Real Estate News Network July 3, 2008

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Today's Market Conditions Report
A comprehensive analysis of the market, with over 10,000 reports from Realtors across North America.

New homes sales are moving at a snail's pace -- in the middle of home buying season. Is there relief on the way? FULL STORY->

Today's Headlines

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->

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

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->

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->

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

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->


Have a Real Estate question? Wondering about buying, selling, financing, refinancing or renting? Send your inquiry to Peter G. Miller, OurBroker®, a nationally-known columnist, author and reporter. For a look at recent Ask Realty Times columns, or to send your question, click on Full Story below. FULL STORY->

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Featured Writer:
Peter L. Mosca

Mortgage Rates
30 Year Fixed: 6.35%
15 Year Fixed: 5.92%
1 Year Adj: 5.17%
(U.S. Weekly Averages)

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