Michael LaFido's (sellmorerealestatetoday) Blog

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Real Estate Agent - CONLON/Christie's International Real Estate
The Year Is Half-Over. How Did The Housing Experts Fare On Their Predictions? July 1, 2010 by · Leave a Comment    As 2009 was ending, the “experts” were busy making forecasts about the U.S. economy and what to expect in 2010. With respect to the housing markets, two predictions were made again ...
Bank Reposessions Reach Record Levels For The Second Straight Month According to foreclosure-tracking firm RealtyTrac.com, bank repossessions reached record levels for the second straight month in May, topping 93,000 properties nationwide. As compared to May 2009, all 50 states now show an incre...
Fannie Mae's Loan Quality Initiative : Repulling Your Credit Just Before Closing A new loan quality initiative from Fannie Mae is making it harder for home buyers and refinancing homeowners everywhere to close on a mortgage. Beginning June 1, 2010, with all new applications, Fannie Mae wants len...
How To Mount And Install Carbon Monoxide Detectors In Your Home Carbon monoxide (CO) is an odorless, colorless gas found in combustion fumes, stoves, gas ranges and heating systems.  It's poisonous to humans because carbon monoxide binds to red blood cells, preventing the flow of oxygen through ...
Pending Home Sales Data Shows "Great Deals On Homes" Are Getting Harder To Find   The Pending Home Sales Index shot higher in April as low mortgage rates and a soon-to-expire federal tax credit spurred home buying across the county. A "pending home sale" is a home that's under contract to sell b...
Consumer Confidence Hints At Higher Home Prices And Higher Mortgage Rates, Too   The Consumer Confidence Index is rising, a potentially double-edged sword for Americans, in general. According to The Conference Board, economic confidence is as high as it's been since August 2007 -- 4 months befor...
How To Replace Your New Home's Deadbolt Locks After moving into a new home , you should immediately replace its deadbolt locks.  It's not just the home's former residents that have the key, after all, but so might a relative, a friend, a neighbor, a dog-walker, and others. You may call a locksmi...
Should You Refinance Your Mortgage? Because of strife in Greece, Spain and North Korea, conforming mortgage rates are back to all-time lows. They're at levels not seen in 50 years.  For homeowners that missed the Refi Boom of November 2009, it's a second chance. In this well-presented, 3-minute ...
Home Price Index Rises 0.3% in March 2010   Home values rose in March, according to the Federal Home Finance Agency's most recent Home Price Index. Values were reported higher by 0.3 percent, on average, from February. We use the phrase "on average" because the Home Price Index is broad-reaching...
Home Supplies Tick Higher, Creating An Opening For Today's Home Buyers   Sales of existing homes rose in April, buoyed by an expiring home buyer tax credit and exceptionally low mortgage rates. As compared to March, April's Existing Home Sales rose by 410,000 units nationwide -- the second strai...

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