SO, JUST HOW IS THE REAL ESTATE MARKET?

You may have been asking yourself that question. The answer, quite simply stated, depends on whether you are planning to buy, sell or invest. As you know, the real estate market has been quite challenging for the past couple of years and those market conditions affect each person and each property differently. Now the good [...]

Long Terms Rates Fall

McLean, VA – Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 4.91 percent with an average 0.7 point for the week ending November 12, 2009, down from last week when it averaged 4.98 percent. Last year at this time, the 30-year [...]

Extend Credit

The popular first-time homebuyer tax credit that was scheduled to end this month is being extended. President Obama signed a bill that extends the up to $8,000 tax credit for first-time homebuyers for seven months. An additional incentive for the housing industry is for homeowners. The $6,500 tax credit will benefit some existing homeowners who [...]

What makes an agent valuable

Recently, an excited first-time homebuyer spent some time telling a real estate agent what she wanted in a home. They also discussed financing. Immediately afterwards, the agent took her new client out and showed her… …two homes. One was perfect. Instead of making an offer right away, the buyer went home and called her friend. [...]