Archive for June 2010
Tax Credit Extension Denied
If you have not already heard, the HOME BUYER TAX CREDIT EXTENSION CLOSING DATE WAS NOT GRANTED THROUGH THE HOUSE, TO GET THE TAX CREDIT, YOU MUST CLOSE BY THE 30TH OF JUNE 2010. Just wanted to let everyone know since I mentioned last week that the Senate passed it, but since then, the House…
Read MoreWeekly Mortgage Update
In a slow week for economic news, ‘worry’ is still with us as new and existing home sales numbers came in lower than expected. While this scared some, it is the inevitable aftermath of the home buyer stimulus and this effect will be with us through June. On a positive note, core durable goods orders…
Read MoreChic, Cheap Bedroom Ideas
You want your space to be comfortable and have a little bit of personality. Here are a couple tips from cosmo life that can help you do this the cheap way. Make It Smell Great- This is an obvious one but candles are so perfect for creating a relaxing atmosphere. Lots of candles now come…
Read MoreOklahoma real estate sales and more
Oklahoma real estate is still GOOD. Living and working in Edmond daily confirms that we should not worry. Overall, compared to last year all sales are up and as a Realtor it is looking pretty smooth. Pricing trends for the South for a median existing single-family home was $148,200 in the first quarter, up 1.1…
Read MoreWeekly Mortgage Update
This past week we saw inflation still in hibernation mode as the producer price index and the consumer price index both came in lower than last month. But don’t be fooled, our economy is moving forward, albeit slowly. Year over year inflation as measured by the consumer price index is 2% above last year with…
Read MoreGreat New Listing in SE Edmond!
705 Smiling Hill Blvd Edmond, Ok 73013 Listed for $178,777. 4 bed, 2 bath, 1 living, 2 dining, and 2309 sqft/mol. Large kitchen with lots of cabinet space and walk in pantry. Perfect living room with fireplace and built in bookshelves open to formal dining. Huge fenced in backyard with covered patio, landscaping and a storage…
Read MoreTax credit for existing contracts extended
I got an email this morning from Ted Clay with WR Starkey mortgage letting me know the tax credit for existing contracts suppose to close on or before June 30 has been extended until September 30,2010. See below for more information. This is exciting for those who were pressed for time. I know others just…
Read MoreWeekly Mortgage Update
Coming off of last Friday’s employment numbers, investor fears kept rates low early in the week. But that fear lessened a bit mid-week, money flowed back into stocks and out of bonds, and this caused rates to tick up a bit. I know I’ve said it before, but for those who are new, as money…
Read MoreWeekly Mortgage Update
We continue to slog through this economic ‘slow down’ and many might ask the question, “Why is it taking so long?” Nerves. As Europe continues to unravel, no one really knows what impact it will have on the US. This week Spain was downgraded, Hungary announced that they were in trouble, and the Greek woes…
Read MoreIs a distressed property the right deal for you?
With the first-time home buyer tax credit deadline having come and gone, you may be asking yourself, “What now?” Fortunately, the door is now open to a new wave of savings: distressed properties. For many buyers, the term foreclosure brings up images of run-down homes with no heat and rotting wood. While this is still…
Read More