Buy Home

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Real Estate Prices

CNN/Money: The hottest zip codes Web CNN/Money Buying & Selling Investment Property Home Improvement Million $ Life Financing Best Places This year's hottest zip codes By Sarah Max, CNN/Money senior staff writer PLUS: • What makes a zip code HOT? • Homes in hot zip codes • Ultimate home guide 2005 SALEM, Ore. (CNN/Money) - Whether home prices will rise or fall in the coming year is anyone's guess. The housing market continues to stump experts on both sides of the bubble debate. Even so, economists at Fiserv Case Shiller Weiss think they have a pretty good idea what's in the cards for most metros in 2005. Their prediction: Los Angeles will fizzle. Miami will sizzle. There's some reason to believe them. Fiserv CSW has been forecasting annual home-price growth at the metro level for more than a decade, with a not-too-shabby record: the group's median forecast error is less than 2 percent. To track housing performance, the researchers look at repeat sales data for a sample of houses in each zip code, a method they consider more accurate than simply looking at changes in an area's median home price. They also consider past price changes, employment trends and interest-rate trends to devise a forecast for the coming year. Finally, they make adjustments to individual areas to account for other factors that could influence an area's housing market. What's up in L.A.? Over the past five years home prices in the Los Angeles area appreciated 125 percent, with prices in a handful of zip codes up nearly 200 percent. But Fiserv CSW is predicting that prices in the greater Los Angeles area will increase by only 5.8 percent in 2005, with slightly better appreciation in some L.A. markets and price declines in others. "There is anecdotal evidence that the market there is weakening," said David Stiff, a senior economist with Case Shiller Weiss. "It hasn't worked its way into our model yet." For that reason, the firm declined to give a forecast for individual zip codes in Los Angeles. "We are very uncertain about what will happen to home prices in Los Angeles this year," Stiff added. Miami's market, however, may still have room to grow. Home prices in the Miami-Fort Lauderdale metro have doubled over the last five years, and Fiserv CSW is forecasting that they will appreciate another 16.4 percent this year. "Unlike L.A., Miami has a higher ceiling [for price appreciation] because affordability is less of an issue," said Stiff. What's the forecast for your hood? For each of the 10 largest metro regions tracked by Fiserv Case Shiller Weiss, here are the 10 zip codes with the largest median five-year price increases -- and their prospects for the coming year. Data on five-year price change are through the fourth quarter of 2004, while the forecasted change is for the first quarter of 2005 through the first quarter of 2006. Click on column headings to re-sort » Metro Area Median price 5-Yr Price Change 1 Forecasted change 2 Boston 338,000 73.60% 8.00% Lawrence MA 01841 226,000 121.10% 9.90% New Bedford MA 02744 207,000 120.50% 9.60% New Bedford MA 02740 225,000 118.10% 9.80% Worcester MA 01610 193,000 116.30% 16.20% Fairhaven MA 02719 254,000 113.50% 9.80% New Bedford MA 02745 245,000 112.30% 11.10% Wareham MA 02571 260,500 111.50% 8.20% Manchester NH 03102 242,000 111.10% 10.80% North Dartmouth MA 02747 324,500 110.90% 10.90% Mattapoisett MA 02739 353,500 110.70% 9.80% Chicago 254,000 49.60% 8.30% Chicago IL 60632 205,000 91.20% 13.80% Chicago IL 60638 237,000 90.90% 15.30% Chicago IL 60629 195,000 89.90% 16.70% Chicago IL 60652 180,000 84.60% 16.00% Chicago IL 60639 265,000 84.10% 11.20% Chicago IL 60630 318,000 83.30% 12.20% Chicago IL 60634 300,000 83.20% 12.50% Chicago IL 60640 511,000 82.20% 12.50% Oak Park IL 60302 450,000 80.50% 8.80% Chicago IL 60641 320,000 79.80% 11.10% Detroit 156,000 23.50% 4.50% Inkster MI 48141 85,000 39.80% 3.80% Pontiac MI 48342 75,000 37.90% 3.30% Mount Clemens MI 48043 136,000 35.90% NA Romulus MI 48174 145,000 35.80% 3.40% Dearborn Heights MI 48125 110,000 35.60% 3.40% Center Line MI 48015 125,000 35.60% 5.50% Ann Arbor MI 48103 263,000 35.50% 2.90% Detroit MI 48223 75,000 35.30% 2.00% Ann Arbor