Christian Penner | My Real Estate Blog

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  Send to a Friend Follow Me On: Mortgage Market Guide: Reports and Remarks Rev Volatility    In This Issue           Last Week in Review: Key reports and remarks lead to a volatile week in the markets. Forecast for the Week: Housing news dominates a holiday-shortened week. View: IRS standard mi...
  Follow Me On:   Homes & Money Newsletter – 1st Quarter 2017     Mortgage News The Story on Inventory Limited housing inventory continued to push home prices up in 2016, but the year ended with positive news that might pull potential buyers into the market. Home prices, including distressed sal...
US Housing Market Is Moving into ‘Buy Territory’!According to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment.The BH&J Index is...
Fannie Mae Selling Guide Announcement Selling Guide Announcement SEL-2017-01 Selling Guide Updates The Selling Guide has been updated to include changes to the following: Confidentiality of Information and Data Breach Seller/Servicer Financial Eligibility Requirements Comparables in New Projects ...
Do You Know the Real Cost of Renting vs. Buying? Some Highlights: Historically, the choice between renting or buying a home has been a close decision. Looking at the percentage of income needed to rent a median-priced home today (30%), vs. the percentage needed to buy a median-priced home (15%), ...
The Impact of Homeownership on Civic Involvement The National Association of Realtors recently released a study titled ‘Social Benefits of Homeownership and Stable Housing.’ The study confirmed a long-standing belief of most Americans: “Owning a home embodies the promise of individual autonomy an...
The Great News About Rising Prices for Homeowners Recently there has been a lot of talk about home prices and if they are accelerating too quickly. As we mentioned before, in some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers out looking for a home,...
  Follow Me On:   Mortgage Market Guide – Views You Can Use 2017 Issue       IN THIS ISSUE…         “It was a home run when the game was tied.” Trace Adkins. Housing scored as 2016 came to close, while the markets saw some shake-ups. We’ll slide into these stories and more, including: Housing Wr...
3 Questions to Ask If You Want to Buy Your Dream HomeIf you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the re...
Buyers Are Searching For Your HouseThe most recent Pending Homes Sales Index from the National Association of Realtors revealed a slight bump in contracts with an increase of 1.6% in December. This news comes as existing home sales are also forecasted to be on pace for 5.54 million in 2017, a 1.7...

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