Inman SUNDAY edition: Dealing with real estate data disasters

ADVERTISEMENT ATTENTION BROKERS: CUT COSTS when you stop wasting money on ads that don't work. 87% of buyers look for homes online, so lock them up as active prospects for your agents. SEE HOW WITH REALTYGENERATOR SPECIAL SUNDAY EDITION Sunday, February 28, 2010 Dealing with real estate data disasters By TERESA BOARDMAN One of the biggest challenges of being an independent contractor and having my main office in my home is technology ... Real estate in the year 2020: A survey Dot-com crash anniversary, Part 2 Condo developers get into lending game Chinese drywall: remediate at own risk? Sunk Cost Where is our bailout? Dual-agency disclosure makes no sense Technology will never replace agents Twitter: an agent's perspective Latest News »	ADVERTISEMENT Find the Hidden Buyers in Your Marketplace: Profitably seize the opportunity waiting for agents in this distressed market. These "must-buy" buyers, who can and will buy right now and won't keep waiting for lower prices or better times, require different ...Continued ADVERTISEMENT Bigger Venue, More Innovation, and Supercharged Networking. Don't miss Connect SF -- it will be bigger and better than ever. New location! Register Today! ADVERTISEMENT Women make 91% of real estate decisions. Attract + convert women buyers and sellers. Women's Real Estate Designation. $75 off with code: INMAN www.WRELDA.com
This is a special edition of the Inman News Headlines, which are regularly published twice daily from Monday–Friday. To gain unlimited access to all Inman News articles and take advantage of exclusive, premium members-only benefits including free access to our Industry Special Reports and Week-in-Review e-mails, plus discounts on our industry-leading events and in-depth research reports, Upgrade to an Inman News  Premium Membership today! You are subscribed to this mailing list, headlines, as: roballeyrealtor@gmail.com. If you can afford to ignore breaking real estate news and emerging technology trends, then Unsubscribe. © 2010 Inman Group, Inc. All Rights Reserved

Inman PM: Bye-bye equity

Today's Top Real Estate News

ADVERTISEMENT Bigger Venue, More Innovation, and Supercharged Networking. Don't miss Connect SF – it will be bigger and better than ever. New location! Register Today! TODAY'S TOP STORIES = Premium Member News - Join Now » Friday, February 26, 2010 Bye-bye equity By LOU BARNES The bond market rallied this week and long-term rates fell, unfortunately in response to lousy economic news. Lowest-fee mortgages fell to 5 percent, and the 10-year Treasury note has approached its next key level: 3.6 percent. Every item in this grim litany was forecast to improve, and none did. The Conference Board's measure of consumer confidence in February collapsed to present-conditions 19.4, the worst since 1983. More » Sunk Cost Wheel Estate Cam: Episode 14 NAR: Existing-home sales rise 11.5% Northeast sees biggest year-over-year gain Market Leader: $7.4M net loss in '09 Software product accounts for 52% of Q4 revenue Twitter: an agent's perspective From Global Edge Hidden costs in short sales Home Sale Hindsight READER COMMENT "My recommendation to everyone with a computer or any electronic device is to think of it like a pet or a living thing. It has a lifespan and is guaranteed to die at some point so make your preparations now for when that time comes ... once it fails it'll be either too late to recover or significantly expensive and inconvenient to deal with at that point." --Chris Freeman HOME IMPROVEMENT Yesterday's home fads for dirt cheap Legacy wiring sparks questions Wall cracks? Fight back More Home Improvement »	ADVERTISEMENT Women make 91% of real estate decisions. Attract + convert women buyers and sellers. Women's Real Estate Designation. $75 off with code: INMAN www.WRELDA.com OTHER TOP STORIES 5 tools to promote your events online Coldwell Banker launches Blue Matter RealtyTrac partners with RealtyJoin Condo developers get into lending game Zillow's mortgage tool: 2 years later Landlord seeks to uproot bad seed Latest News »
Inman News Headlines is a twice daily e-mail delivered by the real estate industry's leading source of breaking news and unbiased market analysis. To gain unlimited access to all Inman News articles and take advantage of exclusive, premium members-only benefits including free access to our Industry Special Reports and Week-in-Review e-mails, plus discounts on our industry-leading events and in-depth research reports, Upgrade to an Inman News  Premium Membership today! You are subscribed to this mailing list, headlines, as: roballeyrealtor@gmail.com. If you can afford to ignore breaking real estate news and emerging technology trends, then Unsubscribe. © 2010 Inman Group, Inc. All Rights Reserved

 

Market Comment

Mortgage Bonds remain near unchanged so far this morning, after the markets digested the economic news of the morning.

