Home Buyer Activity Up In Humboldt
New contracts for homes are up in January 2011 over January 2010. This comes with no buyer incentive in place currently compared to a tax credit in place same time last year. The activity is credited to home buyers understanding the market conditions are the best now and may not last long. "Low interest rates, low home prices and positive signs in the stock market all add up to reasons to buy now," says Larry Doss, Broker and President of Ming Tree, Realtors....
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Monday, 7 March 2011
Lender Rule Changes
The April 1st deadline is fast approaching for mortgage changes being passed down to us from the government. Some anticipated changes are increases in down payments, increases in fees, appraisal changes and more. The net result although not certain is going to be an increase in red tape. This undoubtedly will changes for our own good yet lacking the true good we as consumers are looking for in this post banking melt down world.
Bottom line is buy before the changes occur and for sellers, do what you can to sell prior to the changes. The opportunity for buyers and sellers to help e...
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