Homes Manual

Real Estate Information

Do Open Houses Work?


What are the odds that you'll find your dream at a Sunday open house? What is the likelihood that your home will sell at an open house? Open houses are an integral part of the home sale business. But, do they work?There are two types of open houses.

Does Staging Work?


Staging can involve minimal effort on the part of a seller. Merely rearranging furniture can show a house off to advantage.

What Are the Pitfalls of Marketing a Property Before Its Ready?


Selling quickly is a high priority for some home sellers. A job transfer can prompt the need to relocate on short notice.

Why Should Sellers Be Absent During Showings?


If only there were a way to sell your home without letting all those people come through. Unfortunately, the reality is that homes must be shown in order to be sold.

What Should I Do If My Home Isnt Selling?


Suppose you've been trying to sell your home for months. You haven't had even a nibble from a prospective buyer.

Is It Wise to Take My Home Off the Market for the Holidays?


Let's say you've had your home on the market for many months without a sale. The holidays are drawing near.

Let the Broker Show the House


Of course you're curious, and you'd like to see what goes on when potential buyers come into your home.But real estate brokers are just about unanimous in asking that you be absent when they bring people in.

Preparing for a Showing


As soon as you decide to put your home on the market, all sorts of sprucing-up are in order. But let's assume you've already scrubbed to a fare-thee-well, touched up a bit of paint, cleared most of the stuff off your kitchen counters and straightened out your closets.

Notify Them When Youre Moving


One of your first steps, when you're getting ready to move, is to pick up a stack of change-of-address cards from the post office. Yes, old-fashioned go-by-snail post cards! You'll want to notify everyone in your address book and also.

If You Move Yourself


You'll want to take some items in your own car when you move, and that's true whether you're hiring a mover or doing the job on your own. You'll hand-carry jewelry, medications, house plants, pets and a suitcase for each family member.

Florida Real Estate Exploding For 15+ More Years?


YEEHAW!!!!!! The south will rise again!! Can't you just imagine the Dukes of Hazard boys sitting on the hood of their car (the General Lee) grinning in front of a For Sale sign in their yard? Well, they should be smiling with the prices in the south, and especially in Florida. But will this Florida real estate trend continue? That is the $100,000 question.

New Homes in Ridgefield


Location:Frequent travelers will absolutely delight in this town! As part of the southwest section of Connecticut, Ridgefield is a convenient town to live in since it is only miles away from both the New Jersey Tri-state area and New York City. It is also close to its neighbor, Danbury, and has a steady population that continues to grow.

For Sale in Ridgefield


Ridgefield Connecticut, located near the New York border, is a small, quiet town, and a great place to live. There are many types of homes that are for sale in Ridgefield, including luxury homes.

Jacksonville Real Estate Listings


With over 30,000 residents, Jacksonville in central Arkansas is a thriving city that offers many opportunities for both longtime residents and newcomers alike. About 20 miles from the state capital of Little Rock, the city is expanding in many ways.

Salt Lake City Real Estate


From the mountains to the valley, there are many types of Salt Lake City real estate to choose from.Cabins:Cabins nestled into the mountains on the east side of the Salt Lake Valley are a great place to escape for those who have a home in the valley (or nearby).

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MORE RESOURCES:

Banks sound but economy to take time: Paulson (Reuters)
Reuters - The U.S. economy needs months to recover from its slowdown, but the banking system remains sound despite a home mortgage crisis that could cause more problems, Treasury Secretary Henry Paulson said.
Paulson `Very Optimistic' on Freddie, Fannie Rescue (Bloomberg)
Bloomberg - July 20 (Bloomberg) -- Treasury Secretary Henry Paulson predicted the Bush administration will prevail in its effort to convince Congress to pass legislation that would allow the government to rescue Fannie Mae and Freddie Mac.
Economy needs months to recover: Paulson (Reuters)

Secretary of the Treasury Henry Paulson testifies before the U.S. Senate Banking Committee on Capitol Hill in Washington, July 15, 2008. REUTERS/Larry DowningReuters - The U.S. economy will need months to recover from a growth slowdown caused by a home mortgage crisis, turmoil in financial markets and high energy prices, Treasure Secretary Henry Paulson said on Sunday.



Paulson Says `Very Optimistic' Freddie, Fannie Plan Will Pass (Bloomberg)
Bloomberg - July 20 (Bloomberg) -- Treasury Secretary Henry Paulson predicted the Bush administration will prevail in its effort to convince Congress to pass legislation that would allow the government to rescue Fannie Mae and Freddie Mac.
Freddie Mac takes step toward issuing stock (AP)

Graphic fact file on US housing finance giants Fannie Mae and Freddie Mac, which were put under Federal Reserve oversight and given bigger credit lines. A newly revived Wall Street faces a fresh test of momentum in the coming week with a wave of corporate results that may indicate whether the latest rebound is for real.(AFP Graphic/Martin Megino/Gal/Js)AP - Mortgage financier Freddie Mac took a step toward issuing common and preferred stock to help bolster its balance sheet Friday when the Securities and Exchange Commission accepted its registration statement filed earlier in the day.



Fannie, Freddie Need Overhaul, McCain Adviser Says (Bloomberg)
Bloomberg - July 18 (Bloomberg) -- Fannie Mae and Freddie Mac need a new structure and shouldn't remain private if they receive capital from the government, said John McCain's leading economic adviser, while Obama's top economist urged quick action on a Treasury plan to shore up the companies.
Freddie Mac files with SEC, first step to capital (Reuters)

The Freddie Mac headquarters is seen on July 14 in McLean, Virginia. Troubled mortgage finance giant Freddie Mac announced plans Friday to raise 5.5 billion dollars through a new share offering as it registered with stock market regulators.(AFP/File/Paul J. Richards)Reuters - Freddie Mac won approval from regulators on Friday to sell the stock needed to overcome mounting losses, and the Wall Street Journal said the mortgage finance company may seek $10 billion.



