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Category Archives: general
More Home Owners Walk Away
A growing number of home owners in Arizona, California, Florida, and Nevada—where prices have fallen the most—are walking away from their properties. They are leaving the deal behind not because they can’t pay but because they don’t want to. A … Continue reading
Exterior Remodeling: Best Bang for Your Buck — New York Real Estate
Despite a slow market and a slight decrease in the resale value of most remodeling projects, REALTORS® report that the smartest home improvement investments may also be some of the least expensive. Results from the 2009 Remodeling Cost vs. Value … Continue reading
4 out of 10 Recent Buyers Used FHA Loans — New York Real Estate
According to the most recent REALTORS® Confidence Index, 39 percent of recent buyers purchased a home with a Federal Housing Administration-insured loan. REALTORS® who took part in the November survey also reported that the number of first-time home buyers continued … Continue reading
Posted in Foreclosures, general, Home Renovations, Housing Market News Update, mortgage, New York Real Estate
Tagged affordable mortgage financing, aluable insights into today’s real estate market, current housing trends, distressed properties, Distressed Sales, economic recovery, Federal Housing Administration-insured loan, FHA, First-time home buyers, foreclosure, home owners, Home Valuation Code of Conduct, homes for sale, housing market, housing recovery, NAR, policymakers, real estate information, REALTORS, Realtors Confidence Index, REALTORS®, sales prices
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Mortgage Volume Rises Slightly — New York Real Estate
Mortgage applications were up 0.3 percent last week compared to the previous week on both a seasonally adjusted basis and on an unadjusted basis, according to the Mortgage Bankers Association weekly survey. The increase was in refinances, which rose 0.9 … Continue reading
Posted in commercial real estate, Foreclosures, general, Home Buyer Tax Credit 2009, Home Renovations, Housing Market News Update, mortgage, New York Real Estate, Short Sales
Tagged 1-year ARMs, 15-year fixed-rate mortgages, 30-year fixed-rate mortgages, mortgage, mortgage applications, Mortgage Bankers Association, Mortgage Rates, refinances
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Green Mortgages Save Money And The Environment
Environmentally-friendly mortgages offer the potential of lower utility bills, easier credit and the ability to borrow more. This peace of mind will make your mortgage cheaper and ultimately more comfortable. If you’re shopping for a mortgage, one option you may … Continue reading
Posted in Foreclosures, general, Home Renovations, Housing Market News Update, mortgage, New York Real Estate
Tagged an energy-improvement mortgage (EIM), better house, better resale value, borrow more, borrower, cheaper mortgage, conventional energy-efficient mortgage (EEM), conventional mortgage, Do-It-Yourself Projects To Boost Home Value, earth-smart money, easier credit, eco-mortgage, energy audit, energy-efficient design and appliances, energy-efficient home, Environmentally-friendly mortgages, Federal Housing Administration (FHA), FHA 203(k) loans, FHA EEM, Financing Costs, fixed-rate mortgage, green mortgage, heating and cooling systems, home insulation, income calculation, Lenders, mortgage payment, peace of mind, reduce your costs, refrigerator, shopping for a mortgage, Tax Incentives, utility bills, VA EEM, washer and dryer
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New FHA Guidelines Could Aid Condo Sales
New Federal Housing Administration condo-loan guidelines that took effect Dec. 8 could make it much easier for condo buyers to get a loan. Under previous guidelines, half the units in a new condo development had to be sold before the … Continue reading
Posted in commercial real estate, general, Housing Market News Update, mortgage, New York Real Estate
Tagged condo associations, condo buyers, condo-loan, Fair Housing Act, Federal Housing Administration, FHA, FHA loans, FHA-approved, Investor’s Business Daily, mortgage, new condo development, vacancy problem
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Geithner Says TARP Will Be Extended
Treasury Secretary Timothy Geithner told Congress on Wednesday that the government’s financial bailout program, Troubled Asset Relief Program (TARP), will be extended until Oct. 3, 2010. “The recovery of our financial system remains incomplete and near-term shocks to that system … Continue reading
Posted in commercial real estate, Foreclosures, general, Home Buyer Tax Credit 2009, Housing Market News Update, mortgage, New York Real Estate
Tagged (TARP), economic recovery, financial bailout program, financial system, Foreclosures, housing market, Timothy Geithner, Treasury Secretary, Troubled Asset Relief Program
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