MI 48104 314,000 35.00% 1.30% Detroit MI 48235 97,000 34.30% 2.00% Los Angeles 418,000 125.70% 5.80% Rialto CA 92376 270,000 191.90% NA Littlerock CA 93543 230,000 185.80% NA Fontana CA 92335 272,000 184.70% NA Mira Loma CA 91752 449,000 182.50% NA Burbank CA 91502 677,500 180.50% NA Glendale CA 91203 538,000 180.40% NA Inglewood CA 90305 425,000 176.60% NA Santa Ana CA 92707 475,000 176.10% NA Riverside CA 92509 325,000 174.70% NA Inglewood CA 90303 390,000 173.80% NA Miami 246,000 106.00% 16.40% Miami FL 33137 265,000 171.30% NA Miami FL 33138 360,000 161.40% NA Miami FL 33150 142,000 147.80% 21.80% Fort Lauderdale FL 33311 175,000 134.50% 19.90% Pompano Beach FL 33062 355,000 133.00% 20.00% Deerfield Beach FL 33441 253,000 130.70% 17.10% Fort Lauderdale FL 33314 175,000 128.40% 22.80% Hollywood FL 33020 204,000 128.30% NA Pompano Beach FL 33064 171,000 126.90% 21.50% Miami FL 33179 169,000 125.50% 18.20% New York 360,000 87.50% 11.90% Beach Haven NJ 08008 687,500 146.00% 14.30% Tuckerton NJ 08087 216,000 134.50% 13.70% Mastic Beach NY 11951 228,000 130.20% NA Manorville NY 11949 392,000 128.80% 16.30% Brielle NJ 08730 519,000 127.70% 11.70% Bellport NY 11713 158,000 127.50% NA Mastic NY 11950 239,500 127.20% 17.10% Lavallette NJ 08735 557,500 127.00% 12.90% Perth Amboy NJ 08861 260,000 126.90% 13.00% Waretown NJ 08758 350,000 125.60% 15.50% Philadelphia 199,000 71.00% 11.40% Brigantine NJ 08203 358,500 149.50% 15.40% Sea Isle City NJ 08243 699,000 136.50% 20.10% Ocean City NJ 08226 650,000 133.80% 18.50% Ventnor City NJ 08406 285,000 132.20% 18.50% Villas NJ 08251 167,500 124.40% 20.60% Margate City NJ 08402 549,000 122.70% 17.10% Ocean View NJ 08230 325,000 118.50% 15.30% Northfield NJ 08225 207,500 117.30% 15.60% Marmora NJ 08223 265,000 116.50% 16.00% Somers Point NJ 08244 225,500 111.50% 16.00% San Francisco 576,000 82.00% 14.40% Vallejo CA 94590 361,000 149.00% 16.90% Oakland CA 94621 310,000 144.20% 15.00% Dixon CA 95620 448,000 140.70% 16.10% Fairfield CA 94533 367,000 137.00% 18.00% Vallejo CA 94589 370,000 135.70% 17.80% Oakland CA 94603 326,500 135.70% 15.30% Suisun City CA 94585 380,000 131.50% 17.20% Oakley CA 94561 400,500 130.20% 21.40% Pittsburg CA 94565 389,000 129.90% 20.10% Vacaville CA 95687 391,500 129.70% 14.80% Seattle 289,000 38.50% 10.10% Seattle WA 98126 294,000 57.80% 10.30% Seattle WA 98106 233,000 53.40% 12.30% Seattle WA 98109 556,000 53.00% 11.40% Seattle WA 98107 362,000 52.50% 9.50% Seattle WA 98117 380,000 52.40% 8.40% Seattle WA 98103 399,000 52.30% 8.90% Seattle WA 98199 510,000 51.10% 8.20% Seattle WA 98116 389,000 51.10% 8.10% Seattle WA 98105 441,000 50.60% 6.90% Seattle WA 98168 229,000 48.80% 9.00% Washington, D.C. 335,000 99.00% 14.90% Gaithersburg MD 20877 329,000 127.40% 14.30% Germantown MD 20874 291,000 117.80% 16.00% Silver Spring MD 20903 340,000 116.90% 12.40% Gaithersburg MD 20879 309,000 115.90% 13.70% Rockville MD 20851 320,000 112.50% 9.30% Silver Spring MD 20910 450,000 112.00% 8.70% Gaithersburg MD 20878 485,500 112.00% 10.60% Rockville MD 20853 400,000 111.10% 12.30% Rockville MD 20850 523,000 109.80% 9.30% Silver Spring MD 20901 365,000 109.60% 12.50% Notes: 1 Q4 1999 through Q4 2004 2 Q1 2005 through Q1 2006 Source: Fiserv CSW «top» The Hot List Most profitable renovations How risky is your 401(k)? Big new tax credits for hybrid cars More Real Estate How to buy and build on rural land Most overvalued housing markets When booms go bust... contact us | magazine customer service | site map | glossary | RSS | press room OTHER NEWS: CNN | SI | Fortune | Business2.0 = Money subscribers = Premium content -- * - Time reflects local markets trading time. † - Intraday data is at least 15-minutes delayed. Disclaimer © 2005 Cable News Network LP, LLLP. A Time Warner Company ALL RIGHTS RESERVED. Terms under which this service is provided to you. privacy policy Reprints of site stories are available. Top Stories Most overvalued housing markets Risks to the economy in 2006 Which was the worst ad of all in 2005? After the ride, a rest Hilton brands reunite after 40 years

purchase property in Gloucester

