Summit Realty Group's Blog

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Real Estate Broker/Owner - Summit Realty Group- The Future of Real Estate Today!
Anything goes so lets talk about what's going on in the real estate market both nationally and internationally. Our firm likes to hear what is going on in the city and small towns across the country.

ARCHIVED BLOG POSTS

2008 

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  Daily Real Estate News  |  March 20, 2008Interest Rate Cuts Help ARM Holders The Federal Reserve's rate cuts aren't doing much to lower mortgage rate for new buyers, but they could help holders of existing adjustable rate mortgages.Rates on home-equity lines of credit, credit cards and ...
03/31/2008
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  Daily Real Estate News  |  March 20, 2008Fannie, Freddie Get Cash to SpendThe Office of Federal Housing Enterprise Oversight yesterday reduced the amount of capital it requires Fannie Mae and Freddie Mac to maintain from 30 percent to 20 percent.That means the companies are being allowed to tak...
03/30/2008
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  Daily Real Estate News  |  March 20, 2008Home Sellers Resort to Weird Deals Frustrated home sellers are trying an array of techniques to sell their slow-moving homes.In Colorado, J.J. Rodgers has launched an essay contest. So far, she has received more than 500 essays - accompanied by a $100 en...
03/30/2008
Daily Real Estate News  |  March 20, 2008Practitioners Dig Up New RevenueRather than flee the real estate industry due to the housing downturn, experts say real estate practitioners should use their skills and experience to offer services outside of buying and selling homes to supplement their in...
03/30/2008
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Daily Real Estate News  |  March 27, 2008Multifamily Housing Lures InvestorsThe shifting housing market is making multifamily housing more attractive for investors.During the property boom, the rental market soured and landlords had to offer expensive incentives to get and keep tenants. With risi...
03/30/2008
Daily Real Estate News  |  March 27, 2008Jumbo Loan Rates to Climb HigherJumbo Federal Housing Administration mortgages are likely to carry interest rates that are at least a 0.375 percentage point higher than rates on normal FHA loans, said Mahesh Swaminathan, a mortgage strategist at Credit Sui...
03/30/2008
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Daily Real Estate News  |  March 27, 2008Curb Appeal Sells Homes, Survey SaysA survey of almost 500 real estate agents commissioned by JELD-WEN Windows & Doors indicates the increasing importance of curb appeal in selling a home. According to the Real Estate Agent Community Trends survey, 82 ...
03/30/2008
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Daily Real Estate News  |  March 27, 2008Paulson: Price Easing was 'Inevitable'The U.S. government shouldn't interfere with a drop in housing prices, but should strive to minimize the impact on the economy, U.S. Treasury Secretary Henry Paulson told a meeting Wednesday of the U.S. Cha...
03/30/2008

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  Daily Real Estate News  |  March 27, 2008Don't Forget: PMI is Deductible As April 15 tax day approaches, here is a reminder for home buyers with mortgage insurance.Home owners with adjusted gross incomes of $100,000 or less can deduct the full cost of their government or private mortgage in...
03/30/2008
  Daily Real Estate News  |  March 27, 200810 Fastest Growing U.S. CitiesThe fast-growing areas in the United States are in the Sunbelt, with Texas leading the way, according to data released today by the U.S. Census Bureau.Dallas-Fort Worth added more than 162,000 residents between July 2006 and...
03/30/2008
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