The Statue of Liberty re-opened today!
Happy 4th
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Month: July 2013
Underwater No More
From the AP via the WaPo - an excerpt: The huge price increases produced an unexpected retirement gift for Larry and Diane Plaster, who were resigned in January to selling their San Diego home for less than they owed the bank, known as a short sale. They owed $352,000...
Rates Take a Breather
The wild ride has tempered, and hopefully rates will stay in the mid-4% range: Home Mortgage Rates View More Interest Rates
No-Doc Loan Mod
In late March, HousingWire reported the Federal Housing Finance Agency would expand its suite of mortgage modification tools for Fannie Mae and Freddie Mac servicers. As of July 1st, the Streamlined Modification Initiative is in effect, in order to encourage servicers...
KK’s First Day
Our daughter Kayla had her first day on the job today, after graduating from college two weeks ago. She put in a 9-5 shift, with no lunch break! We did start with breakfast, where I laid out the basics in 60 minutes, which really just boiled down to one thing: Be a...
Inventory Watch – Creeping Higher
The previous period had 100 new NSDCC listings, and 69 new pendings. In the last week we had a 86:64 mix of new listings and new pendings. But we've had an overall increase of 21% in lower-end inventory, and 14% more higher-end houses for sale, since April 29th (peak...
