If you have decided to sell your home, you have probably realized that there is more than one way to go about it. In recent years there has been much talk about the FSBO, or "for sale by owner" method of selling. Unfortunately there are some definite disadvantages to selling your home without the aid of a trained professional. Many of these disadvantages are related to the actual "legwork" involved in the process that is normally handled by a Realtor. There are a number of aspects involved in the sale of a home with the FSBO method where owners can find themselves at a loss, literally. Read more…

AP - Sales of existing homes fell in December, closing out a year in which demand for homes slumped by the largest amount in 17 years. Read more…

AFP - US home resales slipped 0.8 percent in December to a worse-than-expected 6.22 million units, industry data has shown. Read more…

Reuters - The pace of existing home sales slipped 0.8 percent in December, the National Association of Realtors said on Thursday, leaving in doubt whether the worst of a housing slump has passed. Read more…

Reuters - Sales of previously owned U.S. homes slipped 0.8 percent in December and took their biggest tumble in 17 years for all of 2006, leaving in doubt whether the worst of a housing slump has passed. Read more…

Reuters - The Nasdaq and Standard & Poor's 500 stock indexes fell 1 percent on Thursday as a bigger-than-expected drop in home resales prompted concerns about weakness in the economy. Read more…

Read full story for latest details. Read more…

December's leading indicators that showed steady growth in the coming months kept mortgage rates steady, according to a survey. Read more…

AP - Rates on 30-year mortgages edged up to the highest level since early November as the economy continued to show surprising signs of strength. Read more…

Reuters - Private equity firm Blackstone Group raised its bid for Equity Office Properties Trust to $22.4 billion on Thursday, topping a roughly $21.6 billion offer led by Vornado Realty Trust and raising the stakes in the largest-ever battle for a real estate investment trust. Read more…

AP - After a five-year boom, the nation's housing market cooled considerably in 2006 with existing home sales falling by the largest amount in 17 years. Read more…

Reuters - U.S. stocks rebounded on Friday after a stronger-than-expected forecast from Caterpillar Inc. and data showing orders for durable goods above Wall Street estimates. Read more…

Reuters - Sales of new U.S. homes rose more than expected in December while orders for durable goods climbed sharply, dimming prospects that the Federal Reserve may cut benchmark interest rates this year. Read more…

AFP - Sales of new US homes rose by more-than-expected in December, but over 2006 fell by the biggest margin in 16 years. Read more…

Read full story for latest details. Read more…

Reuters - Bank of America Corp. , the No. 2 U.S. bank, and Countrywide Financial Corp. , the largest U.S. mortgage lender, are in talks that could lead to a joint venture or merger, the Financial Times said on its Web site on Friday. Read more…

AFP - The dollar gained ground in the wake of robust US economic news as durable goods orders remained robust and as new home sales rose by more-than-expected last month. Read more…

AFP - China is considering a new property tax to cool over-investment in real estate and a fuel levy to reduce oil consumption, the government said. Read more…

Find a strategy to sell your own home. Read more…

Read full story for latest details. Read more…

Learn the advantages of For Sale by Owner in Michigan and get help if you are a for sale by owner in SE Michigan or looking to buy a home but have poor credit and don't qualify for traditional financing. Read more…

Reuters - Pending sales of existing U.S. homes advanced a stronger-than-expected 4.9 percent in December, the biggest monthly gain since 2004, a real estate agents' trade association said on Thursday in a report showing some stability in the housing market. Read more…

Reuters - An affordable housing fund envisioned as part of a reform measure for mortgage finance companies Fannie Mae and Freddie Mac should have several contributors and be managed by a wide range of housing groups, a top congressional Democrat said on Thursday. Read more…

Vornado Realty Trust raised its bid for Equity Office Properties Trust, exceeding Blackstone Group's offer and raising the stakes in the takeover battle for the nation's largest office building owner. Read more…

Read full story for latest details. Read more…