The much needed and welcome economic stimulus package is now in the hands of the U.S. Senate. But the Senate must include new loan limits on FHA and Fannie Mae and Freddie Mac loans. America’s housing market needs this help.NAR wants a stimulus package that will be good for America’s home owners now and for future homeowners [...]
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List vs Sales prices for the past year. Please remember that sales prices may include upgrades etc. In addition, incentives such as closing cost credits will not affect the sales price.
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Daily Real Estate News | January 31, 2008 Fair Isaac Corp., the company that devised the ubiquitous FICO credit scores, announced this week that it plans to roll out a suite of tools designed to predict future default risk. Fair Isaac says the new products will predict how lenders can offer even more debt to consumers without [...]
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Don’t let this happen to you. Ask for help immediately! Daily Real Estate News | January 31, 2008 Homeowners having trouble paying their mortgages usually don’t ask for help until it’s too late, according to a survey conducted by Roper for Freddie Mac. The study found that 58 percent of delinquent homeowners don’t know that lenders may [...]
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A new listing at 650 2nd Street! Only one listing in this building all of last year. It’s listed by Garrett Frakes at Polaris/Zephyr who is also the owner. If you’ve never been in this building and are interested in an open floor plan you should definitely take a look at this home. Garret [...]
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This story is from Bankrate.com. The reason I’m re-posting it here is that one of my clients who is buying at the Infinity is featured in the article. He is 71 years old and is moving back into the city for…well you can read for yourselves… As new retirees exchange time cards for Social Security checks, [...]
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N106 – 2 Bed/2 Bath – $981,252. S320 – 2 Bed/2 Bath – $1,053,450. N210 – 2 Bed/2.5 Bath – $1,165,289. N518 – 2 Bed/2.5 Bath – $1,274,238. S508 – 2 Bed/2.5 Bath – $1,284,056. I stopped by here on Sunday with a client. Was told that the first closings will now take place in Spring/Summer (originally scheduled for [...]
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I assisted B.Y. with puchasing a home in a new development. This is a very kind and generous testimonial which I greatly appreciate. A sincere thank you! I am proud to have worked with Michael Novia on my first home purchase. The experience was very positive and I firmly recommend him to others who need both advice [...]
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#A-3G – 1 Bed/1 Bath – $733,000. #A-4B – 2 Bed/2 Bath – $950,000.
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Finally we are starting to hear good news about the housing market. Interest rates for Jumbo mortgages are down, the Fed will most likely drop rates again, banks are working with sub-prime borrowers to refinance their loans, and the government is giving us all a nice big check this summer. It’s an election year; enjoy it while you can! [...]
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