Wednesday, August 17, 2005

The Seattle Times: Real Estate: Buckle up: Buying that first home can be wild ride

The Seattle Times: Real Estate: Buckle up: Buying that first home can be wild ride: "Buying a home can be a trying experience even for the most seasoned homeowners. But for first-time homebuyers, the emotional roller coaster is especially gut-tugging, a new study says.
First-time buyers go through a series of emotional highs and lows in the home-buying process, based on 11 key 'satisfaction milestones' identified in research from RealEstate.com. Those milestones include everything from the initial dreams of homeownership and what that might entail to the harsh realities of home-inspection reports."
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MBA: Mortgage activity up for first time in three weeks - Aug. 17, 2005

MBA: Mortgage activity up for first time in three weeks - Aug. 17, 2005: " Applications for home mortgages climbed last week, snapping a three-week decline, as interest rates fell for the first time since June, an industry group said Wednesday.
The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity rose 2.2 percent to 761.3 in the week ended Aug. 12. The results followed three straight weeks of falls. "
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JS Online: Median home prices exceed $200,000

JS Online: Median home prices exceed $200,000: "America's home-buying spree pushed median resale prices well past $200,000 in Wisconsin's two biggest metropolitan areas and the nation this summer, new industry data show.
'Anything and everything that's below $200,000 is moving fairly quickly in our area,' Aura Mora-Gheller, broker with Milwaukee's Homestead Realty, said Tuesday. 'There's an incredible drive out there to get a home, and it's been going on 10 years now.'"
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Real Estate Experts Put Home Buying Within Reach

Real Estate Experts Put Home Buying Within Reach: "The team of best-selling real estate authors and industry heavyweights includes Robert Allen, Bob Bruss, Brian Tracy and William Emerson who give homebuyers an inside look at each step of the buying process.
'These are the people I would go to for advice,' says author Brian Yui. 'Nobody knows the ins and outs of every aspect of real estate. Having contributors focus on their areas of expertise is a recipe for success.'"
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Phoenix foreclosures down, but firm sees warning signs - 2005-08-16

Phoenix foreclosures down, but firm sees warning signs - 2005-08-16: "Foreclosures.com, a California investment advisory firm, reports that filings of new notices of trustee sales in the Phoenix metro area totaled 2,243 in the second quarter of 2005, down from 3,220 in the first quarter. "
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Mortgage Foreclosures

WCJB - TV20 News - Your Home Team - Gainesville - Lake City - Ocala: "Your house is probably worth more than you know. That's because property values are sky rocketing in North Central Florida, up ten percent in just the last year. That hasn't stopped people from buying homes.
More Floridians own homes than ever before but buyer beware. There is a downside. The foreclosure rate in Florida is also rising.
70 percent of the people watching this newscast own their own home but a lot of people will lose their homes to foreclosure. Alachua County is on pace for about 180 foreclosures this year as opposed to 192 last year. But that doesn't stop local mortgage brokers and city officials from fearing the worst. They say the dream of home ownership could turn into a nightmare of foreclosure"
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