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Loan Demand Increases, Despite Rising Rates

Mortgage Loan

Mortgage applications were on the rise last week even as interest rates continued to climb upward, the Mortgage Bankers Association reports in its weekly mortgage application survey. Loan requests for home purchases, viewed as a leading indicator of future home sales, climbed 2.2 percent in the week ending Feb. 1. Refinancing applications increased 3.5 percent. Overall, the MBA index, which includes both loans for purchase and refinancing, ticked up 3.4 percent during the week. Meanwhile, mortgage rates continued to fall slightly off all-time lows set in previous weeks. The 30-year […]

Featured Mesa Gay Realtor: Jason Powell, HomeSmart

Buying a Home

Hi I’m Jason and I’m excited to help you with all of your Real Estate needs. I’m a no-pressure full-service professional in all that I do as a Realtor. I’ll go the extra mile to earn your business and as all my past clients will tell you, I’ll earn it for a lifetime. 100% Customer Satisfaction is my creed and I back that up with action. Finally I’ll leave you with my tag line which I tell every contact or client… Call me anytime! My business is mostly by referrals […]

Featured Birmingham Gay Realtor: Carl Davis, Re/Max Advantage

Buying a Home

Full time devoted Realtor with over 9 years of Real Estate experience and 15 years of sales experience!Carl is a native of Birmingham, Alabama, therefore very knowledgeable of all areas. Carl sells Real Estate in all areas Birmingham and surrounding cites and counties. He represents both buyers and sellers in all price ranges. When you are buying or selling property in today’s real estate market it’s important to have confidence in your real estate professional. Carl’s commitment as your local REALTOR is to provide you with the specialized real estate […]

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Underwater Home Owners Get More Refinancing Help

Buying a Home

Mortgage giants Fannie Mae and Freddie Mac announced that mortgage lenders will be able to offer up to $2,000 to home owners with little or no equity in their homes who are seeking to refinance their mortgage under the government’s Home Affordable Refinance Program. The lender incentives may be offered to pay down mortgage balances, closing costs, or other expenses usually required of borrowers who are refinancing using the HARP program. The changes may encourage more underwater home owners to refinance — particularly those who had been reluctant to pay […]

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Competition Heats Up for Limited Listings

Other

With inventories of for-sale homes lower, real estate professionals are finding greater competition against their peers to score listings. How can you attract more listings in a low-inventory market? Tricia Andressen, the CEO and founder of Pro Step Marketing and owner of RealtyBiz.Coach.com, offered some of the following tips in a recent RISMedia article: Show off neighborhoods, not just listings: Have your Web site feature neighborhoods to attract more sellers to it. (See Real Estate Agents Rebrand Themselves) Add calls to action: Any marketing information that you send out make […]

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NY Weighs Giving Sandy Victims Full Value for Destroyed Homes

Other

Months after Superstorm Sandy’s widespread destruction along the East Coast, home owners are still grappling with what to do with their damaged homes and state officials are weighing several options in how to help. New York Gov. Andrew Cuomo proposed Monday allocating $51 billion of the state’s disaster relief package for a buyout program. If approved, the program would offer home owners full market value for their homes that were destroyed during Sandy. The eligible homes would have to be in the 100-year flood plain and had been substantially damaged […]

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One-Third of Owners Pay 30% or More for Housing; Tweet Don’t-Miss Tax-Breaks

Other

U.S. Census data shows that 37 percent of home owners with mortgages spend more than 30 percent of their income on housing. One smart way for home owners to lighten their housing load is to ensure they’re taking every home tax break for which they’re eligible. Make sure they do that by tweeting a free article, “Don’t-Miss Home Tax Breaks,” from the REALTOR® Content Resource. It’s just one of five free articles now available in the February “Give Me a (Tax) Break!” article package. You can also add to your […]

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How Real Estate May Save an Ailing Job Market

Other

The overall economic recovery is betting big on real estate’s continued progress. After all, a stronger real estate market can lead to a stronger job market. Strength in the real estate sector tends to lead to increased hiring in various housing-related industries, from carpenters and landscapers to real estate agents, loan processors, appliance manufacturers, furniture makers, and more. When it comes to job creation, “the most promising news is related to the housing market,” says John Challenger, CEO of employment consulting firm Challenger, Gray & Christmas. The construction sector for […]

Featured Kingston Gay Realtor: Tim Hurley, Coldwell Banker Village Green Realty

Buying a Home

Moving to the Hudson Valley in 1992, I wasn’t sure if this weekend getaway was a place I could live and call “home”. It took no time before I was at home with all the great amenities this area had to offer. I was most impressed with the outlook and diversity of the local community, and I made a lot of great friends right away! After living here for ten years, the search for my “dream home” began. I travel a lot and when I come home, I always realize […]

Featured Palm Springs Gay Realtor: Jeff Palmer, Windermere

Buying a Home

Let a Coachella Valley Native Show You the Desert I was born here in Coachella Valley and stayed until college. I know the cities and neighborhoods very well. My partner of 25 years – Joe and I moved back here 11 years ago to flip houses which we still do. I am also a fine art photographer of the male nude. I have 3 books out and do a yearly calendar and have won international awards. Joe and I initially got into that to create the AIDS Benefit Calendar during […]

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