Will new U.S. Treasury guidlines lift dark cloud over short sales and help spur our current housing market?
Posts Tagged as ‘real estate’
August 1, 2009
First-Time Homebuyer Program
Did you know that the city of Miami offers a program to aid first time home buyers purchase the home of their choice? With prices at a low not seen in years here in Miami; now is the time to act for qualified first time home buyers. The City’s First Time Homebuyer program provides zero [...]
June 16, 2009
Real Estate Investing back to basics Part 1
Think back to just a few years ago when the real estate market was booming, and talk at most watering holes centered around someones real estate investment and how much money they made on their venture. Waiters, homemakers, doctors, and lawyers were all jumping on the investing wagon. Today unfortunately many of those same “investors” [...]
June 10, 2009
How Did We Get Here…
2001-2005; United States housing bubble 2001: US Federal Reserve lowers Federal funds rate 11 times, from 6.5% to 1/75% 2002-2003: Mortgage denial rate of 14% for conventional home purchase loans is half of 1997 – as quoted from the Federal financial Institutions Examination Council or FFIEC 2002: Annual home price appreciation of 10% or more [...]
June 9, 2009
Timing the market
make sure you understand everything before you make a move. Be honest about your purpose for wanting to buy, realize that unless you are an experienced investor that has been through several market cycles you should not jump in head first but approach with caution keeping your eyes and ears open
