Just as when you buy a car, you ought to look under the hood, so too, should you look beyond the pretty kitchen and living room d cor, says Ken Justo owner of ASI Heating & Air Conditioning.
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McLEAN, VA — Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.06 percent with an average 0.5 point for the week ending May 1, 2008, up from last week when it averaged 6.03 percent. Last year at this time, the 30-year FRM [...]

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We’ve all had this experience. We walk into a meeting for six people at 2:00 p.m. and five out of the six are there but one is not and so we wait. And we wait some more and eventually the other person comes strolling in and our 2:00 p.m. meeting now begins at 2:15 having [...]

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Every real estate investor knows the old saying: “Buy when there’s blood in the streets.”
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Recent news has provided hope that housing is near a bottom.
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To determine when a market is turning from buyer to seller advantage, one only needs to look at foreclosures in the area and see what’s happening with that inventory. As prices meet the true market, buyers and investors come out of the woodwork, days on market begin to decline, multiple offers appear and the absorption [...]

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