Realty Reality: September 2008

Tuesday, September 30, 2008

NOAA: Keeping Seafood Safe and Plentiful

NOAA Provides Information on Keeping Seafood Safe and Plentiful

The National Oceanic and Atmospheric Administration (NOAA) has developed a comprehensive Web site that offers valuable information on availability, safety, quality, preparation, and health guidelines for your favorite seafood. New figures show that Americans eat more than 16 pounds of seafood per person each year. But what to eat, how much, and the availability of certain seafood gets confusing. Americans eat everything from salmon caught in Alaska and shrimp raised in farms off the China coast, to orange roughy from the deep trenches of the Southern Pacific. (More)

Source: U.S. Commerce

Visit my web site for real estate services and support: LawrenceYerkes.com [NJ/PA]

and visit Besthomes-NJ.com to find the latest New Jersey Real Estate property listings (Residential, Commercial, Multi-Family, Farm, Land).

Monday, September 29, 2008

NAR Statement on Defeat of Economic Stability Act

The following is a statement by National Association of Realtors®(NAR) President Richard F. Gaylord:

“The National Association of Realtors® is extremely disappointed in the actions of the U.S. House of Representatives today in failing to pass the Emergency Economic Stability Act of 2008. This legislation is critical to stopping the economic turmoil that millions of Americans are facing. Completing a recovery plan that will end the current economic crisis crippling the housing and financial markets must be accomplished quickly and in a bipartisan manner.

“NAR’s focus is on protecting homeowners and the American taxpayers. Protecting Main Street by keeping people in their homes will not only benefit individual families, but also will help stabilize the housing market, which greatly impacts the overall U.S. economy. Across the country, Realtors® see and feel the loss of confidence experienced by both buyers and sellers in the real estate market and they know firsthand that buyers are finding it harder to get mortgages.

“A sharp rise in unemployment and severe hardship for many ordinary Americans would result from the deteriorating liquidity crisis. In addition, interest rates for those who are able to get a mortgage or credit will be more costly. This legislation, if implemented, would quickly restore liquidity to the mortgage market, which would stabilize the housing market and protect homeowners.

“There will not be an economic recovery without a housing recovery, and we hope the Congress will move as expediently as possible to resolve their differences. We commend the House members that today voted for this unprecedented legislation. NAR will continue to advocate this legislation, which will benefit Main Street by restoring market liquidity to the financial markets.”

Visit my web site for real estate services and support: LawrenceYerkes.com [NJ/PA]

and visit Besthomes-NJ.com to find the latest New Jersey Real Estate property listings (Residential, Commercial, Multi-Family, Farm, Land).

Friday, September 26, 2008

NAR, FHA Work Together to Help More Buyers Become Homeowners

The National Association of Realtors®(NAR) was joined by Department of Housing and Urban Development(HUD) Secretary Steve Preston today as NAR launched its new Federal Housing Administration Toolkit. Realtors® can use the toolkit to help buyers obtain safe and affordable FHA-backed mortgages.

“As the leading advocate for homeownership, NAR is pleased to have a long-established working relationship with HUD and FHA,” said Pat V. Combs, NAR immediate past president. “The new toolkit will help Realtors® educate consumers about FHA updates and changes and the great benefits of using these programs.”

FHA loans offer low downpayments, competitive interest rates, and greater flexibility than most conventional mortgages. In addition, the Housing and Economic Recovery Act of 2008 made increased FHA loan limits permanent, allowing more buyers in high-cost areas to obtain FHA-backed mortgages.

“FHA offers a safe alternative to many of the subprime and exotic loans that caused much of today’s market turmoil, and the program is easier to use than ever before,” Combs said. “Recent revisions to the FHA program will enable more families to achieve their dreams of homeownership, and will allow others to refinance their mortgage at terms that will allow them to keep their home.”

The FHA Toolkit includes a video of frequently asked questions, a flash media presentation of FHA programs, brochures and other reference guides and links to other useful resources. For more information about recent changes to FHA programs, visit the FHA Resources section of www.REALTOR.org.

