Tag Archives: NAR

Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

Posted on 20. Aug, 2010 by Sherry Chris.

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Some slowdowns are good.  DJ Shamantis created an internet hit this week with “U Smile 800 Percent Slower.” A rendition of pop star Justin Bieber’s hit played eight times slower. Give it a full listen if you have 35 minutes to spare. What is speeding up:  The rate of new mortgage applications, quickening 13 percent [...]

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Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

Posted on 13. Aug, 2010 by Sherry Chris.

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Social media’s power in capturing the public’s imagination was in full display again this week when a Jet Blue flight attendant quit his job after he “hurled obscenities at passengers over the airliner’s PA system, then deployed the inflatable emergency chute, slid down and fled.”  He instantly became an Internet sensation, spawning a Facebook page [...]

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Tax Credit Extension or Not

Tax Credit Extension or Not

Posted on 28. Jun, 2010 by Wendy Forsythe.

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We prospect diligently to find qualified buyers. We work with them tireless to find the perfect home. We negotiate expertly on their behalf to get an accepted offer. But then the real work begins these days. As we try to hold it all together and actually get to a successful closing. NAR estimates that as [...]

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Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

Posted on 25. Jun, 2010 by Sherry Chris.

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Even with a whirlwind of news this week – from General McChrystal’s departure to the longest tennis match in the history of Wimbledon – real estate remained a major focus. Sales of new single-family homes were down 32.7 percent to a record low. Sales of previously owned homes, although up 19.2 year over year, fell 2.2 percent. Rounding it out, mortgage applications dropped to their lowest level since 1997. All of these [...]

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Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

Posted on 14. May, 2010 by Sherry Chris.

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This week offered a mixed bag of good and bad news. On the positive front, the rate of late mortgage payments dropped in the first quarter of 2010 and RealtyTrac reported that foreclosures were down 9 percent in April from the previous month and down 2 percent from April of 2009. Foreclosures of homes that [...]

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Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

Posted on 07. May, 2010 by Sherry Chris.

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Of course, last Friday was the long anticipated deadline of the home buyer tax credits. While it did cause last minute deals to hurry in and reportedly boosted monthly sales 5.3 percent in March, the results were far less significant than many anticipated. We think this is good news, as it shows the tax credit [...]

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Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

Posted on 26. Mar, 2010 by Sherry Chris.

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What a busy week! Health care reform, believe it or not, was not the only thing happening (although the flurry of articles surrounding it may have fooled you). The Obama administration announced broad new initiatives to help troubled homeowners, potentially refinancing millions of them into fresh government-backed mortgages with lower payments. There was also much [...]

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Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

Posted on 12. Mar, 2010 by Sherry Chris.

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Of all the signs that the economy is getting better, the most exciting, in my opinion, is the shrinking number of foreclosures. It tells me that the “worst case scenario” is getting a little better, as the number of homeowners facing foreclosure decreased 2 percent from the previous month. Additionally, foreclosures in February grew 6 [...]

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Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

Posted on 19. Feb, 2010 by Sherry Chris.

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On the one year anniversary of the Home Affordable Modification Program (HAMP), more than one million homeowners have gotten temporary reductions in their mortgage payments, with 12 percent receiving permanent modifications. Although to date this is just minimal success, plans announced this week will increase this percentage significantly as banks rethink their policies and qualifications. [...]

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Week in Review: Things We Liked from the Week That Was

Week in Review: Things We Liked from the Week That Was

Posted on 12. Feb, 2010 by Sherry Chris.

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This week officially kicks off the beginning of real estate season or, as I like to say, the Real Estate New Year. The 2.9 percent increase over December on new “For Sale” homes in January certainly will help the market get off to a great start. I wish everyone a Happy Real Estate New Year [...]

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Week In Review

Week In Review

Posted on 24. Nov, 2009 by Sherry Chris.

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When it comes to the current real estate climate, we at Better Homes and Gardens Real Estate have been preaching cautious optimism for months, as some data indicates the market is recovering and yet other data indicates it is still turbulent times. A recent survey from Move.com indicates the number of consumers interested in investing [...]

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