RECENT BLOG POSTS
Not sure about you, but people have come out of hiding the first few weeks of this new year, and volume of activity seems to be picking up. Open House attendance at much higher than the last several years, and contract flow is very positive. This may be a beginning of the year blip, but signs co...
Signs seem to be telling us that we've hit the bottom of the housing market debacle and may start heading back toward a normal market. Not like in the 2004-2007 timeframe, but a normal market. Unemployment is heading down, the number of foreclosures is likely to stay high but banks are dumping pr...
Kelly Ellis Notes V11.1 Novembver 15, 2011 So, we hear today that reserves at the FHA (Federal Housing Authority) have fallen so low that there is a 50% chance that they will need some sort of tax-payer funded bailout in the next year. The low reserve number is reflective of the rising home-loa...