Three housing crisis must-reads

Fri, Oct 10, 2008

Reading the headlines on the financial markets and its effect on home values can be rather worrisome these days. But when you’re done reading the news, what can you DO to cope with the crisis?

Check out the ‘Surviving the Housing Crisis’ resource center on Trulia. From refinancing your mortgage to buying foreclosures, home owners, buyers and real estate professionals share their advice on how to handle the current housing market. See three of the most popular posts below, then ask your own question.

Presidential Contenders Spar on Economy; McCain Proposes $300 Billion Real Estate Rescue

Is it really a ‘good time to buy’?

Market Timing Is Far From Perfect
No one wants to purchase a home only to see its value decline. But should you wait to buy a home until prices bottom out? A quick web search will yield a number of articles and opinions for and against timing the real estate market, but… see more or reply

Written by Mary Beth Harrison, Real Estate Professional, Dallas, TX

What do I need to get a mortgage?

What You Need for a Mortgage; Your Lender Checklist
Lists are not the most glamorous thing to write about, but in this day in time I know that most people want to be prepared when they walk into their lender’s office to get approved. If you read my blog you will no doubt understand… see more or reply

Written by Hank Bailey, Real Estate Professional, 30606

Can I really win a free home

Unique opportunity for Arizona nonprofit to raise [money] with house raffle fundraiser
We have a home in Buckeye and we want to work with a NON Profit Organization, classified as such in the State of Arizona for at least a minimum of 5 years, to raise funds through the unique idea of a “House Raffle Fundraiser”… see more or reply

Written by Loriann Gaunt, Real Estate Professional, Buckeye, AZ

Tip: Get notified when more tips & tricks about ‘Surviving the Housing Crisis’ are posted.

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Blog of the week

Which improvements add value to your home…
I get asked all the time: ‘If I update my bathroom or kitchen, how much will that add to the value of my home.’ The truth is, depending on what you do, the quality of the work done… see more or reply

Written by Sarah S. Turner, Real Estate Professional in Atlanta, GA

Question of the week

Q: Should I re-list or wait til next year?
Asked by Vika, Home Seller, in Atlanta, GA
A: You should relist and price it to be competitive, not to be negotiable. City Heights, the McGills, Renaissance - all of the older communities of SoNo … 2005 ain’t happening … see more or reply

Real Estate Eye Candy Ι Trulia picks

The price is right

Sometimes the right price can ease some of those big housing market worries. Try using Trulia’s Keyword search to find local deals.

From ranch-style estates to luxurious condos, here are four properties that are priced to sell.Enter your city, scroll down to ‘More search options’ in the lower left, and try words like ‘reduced,’ ’sale,’ or ‘discount’ in the Keyword box. Find more homes

	Charlotte, NC $145,850 4br / 2ba		Chicago, IL $380,000 3br / 2ba / 1,370 sqft

	San Antonio, TX $249,500 4br / 2.5ba / 3,144 sqft		Las Vegas, NV $182,500 3br / 2.5ba / 1,674 sqft