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These Relics Could Sink a Sale    Housing fashions flare and fade nearly as fast as clothing fads. The backyard fire pit? It will go the way of the ruffled tuxedo shirt. The soaring two-story foyers?


Wall Street hurt by mortgage worries (Reuters via Yahoo! News)   U.S. stocks slid on Monday as a worldwide flight from riskier assets moved into a second week, fed in part by heightened concerns about the flagging health of the


Confused by all the Mortgage Options? Here's Help (Carmi Times)  (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,


Not Local, Not Welcome    P.J. McGoldrick can't live on land he owns five miles from his birthplace in County Sligo in the west of Ireland. He isn't local enough. read more...


Capital One Financial to Quit Residential Mortgage Business (New York Times)  The company also said it would close its wholesale mortgage banking unit and lay off roughly 1,900 employees.read more...


Foreclosures of Dallas-Fort Worth homes worth more than $1M double 2:46 PM CT  The mortgage meltdown that started out with mostly moderate- and low-income borrowers has spread to more affluent homeowners.read more...

September 15th, 2006

Influx — or Glut?

In the face of a real estate slump that has left home sellers longing for the good old days, when homes sold within minutes of hitting the market, real estate agents are still flooding into the business.

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