11/4/2011 8:22:00 AM
Is your home underwater? There are options out there for you.
Here is a great article from http://realestate.msn.com about options for a homeowner who is under water (by Susan Johnston from U.S. News and World Report ): Nearly 11 million homeowners are underwater — meaning they owe more on their mortgage than the ...
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10/18/2011 10:25:00 AM
Great tips to cut heating costs in cold weather.
Did you know that by sealing drafts in your home can save 3% to 18% on your heating bill? It can according to Danny Parker, a research scientist who works with the Department of Energy. In the Northeast region of the US, this can save a homeowner anywhere ...
Views: 64
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10/14/2011 3:10:00 PM
Wall Street Journal calls for a hard look at housing market.
Earlier in the week, The Wall Street Journal called for many U.S. decision makers to take a hard look at the housing market and find a way to to positively effect it. Ben Bernanke talked about the housing market about a week ago and urged Congress and the ...
Views: 62
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9/20/2011 1:18:00 PM
Holding rental properties now more profitable (and predictable) than flipping.
Thinking about buying and a home on the cheap and flipping it for big profits? That dream is all but dead as sales of homes to investors have dropped by more than half over the past five years, according to CNNMoney.com . Plus, the number of those investors ...
Views: 182
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9/16/2011 11:10:00 AM
Changes to FHA Mortgage Limits
The US Department of Housing and Urban Development has changes the maximum mortgage limits for FHA loans based on the median home sale price in our local market. The new limits for the Philadelphia Metro Area, effective October 2011, are as follows: Single ...
Views: 113
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9/12/2011 10:01:00 AM
So what are the possible short sale outcomes...?
Many people do not know that short sales stand a much better chance of approval as oppossed to a loan modification. However, there are a variation of outcomes that can occur. Mainly, the inconsistency involves how the lender deals with the deficiency. Here ...
Views: 135
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9/10/2011 7:23:00 AM
Right now, investors are cashing in on rental properties.
Most of the news about the housing market lately has been dismal. However, the one bright spot is being overlooked by many - the rental market. Rental demand is up and and rental rates are rising. Many foreclosures victims (estimated north of 4 million) are ...
Views: 92
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8/12/2011 2:44:00 PM
Strong Job Growth In July Trumped By Credit Downgrade
Here is a great blog post from my Coach, Carl Rizzuto: More Americans are getting back to work. The latest Non-Farm Payrolls survey from the Bureau of Labor Statistics shows that 117,000 net new jobs were created in July, thumping analyst estimates and surprising ...
Views: 144
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8/10/2011 7:45:00 AM
Economy, not debt rating and market turmoil, is chief driver in current housing market.
Everyone is very concerned about the debt rating downgrade right now. However, the economy is the main driver for current housing market conditions. Greg McBridge, senior financial analyst at Bankrate.com , says that "as long as the economy continues ...
Views: 113
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7/20/2011 1:46:00 PM
Tired of 90+ degree weather? Here are some tips for keeping your home cool in the heat.
Here are some great tips for keeping your home cool during the hot, humid days during the summer: 1. Reduce the cooling load by employing cost-effective conservation measures. Provide effective shade for east and west windows. When possible, delay heat-generating ...
Views: 123
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