Real Estate News - November 17, 2011

I hope that you agree that we are better late than never getting this one out; also, we are aware that we have missed the local update the last couple of weeks, but expect that to be resurrected tomorrow. Here are your real estate headlines:

General News
30-Year Fixed Rate Rises Slightly, Remains at Historic Lows - Zillow keeps a pretty good eye on the current 30-year mortgage rates, giving an update nearly every week. Here they note that they remain extremely low.

Somewhere Over the Real Estate Rainbow, Color Spruces Things Up - This is interesting more than anything else; you will especially like this if you just like looking at houses or are looking for decorating ideas.

Real Estate News by the Numbers: Week of November 5 – November 11 - One of the highlights of my week includes checking last weeks "Real Estate by the Numbers"

Seller's Tips
5 Things You Should Know About Real Estate Disclosures - "It’s standard practice in real estate to give a home a fresh coat of paint before putting it on the market. Nine out of 10 times, the intention is to show the property at its best. But every so often, the seller paints the house in hopes of covering something up. That’s why I always triple-check the disclosure documents of newly painted houses, to ensure there were no recent leaks or other damage. It’s the seller’s obligation to disclose these kinds of issues. And it’s the buyer’s responsibility to be completely aware of past problems before signing on the dotted line."

Buyer's/Investor's Tips
Retirement Is 10-20 Years Away – Are You Ready? - This is more for investors than just any buyer: "If I took all the available investment capital/equity at my disposal, and bought real estate, would the ultimate debt free income and net worth at retirement be superior or inferior to what I’m doing now?"

My Three Biggest Mistakes as a Real Estate Investor - Again this one focuses more on investors, and gives three big mistakes that real estate investors make.