by kramoltz@hotmail.com | Feb 23, 2015 | Mortgages + Lending
The residential real estate market and the mortgage industry received some good news this week. The Fed announced that it will purchase $600 Billion worth of mortgage-backed securities (mortgage bonds) backed by Fannie Mae, Freddie Mac, and Ginnie Mae. This should...
by kramoltz@hotmail.com | Feb 23, 2015 | Home Buying
Joel Naroff, a Philadelphia economist, was honored by Arizona State University in New York City on Thursday. An economist, he was honored for being one of the most accurate forecasters in the country. He gave his view on the housing market, its foreclosures and...
by kramoltz@hotmail.com | Feb 23, 2015 | Real Estate Facts & Figures
And you thought real estate sucked? According to an article in the Arizona Republic this weekend by Russ Wiles, stock values overall have gone nowhere since the late 1990s. This is a rare occurrence, and hasn’t happened since the stagflation days of the late 1960s...
by kramoltz@hotmail.com | Feb 10, 2015 | Home Buying, Selling Your Home
No home is perfect, so there may be items or components of a property that need repairs. That is why when buying a home, you should get an inspection and make any other investigations recommended by your agent. Use the information you have gained, request that...
by kramoltz@hotmail.com | Feb 10, 2015 | Selling Your Home
Unfortunately some of the homes currently on the market will never sell. This is because some sellers are overpricing their homes. This is nothing new, as some sellers will always over-price a home. Although over-priced sellers actually do want to sell their home,...
