Home Values Rose In November 2009 By Another 0.7 Percent
Reporting on a two-month lag, the government said home values rose 0.7 percent in November.
National home prices are at their highest point since February 2009.
But before we look too much into the FHFA's Home Price Index, it's ...
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Posted by Paula Henry on January 29, 2010 in Market Statistics
A Simple Explanation Of The Federal Reserve Statement (January 27, 2010 Edition)
The Federal Open Market Committee voted to leave the Fed Funds Rate within its target range of 0.000-0.250 percent.
In its press release, the FOMC noted that the U.S. economy 'has continued to strengthen', that the jobs markets is getting better, ...
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Posted by Paula Henry on January 27, 2010 in Mortgage News and Info
Brownsburg Real Estate Report - December 2009
Brownsburg Indiana Home Sales
Home Sales in Brownsburg for December 2009 were fairly equal to the number of homes sold in Brownsburg in November, however, the price point was a bit higher.
Last month there were 41 sales for an average of $163,012, ...
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Posted by Paula Henry on January 23, 2010 in Market Statistics
Danville Indiana Real Estate Market - December 2009
Home Sales in Danville for the month of December were above last years sales. There were 11 sales last month, compared to 7 sales in December 2008. The averages for December 2009:
The highest home sale was $217,900 for a four bedroom, 3 bath home ...
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Posted by Paula Henry on January 23, 2010 in Market Statistics
New FHA Guidelines Will Make Loans More Costly
Securing an FHA mortgage is about to get more expensive when buying a home in indianapolis. In a statement issued Wednesday, the Federal Housing Authority outlined policy changes to its mortgage assistance program. The shift is meant to both reduce ...
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Posted by Paula Henry on January 21, 2010 in Mortgage News and Info
Avon Indiana Home Sales - December 2009
The Avon Indiana real estate market actually improved year over year for the month of December. More homes sold, although only by a few, the price increase is very positive, especially for homeowners who are tracking the market and want to sell ...
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Posted by Paula Henry on January 16, 2010 in Market Statistics
RealtyTracs 2009 Foreclosure Report Gives Reason For Optimism
Like real estate, it appears that foreclosure activity is a local phenomenon, too. As reported by RealtyTrac.com, more than half of all foreclosure-related activity in 2009 came from just 4 states:
California
Florida
Arizona
Illinois
More ...
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Posted by Paula Henry on January 15, 2010 in Real Estate News
Stratford of Avon ~ Home for Sale
6846 Juliet - Avon Indiana
Beautiful custom home in Stratford of Avon in Avon Indiana. Truly one of a kind custom home on a magnificent wooded lot. Wait til you see the trees in bloom; you'll have a complete privacy from your deck and backyard. ...
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Posted by Paula Henry on January 12, 2010 in Homes for Sale | Listings
The Bad Jobs Report Wasn't All Bad Mortgage Rates Fell
Despite the headlines, it's important to remember that December's jobs report wasn't all bad news.
Sure, the economy shed 85,000 jobs last month and the Unemployment Rate failed to dip below 10%, but for home buyers and rate shoppers in ...
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Posted by Paula Henry on January 12, 2010 in Mortgage News and Info
Im Dreaming of an Arizona Winter
Snow is beautiful - from the inside, looking out. If you're dressed warmly enough, it's not so bad outside either. When the windchill threatens to be below ZERO - it is then, I dream of Arizona winters.
I could have shown this picture first, but ...
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Posted by Paula Henry on January 8, 2010 in Random Thoughts
Real Estate Sales and The Other Agent
Real Estate sales is a highly competitive business. REALTORS® don't usually recommend or praise their competition. Granted, we work together to accomplish the goal of our respective client; but we don't generally have celebratory cocktails ...
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Posted by Paula Henry on January 2, 2010 in Random Thoughts