The Supply Of New Homes For Sale Just Dropped Off A Cliff

May 28, 2010 by John · Leave a Comment 

At the current sales pace, the nation’s complete supply of new homes would be sold in just 5 month’s time. That’s more than double the pace of a year ago.

Should You Refinance Your Mortgage?

May 27, 2010 by John · Leave a Comment 

Mortgage rates are low and they likely won’t stay that way. If you’ve been thinking about a refinance, talk to your loan officer as soon as possible.

Home Price Index Rises 0.3% in March 2010

May 26, 2010 by John · Leave a Comment 

Home values rose in March, according to the Federal Home Finance Agency’s most recent Home Price Index. Values were reported higher by 0.3 percent, on average, from February.

Home Supplies Tick Higher, Creating An Opening For Today’s Home Buyers

May 25, 2010 by John · Leave a Comment 

According to the National Association of Realtors®, although the number of homes sold ticked higher in April, so did the supply of existing homes for sale, too. Sellers are now listing homes faster than buyers can buy them.

Video : The Right Way To Water A Garden

May 24, 2010 by John · Leave a Comment 

In this short video from ExpertVillage, we learn how to make sure our plants get the water they need to survive without getting *too* much water.

Home Opportunity Index Ranks 225 Metro Areas For Affordability

May 21, 2010 by John · Leave a Comment 

With home prices still relatively low and mortgage rates trolling near their all-time best levels, home affordability is extraordinarily high in most U.S. markets.

The Fed’s April Minutes Push Mortgage Rates Even Lower

May 20, 2010 by John · Leave a Comment 

After starting the day in the red, mortgage rates rebounded Wednesday afternoon after the Federal Reserve released its April 27-28, 2010 meeting minutes.

Housing Starts Rise In April, Exerting Downward Pressure On Home Prices

May 19, 2010 by John · Leave a Comment 

Home prices are based on housing’s supply and demand. For the next few months, supply should elevate, helping prices remain suppressed, after which, supply should dwindle. The best time to buy a home, therefore, may be right this very minute.

The Right Way To Take A Cash Gift For Downpayment

May 18, 2010 by John · Leave a Comment 

As lenders tighten mortgage guidelines, minimum downpayment requirements are increasing. It’s leading to an increase in the number of buyers accepting cash gifts from family. There’s a right and wrong way to accept a gift.

The Right Way To Take A Cash Gift For Downpayment

May 18, 2010 by John · Leave a Comment 

As lenders tighten mortgage guidelines, minimum downpayment requirements are increasing. It’s leading to an increase in the number of buyers accepting cash gifts from family. There’s a right and wrong way to accept a gift.

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