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The Housing Recovery

Real Estate Today opens doors for buyers and sellers with critical and credible information on the real estate market. It’s fast paced and fact packed with experts, interviews, call-ins, field reports, and timely market conditions.

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Jim Cramer, CNBC’s Mad Money

Jim Cramer is the host of the popular CNBC show, “Mad Money.” Jim is also the co-founder and chairman of TheStreet.com, and of course, a best-selling author.

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Keith Gumbinger, HSH.com

Keith Gumbinger is Vice President of HSH.com, the nation’s largest publisher of mortgage and consumer loan information. He’s a twenty-five year expert observer of the mortgage industry.

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Frank Kowalski, Metro Dade Realty, Inc.

Frank Kowalski, the President of Metro Dade Realty in Miami, Florida and the Regional Vice President of the NATIONAL ASSOCIATION OF REALTORS® for the Southeastern states.

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Caller – Using a Home Equity Loan to Buy a Car

A Caller Question.

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Build Your Reserves

It is so good to be able to report positive news these days. Employment is improving, incomes are stabilizing, the stock market is rising, and home prices are moving up, giving some home owners back long-lost equity.

For many people, after years of being in a tight financial situation – things are finally starting to loosen up. How about you? Feeling better financially? We hope so.

And with that better financial picture, comes a brand new set of strategies. After all, we just came out of a huge financial crisis in this country. One unlike anything we’ve seen since the great depression. And think about it.

The people who rode it out, managed to hold on to what they have….the people who kept their heads above water, and avoided delinquencies, short sales, foreclosures or bankruptcy…all had one thing in common: they had reserves.

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Lawrence Yun, THE NATIONAL ASSOCIATION OF REALTORS®

Lawrence Yun is the Chief Economist for the NATIONAL ASSOCIATION OF REALTORS®.

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Ken Harney, Author

Ken Harney is the award-winning author of the nationally-syndicated column ‘The Nation’s Housing.’ Ken is also managing director of the National Real Estate Development Center, a past member of the Federal Reserve Board’s Consumer Advisory Council, and author of two books on mortgage finance and real estate.

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Pamela Geurds Kabati, HouseLogic.com

HouseLogic.com is a free source of information and tools—from the NATIONAL ASSOCIATION OF REALTORS® — that can help you make smart and timely decisions about your home.

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Caller – Tenants & Leases

A Caller Question.

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Inching Toward Recovery: Are We There Yet?

As we’ve talked about, the housing recovery is heating up across the country. The economic indicators are looking better, and brighter as the year goes on.

But every now and here on Real Estate Today we dig deeper than that. We check the economy’s vital signs – to see how far we’ve come, and in some cases, how much farther we need to go – before we are back – to normal.

That’s right…normal. Meaning we are no longer recovering – but rather, we’re recovered, and this whole crisis is now behind us. With all the progress we’ve made with home prices and home sales the last few months, is the housing market now back to normal … or are we close to it?
In other words – Are we there yet?

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Hot links

THE NATIONAL ASSOCIATION OF REALTORS®
HouseLogic.com
HSH.com
TheStreet.com

Top News Of The Week

- Under priced homes fuel bidding wars
- Fannie, Freddie to purchase qualified loans
- Sellers want better offers, fewer contingencies
- Defaults down
- Homes near open space worth more
- Traditional buyers will take over from investors
- More Americans optimistic about home ownership
- New home sales prices climb
- Solo home buyers on the rise
- More homes going green

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Local Market Conditions

It’s time to take a look at more of the latest facts and figures from across the country as we dig down into at the most recent existing home sales report from the NATIONAL ASSOCIATION OF REALTORS®.

March saw some good figures when it came to overall existing home sales, and a healthy housing recovery was well underway with sales way up compared to last year. In fact, when it came to prices, which had been on an upward trend throughout the beginning of the year, March saw them on the rise again, showing the 13th consecutive month of year over year gains.

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