Why You Shouldn’t Schedule Your Closing For May 28, 2010
April 14, 2010 by Real Estate News · Leave a Comment
If you’re under contract for a home and plan to close in May, consider a closing date other than Friday May 28, 2010.
It’s Time To Re-Approve Your Pre-Approval
April 9, 2010 by Real Estate News · Leave a Comment
If your pre-qualification and/or pre-approval letter is more than 8 weeks old, it would be prudent to have your lender “re-pre-approve” you. Mortgage guidelines have been in flux and your original lender letter may now be invalid.
The Federal Home Buyer Tax Credit Enters Its Home Stretch — 30 Days Left
April 1, 2010 by Real Estate News · Leave a Comment
There’s just 30 days remaining to use the federal home buyer tax credit. The credit ranges up to $8,000 for first-time homebuyers, and up to $6,500 for existing homeworkers who have lived in their main home for 5 of the last 8 years.
Existing Home Sales Flatten And Point To A Much Better Spring
March 24, 2010 by Real Estate News · Leave a Comment
As expected, Existing Home Sales fell in February, slipping 30,000 units versus January’s numbers. It’s the 4th straight month in which Existing Home Sales were lower, month-over-month. But it may not last long.
Single-Family Housing Starts Hold Steady For The 8th Straight Month
March 18, 2010 by Real Estate News · Leave a Comment
Single-family Housing Starts idled last month, dropping just 3,000 units from the month prior, or 0.2%. According to the Commerce Department’s report, February marked the 8th straight month in which Housing Starts straddled the half-million marker, dating back to June 2009.
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