http://www.sellshouses.net Fri, 05 Mar 2010 19:43:58 +0000 http://backend.userland.com/rss092 en The Los Angeles Times Reports Shopping for a loan? A good faith estimate will protect you. Beginning Jan. 1, the Dept. of Housing and Urban Development (HUD) required lenders to issue Good Faith Estimates to protect consumers applying for mortgage loans. Some loan officers, however, sidestep the new requirement by giving their ... http://www.sellshouses.net/market-news-in-real-estate-2/ Housing prices are unlikely to fall much farther, but they aren't going to rise either - at least for several years - predict analysts for Barclays Capital in its Residential Credit Strategy report. Barclays blames government programs that have slowed foreclosures. "The overhang of distressed inventory is a huge negative technical. ... http://www.sellshouses.net/485/ The Los Angeles Times IRS issues new guidelines on obtaining home buyer tax credits The Internal Revenue Service (IRS) recently issued new guidelines and clarified documentation that taxpayers must submit to successfully obtain the federal tax credit for home buyers. Keep this in mind: The federal tax credit for home buyers was extended and ... http://www.sellshouses.net/market-news-in-real-estate/ The Federal Housing Administration (FHA) recently outlined future changes to the FHA home loan program.  The changes first were proposed last month by Secretary of Housing and Urban Development (HUD) Shaun Donovan. Rising defaults on FHA loans have led to the FHA's cash reserves falling below federally mandated levels.  FHA officials ... http://www.sellshouses.net/new-rules-for-fha-borrowers/ Those Who Wait Will Pay Thousands More This Spring... Waiting a few extra days or weeks to purchase a home this spring could cost buyers thousands of extra dollars as the office of Housing and Urban Development (HUD) implements several changes for loans guaranteed by the Federal Housing Authority (FHA). ... http://www.sellshouses.net/now-is-a-great-time-to-buy/ Harder to get an Uncle Sam mortgage (CNN Money) Rising defaults on loans insured by the Federal Housing Administration (FHA) have led the agency to impose future policy changes to its home loan program.   The FHA provides mortgage insurance on loans made by FHA-approved lenders. Borrowers must meet certain requirements established ... http://www.sellshouses.net/market-news-in-real-estate-for-january-21-2009/ MSNBC Housing may be headed for double dip A recent real estate report indicates that consumers may be taking their time house hunting this winter, which some economists believe could lead to a “double dip” in home prices. A recent report from the NATIONAL ASSOCIATION OF REALTORS® (NAR) showed that its pending ... http://www.sellshouses.net/beyond-the-headlines-1410/ (MSN) What's ahead for home prices? California remains ahead of the nation in market recovery with many first-time home buyers entering the market due to affordable homes prices, low mortgage rates, and first-time home buyer tax credits from the state and federal governments. However, credit still is tight and unemployment remains ... http://www.sellshouses.net/445/ A shrinking inventory of bank-owned homes and median price increases between the first and second quarters of 2009 in six of 11 communities are among the emerging signs that Sacramento County's resale housing market may be stabilizing, according to a report by the research division of Prudential California Realty based ... http://www.sellshouses.net/shrinking-inventory-strong-second-quarter-sales-fuel-optimism-that-sacramento-home-market-is-stabilizing/ The Sacramento County real estate market continued to show some rays of hope during the first quarter of 2009 as falling interest rates, extremely favorable home prices and the introduction of new tax incentives for homebuyers fueled a 75 percent increase in sales of existing single-family detached homes compared with first ... http://www.sellshouses.net/first-time-homebuyers-and-investors-boost-first-quarter-2009-home-sales-in-sacramento-county/