ARCHIVED BLOG POSTS
2010
The Case-Shiller Index posted awful numbers in its most recent reading. Each of the index's 20 tracked markets showed home price deterioration between September's and October's respective reports. Some markets fell as much as 2.9 percent. The drop in values is nothing about which to panic, howe...
12/31/2010
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With 2010 coming to a close, the "experts" are out in full force, making predictions for next year's housing and mortgage markets on business television and in the papers. Predictions for 2011 are wide-ranging: Some say home prices will rise in 2011 Some say home prices will fall in 2011 Some s...
12/29/2010
Like most housing data in November, the most recent New Home Sales report showed sales volume increasing last month, and home supplies falling. According to the U.S. Department of Commerce, sales of new, single-family homes increased to 290,000 in November on an annual basis, a figure equal to ...
12/28/2010
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Americans spend a lot of time cooking and eating in their kitchens. What are you doing to keep yours germ- and bacteria-free? In this two-part, 6-minute video from NBC's The Today Show, you'll first ride alongside a county health inspector as he visits a home and inspects its kitchen. The tes...
12/28/2010
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Existing Home Sales jumped another 6 percent in November, the report's third month of improvement since bottoming in July. According to the National Association of REALTORS®, a quarter-million more existing homes were sold during the annual period ending in November as compared to...... Read ...
12/23/2010
The number of single-family Housing Starts increased in November, adding 30,000 units as compared to October. The Census Bureau defines a "housing start" as a home on which construction has started. November's starts represents a 7 percent increase from the month prior. However, if you see the ...
12/22/2010
According to foreclosure-tracking firm RealtyTrac, the foreclosure filings fell 21 percent in November to 262,339 units nationwide. A foreclosure filing is defined as default notice, scheduled auction, or bank repossession. November marked the first time since February 2009 that the number of ...
12/21/2010
Over time, wooden furniture shows signs of age. Wear-and-tear from everyday use can lead to dings and scratches that are both distressing, and unsightly. But before you bring your piece to a specialist for repair, you can try the much-less-expensive, do-it-yourself route. In this 50-second vi...
12/20/2010
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While the basic Rule-of-Thumb for acceptable credit history is a minimum of four trade lines documented on a credit report, there are alternative methods of building a credit picture that an underwriter can use to make a decision for a loan approval. For potential home buyers with little or no cr...
12/19/2010
Home builder confidence is holding firm this month, according to the National Association of Home Builders. The group's monthly Housing Market Index survey posted 16 for December. That's the same value as from November. It's also equal to this 2010's average HMI reading. HMI is scored on a scal...
12/17/2010
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Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner
Chris Brown 407.367.2974