I am not surprised that several economic experts offered Newsweek their opinions about the state of the economy which varied. They note that housing numbers are improving which realtors ® who are in the "trenches" already know because there are many buyers out there looking to buy. I like how All
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03/31/2009
On March 19, 2009, the Obama Administration unveiled its new website on its Making Home Affordable Program: http://www.MakingHomeAffordable.gov As reported in recent Washington Reports, the program has two main components: (1) refinancing of Fannie Mae and Freddie Mac loans for borrowers who are
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03/29/2009
I am not surprised that in a recent survey first-time home buyers are optimistic considering affordable housing prices and a decreasing 30-year fixed mortgage rate make for an ideal time to buy. More than three-quarters (78%) of potential first-time home buyers say that now is a good time to buy
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03/26/2009
I am not surprised that the latest report from the Mortgage Bankers Association that as mortgage rates are falling... mortgage applications are jumping up. This is an opportunity for home buyers and it may not last for too long. For the second straight week, mortgage applications rose significant
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03/25/2009
I was not surprised to read that existing home sales are up. According to the National Association of Realtors ®, sales of existing homes grew 5.1 percent to an annual rate of 4.72 million last month, from 4.49 million units in January: http://www.msnbc.msn.com/id/29836196 Out in the field, this
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03/23/2009
The latest statistics are out. In February 2009 there were 1,954 single family homes and condos that were sold in the Tampa Bay areas of Hillsborough, Pasco, and Pinellas counties while 3,307 were pending sales: This means that despite the gloom and doom reporting by local and national me
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03/12/2009