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Investor Report: Second and Third Trusts
What's the single biggest headache for anyone trying to pull together a short sale right now?
Hot Market: SE Michigan Surpasses the Psychological Pricing Barrier
When it comes to real estate, a paraphrase of the old saying, "The bigger they are, the harder they fall," could be, "The deeper the prices fall, the faster they recover." All across the country, pending sales -- the number of contracts written in any given 30 day period -- are on the rise in cities and regions where prices have hit what we call the "psychological pricing barrier."
Realty Viewpoint: Economic Stimulus Checks Can't Fix Our Values
As economic stimulus checks arrive, relieved households are spending them on gas, food and bills, thwarting the government's intention.
What To Take And What To Live Behind When Downsizing
Over the years all of us have accumulated an enormous amount of stuff -- some of it is near and dear to our heart and the rest, well, we might classify it as just cumbersome stuff. But somehow when we downsize from, say, a 3,600 square foot home to a 1,700 square foot home, as one reader who telephoned me is doing, figuring out what to take and what to leave behind can be a painful process.
May Cybertips
Trick #1: Get Briefed in 100 Words
Most Mortgage Rates Drift Lower on Hopes of Market Recovery Later this Year
McLEAN, VA -- Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.01 percent with an average 0.6 point for the week ending May 15, 2008, down from last week when it averaged 6.05 percent. Last year at this time, the 30-year FRM averaged 6.15 percent.
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