Archive for January, 2009

While we’re all waiting to see what kind of change, if any, President Barack Obama and his administration will bring to the economy in general, those of us that are closely tied to real estate and the housing market are especially curious about what is in our immediate future. Without going too far out on [...]

Good news (kind of) for homeowners in Baltimore and other small “pockets” in the vicinity, i.e. - home values are “rising” faster in the city than anywhere else in Maryland, likely the result of the plethora of affordable homes offered in the Baltimore real estate market.
The bad news is that this “good news” is confirmed [...]

Stated income mortgages, sometimes referred to “liar loans” because they do not require that the borrower provide proof of income (in the form of two years’ tax documents), are coming back to haunt some homeowners who are now having trouble and wish to modify their mortgages.
According to a recent Wall Street Journal Article, the Hope [...]

Everything to do with mortgage loans is a hot topic these days. From the three consecutive weeks of lower rates for the 30-year fixed rate mortgage, to the collapse of mortgage companies and the federal stewardship of formerly quasi-public companies Freddie Mac and Fannie Mae, mortgages have gotten almost as much play in the media [...]

Forgive me for being a bit late to post on this topic, but given that the news was announced on New Year’s Eve and I, like most of the western world, was celebrating the coming of 2009 (or, more to the point, a good riddance to 2008), perhaps my tardiness is understandable.
The long and short [...]

At the risk of sounding like a broken record or, to put it into more modern parlance, a scratched CD (or a corrupt MP3 file?), I’m quite please to note that 30-year mortgage rates have again fallen, hitting another low last week of 5.1%. This comes after noting a decrease in mortgage rates 2 weeks [...]

It’s 2009, so I say it’s time for nothing but good news. Well, I won’t actually hesitate to talk about the bad things that are happening in the real estate and credit markets (and there is going to be a lot more bad news). I will, however, always make sure to see the glass as [...]

I love it when writers for national and local newspapers and magazines back me up. I’ve been preaching (more like screaming at a brick wall) in this space that it’s a great time to buy a home. Not only is this good for me as an agent and a homeowner with my own house on [...]