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.2 million members involved in all aspects of the residential and commercial real estate industries.

Source: NAR

HUD Allocates $4 Billion To Stablize Neighborhoods Hard-Hit By Foreclosures

WASHINGTON - U.S. Housing and Urban Development Secretary Steve Preston today allocated a total of $3.92 billion to all states and particularly hard-hit areas trying to respond to the effects of high foreclosures. HUD's new Neighborhood Stabilization Program (NSP) will provide targeted emergency assistance to state and local governments to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight within their communities. (Source: HUD News Release No. 08-148)

Full story...

Thursday, September 25, 2008

Housing Crisis Testament to the Destructive Power of Bad Lending Practices

CRL: Today's housing crisis is a stunning testament to the destructive power of bad lending practices.

"While all eyes are on Wall Street, the crisis will grow worse until we stop foreclosures on Main Street. The government plan announced by Treasury Secretary Paulson and Fed Chairman Bernanke fails to deal with the root cause of the crisis---families in foreclosure----and instead is purely and simply a bailout of the lenders who created this disaster."

Source: Center for Responsible Lending

Monday, September 22, 2008

NAR Statement on Actions to Stabilize the Secondary Mortgage Market

The following is a statement by National Association of Realtors®(NAR) President Richard F. Gaylord:

“The National Association of Realtors® supports the ongoing bipartisan efforts to address the current crisis in the financial and secondary markets. While we await further details and will continue to be active in helping to shape the legislation, NAR believes these efforts are imperative to restore market liquidity.

“Many securities are being valued at pennies on the dollar due to the very high leverage ratio and illiquidity of certain mortgage-backed securities. Unrealistically low valuations are paralyzing the balance sheets of financial institutions and have hindered liquidity flow.

“Responsible government intervention will restore a functioning market benefiting homeowners, those who wish to buy a home, financial institutions, the economy and ultimately the taxpayers. We support efforts to stabilize financial markets to allow rational valuation of assets, expedite refinancing and relief efforts for homeowners, and other measures to reestablish a level of confidence in the housing credit markets. NAR will work diligently with Congress and the administration to achieve these goals as well as the broader goal of reforming the housing finance system.”

Federal Reserve Policy Statement On Equity Investments In Banks

The Federal Reserve Board on Monday announced the approval of a policy statement on equity investments in banks and bank holding companies. The policy statement provides additional guidance on the Board's position on minority equity investments in banks and bank holding companies that generally do not constitute "control" for purposes of the Bank Holding Company Act.

Policy statement on equity investments in banks and bank holding companies (61 KB PDF)

2008 Banking and Consumer Regulatory Policy

Source: FRB

Wednesday, September 17, 2008

Senators Gregg and Dodd: No More Shoes About to Drop

According to the blog, CalculatedRisk, National Public Radio (NPR) reported that
Senator Gregg said, “I don’t see any shoes out there that meet the standards of Freddie Mac, Fannie Mae or AIG." To which Senator Dodd added, “I agree with that.”

Sens. Dodd, Gregg: No More Bailouts On The Horizon

Commercial Real Estate Pinched by Wall Street Woes

Activity is slowing in commercial real estate sectors in response to tightening credit and slow economic growth, according to the latest COMMERCIAL REAL ESTATE OUTLOOK* of the National Association of Realtors®(NAR).

Lawrence Yun, NAR chief economist, said problems on Wall Street are affecting commercial real estate. “Although capital remains available for residential loans, the credit crunch is pronounced in commercial lending,” he said. “Combined with a slowing economy, the lack of credit is curtailing activity in the commercial real estate sectors. As a result, there’s been a slowdown in the net absorption of space, which is leading to higher vacancies and more modest rent growth.”

Patricia Nooney of St. Louis, chair of the Realtors® Commercial Alliance Committee, said market conditions are complex. “We’re in an unusual situation where transactions are being curtailed not for lack of demand, but for serious challenges in obtaining financing,” she said. “In this environment it’s even more important for anyone needing commercial space to work with a Realtor® who knows the local commercial real estate market and available resources.”

