RECENT BLOG POSTS
0
Comments
In a recent interview for “Housing News Report”, Jonathan Smoke – Chief Economist at Realtor.com – says that, “2016 will be our best year since 2006, but also our most normal year since 2000. We’ve lived through 15 years of abnormal trends, and after working off the negative effects of the housin...
02/08/2016
0
Comments
Mortgage bond prices finished the week near unchanged which kept rates in check. The data was mixed which did little to ease economic uncertainties. Personal income rose 0.3% versus the expected 0.2% increase which was not good for lower rates. However, spending was unchanged versus the expected ...
02/06/2016
1
Comments
Most minimum down payment transactions, such as FHA loans and 5% down conventional loans, require that if the seller contribution exceeds the buyers closing costs and pre-paid items, the excess be returned to the seller. The buyer must meet the minimum cash investment for the loan program. Most ...
02/04/2016
0
Comments
In a recent post on Inman.com, the author asked Matthew Shadbolt – director of real estate products at the New York Times – to list the three trends agents should look out for in 2016, and Mr. Shadbolt kindly replied with these items:1. Virtual Reality: “We’ve reached a tipping point with virtua...
02/03/2016
With so many new products on the market, many home owners are left wondering "where is the best location to put the thermostat?"Thermostats control the operation of heating and/or cooling systems in your home. Proper location, maintenance and operation of your thermostat keeps indoor temperatures...
01/31/2016
Did you know Fannie Mae offers a specialized loan program for consumers who want to buy a home for an elderly parent or disabled child to occupy. This program allows owner occupied financing at normal rates even though the buyer will not themselves occupy the property. The borrower must show that...
01/29/2016
0
Comments
Mortgage bond prices finished the week sharply higher which pushed rates lower. Continued stock weakness early in the week helped rates improve. Consumer sentiment printed at 98.1 versus the expected 96.8. Cheap gas prices and rising home equity were good for consumers in January. New home sales...
01/29/2016
0
Comments
• Keep Your Roof Clean Regularly check for organic material and debris. If found, clean it off of your roof. If left, organic material can wear away your coating or compromise the integrity of your roof.• Check For Slipped Tiles Slipped tiles expose the underlayment. If the underlayment is compr...
01/27/2016
The National Association of Realtors recently conducted a survey of renters who are 34 years of age or younger. Nearly all of those questioned say they want to own a home in the future. The NAR titled the survey Housing Opportunities and Market Experience – you read that right: HOME (points to th...
01/26/2016
At the MCRC (1/20/16) meeting Capt. Casey Osborne, Public Affairs at D-M, said that for the Heritage Flight Training March 1-6 this year, that there will be 2 F-35’s involved in the training.Heritage Flight training is to certify the planes/pilots for flying in air shows across the country. Curre...
01/24/2016