ARCHIVED BLOG POSTS
2009
At some point in their lives, every home buyer in America has wondered "Is now the best time to buy a home?" In this 3-minute video, NBC's The Today Show does a good job of answering the question. The conclusion? Yes, but not if you're going to overpay. The Buyers Market is ending, we learn, as ...
10/30/2009
Some days, newspaper headlines are a terrible place to get your real estate news. Today is one of those days. After the September New Home Sales report showed sales volume down from August, the mainstream media jumped on the story: New Home Sales fall a surprising 3.6% Surprise Drop In New Home ...
10/29/2009
For August, the Case-Shiller Index showed annual home values improving across 19 of 20 U.S. markets. It's the first time in 3-plus years that the benchmark housing index has shown such strength. According to a Case-Shiller Index spokesperson, "The rate of annual decline in home price values cont...
10/28/2009
I know the official deadline isn’t until November 30th, but because of the time it takes to process a loan application and a myriad of other reasons is why you need to secure a contract and your financing by FRIDAY, OCTOBER 30TH. Title companies will be booked solid and the seller's attorney may ...
10/27/2009
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Comments
Yes, reread that post title again and I’ll tell you why. I remember a loan our company originated way back in 2005. It was a for a young guy who was in a sales job. He had a decent amount of money set aside for his down payment and made decent money. He had been at his job for a little ov...
10/16/2009
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Kevin Lanham
Chicagoland FHA Expert
Do you know what causes mortgage to rise and fall each day? Everyday I post relevant articles and stats that directly influence the direction of mortgage rates. I also will feature relevant real estate news that can educate you about the market. Have a question or a topic you would like me to cover? Feel free to comment!