Realtor Magazine Online - Source: Inman News (03/28/07) Roberts Jr., Glenn
“Real estate practitioners are trying out an array of social networking Web sites as a way to connect with consumers and other industry professionals.”
Click here to view the entire article:
Networking Sites Give New Way to Prospect
Realty Times - by Clifford A. Hockley - Published: March 28, 2007
Click here to view the entire article:
Legislative and Regulatory Issues Landlords Must Pay Attention To
RealEstateJournal.com - By Jeff Bater - From The Wall Street Journal Online - March 26, 2007
Click here to view the entire article:
New-Home Sales Tumble To 7-Year Low in February
RealEstateJournal.com - By Rex Nutting - From MarketWatch - March 28, 2007
Click here to view the entire article:
Home Prices Go Negative For First Time in 11 years
Realty Times - by Blanche Evans - Published: March 26, 2007
Click here to view the entire article:
Existing Home Sales Show Surprising Gain. Will It Last?
By Jeff D. Opdyke - From The Wall Street Journal Online - March 22, 2007
Click here to view the entire article:
More Americans Become Landlords as Rents Rise
By Jeff Bater - From The Wall Street Journal Online - March 23, 2007
Click here to view the entire article:
Existing-Home Sales Post Biggest Rise in Three Years
March 1, 2007 - Office of Federal Housing Enterprise Oversight (OFHEO)
NEWS RELEASE
CONTACT:
Corinne Russell (202) 414-6921
Stefanie Mullin (202) 414-6376
WASHINGTON, DC – The rate of home price appreciation in the U.S. remained steady in the fourth quarter of 2006, extending a general trend of deceleration begun earlier in the year. Home prices, based on repeat sales and refinancings, were 1.1 percent higher in the fourth quarter than they were in the third quarter of 2006. This is slightly above the revised growth estimate of 1.0 percent from the second to the third quarter. Prices in the fourth quarter of 2006 were 5.9 percent higher than they were in the same quarter in 2005. Price appreciation in 2006 was substantially smaller than the tremendous price gains of recent years, which ranged from 7.4 percent in 2002 to 13.2 percent in 2005. The figures were released today by OFHEO Director James B. Lockhart, as part of the House Price Index (HPI), a quarterly report analyzing housing price appreciation trends.
“These data show that, on the whole, prices are still rising, albeit at a much slower pace,” said Lockhart. “This suggests that house price appreciation is, for now, more in line with historical norms.” House prices grew faster over the past year than did prices of non-housing goods and services reflected in the Consumer Price Index. House prices rose 5.9 percent, while prices of other goods and services, excluding shelter, rose 0.9 percent.
“The continuing strength in the economy and decreasing interest rates for borrowers prevented a harder landing in housing markets during the second half of last year,” said OFHEO Chief Economist Patrick Lawler. “Last quarter, though sharper drops occurred locally, no state had average price declines of as much as one percent,” Lawler said.
The states with the greatest rates of appreciation between the fourth quarter of 2005 and the fourth quarter of 2006 were: Utah (17.6%), Wyoming (14.3%), Idaho (14.0%), Washington (13.7%), and Oregon (13.5%). The states with the lowest rates of appreciation for the same period were: Michigan (-0.4%),
Massachusetts (0.5%), Ohio (1.0%), Indiana (2.3%), and Minnesota (2.5%).
[NOTE: This information is in the public domain and it is not subject to copyright protection.]
Realty Times - by Blanche Evans - Published: March 23, 2007
Click here to view the entire article:
Dominion Deal Designed To Dominate Internet Real Estate Marketing
Realty Times - Published: March 21, 2007 - by Richard Thompson
Click here to view the entire article:
Indemnify the HOA Manager
