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First Quarter Housing Market Report

Encouraged by record low levels in interest rates and continued decline in home prices, motivated home buyers helped the statewide sales improved for the fifth consecutive quarter since bottoming out in the fourth quarter of 2007. Sales of...

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Housing Stimulus Laws for 2009

AMERICAN RECOVERY AND REINVESTMENT ACT The major housing stimulus provisions of the Recovery Act are, among other things, the first-time homebuyer tax credit and the increase in FHA, Fannie Mae, and Freddie Mac loan limits. Although the pr...

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Pricing is the Key to a Quicker Home Sale

What makes one home sale go quickly while other homes linger on the market for months? The answer is usually price. Determining a home’s worth is a tough question these days. For many, it is difficult to reconcile what their home is wort...

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How to Buy Foreclosure Property

Learning how to buy foreclosure property can be a very educational experience. You do not have to be an experienced investor in order to do this. No indeed, even first time home buyers are looking to the foreclosure market for their housin...

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What is Environmentally Friendly Real Estate?

We are hearing this expression a lot more these days “Green”. The federal government does not have a specific definition for “environmentally- friendly”, so we have to rely on organizations that will set standards to qualify a produ...

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CONFORMING LOAN LIMIT FOR U.S.

CONFORMING LOAN LIMIT FOR U.S. TO REMAIN AT $417,000 IN 2009 The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit will remain $417,000 for 2009 for most areas in the U.S. but specified higher limits in certai...

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