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On November 6, 2009, President Obama signed a bill into law that immediately extended the popular tax credit program offering up to $8,000 for qualified first-time homebuyers (FTHBs) into the first half of 2010.The bill also instantly expan...
This is what makes Houston a great place to live!.Watch the following you tube video and see for yourself...http://www.youtube.com/watch?v=0GlInf4LX0c...
Freddie Mac just released the results from the Primary Mortgage Market Survey for the week ending November 19, 2009. The 15-year Fixed Rate Mortgage this week averaged 4.32, down from 4.36 last week and 5.73 a year ago. "Interes...
November 10th, 2009
Houston Single-Family Home Sales Improve 81% Since June
The 2009-2010 IRS Tax Credit for home buyers was extended and expanded in November. The new expiration date is April 30, 2010 and the tax credit&nbs...
What home price classes are the hottest selling in Houston right now? The following table indicates by price class the hottest selling price ranges in Houston in 2009:
Top Ten Selling Price Classes
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Foreclosure crisis probably will persist next year
By ALAN ZIBEL Associated Press
Nov. 19, 2009, 8:26PM
WASHINGTON — The foreclosure crisis likely will persist well into next year as high unemployment pushes more people ...
Home sales up for second straight month
By NANCY SARNOFF Copyright 2009 Houston Chronicle
Nov. 19, 2009, 8:19PM
For the second month in a row, Houston saw a jump in year-over-year housing sales....
As we draw closer to the new year, effective January 1, 2010, you will hear more talk about the new GFE, Good Faith Estimate (the statement documenting the proposed costs at closing) and the HUD-1 Settlement Statement (the ...
Real estate investors are moving back into the market, according to a new survey from Move.com.According to the Move.com survey, 12.1 percent of home buyers today plan to buy a home as an investment property, compared to 5.6 percent in Marc...
Executives from some of the largest brokerages in the country expect to see their sales grow 6-8 percent in 2010 and home prices to start heading up about 3 percent.J. Lennox Scott, chairman and CEO of John L. Scott Real Estate, recen...
Mortgage applications declined 2.5 percent last week on a seasonally adjusted basis compared to the previous week. On an unadjusted basis, they were down 3.3 percent, according to the weekly survey by the Mortgage Bankers Association.Most o...