Tag Archives: homes in tri cities

Appraisals Helping the Housing Market

Posted on May 15, 2013 by Erin Johnston

More home sales are now going through because appraisers are putting higher values on the homes. The higher values are due to the rise of home prices as well as the shrinking inventories. From 2008-2010, many home sales fell through … Continue reading →

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FHA To Make Permanent Mortgage Insurance

Posted on May 3, 2013 by Erin Johnston

Next month, the Federal Housing Administration plans to build up it’s finances by requiring anyone receiving a FHA loan with less than 20% down to carry mortgage insurance for as long as they have the loan. Previously it was only … Continue reading →

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The Five Year Rule

Posted on May 1, 2013 by Erin Johnston

One thing you should always ask yourself before you purchase a home is how long you plan on living there. The answer to that depends on your geographic area as well as the neighborhood you intend to purchase in. The … Continue reading →

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15 Year Mortgage Rate Lowest Ever

Posted on April 26, 2013 by Erin Johnston

According to a weekly report from Freddie Mac, this week the mortgage rate for a 15 year fixed-rate mortgage hit an all-time low of 2.61%, down from 2.64%. This new low beat out the previous record of 2.63% recorded in November … Continue reading →

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Housing Starts Top 1 Million

Posted on April 24, 2013 by Erin Johnston

In March, for the first time since 2008, housing starts have reached 1 million. The start for new housing is up 7% from February and 47% from last year, with an annual rate of 1.04 million. This was a much … Continue reading →

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Now is the time to buy!!!

Posted on April 12, 2013 by Erin Johnston

Look at this approximately $ 200,000 house. Cost at today’s rate $ 1,250 a month. And you may deduct the interest and taxes from your taxes. How much are you paying in rent?

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Bathroom Remodels

Posted on April 10, 2013 by Erin Johnston

As we all know, any remodeling can get expensive and if you are gearing up toward a bathroom remodel but can’t afford gutting the entire room and starting from scratch, there are a lot of other options for a bathroom … Continue reading →

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New Homes versus Existing Homes

Posted on April 5, 2013 by Erin Johnston

If you are like most buyers out there, you are wavering back and forth on whether or not to purchase a brand new home or go with an existing home. There are pros and cons to both, so here is … Continue reading →

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Tax Credit Deadline Extended for Closings

Posted on July 1, 2010 by

Congress has passed a bill extending the Homebuyer Tax Credit closing deadlines until September 30,2 010. The extension applies to those transactions that had ratified contracts in place as of the tax credit deadline of April 30, 2010, which have … Continue reading →

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