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July 25, 2008
Real Estate News

30-Year Mortgage Rates Rise Again
Freddie Mac reports a more than 0.25-percentage point gain in the 30-year fixed mortgage rate, marking the highest level since last August.

Basement Remodels on the Upswing
As more people stay put in their home, rather than selling and moving to a bigger place, the basement is becoming a more important living area.

10 Most Vibrant Jewish Neighborhoods
Jewish Living magazine took into consideration the number of synagogues, proximity to kosher restaurants, and other factors.

Developers See Perks in Old Buildings
The cost to acquire and rehab a vacant building is less than hard construction costs for a new building, some developers say. Plus, there are tax benefits.

Nevada Leads Foreclosure Tally in 2Q
One in every 43 Nevada households received a foreclosure filing, nearly four times the national average, according to RealtyTrac.

California Foreclosures Offered at 12% Discount
Under a statewide initiative to help buyers with modest means, lenders will price their foreclosed properties below market value.



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