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Are You Afraid to Buy a Home NOW?

With all the negative reports in the media about the housing slowdown, it is small wonder that you would be afraid. Despite some of the mortgage options not being available (you did not want them anyway), now is the RIGHT time to buy! Let me point out

Nehemiah FHA Loan Still Available!

On October 1, 2007, HUD prohibited the source of down payment assistance that consisted of funds provided by the seller, or any other person or entity who financially benefits from the transaction. The funds also could no longer be from any third party

Good News is Bad News in Mortgage Industry

More on yesterday's post... Sure enough, 'good' new is 'bad' news for mortgage interest rates. Today, we hear that 110,000 new jobs were created in August, as well as 118,000 new jobs in June and July. Today, the mortgage interest

What are the 'Real Estate Experts' Thinking?... Not to Mention, the Government!

Only 15% of the subprime loans became foreclosures, but we got rid of ALL subprime loans. They also got rid of 80/20 loans, which can be good. This, I feel, is one of those things that can and does hurt lenders. If no one is investing in the home, and

Atlanta Housing Report: The Current Cycle

Well, here we are in the middle of 2007, with an excess of homes on the market and fewer buyers who can qualify for them due to the interest rates being higher than the last time they looked at buying a house and the lenders tightening up their lending

Moving UP to a Larger Home? Gwinnett Market Conditions YOU Need to Know!

With the market being somewhat depressed in Gwinnett, and the Atlanta Metro area in general, you need to know what to do in a depressed market. Since there is currently a large inventory of homes, it seems like there are not enough buyers to go around.

How is the Home Market Conditions in Duluth, GA?

There are 442 homes on the market as of today, May 7th. These homes range in price from $109,900 to $6,999,900. There are 89 homes over $1 million! There are 164 homes are in the $300,000 to $599,999, with 189 under $300,000. No homes have closed yet