Fred Mannila's (fmannila) Blog

Tuesday, July 7, 2009 Fred Real Estate Group in the news!   Please take a look at the attached link. Fred Real Estate Group was recently featured in the Bend Bulletin.http://www.bendbulletin.com/apps/pbcs.dll/article?AID=/20090705/BIZ0102/907050320/0/FRONTPAGEFor any real estate needs, please con...

The Federal Housing Administration rolled out details of its policy Friday that will let first-time home buyers apply an $8,000 tax credit to fund home purchases. Until now, home buyers were only able to get that money after they bought a home, by applying for the credit-10% of the home's price u...

Federal officials on Monday reversed an earlier decision to allow first-time home buyers to use an $8,000 tax credit to borrow the down payment on a home. A week earlier, U.S. Department of Housing and Urban Development Secretary Shaun Donovan had told the National Association of Home Builders th...

I think I do! And it couldn't have come at a better time! It seems like just yesterday my phone wasn't ringing and the suddenly, "POOF!", it started to ring! It feels like buyers are starting to come out of the woodwork and see what kind of deal they can get out there.And there are deals to be ha...

Fred Real Estate Group is pleased to announce that it will begin offering flat fee listings for sellers looking to take advantage of the exposure and marketing the local MLS can give their property but do not need the professional representation of a realtor.We are offering these options to selle...

NEW YORK (CNNMoney.com) -- If you're thinking of buying a home, there could be a big bonus for you in the economic stimulus bill that's now before Congress. Among its many provisions is a $7,500 tax credit for first time home buyers. The House passed the $819 billion stimulus plan, including this...

Falling home prices are a great opportunity for move up buyers. Even though your home sale may be lower, the smaller loss at sale can be compensated by greater savings at purchase. If home prices dropped by 5%, here's what it could look like if you decided to trade up: (courtesy of Realtor Magazi...

Are you kidding me? Can you really go out and get a 30 year fixed mortgage for 5.01%? And in some circumstances, even lower!I know the economy is questionable. But if there has EVER been a time to go out and scoop up as many real estate deals as possible, that time is now.I have been hearing of p...

It's been a rough year for many people. The stock market roller coaster, the foreclosure crisis, the unemployment being at a record high. Times are tough for a lot of people but I believe that 2009 will bring change for many. I believe the real estate market "decline" will calm down near the end ...

As the holiday's are upon us, it is time to remember the one's who are in need. The one's that are losing their homes, the one's who have lost their jobs and their retirement savings, the one's who have friends and family in the military that will not be with them during the holidays. The one's w...