The NAR forecast for four major commercial sectors analyzes quarterly data in the office, industrial, retail and multifamily markets. Historic data were provided by Torto Wheaton Research.

Office Market

This year’s erosion in the job market has slowed demand for office space. “Job cuts since the beginning of the year will bring more vacant office space to the market,” Yun said. “Office rent growth will slow greatly as a result.”

Office vacancy rates are expected to increase to 14.4 percent in the second quarter of 2009 from 12.9 percent in the second quarter of this year. Annual rent growth in the office sector should be 3.2 percent this year before contracting 0.4 percent in 2009; it rose 8.0 percent last year.

Net absorption of office space in 57 markets tracked, which includes the leasing of new space coming on the market as well as space in existing properties, is projected at 14.7 million square feet this year and 10.9 million in 2009, down sharply from 57.3 million square feet last year.

Industrial Market

The economic slowdown has curtailed warehouse demand, although the drop in the dollar continues to favor American goods. “The industrial sector will hold up relatively better on the strength of exports,” Yun said.

Vacancy rates in the industrial sector are likely to rise to 10.8 percent in the second quarter of 2009, up from 9.9 percent in the second quarter of this year. Annual rent growth is forecast at 1.1 percent this year and 1.0 percent in 2009; it rose 3.6 percent last year.

Net absorption of industrial space in 58 markets tracked will probably total a negative 16.7 million square feet this year and then rise to 35.3 million in 2009, compared with 120.3 million last year. A pattern of building to suit specific needs continues, with many obsolete structures remaining on the market.

Retail Market

Spiking food and energy costs have squeezed retail spending. “Sluggish consumer spending over the next 12 to 18 months will force retail rent growth to turn negative in 2009,” Yun said.

Vacancy rates in the retail sector are expected to be 10.4 percent in the second quarter of 2009, up from 9.7 percent in the second quarter of this year. Average retail rent is estimated to grow 1.2 percent in 2008 and then decline by 0.9 percent in 2009, compared with a 3.2 percent increase last year.

Net absorption of retail space in 53 tracked markets should shrink by 2.6 million square feet this year before rising 2.8 million in 2009, down from 11.1 million absorbed last year.

Multifamily Market

The apartment rental market – multifamily housing – remains favorable as many potential first-time home buyers stay on the sidelines. “Apartment rents are expected to rise at respectable pace, partly due to healthy demand for rental units,” Yun said.

Multifamily vacancy rates are projected to rise to 5.9 percent in the second quarter of 2009 from 5.4 percent in the second quarter of this year. Average rent will probably rise 3.9 percent in 2008 and 4.0 percent next year, up from a 3.1 percent increase in 2007.

Multifamily net absorption is forecast at 61,400 units in 59 tracked metro areas this year and 188,200 in 2009 compared with 234,400 last year.

The COMMERCIAL REAL ESTATE OUTLOOK is published by the NAR Research Division for the Realtors® Commercial Alliance. The RCA, formed by NAR in 1999, serves the needs of the commercial market and the commercial constituency within NAR, including commercial members; commercial committees, subcommittees and forums; commercial real estate boards and structures; and NAR affiliate organizations.

Organizations in the RCA include the CCIM Institute, the Institute of Real Estate Management, the Realtors® Land Institute, the Society of Industrial and Office Realtors®, and the Counselors of Real Estate. The RCA also provides commercial products and services.

More than 82,000 NAR members offer commercial services, and 60,000 of those are currently members of the RCA.

# # #

*Publication of the full report, including metropolitan data, is not expected until early October. Over the next two weeks, look for more detailed commercial real estate sector analysis to be posted in the Research area of Realtor.org.

The next Commercial Leading Indicator index will be November 20; the next commercial real estate market forecast is scheduled for December 17.