We purchase property in Gloucester and Cheltenham - Quick Property Sale Home Our guarantee How we work Benefits to you Sell and rent back FAQs Meet our customers The next step Contact us Become a partner Press room Conveyancing We purchase property in Gloucester and Cheltenham - Quick Property Sale WE PURCHASE PROPERTY IN GLOUCESTER AND CHELTENHAM - QUICK PROPERTY SALE National Home Buyers wants to buy your home in Cheltenham and Gloucester . National Homebuyers is looking to purchase properties in across the county of Gloucestershire. National Homebuyers is a major national property company that guarantees to buy your home regardless of its condition or location. Gloucester is an ideal location for National Homebuyers to buy houses and flats and the company is seeking people who want or need to move quickly. This information was delivered by National Homebuyers spokesperson, David Harber, as property prices remain steady across the country. "We will buy your home in Gloucestershire. Whether in Gloucester, Cheltenham, Stroud or Tewkesbury. This beautiful county is perfect for us and we want to help people who may need a quick sale for their property for whatever reason", says Harber. Homeowners looking to sell in Gloucester should contact National Home Buyers on 0870 979 0900 or click here for more information Previous News 24-Oct-2005 Property Auction Alternative - FAST HOUSE AND HOME PURCHASE - National Homebuyers 24-Oct-2005 Property Auction Alternative - We Will Purchase Your House or Home FAST 24-Oct-2005 Property Auction Alternative - Fast house and home purchase from National Homebuyers 24-Oct-2005 Property Auction Alternative - Fast House and Home Purchase from National Homebuyers 24-Oct-2005 We purchase property in Gloucester and Cheltenham - Quick Property Sale 09-Oct-2005 Home Buyers Repair a Broken Chain 05-Oct-2005 Sell and Rent Back from National Homebuyers 04-Oct-2005 We will buy your home in Croydon, Surrey FAST - Quick Property Purchase 29-Sep-2005 We will buy your home in Brighton and Sussex FAST - Quick Property Purchase News Archive Please click HERE to go to the news archive, where you can find all past news. Legal | Site Map | Contact Us | Printer friendly MSO.net © 2004 - 2005 National Home Buyers

Colorado Real Estate Commission

1 Colorado Real Estate license school 100% State Approved Internet Courses!* Real Estate & Appraisal License Programs for all states* Continuing Education Courses! * National Exam Prep Program! * Free CD Backups! * Since 1969 - Our 36th Year of Service! * Mandatory Colorado Annual Commission Update Course on line! * Free Demos! * Enroll Online! - Start Anytime! Learn Real Estate and Appraisal at Home! Call 1-866-311-RETC (7382) Now! 3225 South Wadsworth Blvd., Suite 'S' Lakewood, CO 80227-5009 Contact us! On line courses available for all States! Already a Student? Log in here! HELP WANTED!!! Link up with us! Next Drawing and Winners Colorado Real Estate Commission NEW! Fingerprint Information Don't Wait!!! 2005 Commission Update Expires December 31st!! We Get Letters Helpful Links Dare to Compare! WE INCLUDE ALL OF THE FOLLOWING 168 Hour Broker Program * All State required courses * Extensive Exam Prep * 100% online with backup CD Interactive Real Estate Dictionary * Over 2100 terms   * 6 ways to study R E Terminology Unlimited practice tests * Over 2157 interactive questions * Complete answer references * Instant grading and review of all tests Assured Passing Plan * Live Exam Prep * Live instructor and/or Email support * Toll Free student help lines Set your own class schedule * 6 months to complete * Study anywhere, anytime * Free use of our computers for study Unlimited referral bonuses Free Catalog Free Documents Statewide locations ~ After hours student representative availability ~ Optional textbooks (additional charge) "the innovators in home study education" Approved and regulated by the Colorado Division of Private Occupational Schools, Board of Higher Education, Real Estate Commission, and Board of Real Estate Appraisers. Instructors' qualifications have been credentialed by the Vocational Credential Office, Colorado State University. Our Appraisal Programs/Courses are offered in conjunction with Aims Community College .

home equity loan or

