Real Estate News Network January 7, 2009

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Check back tomorrow for the latest from columnist Peter Mosca.


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Today's Market Conditions Report
A comprehensive analysis of the market, with over 10,000 reports from Realtors across North America.

Along with many other housing indicators this past month, the National Association of Realtors' Pending Home Sales Index has shown a decline for November. FULL STORY->

Today's Headlines



No matter the market, capitalizing on industry knowledge has always been a major ingredient to overall business success. For builders looking to better understand the real estate market, they should take note of a new report by the Urban Land Institute. FULL STORY->

One HOA has vacant homes. Does the HOA have a responsibility to secure and protect them? This issue and more in this week's column. FULL STORY->

More than forty years after the enactment of the Federal Fair Housing Act, Dr. King's vision for a racially and economically inclusive society is being realized -- but as many studies document, not universally experienced. FULL STORY->

It's referenced in nearly every sales training course under the sun. It comes in various shapes, sizes and colors. It still holds true and probably always will. FULL STORY->

What will the new year bring for housing and real estate? Here's a different perspective to consider from one of the country's veteran financial analysts -- Richard Bove of Ladenburg Thalmann, the investment banking company. FULL STORY->

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 5.10 percent with an average 0.7 point for the week ending December 31, 2008, down from last week when it averaged 5.14 percent. Last year at this time, the 30-year FRM averaged 6.07 percent. The 30-year FRM has not been lower since Freddie Mac started the Primary Mortgage Market Survey in 1971. FULL STORY->

Land transfer taxes are a common way for governments to raise money when properties change hands, but a new analysis of Toronto's Land Transfer Tax says that simply raising property taxes would be a more effective way to boost government coffers. FULL STORY->


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