January 2010
Need a New Dishwasher with that Foreclosure?
January 28, 2010 by Pat Williams · Leave a Comment
FANNIE MAE PRESS RELEASE: January 28, 2010 Fannie Mae Announces 3.5 Percent Seller Assistance on HomePath® Properties Incentive Part of Ongoing Effort to Stabilize Neighborhoods WASHINGTON, DC — Fannie Mae (FNM/NYSE) announced today that people purchasing a Fannie Mae-owned HomePath® property will receive up to 3.5 percent of the final sales price to be used [...]
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Existing Home Sales Report
January 27, 2010 by Pat Williams · Leave a Comment
Synopsis: Home sales fell in December 2009. This was expected after the deadline rush for the taking advantage of the first time homebuyer tax credit. Overall home sales for 2009 were up over the 2008 numbers. Median prices are up for single family homes and condos over 2008 but distressed homes continue to distort the [...]
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Affordable Home Improvements: Kick it at the Curb
January 20, 2010 by Pat Williams · Leave a Comment
This home improvement is undeniable in every market. The better your home looks when the buyers pull up, the more favorable their opinion will be when they walk through the door. Leave your house and walk across the street. Now look back at your house with fresh eyes. What do you see? Consider the following: [...]
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Handyman Specials Poised to Come Back in Vogue
January 13, 2010 by Pat Williams · Leave a Comment
I was showing houses this weekend to a buyer and he asked, “Is there a category where you can search fixer uppers?” It’s been a while since I’ve heard that term used. When buyers ask for foreclosures or to look at short sales, if they’re not investors, they’re typically looking for a great deal with [...]
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Pending Home Sales Down from Surge but Higher than a Year Ago
January 8, 2010 by Pat Williams · Leave a Comment
Washington, January 05, 2010 Contract activity for pending home sales fell after a surge of activity in preceding months to beat the original deadline for the first-time home buyer tax credit but remains comfortably above a year ago, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on [...]
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Affordable Home Improvements for this Real Estate Market
January 6, 2010 by Pat Williams · Leave a Comment
In our current real estate market, it doesn’t seem to make sense to sink money into a house that has lost value in recent years. Consider this, if your goal is to sell the home you need to make it appealing to buyers. There are two distinct groups of buyers right now: Those looking for [...]
