Archive for August, 2013

USDA Eligibility Information

August 25, 2013 10:13 pm0 comments

USDA loans are great loans, but have a few eligibility restrictions. They are only available in certain areas, and they have income limits. To determine if a house or area that you are interested in is eligible you can visit this link: USDA Property Location Eligibility There are also income […]

Read more ›

September 4th Show Details

7:57 pm0 comments
September 4th Show Details

  Our next show is Wednesday September 4th at 7:00PM. During the show I will be discussing the 10 step home buying process. I will discuss all aspects of buying a home including, down payments, mortgage information, home inspections, closing costs, selecting the right Realtor and more. Make sure to […]

Read more ›

B of A, JPM Say They Have Completed Mortgage Settlement

1:12 am0 comments
B of A, JPM Say They Have Completed Mortgage Settlement

Bank of America and JPMorgan Chase said that they have fulfilled the requirements of the $25 billion national mortgage settlement. The top five servicers claim to have provided more than twice the relief mandated in the settlement, though some have not yet met all the requirements and the settlement monitor […]

Read more ›

House prices continue to rise

August 23, 2013 12:08 pm0 comments
House prices continue to rise

  National housing prices continued their upward trajectory in the second quarter, rising 2.1% from Q1, according to a report by the Federal Housing Finance Agency. “The housing market experienced one of its strongest quarters since the boom in the middle of the last decade,” in Q2, said FHFA Principal […]

Read more ›

Greater Louisville area home sales up nearly 20 percent this year

August 21, 2013 1:29 am0 comments
Greater Louisville area home sales up nearly 20 percent this year

  July sales increase 35 percent over July 2012 LOUISVILLE, Ky. (Aug. 20, 2013) — Members of the Greater Louisville Association of Realtors reported strong summer sales data for July, with the average and median year-to-date prices exceeding the previous highs set in 2007. July prices were about 3 percent higher than one […]

Read more ›

Home Value Appreciation Strongest on West Coast

August 20, 2013 4:45 pm0 comments

The national rate of home value appreciation reached its highest mark in approximately seven years, Zillow said in its monthly real estate report. In July, year-over-year home prices increased by 6%, which also represents the 14th straight month of annual appreciation. Of the 393 metropolitans covered by Zillow in this […]

Read more ›

New Home Construction, Sales Lose Momentum

4:44 pm0 comments

The new home market appears to be losing momentum due to rising mortgage rates, rainy weather and a limited supply of new homes. On Friday, the Census Bureau reported single-family starts fell 2.2% in July and the construction of new homes has been hovering around a 600,000 seasonally adjusted annual […]

Read more ›

Key Rules to Showing Your Home: Preparing The Exterior

August 19, 2013 7:01 pm0 comments

In my last blog, I wrote about how to prepare and stage the interior of your home so that every showing counts. I suggested going through your home room by room and making some significant decisions about which items you want to sell, store, toss, donate, and keep. This methodical […]

Read more ›

New Real Estate Radio Show Announced!

5:45 pm0 comments
New Real Estate Radio Show Announced!

Beginning Wednesday September 4th on 1080am WKJK we will be bringing you all the real estate & mortgage advice you can handle every week from 7:00 – 8:00PM. We are proud to announce Real Estate radio hosted by Jerry Hodges. In addition to growing up with a mother and father […]

Read more ›

FHA cuts mortgage wait times after hard times

5:36 pm0 comments
FHA cuts mortgage wait times after hard times

The Federal Housing Administration is making it easier for once-struggling homeowners to qualify for a mortgage backed by the agency. For borrowers who meet certain requirements, the FHA is trimming to one year the amount of time that homebuyers must wait after a bankruptcy, foreclosure or short sale before they […]

Read more ›