According to the Washington Post this morning, the Treasury Department is considering intervening into the mortgage market. This intervention would dramatically force down interest rates. They are actually talking about driving rates down to an interest rate of no more than 4.5%. The National Association of Realtors feels this would definitly boost the housing market. [...]
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Positive Action for Mortgage Rates
By Matt Fagioli on December 4, 2008 in Buford, Chateau Elan, Dacula, Duluth, Financing, Gwinnett, Hamilton Mill, Hoschton, Lawrenceville, Lilburn, Norcross, Real Estate Business, Snellville, Sugar Hill
5 Reasons NOT to Hire Me to Help You Sell Your Home
As recently as yesterday my Partner, Matt Fagioli and I were meeting with a prospective client and the discussion headed in a very familiar direction. This client wanted to tell us how to market the property, what price was reasonable and what we should be able to sell the home for. While I appreciate and [...]
UPDATE: Pending Home Sales Up, Way Up
What are we to do now? Another month of relatively good news in the housing market is welcome news to those of us in the real estate industry and should be welcome news to everyone who owns a home. Funny, again this information was buried on page two of an online internet news site. Why [...]
I want this guy with me in Vegas
This story was forwarded to me by a good friend and after I read it I was getting ready to call him and see if he wanted to come with me to Vegas. Interesting this article was written in 1999 and predicts what will happen if the country went into an economic downturn. Mortgage Crisis [...]
Existing Home Contracts Rise in June 2008
Home sales contracts signed in June unexpectedly rose across the country, but still were well below year-earlier levels, the National Association of Realtors said Thursday. The trade group for Realtors said its Pending Home Sales Index, based on contracts signed in June, was up 5.3% to 89.0 from a downwardly revised 84.5 in May. It [...]