by kramoltz@hotmail.com | Apr 5, 2016 | Mortgages + Lending
Bank of America announced a loan program through Freddie Mac and Fannie Mae to help low and moderate income borrowers. B of A is backing loans with down payments as little as 3%, as long as borrowers have a credit score of at least 660. The maximum available loan...
by kramoltz@hotmail.com | Mar 30, 2016 | Animal Stories (mostly Dogs in the Military), Selling Your Home
In the past week I received a form letter and postcard from two different outfits saying they want to buy my home. The good news is that these type of solicitations indicate that values have risen sufficiently to justify entry into our market by “vultures”. Vultures...
by kramoltz@hotmail.com | Mar 25, 2016 | Arizona and Its Amenities, Real Estate Facts & Figures
The Washington Post reports that Arizona was among the big winners for net migration. The latest figures from the Census Bureau show the state gained about 45,000 residents from other states. Arizona ranked fourth highest in the nation in net migration last...
by kramoltz@hotmail.com | Mar 22, 2016 | Canada and Canadians, Global Buyers + Foreign Investment
Trailing Japanese buyers, in 2014 Canadian buyers became the 2nd largest foreign investors in Hawaiian real estate — investing some $165 million in Hawaiian properties. It remains to be seen whether the dramatic drop in the value of Canadian currency is likely...
by kramoltz@hotmail.com | Mar 18, 2016 | Home Buying, Real Estate Facts & Figures
The metro Phoenix new home market is recovering, with Catherine Reagor reporting that permits in January were up 57% over that same month last year. In addition, in Mesa the master planned community of Eastmark ranked number one for the biggest increase in sales...