FRB: Putting Your Home on the Loan Line Is Risky Business ESPAÑOL Are you in need of cash? Do you want to consolidate your debts? Are you receiving home equity loan or refinancing offers that seem too good to be true? Does your home need repairs that contractors tell you can be easily financed? If you are a homeowner who needs money to pay bills or for home repairs, you may think a home equity loan is the answer. But not all loans and lenders are the same--you should shop around. The cost of doing business with high-cost lenders can be excessive and, sometimes, downright abusive. For example, certain lenders--often called "predatory lenders"--target homeowners who have low incomes or credit problems or who are elderly by deceiving them about loan terms or giving them loans they cannot afford to repay. Borrowing from an unscrupulous lender, especially one who offers you a high-cost loan using your home as security, is risky business. You could lose your home and your money. Before you sign on the line, Think about your options Do your homework Think twice before you sign Know that you have rights under the law Think about Your Options If you’re having money problems, consider these options before you put your home on the loan line. Talk with your creditors or with representatives of non-profit or other reputable credit or budget counseling organizations to work out a plan that reduces your bill payments to a more manageable level. Contact your local social service agency, community or religious groups, and local or state housing agencies. They may have programs that help consumers, including the elderly and those with disabilities, with energy bills, home repairs, or other emergency needs. Contact a local housing counseling agency to discuss your needs. Call the U.S. Department of Housing and Urban Development toll-free at 800-569-4287 or visit www.hud.gov/offices/hsg/sfh/hcc/hccprof14.cfm to find a center near you. Talk with someone other than the lender or broker offering the loan who is knowledgeable and you trust before making any decisions. Remember, if you decide to get a home equity loan and can’t make the payments, the lender could foreclose and you would lose your home. If you decide a loan is right for you, talk with several lenders, including at least one bank, savings and loan, or credit union in your community. Their loans may cost less than loans from finance companies. And don’t assume that if you’re on a fixed income or have credit problems, you won’t qualify for a loan from a bank, savings and loan, or credit union--they may have the loan you want! Do Your Homework Contact several lenders--and be very careful about dealing with a lender who just appears at your door, calls you, or sends you mail. Ask friends and family for recommendations of lenders. Talk with banks, savings and loans, credit unions, and other lenders. If you choose to use a mortgage broker, remember they arrange loans but most do not lend directly. Compare their offers with those of other direct lenders. Be wary of home repair contractors that offer to arrange financing. You should still talk with other lenders to make sure you get the best deal. You may want to have the loan proceeds sent directly to you, not the contractor. Comparison shop. Comparing loan plans can help you get a better deal. Whether you begin your shopping by reading ads in your local newspapers, searching on the Internet, or looking in the phone book, ask lenders to explain the best loan plans they have for you. Beware of loan terms and conditions that may mean higher costs for you. Get answers to these questions and use the worksheet to compare loan plans: Interest Rate and Payments What are the monthly payments? Ask yourself if you can afford them. What is the annual percentage rate (APR) on the loan? The APR is the cost of credit, expressed as a yearly rate. You can use the APR to compare one loan with another. Will the interest rate change during the life of the loan? If so, when, how often, and by how much? Term of Loan How many years will you have to repay the loan? Is this a loan or a line of credit? A loan is for a fixed amount of money for a specific period of time; a line of credit is an amount of money you can draw as you need it. Is there a balloon payment--a large single payment at the end of the loan term after a series of low monthly payments? When the