In the news today, Gross Domestic Product for the 4th Quarter was reported at the best reading in more than 6 years. Also, Existing Home Sales came in less than expected and the inventory of unsold homes rose to a 7.8-month reading.

For now, I recommend floating, as the Bond battles a tough ceiling of resistance at the 100-day Moving Average. I will let you know if a change of course is needed.

Leonard Winslow, New American Mortgage, Charlottesville
434-760-2580 (cell)
leonard.winslow@newamerican.com
www.newamerican.com/leonard.winslow
Licensed by the Virginia State Corporation Commission. License #: MC-5112

U.S. Top News Early Edition: Taliban attacks in central Kabul kill 16

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Good Morning Robert, FRI 26 Feb 2010    Taliban attacks in central Kabul kill 16 Obama, Democrats ponder next healthcare moves Haiti aid effort marred by slow U.N. response Iran Sunni rebel says U.S. offered him military aid: report Biden to unveil new rules on retirement savings Obama aides push back on venue for terrorism trials Cynicism in both India and Pakistan after talks Dubai cameras shine light on killers' dark arts Giant iceberg breaks off from Antarctic glacier Petra sets record, sells diamond for $35 million Deadly Kabul bombing Clues emerge in killer whale attack Suspects freed in Turkey coup probe Taliban attacks in central Kabul kill 16 February 26, 2010 09:17 AM ET KABUL (Reuters) - Taliban fighters opened fire, hurled grenades and staged suicide bombings in central Kabul on Friday, killing at least 16 people in defiance of the Western-backed government and a NATO offensive. Full Article Obama, Democrats ponder next healthcare moves February 26, 2010 07:33 AM ET WASHINGTON (Reuters) - After a seven-hour healthcare summit that did little to change Republican hearts and minds, President Barack Obama and congressional Democrats face a challenge on Friday in deciding their next moves to reform the costly U.S. system. Full Article Haiti aid effort marred by slow U.N. response February 26, 2010 09:19 AM ET PORT-AU-PRINCE (Reuters) - Clutching automatic assault rifles, truckloads of U.N. troops patrolled the streets of Haiti's shattered capital on the day after the earthquake hit last month, seemingly oblivious to the misery around them. Full Article Iran Sunni rebel says U.S. offered him military aid: report February 26, 2010 09:24 AM ET TEHRAN (Reuters) - The leader of a Sunni Muslim rebel group has "confessed" that the United States promised to provide him with financial and military aid if he agreed to work with them, Iranian state television reported on Friday. Full Article Biden to unveil new rules on retirement savings February 26, 2010 08:01 AM ET WASHINGTON (Reuters) - U.S. Vice President Joe Biden will unveil on Friday rules to help protect workers' retirement savings accounts as he delivers an annual report of his middle-class task force, a White House official said. Full Article Obama aides push back on venue for terrorism trials February 26, 2010 09:02 AM ET WASHINGTON (Reuters) - The Obama administration bluntly urged the Congress on Thursday to steer clear of directing where terrorism suspects should be prosecuted, pushing back against efforts to require military rather than civilian trials. Full Article Cynicism in both India and Pakistan after talks February 26, 2010 08:07 AM ET ISLAMABAD (Reuters) - Commentators in both India and Pakistan greeted on Friday the first official talks between their countries since the 2008 Mumbai attacks with a degree of cynicism even though no breakthrough had been expected. Full Article Dubai cameras shine light on killers' dark arts February 26, 2010 07:38 AM ET LONDON (Reuters) - Suspected Israeli assassins have inadvertently given the world an unusual master class in clandestine killing in broadcast surveillance video of them going about their murderous trade. Full Article Giant iceberg breaks off from Antarctic glacier February 26, 2010 09:05 AM ET SINGAPORE (Reuters) - An iceberg the size of Luxembourg has broken off from a glacier in Antarctica after being rammed by another giant iceberg, scientists said on Friday, in an event that could affect ocean circulation patterns. Full Article Petra sets record, sells diamond for $35 million February 26, 2010 08:52 AM ET LONDON (Reuters) - Petra Diamonds sold a 507-carat diamond for $35.3 million on Friday, breaking a record as the highest price ever paid for a rough diamond. Full Article

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