RECENT BLOG POSTS
Feb. 12 (Bloomberg) -- Traders are driving relative yields on Fannie Mae and Freddie Mac mortgage bonds that most influence the interest rates consumers pay to the lowest in 17 years, speculating cash the companies use to buy delinquent loans will be recycled back into the securities. The differe...
By Rich Miller and Christine Harper Dec. 5 (Bloomberg) -- Treasury Secretary Timothy Geithner disputed claims by Goldman Sachs Group Inc. executives that the bank could have survived the financial crisis without government help and said it and other Wall Street firms should show some restraint in...
Interesting article from the Washington Post on the possible changes to FHA loans. These changes could include increasing the down payment to 5% (currently 3.5%), decreasing seller contributions to 3% (currently 6%), increasing the monthly mortgage insurance, increasing the upfront mortgage insu...
Heres What is Happening in Washoe County Nevada. For the Month of October 2009, Property's Sold were as follows: Bank-owned properties - 39% Short sales - 25% Equity sales - 35%
The federal government's extension and expansion of the home buyer tax credit is a "necessary evil" to keep the still-vulnerable housing market from regressing, analysts say. "We see some signs of recovery, but there are still dark clouds overhead," said Nicolas Retsinas, director of the Joint Ce...
The greater Reno metro area is projected to have the biggest decline in value in the next 12 months among all housing markets in the nation, with analytics firm Veros Real Estate Solutions forecasting a 12 percent median price dip for both new and existing single-family homes. The Reno metro area...
Re-fis continue to fall; down 15% from August's number New homes sales up nearly 13% over August's new home sales Resales also increased nearly 13% over August's number Washoe County Notice of Default filings for September totaled 930; down 12.8% from August's whopping 1,067.
According to the new legislation, a first time home buyer is defined as someone who has not owned a principle residence in the past three years. Those three years are counted up to the date you take possession of the house you buy in 2009. This means that even if you've owned a home in the past,...
Get to Know Your Market To know whether or not a particular investment will work for you, you must know your market. There are no shortcuts or exceptions to this rule. You must get out in the field and look at all types of properties. Looking does not commit you to buying and each time you look a...
Real Estate Investin Here is a great article on Tax Liens and Deeds!!Let me know what you think???Thanks,Alexandra ClearyTax Liens and Deeds:Should this investment strategy be part of your plan? By Jordan Taylor In most situations, tax liens are not good news for real estate investors; they can c...