NAR: Foreclosures Must Be Last Resort

Homeowners who are struggling to make their mortgage payments must have more options available to them to avoid foreclosure, particularly in the area of short sales, according to National Association of Realtors®'(NAR) testimony before the House Financial Services Committee today.

“When people lose homes to foreclosure, our communities, the housing market and our economy all suffer,” said Ron Phipps, 2009 NAR first vice president nominee. “Expanding the use of short sales would benefit consumers, lenders and the surrounding community.”

A short sale is a transaction in which the seller’s mortgage lender agrees to accept a payoff of less than the balance due on the loan. The lender often receives a higher amount of the remaining loan balance than it would from the sale of the property after a foreclosure. This helps support home values in the surrounding community. Short sales also help homeowners maintain some level of credit.

“Short sales can be used to avoid foreclosures, and can be less costly than a foreclosure to the lending institution,” Phipps said. “Unfortunately, many Realtors® are increasingly encountering roadblocks that prevent troubled homeowners from taking advantage of short sales. We hear that lenders are often taking a very long time to decide whether to accept a short sale, often resulting in the loss of the home buyer and the sale, and negatively impacting the neighborhood and the community,” said Phipps.

Realtors® cite many reasons for the difficulty in completing a short sale. These include burdensome paperwork, appraisals that do not consider the sellers’ duress or number of foreclosures in the community, over-burdened loss mitigation departments, and the complications created by second mortgages.

NAR has created a working group to examine the problems and difficulties surrounding short sales and to educate its members on how to best work with their clients through this process. NAR is also reaching out to its partners in the housing and mortgage industry to encourage adoption of principles and practices to streamline the short sale process. “We are asking all lenders and their servicers to deliver a clear answer, in writing, within a reasonable timeframe,” Phipps said.

“Our nation faces significant challenges in dealing with the economic turmoil fostered by the housing market,” said Phipps. “To combat this, we must assist those families threatened with the loss of their home by using all of the tools that we have at our disposal. Short sales offer families who cannot avoid losing their home a way to repay a portion of their debt obligation while maintaining a level of dignity during the process and somewhat salvaging their credit, enabling them to perhaps someday own a home again. NAR and its members stand ready to work with Congress and other industry partners to improve and implement all foreclosure mitigation efforts.”

Source: NAR

Tuesday, September 16, 2008

Tax Credit Aids First-Time Homebuyers

Tax Credit to Aid First-Time Homebuyers; Must Be Repaid Over 15 Years

First-time homebuyers should begin planning now to take advantage of a new tax credit included in the recently enacted Housing and Economic Recovery Act of 2008.

Available for a limited time only, the credit:

- Applies to home purchases after April 8, 2008, and before July 1, 2009.
- Reduces a taxpayer’s tax bill or increases his or her refund, dollar for dollar.
- Is fully refundable, meaning that the credit will be paid out to eligible taxpayers, even if they owe no tax or the credit is more than the tax that they owe.

However, the credit operates much like an interest-free loan, because it must be repaid over a 15-year period. So, for example, an eligible taxpayer who buys a home today and properly claims the maximum available credit of $7,500 on his or her 2008 federal income tax return must begin repaying the credit by including one-fifteenth of this amount, or $500, as an additional tax on his or her 2010 return.

Eligible taxpayers will claim the credit on new IRS Form 5405. This form, along with further instructions on claiming the first-time homebuyer credit, will be included in 2008 tax forms and instructions and be available later this year on IRS.gov, the IRS Web site.

More details...

Source: IR-2008-106

Saturday, September 13, 2008

Locate Local Gas Stations and Lowest Gas Prices

Wanting to find the local best gas prices in your home town or area in which you are traveling? Then check out the following sites for the locations of gas stations and current pricing...

Local Gas Prices - MSN Autos - enter a Zip Code for local map and list of gas stations, locations and regular gas prices.

Gas Buddy - U.S. and Canada; enter Zip Code or 'City,State' to locate lowest prices. Includes Regular, Midgrade, Premium and Diesel locations and prices. Provides a list in ascending price order of prices and locations. (Searches several sites and consolidates information.)

