McCain & Associates, LLC

phone: (334) 821-5885  

 

 

Real Estate News

Below are the latest real estate news headlines for buyers and sellers.

WSJ.com: Real Estate

Selling a Dallas Home in a Down Market
Neal Templin and his wife sold their Dallas home at a 12% discount off their starting price. He shares their humbling experience of getting the house ready for sale, exchanging offers and counteroffers and then signing the contract.Read Article
Thu, 07 Aug 2008 10:27:00 EDT

Connecticut Files Suit Against Countrywide
Connecticut Attorney General Richard Blumenthal has sued Bank of America's Countrywide Financial for allegedly deceptive lending practices.Read Article
Thu, 07 Aug 2008 03:09:00 EDT

Mortgage Failure Rate Rises
Mortgages issued in the first half of 2007 are going bad at a pace that far outstrips 2006, an analysis shows.Read Article
Thu, 07 Aug 2008 09:09:00 EDT

Owners Think Home Values Have Risen
In its second-quarter survey, real-estate data firm Zillow found that 62% of the 1,361 homeowners who responded said they believe the value of their home increased over the past year. But that optimism is out of sync with reality.Read Article
Thu, 07 Aug 2008 00:22:00 EDT

Fannie, Freddie's Right to Lobby Questioned
Some lawmakers are arguing that Fannie Mae and Freddie Mac should not be allowed to lobby the government because taxpayers could be on the hook if the Treasury has to bail out the companies.Read Article
Thu, 07 Aug 2008 09:18:00 EDT

Even the Rich Get Home-Equity Yanked
Morgan Stanley added some of its well-heeled clients to the long list of customers whose lenders have frozen or reduced their home-equity loans.Read Article
Wed, 06 Aug 2008 21:39:00 EDT

New Tax Rules May Hurt House-Hoppers
Part of the housing-stimulus package recently signed into law could reduce the appeal of a tax-saving strategy used by wealthy home-hoppers. Many owners might not be eligible to claim the full exclusion on a vacation or rental home they convert to a primary residence.Read Article
Wed, 06 Aug 2008 19:29:00 EDT

Pulte Homes Gives Discount to New Buyers
Pulte says it will match a new $7,500 tax credit for first-time home buyers with its own $7,500 discount on homes with the goal of drawing attention to Pulte homes and the housing market in general.Read Article
Wed, 06 Aug 2008 08:50:00 EDT

Complex Mortgages May Hit FirstFed
Mortgage lender FirstFed could be hit with a high number of defaults on complicated loans that went mainly to people with good credit.Read Article
Wed, 06 Aug 2008 05:19:00 EDT

Treasury Hires Morgan Stanley
The Treasury Department hired Morgan Stanley to provide "market analysis and financial expertise" in connection with its rescue plan for Fannie Mae and Freddie Mac.Read Article
Tue, 05 Aug 2008 23:07:00 EDT

 

 
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Connie McCain  -  McCain & Associates, LLC
Ph: (334) 821-5885  -  Fax: (334) 821-5887
1943 South College Street, Suite E
Auburn, AL 36832
www.MCCAIN-ASSOCIATES.org

 

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