ARCHIVED BLOG POSTS
2010
FHA mortgage applications rose dramatically in March to a total of 246,406 compared to 165,239 in February, an increase of 68 percent. Over two-thirds of the applications, 163,467, were for the purpose of purchasing a home while 75,541 were requests for refinancing. 7,398 were applications for Ho...
04/29/2010
This March Governor Arnold Schwarzenegger kicked off his campaign to extend and expand the hugely successful homebuyer tax credit to sign legislation that will do just that. AB 183 will provide a tax credit of up to $10,000 to Californians who are buying their first home or purchasing a brand new...
04/23/2010
The Commerce Department released March New Residential Construction: Building Permits and Housing Starts data last Friday. In a nutshell, Housing Starts data estimates how much new residential real estate construction occurred in the last month. New construction means digging has begun. Renovati...
04/21/2010
04/10/2010
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I received a great response to my email last week about the changes to FHA that happen on April 5, 2010 . One of the main concerns from both buyers and REALTORS® was what was happening with condos and FHA financing? As you may remember, HUD announced condo approval changes back in June of 2009. N...
04/07/2010
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