Spirit Messingham's (tucsonspirit) Blog

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Real Estate Agent - Tierra Antigua Realty - SA624527000

ARCHIVED BLOG POSTS

2016 

Mortgage bond prices finished the week slightly lower with put a little upward pressure on rates. Mixed talk from Fed officials caused uncertainty. The data early in the week was friendly toward lower rates. Consumer confidence printed at 92.2 versus the expected 97.3. New home sales printed at 4...
02/26/2016
DAVIS-MONTHAN AIR FORCE BASE, Ariz. – The Heritage Flight Training and Certification Course will take place here March 3-6, with aircraft and personnel scheduled to arrive March 1-2 and depart March 7.  For those that live in the DM Flight Path, they will recognize that Spring means an increase i...
02/25/2016
In the heart of Central Tucson is a historic subdivision called Colonia Solana.  Established in 1928, considered the first "urban" subdivision in Tucson.  A Spanish Colonial Revival house in the Colonia Solana Neighborhood could become Tucson’s next historic landmark.  The Tucson Historic Preserv...
02/24/2016
Mortgage bond prices finished the week near unchanged which kept rates in check. Stock strength dominated at the expense of mortgage bonds early in the week. We saw a slight unwinding of the flight to quality which pushed rates lower in the prior weeks. The data was mixed as usual. Headline infla...
02/23/2016
Research indicates that millennials have grown up with a strong distrust for big institutions. That same research tells us that millennials have trust issues – they lived on the sidelines during the subprime meltdown and foreclosure fiasco – and they have a hard time trusting the “older” generati...
02/23/2016
Some inexpensive tips for those who do know have a security system. 1. Security cameras are very useful, but even dummy cameras will deter many burglars.2. Even if you don’t have a security system, you can buy decals that say the premises are protected by an alarm. These stickers are available at...
02/19/2016
Because common foundation materials, such as concrete blocks, are somewhat porous, adding an air or vapor barrier can be an important step when it comes to insulating a basement, crawl space, garage or other unheated area of a house. To improve comfort and utility costs for adjacent heated rooms,...
02/19/2016
Most short sale purchase contracts do not allow even simple changes, such a suffix being added to the borrower’s last name, without re-approval by the short sale lender. Make sure that the name on your purchase contract matches the buyer’s government ID, such as a driver’s licenses, since most le...
02/19/2016
  Mortgage bond prices finished the week higher which pushed rates lower. Global economic weakness dominated trading. Concerns in Europe resulted in additional flight to quality buying of U.S. debt instruments such as mortgage-backed securities. Sweden's central bank dropped their key rate to neg...
02/15/2016
Minimum down payment for 1 unit properties is 20% (although rates are better with 25% down). 2-4 unit properties require 25% down. Maximum seller concession is 2% of the sales price. Appraisals cost more since lenders require two extra schedules, comparable rent schedule and operating income sche...
02/12/2016
Rainmaker
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Spirit Messingham

Third Generation Full-Time Realtor® 520 471-6900
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