Welcome to the May 5, 2009 edition of the Real Estate Market Reports Blog Carnival. Our carnival has been traveling around the county and brings you real estate reports from Utah to Florida, California to Maine. This week we cover quite a bit of mortgage news and opinion in the “Other Information” section, so make sure you check it all out.
Local Real Estate Data
Jayson Gibson presents Utah $6,000 New Home Purchase Grant Stimulates Home Sales posted at New Homes Section Blog, saying, “Information about the $6,000 home purchase grant available in Utah.”
Tallahassee Real Estate presents Tallahassee New Home Construction Continues To Slow posted at Tallahassee Real Estate Blog, saying, “As most of our analysis of the Tallahassee housing market focuses on inventory (and specifically supply and demand of homes for sale in Tallahassee), we must always keep a vigilant eye on the state of the new home construction market in Tallahassee.
Each month, we record the number of new single family building permits issued in Tallahassee (Leon County) in order to see what kind of effect new homes will have on the market”
Praveen presents Oswego Townhouse Nightmare posted at My Simple Trading System.
Real Estate Market Report
Tallahassee Real Estate presents Tallahassee Foreclosures Surge In First Quarter 2009 posted at Tallahassee Real Estate Blog, saying, “We have recently updated the Tallahassee Distressed Properties page and it brings an unsurprising rise in foreclosures in Tallahassee. The lis pendens filings for 1st quarter 2009 were up 63% as compared to the 1st quarter of 2008.
In all of our distressed property reports, we rely heavily on the measurement of the lis pendens filings, so we are not counting foreclosures, rather we are counting the filings of the legal documents that are used to start a foreclosure.”
Tallahassee Real Estate presents How To Measure Local Home Sales Success posted at Tallahassee Real Estate Blog, saying, “One unique measurement that we maintain at The Market Bulletin is what we refer to as the home sales success rate. This is simply the measurement of the number of homes sold over a period of time versus the number of homes listed for sale over the same period of time. For example, if 200 homes sold over the past 30 days, and 400 homes were listed for sale, we would say the the Sales Success Rate for the past 30 days is 50% (200 ÷ 400).”
Other Information
Tallahassee Real Estate presents The Relationship Between Twitter And Real Estate posted at Tallahassee Real Estate Blog, saying, “If you happened across this blog on the relationship between Twitter and real estate, then I hope you will chime in with your opinion on how the two go together. On the other hand, if you are a regular reader of the Tallahassee Real Estate Blog, then you might wonder just what the heck this “Twitter” is and why it made it here anyway.”
The Smarter Wallet presents Got An Upside Down Mortgage? Would You Foreclose and Walk Away From Your Mortgage? posted at The Smarter Wallet, saying, “Thanks!”
Ralph Jean-Paul presents Perform Under Pressure posted at Potential 2 Success, saying, “Sooner or later you will be in a pressure situation. If you are unable to handle it correctly, it may cost you a promotion, job, or an opportunity to experience new things and meet new people. Practice these techniques and you will soon begin to see how well you can perform under pressure.”
Jim presents 11 tips to reinforce a purchase decision and establish a customer for life posted at B2B Rainmaker, saying, “Here are 11 tips to reinforce a purchase decision and start a lifelong relationship with a new customer:”
C Richey presents Hope for Distressed Homeowers posted at News – Las Vegas Real Estate by Jacqulyn Richey, saying, “A look at the new program aimed at homeowners facing foreclosure.”
Handy Saputra presents How To Stop Worrying About Mortgage Foreclosure posted at Home Loan | Mortgage Resources, saying, “There are millions of general articles about mortgages generating discussing foreclosures on the rise. The United States is in a recession and millions are feeling the unemployment woes. Amongst those many are homeless, and in search of an answer. Foreclosures are adding inventory to an already declining house market. The ongoing word is this mortgage crisis is predicted to get a lot worse before we begin to see any light at the end of the tunnel.”
Handy Saputra presents 5 Ways A Fixed Rate Mortgage Will Benefit You posted at Home Loan | Mortgage Resources, saying, “Before we get into why a fixed rate mortgage is good for you, let’s talk about the downsides to them. There’s always a downside isn’t there? Redemption penalties are almost always slapped on if you happen to need to redeem the mortgage early. You may need an extra bedroom for a new born? Moving home here would cost you.”
Handy Saputra presents Is Reverse Mortgage A Good Thing posted at Home Loan | Mortgage Resources, saying, “If you have not already heard the term reverse mortgage, it sounds like a strange thing. Reverse mortgages are becoming more and more popular these days, but are they scams or are they legitimate?Is it really possible to sell your house back to the bank and still retain the deed to it? Will the bank really pay YOU the mortgage payments? Let’s review what a reverse mortgage is so these questions can be answered.”
Handy Saputra presents How To Choose The Right Loan For Your Situation posted at Home Loan | Mortgage Resources, saying, “Most people only associate money with the word loans. This is definitely the most common type of loan but the truth is that a loan can be for many things and not just money. Loans can be offered on many different bases and can be paid back in several different ways and throughout different periods of time.”
Handy Saputra presents Beware Of We Buy Houses Scams posted at Home Loan | Mortgage Resources, saying, “You’ve seen the signs on the highway, We Buy Houses, fast sale, cash, etc. Real Estate investing has spawned yet another scam niche, only this time they’re not selling a get rich quick scheme, no this time they want your house.”
Kim Dion presents Help For Home Loans: Refinance Mortgage Options posted at Help For Home Loans, saying, “Refinance mortgage options for home owners are looking up thanks to the new Obama $75 billion Homeowner Affordability and Stability Plan announced to the world. If you are behind on your mortgage, facing foreclosure or just finding it a struggle to make you payments you may have options to help with your refinance mortgage options or you mortgage payments.”
Kim Dion presents Help For Home Loans: What Is The Difference Between Deed in Lieu and Foreclosure posted at Help For Home Loans, saying, “The Difference Between Deed in Lieu and Foreclosure. That is a great questions and many homeowners in foreclosure or behind on their payments may not realize they can perhaps avoid having a foreclosure on their credit by asking their lender to take back their home with a deed in lieu of foreclosure.”
Verna Morris presents The Real Estate Agent’s Guide to Using Twitter + 10 Essential Resources posted at Real Estate Agent Database Blog.
Silicon Valley Blogger presents Trade Your Home Through A Home Swapping Service posted at The Digerati Life, saying, “Thanks!”
That concludes this edition. Submit your blog article to the next edition of real estate market reports using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.
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