balloon payment is due, you must pay the entire amount. Points and Fees What will you have to pay in points and fees? One point equals 1 percent of the loan amount (1 point on a $10,000 loan is $100). Generally, the higher the points, the lower the interest rate. If points and fees are more than 5 percent of the loan amount, ask why. Traditional financial institutions normally charge between 1 and 3 percent of the loan amount in points and fees. Are any of the application fees refundable if you don’t get the loan? How and how much will the the lender or broker be paid? Lenders and brokers may charge points or fees that you must pay at closing or add on to the cost of your loan, or both. Penalties What is the penalty for late or missed payments? What is the penalty if you pay off or refinance the loan early (that is, is there a pre-payment penalty)? Credit Insurance Does the loan package include optional credit insurance, such as credit life, disability, or unemployment insurance? Depending on the type of policy, credit insurance can cover some or all of your payments if you can't make them. Understand that you don’t have to buy optional credit insurance--that’s why it’s called “optional.” Don’t buy insurance you don’t need. Credit insurance may be a bad deal for you, especially if the premiums are collected up-front at the closing and financed as part of the loan. If you want optional credit insurance, ask if you can pay for it on a monthly basis after the loan is approved and closed. With monthly insurance premiums, you don't pay interest and you can decide to cancel if the premiums are too high or if you believe you no longer want the insurance. After you have answers to these questions, start negotiating with more than one lender. Don’t be afraid to make lenders and brokers compete for your business by letting them know you are shopping for the best deal. Ask each lender to lower the points, fees, or interest rate. And ask each to meet--or beat--the terms of the other lenders. Once You’ve Selected a Lender, Get the Following A “Good Faith Estimate” of all loan charges. The estimate must be sent within 3 days of applying. Blank copies of the forms you’ll sign at closing, when the loan is final. Study them. If you don’t understand something, ask for an explanation. Advance copies of the forms you’ll sign at closing with the terms filled in. A week or two before closing, contact the lender to find out if there have been any changes in the Good Faith Estimate. By law, you can inspect the final settlement statement (also called the HUD-1 or HUD-1A form) one day prior to closing. Study these forms. Write down any questions you want to ask. Think Twice before You Sign Have a knowledgeable friend, relative, attorney, or housing counselor review the Good Faith Estimate and other loan papers before you sign the loan contract. Be sure the terms are the same ones you agreed to. For example, a lender should not promise one APR and then--without good reason--increase it at closing. Refer to the list of questions you’ve written down. Ask where these terms are covered in the loan contract. And ask for an explanation of any dollar amount or term you don’t understand. Don’t let anyone rush you into signing the loan contract. Make sure all promises, oral and otherwise, are put in writing. It’s only what’s in writing that counts. Get a copy of the documents you signed before you leave the closing. Don’t Sign on the Dotted Line if the Lender … Tells you to falsify information on the loan application (for example, suggests that you write down more income than you really have). Pressures you into applying for a loan for more money than you need, or one that has monthly payments larger than you can afford. Promises one set of terms but gives you another with no good reason for the change. Tells you to sign blank forms or forms that aren't completely filled in. If an item is supposed to be blank, draw a line through the space and initial it. Pressures you to sign today. A good deal today should be available tomorrow. Know that You Have Rights under the Law You Have 3 Business Days to Cancel the Loan If you're using your home as security for a home equity loan (or for a second mortgage loan or a line of credit), federal