Archive for June, 2013

Inventory Randall Park Highly Desirable Lake Nona FL.

Monday, June 17th, 2013

  Randall Park                                                 Inventory  

efficiency improvements could be factored into mortgage underwriting

Monday, June 17th, 2013

A bill aimed at encouraging home energy efficiency improvements by establishing underwriting guidelines for mortgage lenders that factor in cost savings for homeowners has been introduced — again — in the Senate. S. 1106, the Sensible Accounting to Value Energy Act of 2013, is sponsored by Sens. Michael Bennet, D-Colo., and Johnny Isakson, R-Ga. The…Read More »

Rates fall on prospect of US intervention in Syria

Sunday, June 16th, 2013

In the last 24 hours long-term rates have pulled back from the brink of panic. The first leg down came as thinking replaced short-selling: The Fed does not want to abort the mini-maybe-recovery under way. The second leg came overnight with safety buying after the U.S. announced it will intervene in Syria. Somebody today with…Read More »

Demand for architects recovers along with housing market

Saturday, June 15th, 2013

Apparently feeding on a stream of new buyers, architects are reporting that business is better than it’s been in eight years, with demand for their services in designing move-up homes, custom or luxury homes, and starter homes sharply increasing in the first quarter of 2013, the American Institute of Architects’ first-quarter 2013 Home Design Trends Survey suggests. The…Read More »

Confidence in housing market spikes

Friday, June 14th, 2013

In May, Americans got a lot more optimistic about the housing market. Both the share of Americans who believe now is a good time to sell and the share of Americans who think now is a good time to buy rose sharply from April to May, with widespread reports of rising home prices, according to…Read More »

High-interest loans re-emerge

Thursday, June 13th, 2013

Loans to borrowers with less-than-stellar credit that are not sponsored by government entities could be trickling back into the market, with the CEO of a nonbank in California saying that he “absolutely” expects to securitize nonprime mortgages within the next 12 months, Inside Mortgage Finance reported. In June, Irvine, Calif.-based Citadel Loan Servicing Corp. expects…Read More »

Economists temper housing bubble worries

Wednesday, June 12th, 2013

ATLANTA — Although home prices are likely to continue to rise in the next few years, the national market is not in danger of a bubble, according to prominent economists. “Four of the next five years are likely to be improving years in the housing market. I don’t say five because there’s always the possibility…Read More »

Uninsured losses on property theft and fraud are tax deductible

Monday, June 10th, 2013

Fraud by building contractors is a distressingly common occurrence. How’s this for a nightmare scenario: You agree to pay a contractor $400,000 to tear down part of your house and put in an addition. While the work is going on, you, your spouse, and five children stay with the wife’s parents. The contractor tells you…Read More »

Global luxury real estate market showing ‘strong momentum’

Sunday, June 9th, 2013

The international luxury real estate market remains relatively immune to the economic and political trends that drive the general housing market and is off to strong start in 2013, according to a report from high-end real estate affiliate network Christie’s International Real Estate. The report compared 10  top property markets around the world: London, New…Read More »

Mortgage Moment – June 2013

Saturday, June 8th, 2013

Mortgage rates are up ½% in the last few weeks in anticipation the Federal Reserve will slow it’s current stimulus program which is designed to keep interest rates low.  Despite reassurances by the Fed that their current policy hasn’t changed, it appears the market is anticipating a change in the near future and has priced…Read More »