Real Estate in 2009, Ending on a Positive Note

Real estate is showing strong signs of recovery.  Last month, real estate sales were up over 7% for sales of existing homes.  The increase in real estate sales was seen in every region of the United States, due mainly to the first time home buyer tax credit, which was originally set to expire at the … Continue reading Real Estate in 2009, Ending on a Positive Note

Posted in real estate, Real Estate coordinator, real estate information, real estate news, Real Estate Report, Realtor | Tagged | Comments closed

Get a Mortgage Before Searching for Real Estate

The first step in purchasing real estate should be getting a mortgage.  Getting a mortgage, or rather getting approved for a mortgage, lets a buyer know what he can expect to afford when looking at property.  It is important for a potential buyer to know how to secure a mortgage. There are any places to … Continue reading Get a Mortgage Before Searching for Real Estate

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Obama Plans to Introduce Legislation Offering Incentives for Energy Improvements to Homes

Energy efficiency and greener building practices have begun to take hold across the Country, spurring incentives that warrant making home improvements to existing homes as well as better practices for building new homes.  Currently President Obama is considering federal incentives to homeowners who make energy efficient improvements to their homes. President Obama had said that … Continue reading Obama Plans to Introduce Legislation Offering Incentives for Energy Improvements to Homes

Posted in "Green" Living, buyers, Home Care, real estate information | Tagged | Comments closed

If You Don’t Buy a House Now, You’re Stupid or Broke. Business Week by Mark Roth.

This article was featured in Business Week. At first the headline seems very to be a very insulting statement! But the writer, Mark Roth, uses this dramatic title to get your attention to make excellent points for those who are on the fence. Namely those interest rates are at an all time low, in fact, … Continue reading If You Don’t Buy a House Now, You’re Stupid or Broke. Business Week by Mark Roth.

Posted in Finances, first time home buyers, First Time Home Buyers Tax Credit, First-time Homebuyer, First-time homebuyers, Foreclosure, Foreclosure task force, home inventory, home values, housing Bust or Housing Boom, housing market, pending real estate sales, real estate information, real estate news, Real Estate Report, Realtor, sellers, Short Sale | Tagged , , , | Comments closed

FHA May Be Changing the Rules and trying to close down more fraudulent lenders.

The Federal Housing Administration is proposing to increase the up-front cash paid by borrowers as part of an effort to shore up the agency’s finances, which have been staggered by rising defaults in its flagship mortgage insurance program, according to FHA officials. The changes also include raising minimum credit scores for borrowers who receive FHA-backed … Continue reading FHA May Be Changing the Rules and trying to close down more fraudulent lenders.

Posted in bank foreclosures, Consumer News, FHA, Finances, Financing Options, First-time Homebuyer, Foreclosure, Future of Real Estate, government bailout, housing market, Interest Rate update, Lenders, Local Real Estate News, real estate | Tagged , , , , | Comments closed

Impressive October Real Estate Sales Show Signs of Recovery

Price declines are getting smaller, sales volume is getting larger and the overall real estate market appears to be mending.  October sales were up for pre-existing home sales, 23.5% up compared with October of 2008.  Homes sales for October were predicted to be 5.70 million, but the sales volume turned out to be 6.1 million. Encouraging … Continue reading Impressive October Real Estate Sales Show Signs of Recovery

Posted in Community News, Consumer News, Economic Stimulus, First-time Homebuyer, First-time homebuyers, Local Real Estate News, real estate, real estate news | Tagged , | Comments closed

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