Real Estate News Network December 1, 2008

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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.

The National Association of Realtors is reporting that existing-home sales declined on the heels of a strong gain in September as uncertainty and economic concerns increased in October. FULL STORY->

Today's Headlines



Modifying the mortgage terms of delinquent homeowners is one of the most debated concepts in Washington right now. FULL STORY->

One of the things that happens when directors of the California Association of Realtors® (CAR) get together for meetings is that brokers, brokerage attorneys, and risk managers spend a fair amount of time talking about the kinds of cases and claims they are currently seeing. They also discuss trends in market practices that may be leading to future problems. FULL STORY->

The real estate sales business, like all other businesses in the world, is in a techno-revolution. The new technology in the world has created tremendous changes and growth in our industry. Agents and companies are dramatically changing the way they do business to take advantage of this vast new frontier. FULL STORY->

The biggest financial fear about so-called "1031 TIC" real estate investment deals appears to be turning into reality: One of the largest "tenants in common" or "TIC" firms -- with 8,300 individual investors and office and retail properties valued at $2.4 billion -- has filed for Chapter 11 bankruptcy protection. FULL STORY->

Any business observer who believes U.S. manufacturing is dead in America only needs to visit the Elmira, New York area in Chemung County to find it in thriving existence. FULL STORY->

Upgrading kitchens is one of the best ways to increase value in your home. Deciding to remodel the kitchen using green recycled materials can add extra appeal. It also gives homeowners a good feeling knowing that once-wasted materials that are generated from glass manufacturers are now being put to good use. FULL STORY->

Real estate is most certainly local, so "Today's Market" in Denver is much different from Today's Market in Detroit, Dallas or Des Moines. But, for the sake of argument (or discussion), let's just assume that in most US real estate markets, "Today's" is not as much as fun as "a Few Years Ago's." FULL STORY->


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Henry
Featured Writer:
Henry Savage

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