According to the U.S. Census Bureau, the pace of new home sales rose in January, exceeding forecasts and revised the December stats to reflect a higher rate of home sales, all of which is good news for a suffering new home construction sector. This growth is in line with recent reports of builder confidence levels […]
Gulf Shores Short Sales: 3 Reasons They Benefit Homeowners
The thought of losing your Gulf Shores home may seem nauseating, but sometimes a short sale makes a lot of sense. While your financial life will surely be affected, the recovery of that financial standing could be somewhat easier, depending on your situation. Your lender may be willing to accept a short sale rather than proceeding […]
Staging Your Home for Appraisal
You’ve had your home for sale for some time and finally got an offer you accepted. But wait, it’s not time to celebrate yet. What if the home doesn’t appraise for what the buyer offered? Almost every day a sale falls through because of low appraisals. What’s even worse, the house goes back on the […]
Settlement Reached Over Foreclosure Abuse
A landmark $25 billion settlement with the nation’s top mortgage lenders was hailed by government officials as long-overdue relief for victims of foreclosure abuses. But consumer advocates countered that far too few people will benefit… Know anyone who may actually benefit from this settlement? We’d love to hear about it. Just use the comment link […]
Documents Show How Fed Missed Housing Bust
Ben Bernanke presided over his first meeting as Federal Reserve chairman in March 2006 believing the nation’s economy could pull off a “soft landing” from falling home prices… Questions or comments? Click the comment link below and sound off. We’d love to hear from you.
Things First Time Gulf Shores Home Buyers Overlook
Gulf Shores home buyers, whether first time or not, face many challenges before closing on the home of their dreams. Getting a mortgage can be a challenge in and of itself these days. Then you need to find the right real estate agent to assist you, looking at perhaps dozens and dozens of homes looking […]
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