Steve Albin's (tnhome) Blog

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Real Estate Agent - JustListedKnoxville.com / Signature Homes

ARCHIVED BLOG POSTS

2009 

The mortgage principal and interest payments will be reduced by up to 30% for borrowers qualified for PRP, which replaces Fannie's HomeSaver Forbearance program. PRP reduces the payments by 30% rather than the previous 50% under HomeSaver Forbearance, because permanent solutions are closer to 30%...
10/27/2009
The national median home price are now a very affordable $174,100 median home price. Here in Knoxville Tennessee median price is in the $140's. with low interest rates buyers should be able to get the home of there dreams. *All areas are metropolitan statistical areas (MSA) as defined by the US O...
10/20/2009
Latest home prices: April - June 2009 The national median home price fell a record 15.6% during the second quarter of 2009. Check how prices fared in your hometown. MORE>>> http://money.cnn.com/2009/08/12/real_estate/second_quarter_home_prices/index.html
10/20/2009
While plenty of Tennessee newcomers dream of standing ovations at the Grand Ole Opry, not everyone can be Toby Keith or Faith Hill. But those who are still waiting to make it big can count on keeping more of their paychecks from the day job: Tennessee has no personal income tax on wages and salar...
10/20/2009
(Reuters) - The U.S. Internal Revenue Service is probing more than 100,000 doubtful claims of a tax credit meant for first-time home buyers, the Wall Street Journal reported on its website on Tuesday. The $8,000 tax credit for first-time home buyers under the American Recovery and Reinvestment Ac...
10/19/2009
By David Lawder WASHINGTON (Reuters) - The Obama administration on Monday launched a program to help the depressed U.S. housing market by effectively allowing state and local housing finance agencies to borrow from the U.S. Treasury. The initiative, announced as new data showed a downturn in home...
10/19/2009
Warren: Housing Market Getting Worse Posted Oct 16, 2009 12:11pm EDT by Aaron Task in Recession, Banking, Housing Related: xhb, ^DJI, TOL, LEN, KBH There's been a lot of talk lately about a recovery in the housing market - even reports of bubbles re-inflating in certain markets. Elizabeth Warren,...
10/17/2009
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