LAS VEGAS — New-home buyers responded to the tough times in 2009 by opting for smaller houses, driving down the average size of a house built in the United States for the first time in 27 years. Data released Wednesday by the National Association of Home Builders found the average size of a new home [...]
Posts on ‘February 9th, 2010’
NYTimes: Low Rates for Just a Few
MORTGAGE borrowers might be forgiven for sometimes feeling like victims of a bait-and-switch scheme. For the last year or so, news has been trumpeted about historically low interest rates on 30-year fixed-rate loans; the rates tilted near 4.5 percent late last year and are now hovering above 5 percent. But when a borrower calls a [...]
What Apple’s Tablet Means for Practitioners
Many real estate professionals are excited about the Wednesday release of the Apple Tablet, an all-in-one, touchscreen computer to be priced between $500 and $1,000.Experts say the device will be thin and more easily transported than traditional laptops, and it could help practitioners go paperless by allowing them to access contracts and let clients digitally [...]
