Summit Realty Group's Blog

  Should you walk away from your home? Daily Real Estate News  |  March 7, 2008Some Home Owners Just Walk AwayAs prices drop, more home owners who bought at the top of the market are mailing their keys to the lender and walking away. In some circles, it's called "jingle mail."For a fee, Web sites...

  I hope agents tell their clients about this tax code...Daily Real Estate News  |  March 7, 2008Tax Benefits of Owning a HomeBefore a home owner curses the troubled housing market, he or she should take solace in the U.S. tax code, which makes buying a home a good deal for almost everyone.Here's...

 Bernanke on the 4th of March MoneyNewsTuesday, March 4, 2008 WASHINGTON -- Federal Reserve Chairman Ben Bernanke called Tuesday for additional action to prevent more distressed homeowners from falling into foreclosure. "This situation calls for a vigorous response," Bernanke said in a speech to ...

  I dont think this will help at all, but I still want to hear what you have to say... Daily Real Estate News  |  March 6, 2008New Appraisal Rules for Freddie, FannieFannie Mae and Freddie Mac have reached an agreement with New York Attorney General Andrew Cuomo that requires them to have indepen...

  Here are some issues about taxes...what a joyful thought... Daily Real Estate News  |  March 7, 2008Tax Benefits of Owning a HomeBefore a home owner curses the troubled housing market, he or she should take solace in the U.S. tax code, which makes buying a home a good deal for almost everyone.H...

  This is something that is long in waiting for the west coast and the midwest. Daily Real Estate News  |  March 6, 2008NAR Urges Increase in National Loan Limits The NATIONAL ASSOCIATION OF REALTORS® today called on the U.S. Senate to enact reform legislation for the nation's government-sponsore...

 This some more good news for now...  Daily Real Estate News  |  March 12, 2008Commercial Fundamentals are SteadyCommercial real estate market fundamentals are fairly stable, although investment is waning following a record year in 2007, according to the latest Commercial Real Estate Outlook of t...

  Its true and I want to hear your thoughts and opinion about this article. Daily Real Estate News  |  March 12, 2008Buy Now, says Foreclosure ExpertNow's the time to pick up properties at fire sale prices, says Ralph R. Roberts, author of Foreclosure Investing for Dummies and Flipping Houses for...

This isn't good news Daily Real Estate News  |  March 12, 2008Mortgage Activity Fell Last Week Mortgage applications were down 1.9 percent last week to a seasonally adjusted volume of 671.7, according to the Mortgage Bankers Association weekly survey.On an unadjusted basis, the index decreased 1....

  Thia is a great article that I would like to hear your thoughts on... Daily Real Estate News  |  March 12, 2008Lending Standards Will Stay TightThe loan a borrower qualifies for on Monday is likely to be out of reach on Tuesday because lenders are changing the rules hourly, industry observers s...