Week in Review: Things We Liked from the Week That Was
With Memorial Day this weekend, the perfect storm is setting in for the summer home buying season. Riding the tails of a 7.6% increase in
With Memorial Day this weekend, the perfect storm is setting in for the summer home buying season. Riding the tails of a 7.6% increase in
Of course, last Friday was the long anticipated deadline of the home buyer tax credits. While it did cause last minute deals to hurry in
The White House wants our input on how to overhaul the nation’s $11-Trillion mortgage market. Through the Office of the Federal Register, the administration will be asking the public to provide comments to questions regarding the futures of Fannie Mae, Freddie Mac and the broader U.S. housing-finance system.
This week officially kicks off the beginning of real estate season or, as I like to say, the Real Estate New Year. The 2.9 percent
We had a mixed bag of news this week. Do you want the good news or bad news first? A storm cloud hung over the
Selling through the current economic “Yin-yang”
(The coherent fabric of nature and mind, exhibited in all existence)
The Yang
It is interesting how there always seem to be two sides to every economic rebound. One recent effect of increased real estate market activity is a gradual increase in long-term mortgage interest rates. After bottoming out this past March in the vicinity of 4.5% for a 30-year fixed loan, the current and still historically low rate of 5.5% seems inflated to increasingly price-sensitive consumers. As a result, homes sales and refinancing are being impacted, albeit only slightly.
Photo by JOE M500/Flickr.com Posted by Nicolai Kolding I’m an insomniac. That hardly makes me unique around here – it’s a bit of a running
Posted by Sherry Chris In a meeting this morning, Alex Perriello eloquently stated, “I feel like I am in Imelda Marcos’ closet – the shoes
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