It took six years and major controversies with Capitol Hill, but last Thursday HUD published final regulations mandating uniform disclosures for all new home mortgages — plus tougher rules requiring “good faith estimates” from lenders that accurately reflect the line items on consumers’ settlement sheets at the end of a home purchase or refinancing.
Source:
Washington Report: Uniform Disclosures Mandated
Dallas/Ft. Worth, Texas Realtors are so up on their market that they even created a web site about it: www.DFWHousingFacts.org. The web site touts all the reasons the 4th largest metropolitan area in the U.S. is a great place to buy in today s economic environment.
Originally posted here:
Hot Market: Dallas/Ft. Worth: Where Everything’s Big
CB Richard Ellis Realty Trust has teamed up with Duke Realty Corp. to buy four industrial properties - including one in the Dallas area.
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CB Richard Ellis, Duke Realty purchase 4 industrial properties 2:40 PM CT
A proposal that would trade property tax cuts for increases in other taxes is off Florida’s Nov.
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Judge removes tax swap from Fla. ballot
North Texas pre-owned home sales were down 16 percent during July compared with year-earlier numbers.
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Dallas-Fort Worth pre-owned home sales fall 16% in July
Where are the best opportunities to buy houses at below market prices, fix them up and sell them at a substantial profit?
Excerpted from:
Investor Report: Where to Buy Low, Sell High
Dallas homeowners are between a rock and a hard place.
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Realty Viewpoint: Dallas Gains Jobs, Yet Banks Choke Housing
Although the red-and-white flag flew proudly from coast to coast to coast on July 1, was this a truly happy birthday for Canada? Are Canadians suffering from a false sense of security?
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Happy 141st Birthday, Canada?
If you have a client or you are a buyer getting a mortgage loan today, count your lucky stars. Mortgage loan lenders are continuing to choke the housing market to the point that even those with good credit are having a tough time getting funds.
See the original post here:
Realty Viewpoint: Banks Choke Sales, Blame Delinquencies
By STEVE BROWN / The Dallas Morning News stevebrown@dallasnews.com A Trammell Crow Co.
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Construction begins on Garland mixed-use project
Blanche, just over a year ago you interviewed me regarding the opportunities for real estate agents and brokers to specialize in the area of residential real estate (handling bank owned properties — REO homes) which has become my 37 year career. While there is no time to lose in trying to get in on this business, I can safely say that it’s not too late. Not a day goes by in the financial press and in regular newspapers that we are not reminded that the “Tsunami of foreclosures” (my title) will likely bring the country to the precipice of a national recession.
See the rest here:
Too Late to Become and REO Broker? No Way!
Blanche, just over a year ago you interviewed me regarding the opportunities for real estate agents and brokers to specialize in the area of residential real estate (handling bank owned properties — REO homes) which has become my 37 year career. While there is no time to lose in trying to get in on this business, I can safely say that it’s not too late. Not a day goes by in the financial press and in regular newspapers that we are not reminded that the “Tsunami of foreclosures” (my title) will likely bring the country to the precipice of a national recession.
Originally posted here:
Too Late to Become an REO Broker? No Way!
