Conditions are Optimal for buyers

Inventories have steadily declined which balance home prices, This means buyers still have good choices,add low interest rates. Throw a tax credit on top and it really doesn’t get any better for buyers.Inventories have steadily declined which balance home prices, This means buyers still have good choices,add low interest rates. Throw a tax credit on top and it really doesn’t get any better for buyers.

More Changes to Real Estate Transactions for 2010

Beside the changes to requirements for FHA loans the GFE(Good Faith Estimate)given by the lender will now have all fees broken down even more so the borrower can see exactly what fees they will be paying to close their loans.......

FHA To Tighten Requirements in 2010

Will FHA tighten underwriting standards on FHA Loans next year by increasing the amount of upfront cash homebuyers must bring to the table, raising minimum FICO scores for new borrowers, and reducing maximum seller concessions from 6 percent to 3percent?

Real Estate Going Green?

There are significant tax credits available on the state and federal level that may help pay for improvements. You can claim a credit of up to $500 on your 1040 for installing energy-efficient windows, insulation, doors, roofs & A/C

Just a thought.....Wouldn't it be wise if appraisals were done before putting a home on the market? Seems it would be helpful for the Seller and the Buyer!

Real Estate Forecast Hopeful

Forecast Hopeful with First-Time Home Buyers Leading the Way, Aided by the home buyer tax credit, the outlook for housing and the economy appears headed for a sustainable recovery, According to the National Association of Realtors®.

Existing Home Sales Surge in Many States

Existing-Home Sales Surge in Many States. Most states continued to experience rising resale home sales in the third quarter, with prices moderating in many metro areas, according to the latest survey by the National Association of Realtors