By Inman News, Tuesday, June 1, 2004. The rookie sold a house! The rookie sold a house! The rookie sold a house! The rookie sold a house...Whoa-oh! Okay, maybe the first successful offer I've written on behalf of a client doesn't rank up there with a radio announcer's call of Bobby Thompson's bottom-of-the-ninth-inning home run that allowed the New York Giants to beat the Brooklyn Dodgers a half-century ago. I don't follow baseball much, but my father was a lifelong Dodgers fan. more...
By Glenn Roberts Jr., Tuesday, June 1, 2004. The home buyer should be at the heart of the home-building process, according to Sara Lamia, a consumer advocate and author of "How to Enjoy Building Your Dream Home." Lamia, a Ft. more...
By Inman News, Tuesday, June 1, 2004. Steven Hightower will speak at Real Estate Connect in San Francisco, July 28-30. Steven Hightower is back at the helm of real estate software venture Terradatum. Hightower was president and CEO of the company from its inception in 1996 until its 1999 merger with HomeSeekers.com. more...
By Carol Lloyd, Tuesday, June 1, 2004. (Part 2 of a two-part series. See Part 1.) At first, David Zicarelli and Ginny Troyer knew nothing about the contentious history of their lovely trees. more...
By Inman News, Tuesday, June 1, 2004. Freddie Mac today announced that its quarterly Conventional Mortgage Home Price Index (CMHPI) found growth in home values increased by an annualized rate of 8.5 percent in the first quarter of 2004, which is down considerably from the fourth quarter but higher than the year-ago period. The first-quarter rate is up from the annualized rate of the first quarter of 2003 when the growth rate was 5.1 percent. "The first quarter of the year was great for the housing market," said Amy Crews Cutts, Freddie Mac's dep more...
By Inman News, Tuesday, June 1, 2004.
By Inman News, Tuesday, June 1, 2004. California housing starts in April fell slightly from March but were up sharply compared to April 2003, indicating that demand remains strong for new homes and apartments in the state, the California Building Industry Association reported Tuesday. A total of 13,802 building permits for single-family homes were issued in April, down 4.7 percent from March but up 16.2 percent compared to April 2003. Seasonally adjusted, the rate was down 6.4 percent from March but up 17.2 percent from the previous year. more...
By Inman News, Tuesday, June 1, 2004. The Federal Trade Commission has charged a group of Colorado-based mortgage brokers with violating federal laws by deceptively claiming they will refinance consumers' mortgages at the lowest rates available at no cost to the consumer. more...
By Inman News, Tuesday, June 1, 2004. Home buyers are confident that housing is a solid investment, according to an informal Inman News survey. About 74 percent of respondents said home buyers are confident, while 4 percent said they are not confident and 22 percent said buyers are uncertain whether housing is a good investment. more...
By Inman News, Tuesday, June 1, 2004. About 7.2 million homeowners took out home equity lines of credit last year, up 12 percent from 2001 when 6.4 million such credit lines were established, according to statistics released today by the U.S. Census Bureau. The statistics came from the American Housing Survey, which is sponsored by the Department of Housing and Urban Development. The survey provides information on a variety of topics, including home ownership, characteristics of homes and their owners, housing costs, vacation homes, gated communities and people's views of their neighborhoods. more...
By Inman News, Tuesday, June 1, 2004. The number of mortgage purchase applications increased last week while the number of refinance applications continued its decline, according to the Mortgage Bankers Association's weekly survey. Overall loan applications decreased by 1.2 percent on a seasonally adjusted basis. The MBA seasonally adjusted purchase index increased by 2.2 percent to 459.8 from 449.8 the previous week. The seasonally adjusted refinance index decreased by 6.6 percent to 1,583.6 from 1,694.9 one week earlier. more...
By Inman News, Tuesday, June 1, 2004. Stewart Title Co. has acquired Whitman County Title in Pullman, Wash., the company announced Tuesday. Existing key management and staff will remain at Whitman County Title, which is located at 130 North Grand Ave. Whitman County Title has been in business since 1979. "With this acquisition and the scheduled June 1 opening of our Stewart Title office in Spokane, we will have excellent coverage in the eastern part of the state," said Michael Gish, district agency manager, Stewart Title Guaranty Co. more...
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