first time buyers: Mortgage Question from Chesterton Indiana - 02/08/10 07:47 AM
Chesterton Mortgage Reader Question I try to respond to questions that are sent in by email and in the comments here quickly, and in some cases i keep the questions to write posts that may apply to more consumers. Today Mortgage Question submitted by a Chesterton Indiana home shopper -Question: I have been watching rates bounce up and down near 5% for the last six months, and whenever I talk to my REALTOR they suggest home prices are at the bottom ... so it's a no brainer that things can't get any cheaper. But ... does this automatically mean I should … (1 comments)

first time buyers: Hey agents, why should someone buy now? - 01/27/10 12:27 AM
Top 5 Reasons to buy a home now I would always prefer to write answers to actual questions submitted by our readers, and in this case a perfect one for mid-January: QUESTION - Steve, I keep hearing you and others saying we should buy a home now, why? What's so key that we need to buy now instead of waiting until this summer?ANSWER - I'd be happy to supply my thoughts in general, and yet I acknowledge up front that many of you have situations that are unique. Top 5 Reasons to BUY now!
Interest Rates are not going to stay … (1 comments)

first time buyers: Tax Credit - Breaking News for NW Indiana homebuyers - 10/29/09 04:55 AM
Will tax credit be extending and expanded? I ran into two real estate professionals this morning (from Team Tezak) , and inevitably our conversation moved to the state of the real estate industry in northwest indiana. The comment though that jumped out at me was "I just heard the tax credit is going to be extended."Well, not having heard that bit of news I posted on twitter asking for updates and links.The three most sent links were: Senate Likely to extend tax credits for homebuyers, This just in Senators extend and Senators agree to extend homebuyer tax credits.No, it's not law … (0 comments)

first time buyers: Home values - leveling off for best time to buy - NOW! - 06/30/09 01:07 AM
Help - I need to know if I should buy now? Let's be honest, this was a real question submitted by a reader, but they knew my thoughts on the matter. YES, there has never been a better time to purchase a home in Northwest Indiana. Real estate values have completed a small correction over the last two years, and are actually leveled or even increasing in some areas.
 
I wrote that post a couple hours ago on my personal outside blog, Northwest Indiana Mortgages and Real Estate, and now the Case Schiller Home Price Index is released substantiating the … (1 comments)