July 31, 2007

Paris Hilton's home is for sale - news from AP

Paris Hilton luxury home for saleHere is the news about for sale. Based on the news, 's 1926 went on the market on Friday for a cool $4.25 million. You can see the picture of her beautifl house and also read the news by click here.

Filed under Celebrity Homes by John W.
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I was surfing CNN web site and found this nice CNN video by Gerri Willis. In her video, she gives five very nice home selling tips in this sluggish housing market. They are 1) Helping the buyer with some money;  or 2) paying closing costs; or 3) paying points for buyer's ; 4) offering to buyer; and 5). rather than offering free vacation. To watch the video, click here :
 

Filed under Home Selling in Buyer's Market by John W.
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Australian new home sales slip in June: report - MarketWatch

30 Jul 2007 at 3:19am

Australian new home sales slip in June: report
MarketWatch - 14 hours ago
Sales of multi-units dwellings dropped 20.1% while private detached home sales rose 2.3%. For the financial year ending June 30, new home sales fell 12%. ….
DJ Australian New Home Sales Fall 0.8% In June Vs May cecu.de
Business confidence soaring Melbourne Herald Sun
Australian New Home Sales Drop In June - HIA RTT News
The Age - Queensland Business Review
all 25 news articles

Home sales dipped in June - Bizjournals.com

30 Jul 2007 at 1:18pm

Home sales dipped in June
Bizjournals.com, NC - 4 hours ago
The number of single family home sales in the Albany, NY, area dropped in June as prices stayed level, according to the Greater Capital Association of ….

New-home sales fall for fifth year in succession - The Age

30 Jul 2007 at 10:05am

New- home sales fall for fifth year in succession
The Age, Australia - 7 hours ago
A Housing Industry Association survey found new home sales fell 12.1 per cent in 2006-07, the fifth consecutive year of falls. The survey, a sample from ….

US new home sales plunge 6.6 percent in June - Turkish Daily News (subscription)

30 Jul 2007 at 4:33am

US new home sales plunge 6.6 percent in June
Turkish Daily News (subscription), Turkey - 13 hours ago
The June number of new home sales , the lowest since March, was significantly below the Wall Street analyst forecast of 900000 units. New home sales in May ….

Home-sales market tipping toward buyers - Seattle Times

29 Jul 2007 at 3:24am

Home - sales market tipping toward buyers
Seattle Times, United States - Jul 29, 2007
As in much of the county, slower home sales have given buyers like Rhodes an edge. The area's inventory of available houses is growing and that means more ….

Home sales dipped in June (BizJournals)

30 Jul 2007 at 10:06am

The number of single family home sales in the Albany, N.Y., area dropped in June as prices stayed level, according to the Greater Capital Association of Realtors Inc.

Home sales fall, affordability worsening (News Interactive)

30 Jul 2007 at 12:15am

A FALL in monthly new home sales shows the housing affordability crisis is worsening, an industry group says.

New home sales fell 12 per cent in 2006/07 (Sydney Morning Herald)

30 Jul 2007 at 12:40am

New home sales eased in June and fell sharply during the last financial year with unit sales leading the plunge, a survey shows.

Australian New Home Sales Drop In June - HIA (Nasdaq)

30 Jul 2007 at 12:34am

(RTTNews) - New home sales among Australia's largest builders and developers dropped 0.8% in June, the Housing Industry Association- HIA said Monday. New home sales fell to a level of 8,321 dwellings in June.

Affordability crisis hammers home sales (The Age)

29 Jul 2007 at 10:59pm

New home sales tumble by 12 per cent in last financial year, survey shows.

Information provided by Google and Yahoo

Filed under Housing Market News by John W.
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on mortgage payments is the biggest risk when selling your home with owner financing.  I wrote an article on how to protect buyer default in my previous blog titled "How To Do Owner Financing And The Eleven Rules You Must NOT Break To Protect You From Buyer Default". You can click here to read the details about it.

Here is another links related to this issue:

http://besthomesellingtips.com/2007/07/29/top-10-mistakes-made-when-selling-your-home-with-owner-financing/

 

Filed under Selling home owner financing by John W.
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In my previous blog, I wrote about how to sell your home with ,  its associated risks, and how to protect you as a seller from buyer default. Now, is down and using the tools of may help you to sell you home fast. However, you should always be aware that there are risks associated with owner financing and know how to control the risks. The biggest risk is the . You should always take precautions about this and do not break the golden rules I described in my previous blog. Or your punishment will be very severe.
 
