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Sales Are Up 29% From Last Month | Real Estate Market Condition Report May 2009
Buying opportunities abound for value-savvy home shoppers in select markets across the nation, where prices have fallen to 2003 levels. While home prices are still declining on a year over year basis, they are falling at the slowest rate in five months, which indicates a degree of stabilization compared to recent months.
Attractive prices, [...]
What You Need To Know About Mortgages in 2009
Business Week just put out a great article about mortgages in 2009. I’ll try to summarize it for you but it’s a great read.
For Purchasers:
Check with a loan person first, before your Realtor. There are several things going on right now at one time and you need to know what you are getting into.
Rates are [...]
Stop the Press! Fed By Mortgage Backed Securities = 5.5% Rate
The FED just announced that they are buying 600 Million worth of Mortgage Backed Securities. It’s bittersweet since it seems like a short term fix, but here’s the good news.
Rates are at 5.5% TODAY !
If you have a rate of 6.5% or higher, REFINANCE, NOW.
Call me at 770-374-4667 to discuss!