Mapquest- National Gas Prices - National locator of lowest regular gas prices. Locate by Zip Code or 'City, State' and obtain a list of regular gas prices in ascending order along with map showing locations (numbered points on map).

GasPricer - enter a Zip Code to obtain list of local gas stations ordered by ascending gas price, along with location, along with prices for Plus, Premium and Diesel. Updated nightly.

MotorTrend - Gas Prices - enter Zip Code or select by State-County-Municipality. For list of stations and prices for Regular, Plus, Premium and Diesel. (They also offer a free Gas Price Widget.)

FuelEconomy.gov - resource site maintained by the U.S. DOE and EPA, providing extensive list of links to sites providing gas prices local, state-wide, regionally and nationally. Site also has gas mileage tips, information about fuel economy and technology, FAQs and tax incentives.

Visit my web site for real estate services and support: LawrenceYerkes.com [NJ/PA]

and visit BestHomes-NJ.com to find the latest New Jersey Real Estate property listings (Residential, Commercial, Multi-Family, Farm, Land).

Friday, September 12, 2008

Hurricane Tracking Resources On the Internet

There are several excellent resources for tracking hurricanes that are available on the Internet. They provide graphics, maps, news and even live video feeds...

EmergencyEmail.com establishes Hurricane Situation pages for major hurricanes.

National Weather Service's Nation Hurricane Center

Weather Underground: Tropical Weather / Hurricanes

National Oceanic and Atmospheric Administration (NOAA)

Twistervideos - Tropical Weather / Hurricanes (also twisters)

Thursday, September 11, 2008

Canadians Are Biggest Foreign Buyers of U.S. Homes

The strong Canadian dollar has led many Canadian investors to buy properties in the U.S. The largest proportion of foreign buyers of U.S. homes from May 2007 to May 2008 -- 24% -- were Canadian, double the percentage a year earlier, according to a recent report by the National Association of REALTORS® (NAR). (Sushil Cheema, September 5, 2008, Wall Street Journal)

More Information . . .

Visit my web site for real estate services and support: LawrenceYerkes.com [NJ/PA]

and visit Besthomes-NJ.com to find the latest New Jersey Real Estate property listings (Residential, Commercial, Multi-Family, Farm, Land).

Wednesday, September 10, 2008

eProperty: New Commercial and Investment Search Capability

NAR'S ePROPERTY Data Powers New Commercial and Investment Search Capability on Realtor.com

The National Association of Realtors®(NAR) and Move Inc. have completed an agreement under which Move Inc. will provide commercial and investment real estate information on behalf of NAR's commercial members through Move Inc.'s network.

The new initiative will drive traffic to NAR’s commercial real estate marketplace, www.CommercialSource.com, increasing exposure to many of the nation’s local commercial information exchanges, which are affiliated with the Realtors®’ Commercial Alliance, NAR’s commercial division. The agreement will provide unprecedented access to commercial property listings to both consumers and investors; the listings will be displayed on Move’s flagship site REALTOR.com.

When the new venture is fully operational, visitors will have easy online access to commercial real estate searches on Move Inc.’s Internet assets, including REALTOR.com and Move.com. The agreement will give commercial practitioners national exposure for all their sale and lease listings and provide the commercial real estate industry with a means to search for properties across the country.

Seattle-based eProperty Data will provide a data feed to Move Inc. for this new search capability. eProperty Data was recently acquired by NAR’s new for-profit subsidiary, Second Century Ventures LLC. For the past five years, eProperty Data has provided technology to commercial information exchanges in the commercial real estate industry.

“Realtors® are industry innovators, and this new agreement will give commercial real estate investors access to the most comprehensive collection of listing information,” said NAR President Richard Gaylord, a broker with RE/MAX Real Estate Specialists, Long Beach, Calif. “Ultimately, people who are interested in commercial and investment properties will be able to connect with the listing brokers for such properties through their local commercial information exchange.”

