Real Estate Lingo — Part II
Dual Agent: A certified real estate seller who corresponds to both buyer and vendor in a business deal at the same time. Escrow: A process in which an unbiased party holds all funds, documents, which are required to the sale, with directives from both buyer and seller as to their use and disposition.FHA Loan: A [...]
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Real Estate Lingo — Part I
Below are some list of Real Estate Terminologies that you may find useful.Adjustable Mortgage Loans: Mortgage loans under which the interest rate is from time to time adjusted to more personally correspond with existing rates. Amortization: Repayment of the balance due  through monthly payments of the principal and interest. This is established on a timetable [...]
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Watch Out for These Trends
It pays to wait for the best time to purchase a property. Watch out for real estate trends that involve the surge of low-cost housing programs, emergence of the best places to live in and the transformation of cities. These trends can very well help you find a place that is worth calling your home. [...]
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Guides and Pieces of Advice
If you are at a lost in the world of real estate, take advantage of websites that offer professional help in understanding the real estate industry. You may also go to your local library and browse on reading materials that are rich in facts regarding the real estate business. Search for e-books on the Internet [...]
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Top 10 Places to Live In in the US
Yahoo! Real Estate came up with a list of 10 locations in the US that are best for settling down. Read on to learn more. 1. Charlottesville, VA – the city that provides a very relaxing environment. Each place in this area is accessible either by foot or bike. You are sure to get plenty [...]
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Existing home sales inch up in November
WASHINGTON – Sales of previously owned homes nudged up in November, but that didn’t improve the broader picture of a feeble housing market racked by record-high foreclosures and harder-to-get credit. The National Association of Realtors reported Monday that sales of existing single-family homes, condominiums and townhouses rose 0.4 percent in November from October, to a [...]
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Housing Market
Two critical indicators of the nation’s housing market is getting worse in recent months, ratcheting up pressure on guidelines makers for lawsuit to curtail the growing housing predicament and its expanding influence on the nation’s financial system. Together with the most recent difficulty signals are the number of homes entering foreclosure. In its evaluation, it [...]
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Study Warns of Decline in Value of US Homes
WASHINGTON — The property value of U.S. homes will fall by $1.2 trillion, and “at least” 1.4 million homeowners will lose their properties to foreclosure in 2008, according to a study released Tuesday by the U.S. Conference of Mayors and the Council for the New American City. The study, prepared by forecasting firm Global Insight [...]
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Emerging real estate trends
San Francisco i sknown to rank fifth in the US as a location for real estate development and investment, according to a national study released in San Francisco. The cty lost to New York City, which was considered to be the most desirable metropolitan area for investments in development and real estate, according to the [...]
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Existing home sales could hit 5-year low
The realtors forecast for 2008 sees a worsening scenario. This is for the sales of existing homes in the U.S. They are foressen to decline to a five-year low in 2007. The ninth-straight downwardly revised monthly forecast from the National Association of Realtors calls for U.S. existing home sales to fall 12.7 percent this year [...]
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