December’s Job Report : Good For Home Affordability
For this month -- and for the rest of 2011-- employment data will figure big in mortgage markets and for home affordability. Last week's release is the first big splash.
Home Affordability Reaches Record-Levels… Last Quarter.
it's a fantastic time to be a Philadelphia home buyer where 66.3 percent of all new and existing homes sold in the third quarter were affordable
Mortgage Rates May Be Low, But They’re Tough To Pin Down — Especially This Week
Mortgage rates would have been volatile this week. The presence of Labor Day just piles on. If you have a chance to lock something favorable and within your budget, consider doing it.
A Simple Explanation Of The Federal Reserve Statement (June 23, 2010 Edition)
Today, in its first meeting in 5 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains within its target range of 0.000-0.250 percent.
May 2010 Jobs Report Gives A Temporary Boost To Home Affordability
According to the government, 431,000 jobs were created in May, but of those new jobs, 95.4 percent represented temporary staffing for the 2010 Census. Home affordability is improving on the report.
How To Buy Bank-Owned Homes In A Period Of Rising Inventory
California, Florida, Arizona and Georgia accounted for more than half of all bank repossessions in March 2010. It's a disproportionate distribution of foreclosures. Together, the 4 states represent just 23 percent of the overall U.S. population.
Spring 2010 FHA Guidelines Make Borrowing Tougher And More Expensive
In a statement issued Wednesday, the Federal Housing Authority outlined policy changes to its mortgage assistance program. The shift is meant to both reduce the government group's portfolio risk while strengthening its overall financials. For consumers, the changes mean higher costs.
Everyone Thinks the Market is Recovered!
IMG_0745, originally uploaded by reeltor99. Well maybe not everybody, and [...]
Long Term Trends Indicate a Possible Recovery in Housing
It seems that this may be another in what is [...]
Half of the Nation’s Foreclosures are in Three States
Foreclosure-tracker RealtyTrac reports that the number of foreclosures nationwide rose [...]
My Life Since Facebook
Image by Getty Images via Daylife About two and a [...]
Magic or Technology?
Cover via Amazon Before becoming a REALTOR I spent many [...]