Recent Posts
Fri, Dec 25, 2009
FHA loans have seen a resurgence since they require so little to put down to purchase a home. In fact, a FHA loan is used in around 30% of the purchases in the U.S. However, new rules that have been proposed are looking to change that.
S...
Read More »
149 Views,
0 Comments.
Fri, Dec 25, 2009
The Pending Home Sales Index is an index used by the National Association of Realtors based on contracts signed and is a forward looking indicator. October 2009 showed a 3.7% increase from September 2009 and a 31.8% increase over October 2008.&...
Read More »
127 Views,
0 Comments.
Fri, Dec 25, 2009
The price paid compared to listing price has been shrinking consecutively for the past 9 months according to Zillow. The median for October was 2.7% or approximately $5,741 savings for the buyer on a median price of $190,400.
Read More »
120 Views,
0 Comments.
Fri, Dec 25, 2009
New Short Sale Rules from U.S. Treasury are intended to speed the short sale process. Unfortunately, the new rules are not effective until 4/5/10 but lenders are encouraged to use them now.
The new rules do not lessen the paperwork needed but ...
Read More »
114 Views,
0 Comments.
Fri, Dec 25, 2009
Zip Realty reports number of Home Listings Declines More than 2% and 17 consective months of declining housing inventory nationally. There are reported to be 27.64% down from a year ago with Jacksonville down 13%.
Following is a snapshot of th...
Read More »
100 Views,
0 Comments.
<<
1
2
3
4
5
6
7
>>