Today, I am going to tell you the top 10 mistakes made when with owner financing in the style of . These are the mistakes you should never make after you read this blog. Read more

Filed under Selling home owner financing by John W.
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July 28, 2007

Housing Market News

KC housing market bucks national trend as sales increase - Kansas City Star

27 Jul 2007 at 11:18pm

Boston Globe KC housing market bucks national trend as sales increase
Kansas City Star, MO - 13 hours ago
The average new- home sales price in the Kansas City area in June was $296779, about 5.5 percent higher than a year earlier, the regional Realtors reported. ….
Maine Home Sales Down In June WCSH-TV
US housing gloom darkens; sales tumbled in June INQ7.net
US home sales slip; prices edge up Detroit Free Press
CNNMoney.com - Washington Post
all 147 news articles

New-Home Sales Sink, As Does the Forecast - Washington Post

27 Jul 2007 at 1:50am

Philadelphia Inquirer New- Home Sales Sink, As Does the Forecast
Washington Post, United States - Jul 26, 2007
Sales fell in June though the median price dropped from a year ago. (By Danny Johnston — Associated Press) The fall in new- home sales was the latest piece ….
US New- Home Sales Decreased 6.6% in June to an 834000 Pace Bloomberg
New- home sales drop 6.6% to 834000 MarketWatch
US June new home sales down 6.6 pct to 834000 units vs 905000 expected Forbes
Forbes - Reuters
all 169 news articles

Home sales sink; 2 builders lose - Chicago Tribune

27 Jul 2007 at 3:02am

Philadelphia Daily News Home sales sink; 2 builders lose
Chicago Tribune, United States - Jul 27, 2007
The bad news for the housing industry continued Thursday, when the government said new- home sales in June fell more than expected and two major home ….
Things go from bad to worse for US home builders Washington Post
Things go from bad to worse for US home builders Reuters
UPDATE: US Home Builders Further Darken Housing Outlook CNNMoney.com
CNNMoney.com - News & Observer
all 112 news articles

HOME SALES, published July 28 - San Jose Mercury News

28 Jul 2007 at 4:56am

HOME SALES , published July 28
San Jose Mercury News,  USA - 8 hours ago
Real estate sales information is from public county records listed three to four weeks ago and provided by California REsource. Listings change weekly. ….

Sales, home values continue to drop - Bizjournals.com

26 Jul 2007 at 6:26pm

Sales , home values continue to drop
Bizjournals.com, NC - Jul 26, 2007
But sales in the Orlando area saw a steeper decline. The Orlando market saw existing single-family home sales drop by 43 percent, from 2800 in June 2006 to ….
Existing- home sales decline again Seattle Times
June sales of Valley homes reach 24-year low as median price rises Los Angeles Daily News
Home sales market still shrinking, but prices bottom out Bizjournals.com
Bizjournals.com - Orlando Sentinel
all 52 news articles

HOME SALES (Dallas Morning News)

28 Jul 2007 at 4:11am

This list of recent home sales in Mesquite and Balch Springs was compiled by MasterFiles Inc. from county deed records. The amount listed is the mortgage, not the total price. In each ZIP code, sales are organized alphabetically by street and include the date recorded.

Area home sales decline over '06 (The News & Advance)

27 Jul 2007 at 10:07pm

Home sales for the first half of the year are down in greater Lynchburg compared to the first half of 2006, but the region is not experiencing the same decline as other regions that experienced the run up in prices in the last five years, according to a report by the Virginia Association of Realtors released Friday.

Existing home sales fall locally (Asheville Citizen-Times)

27 Jul 2007 at 5:39pm

ASHEVILLE - The Buncombe County home market fell even further in June as existing home sales were down 19.2 percent over June 2006, according to figures from the N.C. Association of Realtors.

New-home sales down 6.6 percent (BizJournals)

27 Jul 2007 at 11:35am

The federal government reported new home sales dipped a hefty 6.6 percent in June. That was more than economists expected, which showed the continued sluggishness in the U.S. housing market and led to Thursday's decline in stocks.

Existing-home sales drop in Charlotte (BizJournals)

27 Jul 2007 at 10:44am

Existing-home sales in the Charlotte area fell 13 percent in June.

Information provided by Google and Yahoo

Filed under Housing Market News by John W.
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Offering can help you to broaden your base of the potential buyers and may help you to in a buyer’s market. You can offer on your home in a number of ways. You can do 100% owner financing or partial owner financing depending on your financial situations and existing loan balance.
 
In 100% seller financing, you finance the entire amount of the sale price. You will not receive your entire proceed of the sales until the buyer’s loan is paid off. You can do 100% financing whether you own a house free and clear or a house with an existing loan.
In partial seller financing, you finance some amount of agreed certain percentage of the sale price, you will not receive that portion of the sale proceeds until the buyer pays off the total amount you financed.
 
However, if you need cash now, you can also sell the to other investors at a discount and cash out.

Then, what are the advantages to do owner financing?

