First time home buyers
What’s New In the Distressed Property Market?
The distressed property market continues to be a big part of our real estate market, and there is a lot going on as of late. Here are some of the highlights: First time homebuyers getting tired of short sales: A survey conducted by Campbell/Inside Mortgage Finance revealed that first time buyers have had enough with…
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The Best Real Estate Sites & Apps for Buyers
Being a home buyer these days sure is easier. For starters, there is so much information at your fingertips that once was available only to real estate agents. I think this is great, as it allows those who wish the ability to do some research on their own and feel more comfortable going into the…
Read MoreSustainability and Real Estate
Today is my parents’ 50th anniversary – an amazing milestone to reach in this day and age – and it got me thinking about sustainability. In our world of bigger, better, faster, oftentimes a new widget is replaced so quickly that you barely had time to enjoy the now “old” version you just purchased a…
Read MoreDon’t Have a Big Downpayment? A Loan May Still Be Possible
These days it is more difficult than ever before to qualify for a loan. Lenders have such a tight grip on their money that they practically require you to sign over your firstborn to release it. Many buyers find themselves in tricky situations – first time buyers who might not have enough cash or credit…
Read MoreAre You Ready to Find a Home?
Have you been considering buying a home, maybe for the first time, maybe to move up or down? Have you been waiting for the market to hit bottom, for prices to fall, for loan rates to get lower? Guess what? It is that time. Yes, I am a Realtor, and my telling you this may…
Read MoreHow Will Loan Limit Changes Affect the Housing Market?
It’s one of the questions of the moment, and one that many real estate agents and mortgage brokers fear most at this time: what will happen to the housing market once the conforming loan limits drop at the end of September? How will buyers and sellers be affected, if at all? Let’s start at the…
Read MoreJuly Real Estate News
Home Prices Show Slight Increase Heading into Summer. San Diego home prices rose slightly in April over compared to March, 0.4%, ending a four-month price dip across the county. Â Prices were still lower than they were the same time a year ago, and analysts claim the rise is due to the start of the spring/summer…
Read MoreWhat Can Homebuyers Learn from Investors?
I read a post today on the things today’s buyers are looking for in purchasing a home. The list included upgrades, an open kitchen, green features, phenomenal price, incentives offered, etc. All the things on the list were things I too would love in a new home. But the problem is that some buyers are…
Read MoreA Double-Dip, with Chocolate Please
It’s official: we are headed toward a double-dip in the housing market; some areas are there already. The second dip is not as bitter as the first, in fact it may tend to be sweet for many, so rather than feel terrified like we did the first time, this is the time to take a…
Read MoreFannie Mae Will Pay Buyer Closing Costs
Fannie Mae just announced that it will help buyers purchase REO (lender owned) properties by providing up to 3.5% in closing costs through the HomePath program. In order to qualify buyers must submit their initial offer on or before April 11, 2011, with a mandatory closing date before June 30, 2011. The main restriction for…
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