Category Archives: Industry News

Billboards ‘R Us

Recently, a client asked me if I heard about this: What’s that, you may ask?  Well, it’s a mock-up of a billboard painted onto someone’s house.  Yes, an actual house where actual people live. Startup advertising firm, Adzookie, is offering … Continue reading

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Cramer: Decline in Home Values is “Over”

One of my clients (remember this house?) recently sent me an article on CNBC from Mad Money’s Jim Cramer. Last week, housing reports showed a sharp rise in December existing home sales AND a bump up in the 2010 median price over … Continue reading

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Kids These Days

Have you heard the one about the 13-year-old cyberschooled real estate blogger?   OK, not a joke - but sort of sounds like one, right?    13-year-old Cole Perkins from Hershey, PA is in a media whirlwind right now with recent plugs on Curbed.com, … Continue reading

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Bottom’s Up

People often speculate whether the real estate market has hit bottom.  The problem with “the bottom” is that you can’t identify it until you’re already out of it. California-based Beacon Economics said last week: “While prices may fluctuate modestly over … Continue reading

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Interest Rate Insanity

On Tuesday, I told you interest rates fell last week to 4.27%.    Turns out, buyers can do even better than that on new construction.  The Pennsylvania Housing Finance Agency (PHFA) is offering first time homebuyers who are purchasing new construction in Montgomery County, … Continue reading

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Nifty Fifties

On Friday, interest rates fell even lower to 4.27%.     The Chicago Sun Times wrote, “The last time home loan rates were lower was during the 1950s, when most mortgages lasted 20 or 25 years.”     The 1950s!     Back when a stamp was … Continue reading

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Fannie Mae Helps Military Families

Last week Fannie Mae announced payment assistance for military families. The mortgage giant is offering a six month break to military families who are struggling to make their mortgage payments because of injury or death of a service member, saying … Continue reading

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Sleeping Giant

The people at MIT are really smart. According to Economics Professor, William C. Wheaton, natural population growth will outpace the availability of new homes.  Wheaton recently said home construction is “a sleeping giant about to wake up.” Better hurry up and … Continue reading

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Rethinking Homeownership? I think not.

The cover of TIME magazine on September 6 looked like this:   This is getting ridiculous.    Stop the madness!  Stop the doom and gloom attitude!  Stop letting the media convince the public that the housing market is terrible (it isn’t) and that … Continue reading

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FHA…OOC

Listen up buyers! The Federal Housing Administration (FHA) is giving you until Monday, October 4 to lock in a low monthly mortgage insurance premium (MIP), because after that day, MIP will increase by over 63%.  Yikes! What does this mean … Continue reading

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