Posts tagged as:
new homebuyer
Enormous amount of unsold Homes = Falling Prices!
Home sales rise in the spring as buyers rushed to take advantage of tax credits worth as much as $8,000. To qualify, buyers had to sign purchase contracts by April 30.
Newly signed contracts plunged by 30% in May from the previous month, when the tax credit expired.
Sales fell in most parts of the country in [...]
{ 0 comments }
HOUSING MARKET CONTINUES TO TAKE A PLUNGE. WHY IT’S THE BEST TIME TO BUY A HOME!
“Depressed home prices were originally thought to be a 3 to 5 year problem. Unfortunately for many owners, builders, investors, and speculators, it’s beginning to look like a 25-year problem.”
The housing market, whose collapse pulled the economy into recession in late 2007, is stalling again! In major markets across the country, home sales are deteriorating, [...]
{ 1 comment }
New FHA Guidelines
FHA Announces Policy Changes to Address Risk and Strengthen Finances
New Measures Will Help FHA Better Manage Risk, While Maintaining Support for the Housing Market and Access for Underserved Communities
WASHINGTON – Federal Housing Administration (FHA) Commissioner David Stevens today announced a set of policy changes to strengthen the FHA’s capital reserves, while enabling the agency [...]
{ 0 comments }
