california home loan: Strong Economy Drives Up High End Sales
- 11/24/14 04:03 AM
Strong Economy Drives Up High End Sales Realtors say the red hot stock market is driving high-end home sales, but the heat is also being stoked by something far more fundamental. There are simply more high-end homes for sale. Dallas, Atlanta, Phoenix and Nashville have at least two times more homes for sale in the top tier than the bottom tier, according to a new report from Zillow. And they are selling. For more on this topic as well as current Mortgage Rate Information, click here. Strong Economy Drives Up High End Sales (1 comments)
california home loan: Increase in New Home Sales
- 09/30/14 08:20 AM
Increase in New Home Sales Sales of new U.S. single-family homes surged in August and hit their highest level in more than six years, offering confirmation that the housing recovery remains on course. The Commerce Department said on Wednesday sales jumped 18.0 percent to a seasonally adjusted annual rate of 504,000 units. That was the highest level since May 2008 and marked the second straight month of gains. Read the full article and find out how mortgage rates are trending this week by clicking here. Contact us today to automatically receive our weekly Realtor Snapshot. You will be added to our (0 comments)
california home loan: Can you use overtime income toward a home loan?
- 05/27/14 07:14 AM
Can you use overtime income toward a home loan? I was recently working with pre-qualifying a client and as we were speaking about his income for the last couple of years it was apparent that his income for last year was much higher than the prior year. I asked him why this was and he proceeded to tell me that his employer started paying him overtime last year. Pop Quiz: Can a lender use this clients' overtime income earned last year to qualify? Watch this week's Military Moment for the answer and comment below to let us know your thoughts! Just click (0 comments)