What’s behind us – and what’s ahead of us in real estate
Real estate is a “big picture” industry. Many people make the mistake of examining real estate only over a brief period of time, when the true value comes from a study over a long period of time.
Conforming loan limits
Good news! The Federal Housing Finance Agency (FHFA) that regulates Fannie Mae, Freddie Mac, and the 12 Federal Home Loan Banks, announced that the maximum conforming loan limits will remain the same for 2010. Here is the link to the…
Home Buyer Tax Credit Passes!
The House has just voted overwhelmingly to pass the bill extending and expanding tax credits for prospective homebuyers (it was already passed by the Senate). President Obama is expected to sign the bill on Friday. Per NAR, the provisions of…
Absorption rate—an important number to know when selling real estate
When it comes to selling real estate, there is a very important number that needs your attention. That number is the market’s absorption rate, a powerful tool that tells you approximately how long it will take for your home to…
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