Foreclosure and Short Sale Discounts Weigh Down Metro Area Median Prices
First-time home buyers responding to improved affordability conditions, and lower prices of foreclosures and short sales, impacted metropolitan area median home prices in the first quarter, while existing-home sales remained sluggish in many parts of the country, according to the latest survey by…
Freddie Mac Regulations For Condo Buyers
If you're on the market for a condo, make sure you're up to speed with the latest rules and regulations from Freddie Mac regarding condo mortgages.
Download the PDF titled "Freddie Mac Condominium Unit Mortgages" from Freddie Mac. and look at all the other resources available from Freddie Mac to make…
5 Ways to Know the Real Estate Market is Improving
My mother said something interesting to me the other day. She said, "The Realtors in my office are much busier than they were two months ago. They're doing real deals."
This would be just another one of those passing comments except that my mother works for the top Baird & Warner office in downtown…
Home Sales Increase In February, NAR Says
Existing home sales rose by 5.1 percent in February as compared with January, announced the National Association of Realtors this morning.
But they fell 4.6 percent from February 2008.
The median home price fell to $165,400, down from $195,800 a year earlier. NAR's chief economist, Lawrence Yun…
The Ilyce Glink Show This Morning
It's Memorial Day and we're LIVE today, from 11a to 1p on www.wsbradio.com.
Today on the show, we'll be talking about how some Florida condo owners aren't too happy about a developer's plan to buy back their condos -- for a lot less than they just paid. FAIR?
And, Fannie and Freddie rolled back the…
Construction, Condo Sales Continue To Drop
Construction spending in January 2008 fell 1.7 percent from December 2007 and dropped 3.3 percent from one year earlier, to $1,121.5 billion, according to the government.
Chicago Condos Online released the following stats: year-to-date, units closed are down 24 percent. In January, they were down 36…
NPR Listeners Respond To Today's Show - Take 2
Here's another question from the show today: What do you know about the Coral Springs, Florida real estate market for sellers?
I was in Coral Springs either earlier this year or last year. In general, Florida is tough for condo sellers but parts of it are okay for single family homeowners.
But knowing…
Consumer Alert: Beware Of Toothpaste Made In China
On Friday, the FDA issued a warning to consumers about contaminated toothpaste. Consumers are urged to throw away any toothpaste that is marked "Made in China." Here's the official FDA release.
The U.S. Food and Drug Administration (FDA) today warned consumers to avoid using tubes of toothpaste…
Well, it's not great timing, but HoneyBaked Fooods recalled nearly 47,000 pounds of cooked ham and turkey products that could be contaminated with Listeria monocytogenes.
Listeria bacteria can cause serious or fatal infections in children, the elderly or those with weakened immune systems. Suffice it…
On The Ilyce Glink Show This Morning
It seems as though everybody is thinking about the next house they're going to buy. Ellen is thinking about trading her condo for a brick single family house. Matt is thinking about moving from a townhouse to a condo.
Even having just gone through the pain and hassle of moving into a new house…
