According to MSNBC, there has been a jump indemand for mortgages giving rise to hope that there will be an increase in home purchases over the spring and summer. This will help bring relief for the housing market as buyers take advantage of the attractive interest rates and decreased home values allowing them to purchase more than in the past.
http://www.msnbc.msn.com/id/30107144/
Quoting from the article:
"Overall mortgage applications last week were 72.4 percent above their year-ago level. The four-week moving average of mortgage applications, which smooths the volatile weekly figures, was up 13.3 percent."
Wednesday, April 22, 2009
Monday, April 13, 2009
The Future of FHA Loans: Seller Contriubutions for Buyer?
The following link gives various thoughts on whether or not FHA should allow seller contributions for buyers.
http://http://realestate.yahoo.com/info/news/washington-report-obama-and-fha
http://http://realestate.yahoo.com/info/news/washington-report-obama-and-fha
Thursday, April 9, 2009
Fed: Seller's to Disclose Home Energy Costs?
The link below discusses an idea HUD has come up with for home sellers to disclose home energy consumption to potential buyers (as the auto companies do for cars). Do you think this is a good idea? What ways might it be a benefit or hinderence in the real estate market?
http://http//www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/04/12/REOU16TJ2S.DTL
http://http//www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/04/12/REOU16TJ2S.DTL
Elko Garners National Attention Once Again...
It's fun to find so much interest in our little ol' town- even the Wall Street Journal is taking notice!
http://online.wsj.com/article/SB123923354485803067.html
http://online.wsj.com/article/SB123923354485803067.html
Subscribe to:
Posts (Atom)
