Informing Home Buyers and Home Owners about Mortgage Loans; FHA, VA, Conventional and Refinance. Helping you catch on to the latest in the Real Estate Market as a whole. Providing inspiring commentary on the Washington, D.C. metropolitan area, Maryland and Virginia Housing Markets, including Property Management and Apartment Industry news. The information you need to stay in it.
ARCHIVED BLOG POSTS
How serious is it? It might actually be less of a problem than previously believed. A Federal Reserve Governor estimates that ARMs, in the eye of the storm, make up only about 8% of the entire home loan market. Relatively small number. Here's a bigger number. In some calculations the lenders coul...
It was argued in a recent newspaper article that land is in short supply in Las Vegas for residential development. With current construction pace it will last only another six years. A rather short time. Because of that, BLM ought to auction off more of it, which call it resists. The alleged shor...
I've written before about the subprime jolt and who some of the culprits are. The real estate investor, better yet the flipper, is one. He feasted early in the cycle on the rapid increase in home prices by acquiring property and then unloading it in a matter of days or weeks for a nice gain. Then...
Although home price increases nowadays are leveling off, the unbelievable surge in the recent past has left many homeowner candidates out of the picture. Valley incomes have a way to go before catching up to that real estate escalation. With the median household income less than $50,000 and emplo...
Las Vegas luxury condominium market is obviously maturing. Maturing in a different way I would say. When Turnberry Place first opened a few years ago, the average age of a buyer was 62. The owner was independently wealthy and often retired. That's the market the developer carefully catered to. At...
Let's talk about it some more. There are multiple Federal regulators tasked to oversee the mortgage marketplace, from the Federal Reserve to the Office of the Comptroller of Currency to the Federal Deposit Insurance Corporation and others. In essence, a whole group of them with a specific area to...