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Daily Real Estate NewsA daily compilation of top real estate headlines from around the country.15-Year Rate Hits Record Low The average rate for 15-year mortgages dipped to a new bottom this week, and the 30-year rate approached its record low as well. Delinquent Mortgages Reach Record Levels The percentage of mortgages in some state of foreclosure has hit a new high, but housing experts still see brighter days ahead. Fannie Mae 'En Espanol' The secondary mortgage finance organization has gone bilingual. Green Renovations to Gain Market Share According to the research firm SBI Energy, the market for green renovation products will grow 50 percent faster than the rest of the renovation sector. Hiring Boom for Mortgage Restructuring Due to the need for mortgage restructuring, loan servicers are among the few businesses hiring right now. Housing at Its Most Affordable in Years The typical U.S. family could afford more than two-thirds of all homes sold during the third quarter of this year. Wanted: Selling Sources Do you have a story to tell about a recent sale? How about your first sale? We want to hear about it! Commercial Investment Remains Tough Sale Until market improves, incentives aren't aligning with investor needs. Commercial Real Estate Forecast Uncertain Credit availability is the big question mark going into 2010. Four Tips for Smarter Foreclosure Shopping To make purchases of distressed sales pay off, you have to invest the time to research properties adequately. Increasing Volume of Foreclosures in Pipeline The end of moratorium programs is contributing to an anticipated increase in distressed properties. Market Should Be 'Near Normal' in the Spring Expanded tax credit will induce established buyers to think about purchasing for retirement. NAR and DocuSign Partner on E-Signatures Partnership aims to help NAR members through "ESIGN" services that speed transaction processing. The Season for Gift-Giving, Real Estate Style Choose closing gifts with an eye toward their long-term utility. Wooing Tenants with Small Property Fixes New carpet and paint are among the low-cost steps independent landlords are trying to keep and add tenants. |