The Experts You Can Trust
In a white paper entitled “The U.S. Housing Market: Current Conditions and Policy Considerations” that was released last week, Federal Reserve Board calls for alternatives to foreclosures. “While the total stock of REO properties is difficult to measure precisely, perhaps one-fourth of the 2 million vacant homes for sale in the second quarter of 2011 …
Federal Reserve Board Pushes for Foreclosure Alternatives Read More »
The combined decline in home prices and mortgage interest rates gives way to the dramatic improvement in housing affordability, this according to Fiserv Case-Shiller, a leading global technology provider serving the financial services industry. “Housing affordability has improved dramatically because of declines in both prices and mortgage interest rates,” David Stiff, chief economist at Fiserv, …
Home Prices & Mortgage Interest Rates Declines Result to Dramatic Housing Affordability Read More »
The National Association of Realtors (NAR) announced last Wednesday that existing-home sales rose in November this year and stayed above one year ago. “The latest monthly data shows total existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 4.0 percent to a seasonally adjusted annual rate of 4.42 million in …
Existing-Home Sales Continue to Rise in November 2011, NAR says Read More »
Whether you’re a first time home buyer using an FHA loan, or a cash investor buying your 20th property it is going to be expected that you put up an earnest money deposit. Your earnest money (or EMD in a world that abbreviates everything we type into an email) Is your money, but it is …
Help! How do I get my earnest money deposit back??? Read More »