National Real Estate News - Ruidoso NM Real Estate

Ruidoso New Mexico

Real Estate News

WSJ.com: Real Estate
As Dues Dry Up, The Neighbors Pay	5/12/2008 7:57 PM
Neighborhood associations are grappling with shrunken budgets as residents lose their homes to foreclosure and building slows. As a result, associations are raising fees or putting the brakes on improvements and amenities.
Beazer Restates Results for 9 Years	5/12/2008 10:09 PM
Beazer restated financial results over nine years, removing one of several clouds hanging over the home builder.
A Couple's Descent Into Foreclosure	5/11/2008 4:54 PM
Tracing one Vallejo, Calif., couple's descent into foreclosure and bankruptcy.
Democrats Face Rescue Backlash	5/12/2008 6:17 PM
Democrats are risking a backlash over efforts by Congress to rescue homeowners who can't afford their mortgages. The White House and most Republicans say this amounts to using taxpayer money to reward bad behavior.
Bonds Tied to Mortgages Have Hope	5/9/2008 7:57 PM
Maybe there's a way to thrive in the howling wasteland that is the home-loan market. Bonds backed by mortgages look like a buying opportunity, assuming a new spate of defaults doesn't send their prices tumbling again.
Fannie to Aid Underwater Loans	5/9/2008 5:14 PM
Fannie Mae is preparing a program of refinancing mortgages for people who owe more than the current value of their homes. The plan is the latest twist in efforts to contain the surge in foreclosures in much of the U.S.
Russia's Abramovich Buys Colorado Ranch	5/8/2008 9:59 PM
Russian oil magnate Roman Abramovich has bought a Colorado ranch for $36.3 million … Baseball great Henry "Hank" Aaron has listed his West Palm Beach, Fla., home that borders a golf course for $900,000 … plus more. Photos
How to Find Foreign Home Buyers	5/8/2008 8:46 PM
June Fletcher explains how to find real-estate agents who focus on foreign buyers – critical now as these home hunters see U.S. properties as bargains.
For Mortgages Underwater, Help Swims In	5/9/2008 6:35 AM
A small fish with a healthy appetite for mosquito larvae is being pressed into service in California, Arizona, Florida and other areas struggling with foreclosures. The problem: swimming pools of abandoned homes have turned into breeding grounds.
House Passes Homeowner Aid	5/8/2008 10:03 PM
The House passed a package of measures aimed at tackling the housing crisis, but bickering signaled turbulence ahead for the legislation.

Real Estate Investment

BiggerPockets.com Real Estate Investing Community
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Mortgage & Financing

Bankrate.com: Mortgages Headlines
Seeking a workout? Be patient	5/7/2008 11:00 PM
If there's a lesson for homeowners trying to avoid foreclosure, it is this: Be patient, don't take mortgage servicers' actions personally, and be ready to send paperwork multiple times.
Mortgage rates dip slightly this week	5/7/2008 11:00 PM
Mortgage rates went down a bit this week, with the 30-year fixed at 6.13 percent.
Rate Trend Index -- Mortgages	5/7/2008 11:00 PM
Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages -- a vital tool if you're about to buy a home.
Interest Rate Roundup	5/7/2008 11:00 PM
Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.
Low consumer confidence plagues market	5/6/2008 11:00 PM
Optimistic consumers are more likely to buy a home, say economists, but with consumer confidence at its lowest level in 17 years, the real estate market is unlikely to rebound soon.

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