Mary Beth Lynch

Broker

Today's Real Estate News and Advice

Updated: August 15, 2008

Investor Report: Hidden Tax Pitfall
Here's a tax alert for real estate investors who use popular tax-free exchanges: The recently signed federal housing legislation contains a hidden zinger that could cost you thousands of dollars if you don't plan around it. FULL STORY->

Don't Overlook The Garage When Getting Your Home Ready To Sell
There's a lot of talk about curb appeal being the driving force drawing buyers into your home. It makes sense. If the house looks a mess from the outside, what buyer would want to set foot inside? FULL STORY->

Long-Term Mortgage Rates Relatively Unchanged and Mixed Economic and Housing News; ARMs Fall Slightly
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.52 percent with an average 0.7 point for the week ending August 14, 2008, unchanged from last week when it averaged 6.52 percent. Last year at this time, the 30-year FRM averaged 6.62 percent. FULL STORY->

Online Transaction Management: Bringing Buyers and Sellers Closer to Their Real Estate Transaction
Statistics reveal consumers are ready, willing and able to use their computers to obtain information via the Internet when looking to buy or sell a home. They are searching the internet for homes for sale, seeking neighborhood and school information, obtaining mortgage and pre-qualification information, researching sale prices and even applying for a mortgage online. FULL STORY->

Roost Study Alludes To Power Of Words
Words are power when it comes to searching for a home, according to a recent study from a new browsing for housing Web site that tracked the most common words consumers used when searching for homes. They aren't the same words real estate agents most often use when crafting listing descriptions. FULL STORY->

Cut Energy Bills by Turning Apartment Buildings into a Computer
How does thebuildingmonitor.com allow investors and property owners to save significant dollars on their energy bills? Peter Mosca's interview with Mike Klein shows us just that. FULL STORY->

More Biz in Tough Market: Become Completely "Unreasonable"
Gas prices are going up, the economy is going down, and it's becoming harder and harder to find clients who are seriously thinking about buying a home. FULL STORY->

Market Conditions
CNNMoney reported yesterday that mortgage applications fell last week by 1.5 percent. FULL STORY->

Overcoming Your Feelings
When his wife and he were blessed with their first son, with all of the wonderful changes and challenges that a newborn brings, the one he was not as well prepared for was the lack of sleep. This translated to days when his energy tank was not overflowing. We all face the challenge of a physical energy tank that is overdrawn at times. FULL STORY->

Environmentally Sensitive and Cost-Effective Concrete Gaining Ground as Building Material Choice
Business in general, and the construction and building sectors specifically, are more competitive, cost-conscious and environmentally aware than at any other time in our nation's history. FULL STORY->

Green HOA Checklist
There is much talk of green construction. What exactly constitutes a "green" HOA? The following checklist will help identify features that produce a healthier, high-performance building that costs less to operate and has fewer negative environmental impacts. FULL STORY->

Market Conditions
Economic downturns have taken their toll on more than just new homes and resales. The latest report from the NAHB indicates that residential remodeling activity "remained sluggish during the second quarter of 2008." FULL STORY->

Pundits Catch Up to Observant Property Owners
Economists are now telling us what property owners observed a while ago. PJ Wade explains how this is another example of why consumers must trust their own observations. FULL STORY->

New Orleans: Post Katrina Condos Growing Three Years Later
It's hard to believe, but it's now been nearly three years since the devastating Hurricane Katrina hit New Orleans. The city has more than 390 building projects in various degrees of completion through its Rethink, Renew, Revive campaign. An interactive map and comprehensive web site help keep interested parties abreast of the current progress of recovery. FULL STORY->

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