HOME VALUES Go North Dakota

HOME VALUES – The average home price in the USA declined by 11.5% (in aggregate) over the last 5 calendar years (2006-10).  Homes in North Dakota appreciated +18.5% over the period, while homes in Nevada declined by 52.8% (source: Office of Federal Housing Enterprise Oversight,...

Small Is The New BIG In Real Estate

Small homes have captured a loyal and growing place in the American popular imagination. This interest, along with the recession, housing crash and rising prices for heating fuel, have helped shrink the average American home size. via Small homes, big appeal – MSN Real...

**Urgent – Window of Opportunity May Be Closing – Sooner Than You Think

I wanted to reach out to you before it’s too late. You may have heard that home loan rates reached record lows in October – and in fact, I’ve been slammed with emails and phone calls from clients just like you who wanted to take advantage of this wonderful situation. But – and this is an...

More Guideline Changes – Fannie Mae Passes New, Tougher Mortgage Guidelines

Getting approved for a mortgage is about to get harder. For the second time in less than 3 months, Fannie Mae announced changes to its mortgage guidelines. In its official announcement, Fannie Mae details the updates, meant to reduce the mortgage firm’s overall risk. The first major change is with...

Hillary Clinton loses her temper in Congo – Hillary What Does Bill Think?

YouTube – Hillary Clinton loses her temper in...

Using the $8,000 First Time Homebuyers Tax Credit as a Down Payment. – NOT So FAST!

I am sure you have heard all the Hype about the new ability about Using the $8,000 First Time Homebuyers Tax Credit as a Down Payment.  Not so FAST! As a lender on the Broker side I am all over this; I have queried multiple lenders and have included there response. In short not one lender has implemented it...

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