Read more

Filed under Selling home owner financing by John W.
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You have heard all the negative news about the in last few months. For some reason, you got to sell your home now. Do you want to know what the are doing to sell their properties in a and figure out how to sell your home like a real estate guru? Followings are what they are doing now: Read more

Filed under Home Selling in Buyer's Market by John W.
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Stocks Seesaw After Weak Home Sales Data - Forbes

26 Jul 2007 at 10:27am

Philadelphia Daily News Stocks Seesaw After Weak Home Sales Data
Forbes, NY - 14 hours ago
By JOE BEL BRUNO 07.26.07, 10:21 AM ET Stocks seesawed in early trading Thursday after disappointing home sales figures added to investors' increasing ….
Ahead of the Bell: New Home Sales BusinessWeek
Sales of new homes plunge by the largest amount in 5 months …. International Herald Tribune
The Real-Estate Market Still Stinks, but Some Housing Stocks May …. U.S. News & World Report
New York Times - CanadianBusiness.com
all 139 news articles

US home sales slip; prices edge up - Detroit Free Press

26 Jul 2007 at 3:18am

Boston Globe US home sales slip; prices edge up
Detroit Free Press, United States - 21 hours ago
BY GRETA GUEST The real estate market remains sluggish as existing home sales dropped 3.8% in June while prices rose slightly, the National Association of ….
ECONOMIC REPORT: Existing- home Sales Fall To 5-year Low In June …. CNNMoney.com
Home Sales on a 'Staircase to the Basement' Washington Post
Existing- Home Sales Hit 41/2-Year Low As Housing Still Looks For …. CNNMoney.com
Toronto Star - Reuters.uk
all 365 news articles

Sales, home values continue to drop - Bizjournals.com

26 Jul 2007 at 6:26pm

Sales , home values continue to drop
Bizjournals.com, NC - 6 hours ago
But sales in the Orlando area saw a steeper decline. The Orlando market saw existing single-family home sales drop by 43 percent, from 2800 in June 2006 to ….
Existing- home sales decline again Seattle Times
Home sales market still shrinking, but prices bottom out Bizjournals.com
Home Sales in Polk County Maintain Downward Trend The Ledger
Bizjournals.com - Orlando Sentinel
all 47 news articles

Stocks Plunge After Weak New Home Sales - ABC News

26 Jul 2007 at 4:29pm

CTV.ca Stocks Plunge After Weak New Home Sales
ABC News - 8 hours ago
Wall Street fell sharply Thursday, extending its weeks-long streak of volatility after disappointing home sales figures added to investors' increasing ….
Dow Plunges 400 Pts on Credit Concerns Forbes
Mortgage lending crisis sparks Wall Street plunge World Socialist Web Site
Wall Street hits a dead end The State
all 713 news articles

US New-Home Sales Decreased 6.6% in June to an 834000 Pace - Bloomberg

26 Jul 2007 at 10:04am

Canada.com US New- Home Sales Decreased 6.6% in June to an 834000 Pace
Bloomberg - 15 hours ago
Economists forecast new home sales would decline to a 890000 annual pace from an originally reported 915000 rate the prior month, according to the median ….
US new- home sales slide 6.6% MSNBC
US June new home sales down 6.6 pct to 834000 units vs 905000 expected Forbes
New home sales fell 6.6 percent in June Reuters
MarketWatch - People's Daily Online
all 71 news articles

Stocks plunge after weak new home sales (AP via Yahoo! News)

26 Jul 2007 at 11:29am

Wall Street fell sharply Thursday, extending its weeks-long streak of volatility after disappointing home sales figures added to investors' increasing uneasiness about the mortgage and corporate lending markets. The Dow Jones industrials fell more than 200 points.

Stocks seesaw after weak home sales data (AP via Yahoo! News)

26 Jul 2007 at 10:21am

Stocks seesawed in early trading Thursday after disappointing home sales figures added to investors' increasing uneasiness about the housing and mortgage lending markets.

New home sales fall again (UPI)

26 Jul 2007 at 6:09pm

New home sales fell in June for the fifth time in six months while the demand for expensive goods grew for the fourth of five months.

Twin City home sales nearly flat in June (The Pantagraph)

27 Jul 2007 at 12:28am

BLOOMINGTON â?? Home sales in the Twin Cities in June remained almost even with the previous monthâ??s sales, at a time of year when sales usually increase.

Ugly New Home Sales Report (Zacks.com via Yahoo! Finance)

26 Jul 2007 at 11:20am

On a year-over-year basis, new home sales were down 22.3% from a rate of 1.073 million in June 2006.

Information provided by Google and Yahoo

Filed under Housing Market News by John W.
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July 26, 2007

Five ways to sell you home in sluggish housing market

Real estate market is slow in some places now. So as a seller, you have to be creative in the way of . Here are some methods for . Read more

Filed under Home Selling in Buyer's Market by John W.
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