by admin
September 15, 2009
Real Estate Market Update
HOW HAS THE CREDIT AFFECTED THE MARKET
The national association of Realtors has reported the rate of home sales for 2009 is 5.24 million. NAR says, the $8,000 First Time Home Buyer Tax Credit has brought 1.2 million buyers into this market. Of that 350,000 would have bought without the credit, therefore the credit has created …
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by admin
July 23, 2009
Real Estate Market Update
I just got this update from NAR about new regulations for lenders. This new law will force lenders to send out good faith disclosures after taking a loan application. It will add a lot of work to the lenders, but the buyer needs to know what they are getting into. I run into buyers all …
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