Saturday, March 10, 2007

Real Estate News for Saturday, March 10th, 2007

To Have, Hold And Cherish, Until Bedtime. Not since the Victorian age of starched sheets and starchy manners, builders and architects say, have there been so many orders for separate bedrooms. Or separate sleeping nooks. Or his-and-her wings. In a survey in February by the National Association of Home Builders, builders and architects predicted that more than 60 percent of custom houses would have dual master bedrooms by 2015, according to Gopal Ahluwalia, staff vice president of research at the builders association. Some builders say more than a quarter of their new projects already do. Click here to read more from The New York Times.

Home prices: Don't expect quick rebound. Home prices might not seem like they've dropped by much, but history, economists and forecasts suggest recovery is years away. Is the housing slump really that bad? After all, the S&P 500 last week fell more in a single day (3.5 percent) than home prices have fallen in the past year nationally (3.1 percent). Still, it could be years before home prices regain the peaks seen before the current stumble - and even that's optimistic. Click here to read more from CNNMoney.com.

Upward Bound: Consumer-centric focus and innovation position Coldwell Banker for future growth. This time last year, Coldwell Banker began celebrating a milestone that most companies can only dream of: 100 years in business. Today, equipped with a host of innovative marketing programs, technology advancements and-not to mention-a new forward-thinking COO, Coldwell Banker is well on its way to continuing its upward journey. In this exclusive roundtable interview, Coldwell Banker's leadership team-Jim Gillespie, president and CEO; Sherry Chris, COO; and Charlie Young, senior vice president of marketing-explain how the company is aggressively launching its next hundred years. Click here to read more from RisMedia.

Subprime Defaults Prompt Calls For Rules to Protect Borrowers. As more homeowners fall behind on their mortgage payments, the debate is heating up over whether lenders should be required to ensure that the loans they issue are suitable for their customers. As more homeowners fall behind on their mortgage payments, the debate is heating up over whether lenders should be required to ensure that the loans they issue are suitable for their customers. Click here to read more from the RealEstateJournal.com.

~Tina Jan~
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com

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