RISMEDIA, June 1, 2010—(MCT)—Although the situation is open to interpretation as well as change, there are growing concerns that the effects of this economic downturn could have a long-lasting effect on the housing market.
A study by the Mortgage Bankers Association, conducted by Kentucky economics professor Joe Peek, concludes that “the current financial crisis and recession [...]
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Currently browsing posts found in May2010
First-Time Home Buyers and Boomers Feel Effects of Housing Downturn Most
Considering New Construction? Top 5 Tips for Buying a Newly Built Home
RISMEDIA, June 1, 2010—Newly built homes, often in recently-developed communities, are regaining popularity and are more affordable than in years past. New homebuilders are using desirable, open floor plans and are helping buyers get into new homes despite the nationwide credit crunch.
As with any major transaction, it’s critical that the buyer enter the home purchase [...]
Finally Spring!
After the longest (and coldest) winter North Carolina has seen for years, I’m so glad to say that spring has sprung. The weather has been perfect lately, which has motivated my husband and I to start working on our yard. We’re newlyweds and new homeowners, with a lawn full of dry soil and weeds.
We’ve been [...]
Regional Spotlight: Bay State Home, Condo Sales Surge by Double-Digit Percentages in April 2010
RISMEDIA, May 28, 2010—Single-family home sales in Massachusetts spiked 45.8% in April 2010 compared to the same month a year ago, while condominium sales soared 55.7%, according to The Warren Group, publisher of Banker & Tradesman.
Prices for both single-family homes and condos also climbed in April.
“The surge in sales activity continued in April. Single-family home [...]
Worth the Wait – Buyer Uses 203k Loan to Turn 60-Year-Old House into Brand-New Home
RISMEDIA, May 27, 2010—The road toward homeownership was a bit more difficult than self-proclaimed “country boy” Ronald Black thought it would be. He began his home search last summer in Polk County, Florida, a more rural community outside of Tampa’s Hillsborough County. After little luck going it alone with his credit union and still more [...]
Distressed Homeowner Video #2
The Redding real estate market has seen its share of distressed properties. We’re continuing our effort to share some great helpful videos provided by makehomeaffordable.gov that provide help for distressed homeowners. This is the second video in our series. This video pertains to Avoiding Foreclosure Scams where a party claims that they will work [...]
Distressed Homeowner Video #2
The Redding real estate market has seen its share of distressed properties. We’re continuing our effort to share some great helpful videos provided by makehomeaffordable.gov that provide help for distressed homeowners. This is the second video in our series. This video pertains to Avoiding Foreclosure Scams where a party claims that they will work [...]
Existing-Home Sales Continue to Improve In April 2010
RISMEDIA, May 26, 2010—Existing-home sales rose again in April 2010 with buyers motivated by the tax credit, improving consumer confidence and favorable affordability conditions, according to the National Association of Realtors.
Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 7.6% to a seasonally adjusted annual rate of 5.77 million units [...]
Plenty of Reasons to Buy a Home Even after the Tax Credit
RISMEDIA, May 26, 2010—Even though the home buyer tax credit expired on April 30, 2010 and won’t be renewed, there may never be a better time to buy a home than today, according to the National Association of Home Builders (NAHB). Many outstanding opportunities still exist for home buyers, but they may not be around [...]
$399000 MLS® 15630 Dog Creek Rd.
(Lakehead – Lakehead, California, US)
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