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REAL ESTATE NEWS

Today's Real Estate News & Advice

Updated: April 04, 2006

Inventory of Unsold New Houses Rising
The inventory of unsold new homes has risen to an all-time high. But the number includes units that haven't even been started yet. And even at the record high, the backlog could be sold out within six months at the current sales pace. Lew Sichelman has all the details. FULL STORY->

Today's Headlines

Developing California Ski Town Promises Spaciousness
Nestled in the Sierra Nevada Mountains of California, Kirkwood Mountain Resort is making its mark as a destination ski resort and real estate investment site. FULL STORY->
FTC to Mortgage Insurers: Alert homebuyers of Credit File Problems
A new Federal Trade Commission court filing could help thousands of home buyers avoid needlessly inflated monthly mortgage charges. When negative information in credit bureau files cause borrowers to pay higher monthly mortgage insurance premiums, mortgage insurance companies should issue fair-credit "adverse action" notices to loan applicants urging them to check their files. FULL STORY->
Housing Counsel: Investor Rules of "Pigs" and "Pals"
Benny L. Kass discusses some of the finer points of tax returns, including "passive income generators (PIGs)" and "passive activity losses (PALs)," in this week's installment of Housing Counsel. FULL STORY->
A Widow's Cost Basis
An update to Benny L. Kass's article, "Housing Counsel: Don't Forget the Stepped up Basis," where a widow was in need of selling a property. FULL STORY->
California Market Shake Out Continues
Prices are still rising in the Golden State, but sales are well off those from a year ago, adjustable rate mortgages are losing favor and lenders continue to put the squeeze on borrowers. FULL STORY->
Ask Realty Times
Have a Real Estate question? Wondering about buying, selling, financing, refinancing or renting? Send your inquiry to Peter G. Miller, OurBroker®, a nationally-known columnist, author and reporter. For a look at recent Ask Realty Times columns, or to send your question, click on Full Story below. FULL STORY->

Today's Market Conditions Report
A comprehensive analysis of the market, with over 5,000 reports from Realtors across North America.
Another weekend has come and gone, but the real estate market ceases to take a rest. All across the nation markets are starting to come to terms with the idea that buyers are in short supply. FULL STORY
HOT PROPERTY
Operating in other rooms now
Patrick Dempsey
On the work front, Patrick Dempsey and Oscar nominee George Clooney have a lot in common. Both have starred as doctors in hit TV medical series. And both have leading-man good looks.
>> MORE  

By Tom Petruno and Kathy M. Kristof
Americans remain largely optimistic that home values will keep rising in the next few years, but some are concerned that they won't be able to keep up with their mortgage payments, according to a Los Angeles Times/Bloomberg poll.
By Danny Miller
Want a film set in your living room? It's all about looks, marketing and good neighbors.

 Also in Real Estate:

 
Americans remain largely optimistic that home values will keep rising in the next few years, but some are concerned that they won't be able to keep up with their mortgage payments, according to a Los Angeles Times/Bloomberg poll.
 














 


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