Park Ridge, IL - Today's Real Estate News

Today's Real Estate News and Advice

Updated: September 5, 2008

Investor Report: Intermediaries and Tax-deferred Exchanges
Should the Federal Trade Commission develop national licensing requirements and standards regulating the middlemen who conduct thousands of tax-deferred real estate exchanges every year? FULL STORY->

Projecting Trends And Putting Your Findings To Work
Most real estate trends are a reaction to the law of supply and demand. As you project trends, study your market analysis for hints of changes in your market’s inventory. At the same time, study your region’s economic growth and stability for hints at what is taking place to influence consumer demand. FULL STORY->

What To Do When You Inherit Real Estate
Inheriting real estate can be one of the most painful ways to acquire property. You've lost a loved one and now you have your loved one's primary residence to handle. If you plan to sell the property make sure you read on to get a general idea about what to do next. FULL STORY->

Hot Market: Southern Cal Leads the Way to Recovery
Yes, prices are down. Yes, there are a lot of foreclosures involved. And, yes, Southern California’s sales are going through the roof. DataQuick.com reports sales up in the double digits for the second month running. Sales are up ranging from 10 to 48 percent across the region. FULL STORY->

Finding Discounted Homes For Sale
It's not always enough to be up to snuff on negotiating that reduced price. Sometimes you need to know where to look to find a bargain that's already available. FULL STORY->

September Cybertips
Ever have a program you're working with freeze up and keep you from using anything else on your computer without doing a "hard" shut down? We'll bet you have! FULL STORY->

Commercial Financing is Available for the Right Buyer and the Right Property
Peter L. Mosca interview Stan Hanks on lender cap rates, new rules and regulations, and the latest in commercial financing. FULL STORY->

Rates Drift Lower on Reports of Economic Weakness; Others Point to Progress in Housing Market
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.35 percent with an average 0.7 point for the week ending September 04, 2008, down from last week when it averaged 6.40 percent. Last year at this time, the 30-year FRM averaged 6.46 percent. FULL STORY->

Condo Trends: Tampa Pendings Up for 2nd Month
Buyers on Florida's Gulf Coast are coming out of the woodwork to grab up condominiums left over from the Sunshine State's housing boom of years past. While prices have dropped year over year by 13 percent, pending sales have outpaced 2007's rate for two consecutive quarters. The latest jump was by 4 percent for condo sellers in the Tampa/Petersburg area. FULL STORY->

Washington Report: FHA Increasing Premiums
The politicians may have fled Washington for conventions and vacations, but there's been lots of action at the Federal Housing Administration that could affect home buyers and borrowers across the country. FULL STORY->

Law of Consistency
The law of consistency states that when people take a position they will strongly defend their position -- even if there is evidence to the contrary. This law can be a salesperson's best ally when you learn how to use it. This article not only explains how the law works but provides specific strategies on how to use the law of consistency to sell more homes. FULL STORY->

Investor Report: Rare Tax Law and Opportunity for Profit
Some rental home investors may have a temporary window in time to take advantage of a rare tax law "twofer" -- profiting from not just one, but two of the latest changes to the Internal Revenue Code. FULL STORY->

Time Mastery
If we learn to master our time, and understand the value of time, we can change the outcome of our life. Columnist Dirk Zeller explains. FULL STORY->

Hot Market: Prices Up in West Virginia Valley
Charleston has long been an economic boom town for the whole state. Has the real estate market followed the economy's lead? FULL STORY->

Understanding Your Electrical System Can Help You Spot Problem Areas
Electricity is the kind of power we love when it's working and hate when we're having problems with it. Understanding some basics about electricity and homes can help you, whether you're checking out a home to buy or getting ready to put your home on the market. FULL STORY->

Succeeding in Today's Market
Not surprisingly, this year so far has featured more negative media coverage of real estate than last year when the financial world was coming to an end. At this point, things are a bit slower than some thought, busier than others thought but in the end all those predictions are just that, predictions. If you are tired of peering into your crystal ball looking for answers, how about this thought: Who cares what the media thinks! FULL STORY->

Market Conditions
Residential real estate has reported gains in sales in the last month, but commercial real estate may be in for tougher times. FULL STORY->

Legislation Aims to Protect Tenants in Foreclosed Properties
Among those who might be considered innocent victims in the current wave of foreclosures, tenants caught up in the process would have to be near the top of the list. Through no doing of their own, families and individuals who are renting a property that goes into foreclosure are liable to have their lives seriously disrupted. FULL STORY->

More Real Estate News and Advice...

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