Catapulted by a series of failures in mortgage financing, never before in modern times has the U.S. been in such serious economic peril. Unprecedented times call for unprecedented action. The nations economy has been deflated by the real estate market, much of which has been in recession for more than a year, suffering double digit… Continue reading Emergency Action by the Federal Reserve is Needed
Category: Housing Market
Mortgage Plan Assures Recession
The White House mortgage rescue plan to aid subprime borrowers sets in motion a series of events that could send the U.S. economy reeling into a deep recession, perhaps even worse should the government not require lenders to freeze interest rates for many borrowers, according to a Housing Predictor review. More than 2-million subprime mortgages… Continue reading Mortgage Plan Assures Recession
What to do When Facing Foreclosure
By Christine Hardenberger Crippled by the credit crunch and falling property values, millions of homeowners are facing the possibility of foreclosure. The delinquency rate is the highest it has been since at least 1985 when the Mortgage Bankers Association started monitoring the market place. Its a dreadful situation for many people, who have no idea… Continue reading What to do When Facing Foreclosure
Realtor vs Real Estate Agent: Distinguishing the Roles and Helping You Choose the Proper Service
Not everyone knows the difference between a realtor vs real estate agent because the terms are often used interchangeably. However, not every realtor is a real estate agent and not every real estate agent is a realtor. Realtors and real estate agents have different qualifications and provide different services. Keep reading to distinguish the roles… Continue reading Realtor vs Real Estate Agent: Distinguishing the Roles and Helping You Choose the Proper Service
2019 Massachusetts Housing Market And Real Estate Predictions
When you think of Massachusetts, what comes to mind? You may think of American history, crab and lobster fishing, or the Massachusetts Institute of Technology. Massachusetts is also a state with a booming housing market. Massachusetts, known officially as the Commonwealth of Massachusetts and unofficially as The Bay State, The Pilgrim State, The Puritan State,… Continue reading 2019 Massachusetts Housing Market And Real Estate Predictions
How Long Does It Take to Sell a House? Hand Over Within This Range
Image via Pixabay Image via Flaticon It’s time to sell. You’ve made your own mental preparation, listed the property, and found the right agent. But now what? How long does it take to sell a house that you’re confident should go without a problem? The answers may surprise you, and they’re dependent on a number… Continue reading How Long Does It Take to Sell a House? Hand Over Within This Range
Minnesota Housing Market Predictions 2019: Find Your Dream Home
Are you looking to invest in the Minnesota housing market? This beautiful state is booming with potential. There are plenty of cities that offer affordability, safe neighborhoods, and rising home values at moderate costs. But before we dive in to the Minnesota housing market, let’s learn a little bit about the state. Minnesota State Facts… Continue reading Minnesota Housing Market Predictions 2019: Find Your Dream Home
2019 Utah Housing Market and Real Estate Predictions
States in the West are expecting some of the strongest 2019 Housing Market activity in the country. The Utah housing market is near the head of the pack. The government-backed mortgage loan company Freddie Mack has named Northern Utah one of the top housing markets in their year-end Multi-indicator Market Index. “Housing markets such as… Continue reading 2019 Utah Housing Market and Real Estate Predictions
When Is The Best Time To Sell A House? Aim For This Particular Time Of Year
Selling a house can be daunting. Following the 2007 housing bubble, a major factor in the 2008 financial crisis, it is understandable that homeowners think carefully about when they should put their house on the market. So, when is the best time to sell a house? When Is the Best Time to Sell a House?… Continue reading When Is The Best Time To Sell A House? Aim For This Particular Time Of Year
Are Closing Costs Tax Deductible? What You Need to Know Before Filing With the IRS
Tax deductions are vital to many homeowners’ budgets. Understanding the tax code and how it applies to your housing situation allows you to save thousands of dollars, which can be used to pay down the mortgage or fund home repairs and renovations. Many new homeowners ask: Are closing costs tax deductible? This is an important question,… Continue reading Are Closing Costs Tax Deductible? What You Need to Know Before Filing With the IRS