Guy Adams's (guyadams) Blog

OK, so maybe this didn’t happen…………. I just escaped!  I ran all the way home to tell you what just happened to me.  I can’t believe this….I’m out of breath…….  Ok, breathe…in…out….in…out.  Ok, yesterday, Wednesday, July 28th, 2010, 1700 hours, I mean 5:00 P.M., (sorry, I reverted back to my milit...

The Cincinnati Area Board of Realtors has released numbers for home sales for June, 2010.  There were 2,129 units closed in June, a 7.63% gain over June of 2009.  Reported sales are largely due to contracts written before April 30th that qualified for the federal tax credits of $8000 or $6500. Ci...

Bank loan officers are now required to add their names and fingerprints to a national database so it will be easier to identify unethical lenders. Federal regulators approved these requirements Wednesday and the registry is expected to begin operating next January. Banks will have 180 days to co...

Fannie Mae CEO Michael Williams said Wednesday that Fannie’s current book of business is its strongest in 10 years. In a speech to the group Women in Housing and Finance, Williams said Fannie is emphasizing long-term, fixed-rate loans based on more accurate appraisals to borrowers with higher cr...

The restoration of the single-family rural housing program that would guarantee home loans for rural buyers was passed by the Senate today and is on its way to President Obama. The National Association of REALTORS® has vigorously lobbied to restore funding for the rural program since last March,...

Repossessions climbed 38 percent in the first six months of 2010 compared 2009 and were up 5 percent from the first quarter, foreclosure listing service RealtyTrac announced Thursday. In all, lenders repossessed nearly 528,000 homes in the first six months of the year. If that rate continues thr...

Frugal Tips for Making a Home More Appealing Homeowners who want to sell but don’t have a lot of cash to spruce up their properties might consider these tips from Bankrate.com for upgrading a property without spending a fortune. Polish up the kitchen. Add new cabinet door handles, replace lightin...

Craiglist founder Craig Newmark offered this advice for real estate users of his site: • Disclose who you are, including what firm you’re with. • Don’t keyword spam, which is including lots of keywords that are irrelevant. • Avoid posting individual listings more than every 48 hours – more frequ...

Vacancies are still increasing in many parts of the U.S. and new commercial construction will be sparse this year, Kermit Baker, chief economist for the American Institute of Architects said Wednesday. “There are a number of factors at play here that are contributing to one of the steepest const...

Bike-friendly Madison is welcoming a new kind of real estate company. Based in Boulder, Colo., but now developing franchises nationwide, Pedal to Properties specializes in showing homes for sale by navigating clients through neighborhoods on bicycle. The bike tours are a more personal and even c...