Housing Starts Fall to 12-Year Low
September 20th, 2007 2:27 PM
Housing Starts Fall to 12-Year LowHousing starts fell 2.6 percent in August to a seasonally adjusted annual rate of 1.33 million homes, the Commerce Department reports. Read more >
Faith in the housing market Staging Your Home Works
Faith in the housing market
It didn’t take all that much to sell a house in the real-estate market’s headiest days mere years ago. Where a fresh coat of paint or a new appliance package might have sold a house in the past, these days, even if it’s less about setting up a bidding war than reeling in one viable offer sheet, some say a full-fledged feng shui redo might be in order. Others vouch for the efficacy of burying a likeness of a canonized carpenter. See full story.
The 10 Best Cities to Be a Renter
The 10 Best Cities to Be a Renter The best renters’ markets are in places where supply is abundant, price growth is flat, and renters can get the best value for their dollar.Read more >
Why Did Housing Prices Start Falling? “The problem with housing is not so much that interest rates became especially high, it was that house prices became especially high,” says one economistRead more >
30-Year Mortgages Fall to Lowest Rate in 3 Months
FHA Policy Changes Would Ease Mortgage Crisis NAR on Friday voiced support for an array of FHA changes proposed by President George W. Bush to stem the rapidly rising foreclosure rate.Read more >
30-Year Mortgages Fall to Lowest Rate in 3 Months Freddie Mac reported a drop in the 30-year fixed rate to 6.45 percent, while interest on 15-year fixed loans slipped to 6.12 percent.Read more >
Mortgage rates hit their lowest point in the past month
MORTGAGE RATES
Average mortgage rates hit their lowest point in the past month at 6.63 percent for a 30-year FRM, according to Freddie Mac’s weekly nationwide survey, and most experts expect little change over the short term – good news for prospective homebuyers.
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Martha Stewart Sells Famous Turkey Hill Estate The Westport, Conn
Martha Stewart Sells Famous Turkey Hill Estate The Westport, Conn., estate from where Stewart started her catering business sold for $6.7 million, or 26 percent less than the listing price. http://go-to.realtor.org/t/52XGG/VTCFB/ID/UFOJI
What’s the Most Expensive City in the World?
Daily Real Estate News June 19, 2007
What’s the Most Expensive City in the World?Moscow is the most expensive city in the world, according to this year’s annual Mercer Human Resource Consulting survey. London comes in second place, up from third last year. Overall, Asian cities dominated the top 10 of pricey cities. On the other hand, Asuncion, the capital of Paraguay, is the least expensive city for the fifth year in a row. Mercer surveys the cost of living in 143 cities, comparing the cost of more than 200 household items. Strong currencies dropped New York City to 15th place and Los Angeles to 42nd. No Canadian or Latin American cities were in the top 50.
Top 15 Most Expensive Cities in the World
Moscow, Russia
London, United kingdom
Seoul, South Korea
Tokyo, Japan
Hong Kong, Hong Kong
Copenhagen, Denmark
Geneva, Switzerland
Osaka, Japan
Zurich, Switzerland
Oslo, Norway
Milan, Italy
St. Petersburg, Russia
Paris, France
Singapore, Singapore
New York City, U.S.
Five Inexpensive Ways to Revitalize a Kitchen
Daily Real Estate News June 20, 2007
Five Inexpensive Ways to Revitalize a Kitchen
Replace the flooring. Install laminate floor over old linoleum, vinyl or chipped tile. It costs just $1 to $5 a square foot and looks like wood, stone or tile.
Replace the lighting. A new ceiling fixture costs less than $100 and will brighten up the place. Adding some under-the-cabinet lights will illuminate work surfaces.
Give the cabinets a new life. A coat of paint and new knobs is the cheapest way to go. If you’re able to spend $4,000 to $6,000 on the project, hire a refacing company to replace the doors and drawerfronts.
Refinish the appliances. For a few hundred dollars, an appliance refinisher will re-enamel your stove, refrigerator and dishwasher door in the color of your choice, including a stainless steel look-alike.
Update the backsplash. Replace the space between your cabinets and the countertop with fashionable stone or inexpensive wallpaper. Source: Money, Josh Garskof (07/01/2007)
Flamingo Garden Tours
9:30 am-5:30 pm
Flamingo Garden Tours.Tours are presented in non-technical format by knowledgeable volunteers and bring you a close-up view of the Gardens, wildlife s… Flamingo Gardens. (Educational – Walking Tour). 954-473-2955
10:00 am-5:00 pm
Museum of Discovery and Science Exhibits.Featuring a variety of hands-on exhibits dealing with space, Florida’s unique ecosystems, The Everglades, sound and light, scien… Museum of Discovery and Science. (Educational – Science & Nature). 954-467-6637
Baseball Florida Marlins vs. Minnesota Twins
Sports
7:30 pm
Miami FC vs. Vancouver Whitecaps.USL Professional Soccer Game. Tropical Park Stadium. (Sports – Soccer). 866-57-MIAMI
7:35 pm
Florida Marlins vs. Minnesota Twins. MLB Baseball Game. Dolphin Stadium. (Sports – Pro Baseball). 877-MAR-LINS