“This new agreement will enable NAR and its commercial real estate division to greatly expand delivery of commercial real estate information,” said Bob Goldberg, NAR senior vice president of marketing, business development, and commercial services. “Move Inc. is already operating the premier real estate Web site, and this new arrangement will further broaden and enhance that site.”
Move Inc., of Westlake Village, Calif., maintains NAR’s consumer-oriented property Web site, REALTOR.com, the pre-eminent source for home listing information on the Internet.

“We’re pleased to deliver national exposure of commercial investment opportunities to our more than 6 million monthly site visitors, further increasing the value of REALTOR.com for both consumers and advertiser,” said REALTOR.com President Errol Samuelson. “Through our strong partnership with NAR, this newest offering will open up and expand access to an arena that has historically been complex or even inaccessible for many potential investors.”

More than 82,000 NAR members are engaged in commercial real estate services; 60,000 of those members are engaged full-time in primarily commercial practice. Information about NAR’s commercial real estate division is available at www.realtor.org/commercial.

REALTOR.com®, where the world shops for real estate online, is operated by Move Inc. (NASDAQ: MOVE), and is the official consumer Web site of NAR. Ranked as the No. 1 homes-for-sale site, REALTOR.com® currently offers potential buyers access to more than 4 million property listings, as well as the most brokers and agents. It also provides Realtors® and the home sellers they represent with the largest real estate marketplace on the Internet, reaching more than 6.3 million consumers in July 2008. Agents and companies have the power to customize REALTOR.com® resources to maximize their brand and productivity.

Move Inc. is the leader in online real estate with 8.7 million monthly visitors to its network of Web sites. Move Inc. operates Move.com, a leading destination for information on new homes and rental listings, moving, home and garden and home finance; REALTOR.com®; the official SeniorHousingNet™; and TOP PRODUCER® Systems. Move Inc. employs more than 1,600 persons throughout North America. Information about Move Inc. is available at www.move.com.

Tuesday, September 09, 2008

Building Permit Extension Act Signed by Governor

On September 8, 2008, Governor Jon S. Corzine signed an amended version of the Permit Extension Act, A2867 – Greenwald (D6), Malone (R30), Sarlo (D36), Van Drew (D1), into law.

The bill aims to boost New Jersey’s real estate sector by extending the life of building permits for commercial and residential projects. NJAR® is part of a coalition that supported this legislation.

Source: NJAR

Thursday, September 04, 2008

Federal Reserve Beige Book September 2008 Report

Reports from the twelve Federal Reserve Districts indicate that the pace of economic activity has been slow in most Districts. Many described business conditions as "weak," "soft," or "subdued." Cleveland and St. Louis reported some weakening since their last reports while Boston and New York noted signs of stabilization. Kansas City reported a slight improvement.

Consumer spending was reported to be slow in most Districts, with purchasing concentrated on necessary items and retrenchment in discretionary spending. Districts reporting on auto sales described them as falling or steady at low levels. Tourism activity was mixed but received support from international visitors in several Districts, and the demand for services eased in most Districts. The transportation industry was also adversely affected by rising fuel costs. Manufacturing activity declined in most Districts but improved somewhat in Minneapolis and Kansas City. Most Districts reported that residential real estate markets remained soft. Commercial real estate activity was slow in most Districts, and some reported further slackening in demand for office and retail space. Most Districts reported easing loan demand, especially for residential mortgages and consumer loans; lending to businesses was mixed. Districts reporting on the agricultural sector noted some relief from drought conditions. Districts reporting on energy and mining activity recorded increased activity.

Almost all Districts continued to report price pressures from elevated costs of energy, food, and other commodities, although some noted that there have been declines or slower increases in prices for several industrial commodities and energy products. Business contacts in a number of Districts indicated that they had increased selling prices in response to the high costs for their inputs. Wage pressures were characterized as moderate by most Districts amid a general pullback in hiring, although several Districts noted continued strong demand for workers in the energy sector.

