insert-headers-and-footers domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/internetpages/srec.internetpages.net/wp-includes/functions.php on line 6170oxygen domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/internetpages/srec.internetpages.net/wp-includes/functions.php on line 6170Mortgage rates are still at rock-bottom levels, and will stay there for the foreseeable future. The total number of foreclosures are down. Home prices and the number of new home sales are up. Is this glimmer of recovery in the housing market a signal of a larger housing boom about to happen? Barclays Capital is […]
With the end of 2012 approaching, negotiations regarding the so-called "fiscal cliff" have intensified in Washington. The fiscal cliff represents a series of spending cuts and closed tax loopholes that would save the government a significant amount of money each year, dramatically reducing the deficit over time and promoting a balanced budget for […]
October brought more encouraging news to the housing market, as the pace of home sales rose by over 2%, up 11% from last year. This despite the destruction from Hurricane Sandy. The actual number, 4.79 million, was higher than predicted. Lawrence Yun, chief economist for the National Association of Realtors commented that, “the market is […]
There’s a new term in real estate to know – boomerang buyers. This is the term the Wall Street Journal has coined for people who have gone through a foreclosure or a short sale and are ready to be a homeowner again. They have come through the rough patch and are back in the market. […]
This is the first in a series of videos I made to walk you through the process of finding private lenders. In this video I walk you through the documents used to raise capital for a property I just acquired, and I take you to the house itself. We go through the note and the […]
There’s been a lot of coverage in the news lately about low interest rates on home loans, and this is causing more and more people to either try and refinance or get approval to move forward with a new home purchase. Even though mortgage rates are low and deals plentiful, it’s still not easy to […]
As of Nov. 1, the new short sale guidelines announced by Freddie Mac went into effect. These guidelines now ensure that Freddie Mac and Fannie Mae have the same rules regarding short sales. There are three main things to be aware of in these guidelines that are designed to speed up the traditionally long, slow […]
Thanks to a meeting of several factors, the rock-bottom housing bargains we’ve gotten used to are slowly fading. A combination of slowing new foreclosures, falling mortgage rates and rising home prices has lead to an overall increase in new and existing home prices. There is also a shortage of home inventory. Across the US, new […]
“The residential real estate market benefited from low interest rates, reduced mortgage defaults and a tighter supply of available homes.” The price of houses continued the slow climb upward in August, according to the much anticipated Standard & Poor’s/Case-Shiller Price Indices report. Single-family homes rose in 19 of 20 major cities during the summer (June, […]
This one is hot off the presses, and we’ll be learning more as the days come. On Wednesday it was announced that, in a civil mortgage fraud lawsuit, the US is accusing Bank of America of “selling thousands of toxic home loans to Freddie Mac and Fannie Mae that went into default and caused more […]
