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Tag Archives: NAR

2009 Profile for Buyers and Sellers

2009 Profile for Buyers and Sellers

NAR recently released the 2009 profile for buyers and sellers.  The results were compiled from over 9,000 surveys from people who purchased a home between June 2008 to July 2009.  Below you will find some of the highlights from the report.

47% of all buyers were first time buyers.
62% of first time buyers reported [...]

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FHA Key to Housing Market and Recovery

FHA Key to Housing Market and Recovery

The Federal Housing Administration mortgage insurance program is a critical part of the American housing fabric and has never been more important than it is in today’s market, NAR President Vicki Cox Golder told a congressional panel this week.
Testifying before the House Committee on Financial Services, Golder said that the FHA program is fiscally sound [...]

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FHA Steps Up Their Game To Help Home Owners

FHA Steps Up Their Game To Help Home Owners

FHA has made a giant leap to help those struggling home owners out there.  With the newly enhanced FHA Making Home Affordable Loan Modification Program, those who qualify will have their monthly mortgage payments reduced significantly.  Thus, allowing more people to stay in their homes.
The changes expand the Obama administration’s Make Home Affordable Loan Modification [...]

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Perfect Time to Buy

Perfect Time to Buy

Ladies and Gentlemen, the stars are aligning.  You can sit back and wait and disregard all the obvious signs or take advantage of an opportunity that doesn’t happen very often.  Now is the perfect time to buy, but that opportunity may be slipping away.  This is not for everyone, but for those of you that [...]

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