law gives you 3 business days after signing the loan papers to cancel the deal--for any reason--without penalty. You must cancel in writing. The lender must return any money you have paid to date. Do You Think You've Made a Mistake? Has the 3-day period during which you may cancel passed and you're worried that you've gotten in over your head? Do you think your loan fees were too high? Do you believe you were steered into monthly payments you can't afford? Has your lender repeatedly pressured you to refinance? Is your loan covered by insurance you don't need or want? If you think you've been taken advantage of, state and federal laws may protect you. Also, the following organizations may be able to help: Your local or state bar association--sometimes listed under "Lawyers Referral Service" in the Yellow Pages of your phone book. The association may be able to refer you to low-cost or no-cost lawyers who can help. Your local consumer protection agency, state attorney general’s office, or state office on aging, listed in the Blue Pages of your phone book. Your local fair housing group or affordable housing agency, housing counseling agency, or state housing agency. You can learn more about credit and home equity loans by visiting the federal government’s web site for consumers, www.consumer.gov (see the Home and Community section). If you don’t have access to the Internet, ask a friend or relative to get the information for you. Or visit your local library or senior center, which may offer you free access to the Internet on their computers. For More Information State Banks that Are Members of the Federal Reserve System Division of Consumer and Community Affairs Mail Stop 801 Federal Reserve Board Washington, DC 20551 (202) 452-3693 www.federalreserve.gov Federally Insured State Non-Member Banks and Savings Banks Federal Deposit Insurance Corporation Consumer Response Center 2345 Grand Boulevard, Suite 100 Kansas City, Missouri 64108 (877) 275-3342 www.fdic.gov National Banks and National Bank-Owned Mortgage Companies Office of the Comptroller of the Currency Customer Assistance Group 1301 McKinney Street Suite 3450 Houston, TX 77010 (800) 613-6743 www.occ.treas.gov Federally Insured Savings and Loan Institutions and Federally Chartered Savings Banks Office of Thrift Supervision Consumer Programs 1700 G Street, N.W., 6th Floor Washington, DC 20552 (800) 842-6929 www.ots.treas.gov Federal Credit Unions National Credit Union Administration Office of Public and Congressional Affairs 1775 Duke Street Alexandria, VA 22314 (703) 518-6330 www.ncua.gov For state-chartered credit unions, contact your state's regulatory agency. Mortgage Companies and Other Lenders Federal Trade Commission Consumer Response Center 600 Pennsylvania Avenue, N.W. Washington, DC 20580 (877) FTC-HELP (877-382-4357, toll free) www.ftc.gov Other Information Sources U.S. Department of Justice Civil Rights Division 950 Pennsylvania Ave., N.W. Housing and Civil Enforcement Section, NWB Washington, DC 20580 (202) 514-4713 www.usdoj.gov/crt/housing/index.html Federal Housing Finance Board 1777 F Street, N.W. Washington, DC 20006 (202) 408-2500 www.fhfb.gov Department of Housing and Urban Development 451 7th Street, S.W. Washington, DC 20410 800-669-9777 (voice) 800-927-9275 (TTY) www.hud.gov Office of Federal Housing Enterprise Oversight (OFHEO) 1700 G Street, N.W. 4th Floor Washington, DC 20552 (202) 414-6922 www.ofheo.gov Adobe acrobat version of text for printing (119 KB PDF) is formatted for printing on two sides of a 11 x 17" sheet of paper. Fold the paper in half. The PDF contains a fillable area on the back panel for you to provide your own contact information. Worksheet for printing (58 KB PDF) Obtaining the Acrobat Reader from the Adobe Web Site This information was prepared by the following federal agencies: Department of Housing and Urban Development, Department of Justice, Federal Deposit Insurance Corporation, Federal Housing Finance Board, Federal Reserve Board, Federal Trade Commission, National Credit Union Administration, Office of Federal Housing Enterprise Oversight, Office of the Comptroller of the Currency, Office of Thrift Supervision. Home | Brochures Accessibility | Contact us Last update: March 24, 2004