Friday, June 24, 2011

6 real estate headlines: 24-June

A daily dose of headlines for real estate agents, mortgage lenders, homebuyers and home sellers.

How to make the most from refinancing
The Motley Fool
: By jumping at the first opportunity to save small amounts, you could give up the chance to reap bigger savings later.�
10 steps to a safe open house
Inman News
: This article is the first of a three-part series focusing on the personal safety of real estate agents and best practices to observe while conducting open houses.
Bernanke: Modify loans where appropriate
Wall Street Journal
: The Federal Reserve chairman talked about the state of the housing market during his press conference Thursday.

New home sales fall for first time in months
: New-home sales fell 2.1 percent in May to a seasonally adjusted annual rate of 319,000 homes, the Commerce Department said Thursday.

What moves mortgage rates?
: Investor demand for a given kind of investment plays a considerable role in moving market yields, because investors have literally hundreds of places to put their money.

A real estate investment that hasn't tanked
Smart Money: In spite of the worst real estate market in decades and a recent market shake-up, REITs have still soundly beaten most other investments. Year-to-date, U.S. REITs are up 7.3%.

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