National Housing Report for July from ReMax

ReMax President Dave Liniger

Just released – The RE/MAX National Housing Report for July 2010 reveals that closed transactions in July were 27.8% lower and prices 1.3% higher than during July 2009., according to data from 54 major metro areas. View the full report at http://bit.ly/RmxReportJuly Visit Charlene’s Website to search the Multiple Listing Service

3 Billion in help for Jobless Homeowners

New Funding for Jobless Homeowners

The Obama Administration announces 3 billion in new help for Jobless Homeowners today. Arizona, which was awarded $125.1 million in the first round of Hardest Hit funding to five states with high foreclosure rates, was the only one of those states to not receive additional funds. A Treasury Department spokesman said the latest round of [...]

Home Buyer University – Charlene’s Workshops

Charlene's Workshops

You will find a growing library of workshops that you may view completely free of charge which will provide valuable information that you will need as you prepare for your home purchase. There is nothing being sold here so view them all at your earliest convenience. Home Buyer’s University Charlene’s Information Network Check out the [...]

Cash buyers account for more than 25% of U.S. real estate deals

Cash buyers account for more than 25% of U.S. real estate deals

This may be a buyer’s market, but not all buyers are on equal footing in the homebuying process. Cash is still king, and those who have it are taking full advantage of the comparatively speedy and reliable closings they offer sellers. Cash buyers have made up at least a quarter of home purchasers since the [...]

Mortgage rates hit a record low – time to buy

Mortgage rates hit a record low last week on increasing worries of a second recession.  The average conforming 30-year fixed mortgage rate dropped to 4.75%. The last time mortgage rates were above 6% was in November 2008. At that time, the average rate was 6.33%, which meant a $200,000 loan would have carried a monthly [...]

Simply “ReMax”

ReMax Alliance Group

“RE/MAX International, Inc.” has shortened its name to “RE/MAX, LLC.” The company is known as simply RE/MAX. RE/MAX, with offices in more than 75 countries worldwide, recently transitioned from being an incorporated company to a limited-liability company. In the process, RE/MAX executives decided to shorten the name. “We’re a brand leader and people around the world know us [...]

Home Buyer Tax Credit Deadline Could Be Extended by Congress

Tax Credit Closing Date Extention??

Congress  extended the $8,000 tax credit for first-time home buyers and added a smaller $6,500 credit for current homeowners last fall. For now, buyers who signed contracts by April 30 have until June 30 to close on those sales in order to claim the tax credit. This may seem like it would be  easy to [...]

Home sales up for April – will it continue

Home sales increase in april

The National Association of Realtors  (NAR) reported a 7.6% increase, to a 5,77 million annual rate with an increase in price and supply. Will the home sales continue is the question. The tax credit for new home buyers clearly had an impact even though the buyers have until June 30, 2010 to close the deadline [...]

February Existing-Home Sales Ease with Mixed Conditions Around the Country

realtor

The AP-RE/MAX Monthly Housing Report for Feb. mirrored NAR’s report in Inventory & Prices, showing an 8.8 month supply of inventory & a marginal price decline of 0.48% (http://bit.ly/REMAX-AP) NAR credits this to unemployment & tight lending practices that may be overpowering the impact of the Homebuyer Tax Credit. What do you think? February Existing-Home [...]

National Association of Realtors (NAR) has launched new consumer web site

National Association of Realtors

National Association of Realtor’s has launched  a new consumer Web site, it offers everything home owners need to increase, maintain and protect the value of their home. The site provides free information and tools to help home owners with home improvements, maintenance projects, taxes, finances, insurance, and even community involvement. HouseLogic helps consumers make confident [...]