FHA loans allow you to qualify with little money down and a lower credit score than with conventional financing. For these reasons, FHA loans are the preferred and sometimes only option for 1st time home buyers or those with blemishes on their credit reports looking to enter the real estate market. FHA has its downsides. […]
Headlines in Real Estate for week ending February 22nd 2013
Here’s what you might have missed this week in real estate news. Neighbors’ effect on appraisals The New York Times When calculating the value of a property, an appraiser also factors in surrounding conditions. Neighborhood nuisances like an overgrown yard or a resistant odor could, in some cases, bring down the value of adjacent homes […]
Headlines in Real Estate for week ending February 8th 2013
As prices continue to push higher, FHA continues to raise its reserves passing the cost on to new borrowers which could leave many wouldbe home buyers on the outside looking in. Here are the real estate headlines you may have missed this week: FHA to hike premiums on mortgages CNNMoney The Federal Housing Administration, which […]
Headlines in Real Estate for week ending January 25th 2013
Housing inventory continues to remain low making it difficult for today’s buyers, Dec homes sales dip slightly and we get a guarranty for 2013. Here are the top real estate headlines you may have missed for this week. Loans for fixer uppers The New York Times Low housing inventory has resulted in a lack of […]
Interest Rates, how long can a trend continue
If you’ve heard anyone speak on the topic of interest rates for the past year or so you may have heard the phrase “all time low” here and there. The fact is we have experienced several all time lows for a couple of years which have helped the housing market regain it’s footing since its collapse […]
Headlines in Real Estate for week ending December 21st 2012
Millennials still view homeowneship attractive, Fiscal Cliff talks put the MID at risk, CA home prices soar and much more on this week’s real estate headlines you may have missed. California home prices rise 25 percent (via San Francisco Chronicle) California’s median price continued to register double-digit gains from year-ago levels and strong sales of […]
Headlines in Real Estate for week ending November 30th 2012
Home prices keep rising across the country as the lack of homes available for sale continues. Here are the real estate headlines you may have missed this week: Factoring in commuting costs (via The New York Times) A recent study by the Center for Housing Policy and the Center for Neighborhood Technology suggests that borrowers […]
Headlines in Real Estate for week ending November 23rd 2012
Thanksgiving has passed us by so in case these stories did too, here are the real estate headlines you may have missed this week: Real estate contracts: Clauses that could scuttle a deal (via Los Angeles Times) Most real estate sales contracts include the basics, such as the agreed-upon sales price and a closing date, but […]
Headlines in Real Estate for week ending November 9th 2012
Poor service among reported among lenders, staggering 81% rise in home prices and much more. Here are the latest real estate headlines you may have missed: Potential borrowers eager to find lenders with superior service (via Los Angeles Times) A poll by Carlisle & Gallagher Consulting Group found that more than a third of potential borrowers would be […]
Headlines in Real Estate for week ending October 26th 2012
This week we’ve seen lots of real estate news from a law suit aimed at major financial institution to the decrease in inventory across the nation, especially lower priced homes. Here are the headlines in real estate you may have missed this week: End is nigh for certain tax exemptions (via The New York Times) Currently, any debt forgiven […]