Fed's Stern supports early rate hikes: Bloomberg (Reuters)
Reuters - The Federal Reserve can not wait until financial and housing markets stabilize before raising interest rates, Minneapolis Fed President Gary Stern said in an interview with Bloomberg on Friday.
Web sites give voyeurs view of neighborhood safety (AP)

Associated Press writer Alex Veiga is photographed in Los Angeles, June 19, 2008, for his real estate column. (AP Photo/Damian Dovarganes)AP - I have no reason to feel unsafe in my neighborhood, but I appear to be surrounded by dozens of people convicted of everything from theft and sex crimes to public drunkenness and speeding.



Freddie Mac to raise 5.5 billion dlrs in share offering (AFP)

The Freddie Mac headquarters is seen on July 14 in McLean, Virginia. Troubled mortgage finance giant Freddie Mac announced plans Friday to raise 5.5 billion dollars through a new share offering as it registered with stock market regulators.(AFP/File/Paul J. Richards)AFP - Troubled mortgage finance giant Freddie Mac announced plans Friday to raise 5.5 billion dollars through a new share offering as it registered with stock market regulators.



Fannie Mae, Freddie Mac shares jump again (Reuters)

Graphic fact file on US housing finance giants Fannie Mae and Freddie Mac, which were put under Federal Reserve oversight and given bigger credit lines. A newly revived Wall Street faces a fresh test of momentum in the coming week with a wave of corporate results that may indicate whether the latest rebound is for real.(AFP Graphic/Martin Megino/Gal/Js)Reuters - Investors snapped up shares of Freddie Mac and Fannie Mae for a second day on Thursday after Freddie pulled off its second successful debt sale following Sunday's announcement of a U.S. rescue plan for the two housing finance companies.



US mortgage giant Freddie Mac weighs share offer (AFP)

The Freddie Mac headquarters is seen on July 14 in McLean, Virginia. US mortgage giant Freddie Mac may attempt to raise capital by selling up to 10 billion dollars in new shares after its stock rebounded this week, the Wall Street Journal reported Friday.(AFP/Paul J. Richards)AFP - US mortgage giant Freddie Mac may attempt to raise capital by selling up to 10 billion dollars in new shares after its stock rebounded this week, the Wall Street Journal reported Friday.



Freddie Mac mulling $10 billion share offer: report (Reuters)
Reuters - Mortgage giant Freddie Mac is considering raising capital by selling as much as $10 billion in new shares to investors, The Wall Street Journal reported, citing people familiar with the matter.
Freddie to adjust mortgage-purchase threshold (Reuters)
Reuters - Freddie Mac expects to purchase mortgages with significantly higher unpaid principal balances, the U.S. mortgage finance company said in a filing with the Securities and Exchange Commission on Friday.
Lawmakers Want Fannie-Freddie Aid Tied to Debt Limit (Bloomberg)
Bloomberg - July 18 (Bloomberg) -- Democratic lawmakers sought to put a constraint on the Treasury's request for unlimited power to buy and lend to Fannie Mae and Freddie Mac, a step that didn't temper Secretary Henry Paulson's optimism about a deal.
Fannie, Freddie Cut Lobbying Budget, Rely on Allies in Congress (Bloomberg)
Bloomberg - July 18 (Bloomberg) -- Fannie Mae and Freddie Mac, for years among the most formidable lobbying forces in corporate America, have seen their political influence decline along with their financial fortunes.
Big Merrill Loss Ends Banks' Bright Day On Glum Note (Investor's Business Daily)
Investor's Business Daily - Financial stocks pushed higher for a second straight session Thursday on better-than-expected earnings from JPMorgan Chase and positive news on Fannie Mae and Freddie Mac .
Fannie Mae's Mudd: won't tap new credit line (Reuters)
Reuters - The chief executive officer of mortgage finance giant Fannie Mae , Daniel Mudd, said on Thursday the company was unlikely to tap emergency credit measures that have been proposed for it by the U.S. Treasury Department.
Economy - Thursday (Investor's Business Daily)
Investor's Business Daily - Home loan rates fell over the last week as Treasury yields fell sharply amid financial woes and views that the Fed won't hike rates this year. The 30-year fixed-rate mortgage fell to 6.26% for the week ended July 17 from 6.37% a week earlier, Freddie Mac said. The 15-year fixed-rate fell 13 basis points to 5.78% this week. The 5-year Treasury-indexed adjustable-rate mortgage edged down to 5.8%, while the 1-year ARM fell 7 ticks to 5.10%. Treasury yields have picked up in the last few days.
Govt OK sought for top pay at mortgage giants (AP)

This May 2, 2007 file photo shows the Fannie Mae building in Washington. For years, mortgage giants Fannie Mae and Freddie Mac tenaciously worked to nurture, and then protect, their financial empires by invoking the political sacred cow of homeownership and fielding an army of lobbyists, power brokers and political contributors. Now, new attention is being focused on the bruised mortgage companies as the Bush administration presses its rescue plan to Congress. (AP Photo/Manuel Balce Ceneta, File)AP - Congress wants to require executives at Fannie Mae and Freddie Mac to have their pay packages approved by the government as part of a bill to throw a federal lifeline to the mortgage giants.


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