Revell Realty, Inc. - Sopchoppy Real Estate

Daily News And Advice

Updated 07/03 10:06 AM CDT

Today's Feature Stories

Real Estate Outlook: Resales Up, Rate Dip

Definite signs of improvement continue to pop up in real estate around the country. Condo sales also jumped five and a half percent nationwide. Sales of existing homes were up even in some of the hardest hit local markets. FULL STORY->

Realty Viewpoint: Reroute The Commute

The nation is learning a tough lesson -- that designing our lifestyles around cheap gas was a short-sighted mistake. FULL STORY->

Mind Your Star Spangled Manners

Even Americans who regularly pledge allegiance by flying the flag at home aren't always practicing correct flag etiquette. Here's how to mind your star spangled manners. FULL STORY->

What if the Same Company Represents Buyers?

Usually, when there is talk of dual agency in real estate one has in mind a situation where both buyer and seller are represented by the same agent. The problem, presumably, is that it is difficult, if not impossible, for the same agent to represent parties that have competing interests. Can the same agent represent different buyers in such situations? FULL STORY->

Gas Prices Too High To "Waste" My Time with Buyers?

Are gas prices really too expensive for real estate agents? Columnist Jennifer Allan doesn't think so. FULL STORY->

Mortgage Rate Reverse Trend and Fall Off this Week

Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.35 percent with an average 0.6 point for the week ending July 3, 2008, down from last week when it averaged 6.45 percent. Last year at this time, the 30-year FRM averaged 6.63 percent. FULL STORY->

Headlines

Why Shun Investors?
Foreclosures and short-sales are a growing part of our real estate inventory, so why don't we encourage more people to buy them? Columnist Peter G. Miller explains. FULL STORY->

Condo Trends: Conversion Bailouts Latest Loan Fraud Scheme
Want to invest in a new condo with a guaranteed cash flow? Sound too good to be true -- it may be and it could be you're looking at the latest loan fraud scheme on the market. FULL STORY->

Interest Rate Update
Today's Interest Rates from Realty Times are based on a 30 year amortization rate, with good credit and no origination fees. With no major economic news today to report, mortgage rates remain the same. FULL STORY->

Readers Choice

CURRENT
MORTGAGE RATES

Interest Rate Watch
30 yr fixed: 6.35%
15 yr fixed: 5.92%
1 yr adj: 5.17%
30 yr jumbo:
(U.S. Averages)

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