Most of you do not remember much about The Great Depression. You may have heard stories that your grandparents told you. How they lost their homes in the early 1930's. Many people did. And, one of the reasons that Franklin D. Roosevelt won the election in 1933 was his promise of a New Deal. The i
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08/29/2007
As a broker, I am required to take 18 hours of CE in this renewal period. The state just upped the number of hours from 12 to 18. The additional six hours are in Broker Management.So, on Friday, I spent the entire day inside a classroom with 50 other brokers. And, many of these brokers were "old"
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08/27/2007
And the summer of '07 bought the plagues: Came the swarm of 17-year LOCUSTS or cicadas with their beady red eyes, who ate the tender tips of trees and shrubs; then their brethren, the 13-year cicadas, and lo and behold, finally the annual cicadas who found that all the best food had been devour
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08/23/2007
Naperville Single Family August, 2007 Stats As of 8/22/2007: Number of Active listings: 1236Average list price: $675,413 Average days on market: 170 The breakdown: There are 263 3 bedroom homes on the market; average price: $402,2404. Market time: 129 days There are 801 4 be
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08/22/2007
Saturday mornings are usually spent at the Farmers Market held at the 5th Avenue station.And, yesterday, even though the day was grey and rainy with a hint of Autumn, was no exception. You have to get up early and get there before 9am to get the freshiest fruits and veggies. There are several far
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08/19/2007
OK...I'm showing homes yesterday to one of my RELO buyers.We pull up to an average looking house. Open it up by using the Supra...and then stumble in the dark. Blacker than a closed coffin.All the blinds were closed; all the drapes pulled shut. Madly searching for a light switch, we finally found
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08/17/2007
We spent the last week in Portland, Oregon. A lovely city overflowing with flowers and gardens. We visited the Japanese Gardens, The Rose Gardens, The Chinese Gardens and viewed more gardens at the fish hatchery along the Columbia River.Now, I've never been to Portland and didn't know what to exp
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08/14/2007
That's the magic number.If your loan amount is below that number you'll be able to get conventional or FHA funding at the best rate.However, should your mortgage be above that number, expect to see the loan quote (loan rate) higher. It seems that lenders are now more worried about these jumbo loa
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08/04/2007
Today, American Home Mortgage closed its doors and released 7000 employees. They are out of business.We will see more fall out, especially as many hedge funds lent money to lenders to underwrite these mortgages.We have buyers who got loans in the past few years with 100% NO MONEY DOWN as the enti
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08/03/2007
House Values, which is one of the early lead generating companies, just announced that they're closing their Yakima office and 'letting go' of 100 of their employees there. They cite the poor market and that agents haven't learned how to manage internet leads as some of their reasons for dieting.
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08/01/2007