a web site to direct traffic leads, this woman created an opportunity for a person to purchase a 1 in 4,000 or 5,000 chance to ...

Existing Home Sales Take an Unexpected Jump, and so does my Phone!
March 29, 2009, 6:50 PM
...existing homes sales jumped slightly over 5% in February from the previous month, to an adjusted rate of almost 4.75 million homes in total. Though the rate of existing hoe sales was down nearly 5% from a year ago, and ...

Surprise Increase in New Home Starts, But Don't Expect Things to Change Anytime Soon
March 21, 2009, 10:00 PM
After falling for the last 8 months, housing starts posted a significant surge during the month of February, according to a government report released this past week. Economists, who thought the month was going to be another fall off like ...

Will Someone Please Buy This House? Real Estate Woes In A Declining Market
March 21, 2009, 9:55 PM
The next few months will be the real barometer to determine how much lower that market will go. Historically, spring is the prime selling season for that neighborhood, but there have never been more than two homes for sale at ...

Luxury Homes Now Affected by Down Real Estate Market
March 21, 2009, 9:45 PM
It was just a couple years ago that many remained bullish on the luxury real estate markets due to the growth in $100,000 incomes, which at the end of 2006, where growing 5.4 times faster than all US households. However, ...

Being Unique can be Good in a Bad Real Estate Market
March 15, 2009, 2:20 PM
Built as a lower-cost alternative to other homes being built during that period, Eichler built mostly single-level homes that surrounded a landscaped courtyard entrance. His style, though not immediately well received, was developed by considering and designing the outside spaces ...

Real Estate Brands Continue to Shine in a Dark Market
March 15, 2009, 2:15 PM
Sure there are those people that try to point out the condition of the global economies and can’t seem to fathom how the sale team is able to secure buyers for $12 million dollar properties. But buyers to the Four ...

Working in the Virtual Real Estate Office
March 15, 2009, 2:15 PM
Today, technology is no longer viewed as the final marketing piece to get clients to the broker office door. However, it does allow for the agents to get into the client’s door…further perpetuating the argument against the need to sit ...

It's Back To Basics For Many in the Real Estate Profession
March 08, 2009, 6:50 PM
Then, the real estate markets changed. Some of us within the company saw it coming from a mile away, but others refused to see it at all. Developments started to convert from ‘for-sale’ product to rental, as developers searched for ...