In the Philadelphia (Third District) region, business conditions remained soft in August. Manufacturers, on balance, reported nearly steady shipments but a drop in new orders. Retailers posted mixed sales results, with year-over-year increases at some discount stores but decreases at most other types of stores. Motor vehicle sales were about flat during the month but well below the level of a year ago. Bank lending continued to grow slowly. Residential real estate sales and construction activity continued to be sluggish. Commercial real estate leasing and construction activity remained slow. Reports of increases in input costs and output prices were about as prevalent in August as they were in July.

The outlook among Third District businesses is mixed. Manufacturers forecast increases in shipments and orders during the next six months. Retailers generally expect consumer demand to be restrained for the balance of the year, and auto dealers expect slow sales to persist into next year. Bankers anticipate slow growth in overall lending. Residential real estate agents and home builders have varying opinions on how much further home sales will fall, although most agree that a rebound is not likely until next year. Contacts in commercial real estate expect leasing and construction activity to remain soft until financial conditions improve.

Source Beige Book

Click here for the Federal Reserve September 2008 Beige Book [Beige Book Archives]

See related blog articles:
Federal Reserve Beige Book For Economic Conditions (What is the "Beige Book"?)
The Federal Reserve - Making Sense In Plain English

Visit my web site for additional services and support: LawrenceYerkes.com [NJ/PA]

and visit Besthomes-NJ.com to find the latest New Jersey Real Estate property listings (Residential, Commercial, Multi-Family, Farm, Land).

Monday, September 01, 2008

Real Estate Cyber Tips - September 2008

CYBER MAGIC TRICKS

TRICK#1

This Trick Will Blow You Away!
They should call this neat trick "Morphing Made Easy". Now it’s you –next it's someone else – you got blown away! This trick is easy and will astound you and your friends! Morphing is the process of creating a smooth animated transition from one picture into another. This site allows you to morph the images of one face into another. It's a startling effect and produces a great animation like those that are used in million-dollar movies. The big difference is that you don’t need to be a big time move producer and you don’t need a million dollars – this one is simple to use and it's on the house!
Click Here for This Cyber Trick

TRICK#2

Even James Bond Couldn't Do This!
Do you ever find yourself short on time? Do you ever want to avoid an awkward conversation or not want to bother someone? Would you like to by-pass a conversation and simply leave a voice mail? We'd guess that you can find situations just about every day where this cleaver trick will be helpful to you! This skulduggery easily connects you directly to someone's mobile voice mail without the recipient's phone even ringing. There's no registration required, it works like a charm if you are calling from an unblocked line and it's all yours without cost! Even James Bond couldn't do this!
Click Here for This Cyber Trick

GREAT PLACES!

GREAT PLACE #1

Bug Yourself!
Want to remind yourself of the next big "can’t miss" event or chore? These folks take a unique approach to keeping track of things you need to do - it's mobile and interactive. You just note something you want to remember, set a date and you'll receive a reminder by e-mail or text message to your phone. You can also set the reminder to pester you in time increments of your choice and can easily get the reminder off your back or modify it right from your phone.Still in beta but an interesting enough blend of web, mobile and utility to note!
Click Here for This Great Place

GREAT PLACE #2

Crack Proof Passwords For You!
Do you go with easy to remember passwords that are ripe for the bad guys to crack? If so here's a neat place to generate a strong password that’ll be easy for you to remember but tough to crack. This little on-line program generates random passwords from the information you provide. The result is a hard to crack phrase that is familiar and easy for you to remember. And you can make the generated passwords even tougher by capitalizing the first letter that appears in the password produced. Good way to lock the door!
Click Here for This Great Place

The information contained in Real Estate CyberTips is believed to be true and correct but no warranties or guarantees are provided and readers should rely solely on their own information and advisors in connection with any sites, services or products reviewed. All content Copyright 2008, RECS. All rights reserved.

Visit my web site for additional services and support: LawrenceYerkes.com [NJ/PA]

and visit Besthomes-NJ.com to find the latest New Jersey Real Estate property listings (Residential, Commercial, Multi-Family, Farm, Land).

Realty Reality