Shawn Gerhardson Minnesotas Preferred Lenders Blog

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ARCHIVED BLOG POSTS

2012 

Fixing Up An Historic Home : The Three Rs   If you enjoy both history and fixing things, then you may have trouble driving by historic homes for sale in Isanti without feeling the urge to buy and fix one up. Before you do, however, you should know the three R’s of fixing historic homes — Restorat...
12/28/2012
Case-Shiller Index Posts 4% Annual Home Price Gain   The U.S. housing market continues to make home price gains. Earlier this week, the S&P/Case-Shiller Index showed home prices gaining 4.3 percent during the 12-month period ending October 2012, marking the largest one-year gain in home prices si...
12/26/2012
How To Install A Water Heater Jacket   A simple way to save money is to improve your home’s energy efficiency rating.  For example, Cambridge homeowners can save up to 9 percent per year on water heating costs simply by installing a water heater jacket. Water heater jackets are easy to install. H...
12/25/2012
Housing Starts, Building Permits Rising Into 2013   Single-family housing starts took a small step back in November. According to the monthly Housing Starts report from the U.S. Department of Commerce, single-family housing starts tallied 565,000 in November 2012 on a seasonally-adjusted, annuali...
12/21/2012
Homebuilder Confidence Rises For 9th Straight Month   The National Association of Home Builders (NAHB) released its Housing Market Index (HMI), showing another monthly gain — its ninth in a row. The HMI — a gauge of homebuilder confidence — rose 1 point to 47 in December 2012, lifting the index t...
12/19/2012
3 Ways To Purchase Foreclosed Properties   The process of buying a foreclosed home is slightly different from the process of buying a non-foreclosure home.  If you want to invest in North Branch foreclosures, therefore, it is important to understand the different ways by which to purchase a forec...
12/19/2012
Short Sales Outnumber Foreclosure Sales For Third Straight Quarter   Foreclosure-tracker RealtyTrac reports falling foreclosure sales nationwide as banks get better at selling homes via short sale. In its Q3 2012 report, RealtyTrac says that 193,059 homes in some stage of foreclosure were sold, a...
12/18/2012
What’s Ahead For Mortgage Rates This Week : December 17, 2012   Mortgage bonds worsened last week, moving mortgage rates higher. Economic news was mostly positive and the Federal Open Market Committee (FOMC) changed some of Wall Street expectations for future monetary policy. Freddie Mac reported...
12/17/2012
Improving Market Index : Up To 201 Cities For December 2012   Last week’s National Association of Home Builders/First American Improving Markets Index (IMI) brought positive news about U.S. housing markets and the broader U.S. economy, in general. According to the IMI, there are now 201 U.S. mark...
12/14/2012
Simple Explanation Of The Federal Reserve Statement from December 12 , 2012   The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday. For the tenth consecutive meeting, the FOMC vote was nearly unanimous. Rich...
12/13/2012
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Shawn Gerhardson

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