August 19, 2010
- More Borrowers Are Paying Down Their Mortgages
Even with record-low mortgage rates, many refinancing borrowers are choosing to pay down their loan balances rather than borrow more money.
According to a recent report by Freddie Mac, “cash-in” borrowers – those who reduced their principal balance by paying in additional money at the closing table – represented 22 percent of all borrowers who refinanced [...]
August 18, 2010
- Pending Home Sales Ease in Post-Tax Credit Market
Pending home sales edged down with near-term sales expected to be notably lower in contrasts to the spring surge when buyers rushed to take advantage of the home buyer tax credit.
Questions or comments? Use the comment link below to contact us. Even though your email address is required to comment, it will NEVER be published [...]
August 17, 2010
- Designing a Eco-Friendly Kitchen
Thinking of remodeling your kitchen? Many remodelers are going green. Here are some ideas you might want to consider for your eco-friendly kitchen.
We welcome your comments, and remind you that email addresses will NEVER be published at our site, so comment without worrying about your email address showing up here.
August 16, 2010
- Borrowing Equity in Your House to Consolidate Debt
Like many people these days, you may be having problems with your monthly bills. As economic times get hard, interest rates rise. This makes your credit card payments go up. Not only do the payments rise, but you pay less on your balance. This makes it much harder to pay them off. What was once [...]
August 15, 2010
- How to Sell Your House
You've heard it said, the most important three things in real estate are "location, location, location." That's not entirely true if you're trying to sell your home. Instead, the most important aspect when selling your home is PRICE. If you really want to know how to sell your home, the answer is short and simple: [...]
August 14, 2010
- Closing Costs: 4 Ways to Save
The interest rate on your home loan isn't the only thing you need to be concerned with. It pays to negotiate on all your home loan terms.
Closing costs for a home average 3% of the purchase price, and could go as high as 6% in higher-tax areas. Plus, you still have to come up with [...]
August 13, 2010
- 5 Easy Ways to Save $1,000
How you can easily save an extra $1000 in time for the holidays.
Have more ideas on ways to save money so you'll have more come holiday time? We'd love to hear your ideas. Just click the comment link below and tell us about it.
August 12, 2010
- Credit Scores: Ways to Improve Yours
Credit scores are especially important when applying for a mortgage. With funds getting tighter and people cutting back, a strong credit score shows you are fiscally responsible and serious about your finances.
Mortgage lenders and banks are not the only ones who look at your credit score. Insurance companies look at it to determine premiums or [...]
August 11, 2010
- Buying a Home is More Affordable Now
Families that have steered cleared of the housing market may want to reconsider their decision to rent instead of own.
A new report from the federal government indicates that U.S. homes are the most affordable they have been in 10 years. The Obama administration's Housing Scorecard found that a combination of record low interest rates and [...]
August 10, 2010
- How to Hire a Real Estate Agent
You have to pay thousands of dollars to hire a real estate agent to sell your home. Is it worth it? Make sure you hire the RIGHT agent. Stacy Johnson explains…
Have questions or comments? Use the comment link below and sound off. Remember, your email address will NEVER be published with your comments for your [...]
August 9, 2010
- Things to Consider When Buying a House
Things to Consider When Buying a House
Buying real estate is a very challenging task because you need to ensure you are not going to be wasting your money. This is why you need to strictly follow some steps on researching before buying a property.
First, you have to find an experienced and trustworthy real estate agent [...]
August 8, 2010
- Mortgages Safer But Harder to Get
Mortgages Safer But Harder to Get
Now that Senate and House negotiators have reached a compromise on new financial regulations, we know what will happen to the mortgage industry if the bill passes and how it will impact your ability to buy a house. Those freewheeling days of no-money-down, liar loans are dead. Instead you'll find [...]
August 7, 2010
- Solar Storm Warning
Solar Storm Warning
Here's a storm no homeowner is prepared to weather. It's economic impact could be 20 times worse than Hurricane Katrina. A storm that could make Hollywood disaster movies look trivial.
NASA is warning us to get ready for a "Once in a Lifetime Event"…
August 6, 2010
- Getting a Mortgage: Tougher Than It Used to Be
Getting a Mortgage: Tougher Than It Used to Be
Freddie Mac VP Patricia McClung on what is needed in this economy for potential home buyers to get a mortgage.Have questions or comments about today's tougher standards for getting a mortgage? Use the comment link below to contact us.
August 5, 2010
- When is the Right Time to Sell Your Home?
When is the Right Time to Sell Your Home?
Everyone has always heard the saying, "sell high and buy low." We hear that all the time, whether it's selling a home, or buying a car.
When it comes to selling your home, target to sell your home when the number of buyers are at a maximum. The [...]
August 4, 2010
- New Home Sales Jump in June
New Home Sales Jump in June
Sales of new homes jumped in June, but it was the second-weakest month on record.
New home sales rose nearly 24 percent in June from a month earlier to a seasonally adjusted annual sales pace of 330,000. May's number was revised downward to a rate of 267,000, the slowest pace on [...]
August 3, 2010
- Living Green - 13 Easy To Do Tips
Living Green - 13 Easy To Do Tips
To live green means to help our environment from the dangers that are destroying it. Green living starts with each of us. Here are just few easy tips to help you get started.
1. Switch to fluorescent bulbs in areas where extended lighting is required. Though the initial price [...]
August 2, 2010
- Keep Shrubs Away from Your Home
Keep Shrubs Away from Your Home
Keep bushes trimmed at least a foot away from your house to prevent mildew, rot, and termites from attacking your home. Trim plants back from air conditioners to make them more efficient.Have questions or comments about landscaping around your home? Use the comment link below. Your email address [...]
August 1, 2010
- Real Estate News - August 2010
Real Estate News - August 2010
Our August 2010 St. Louis Real Estate Newsletter is now online…
http://stlouisrealestateandhomes.com/newsletters/2010/august-2010/
July 31, 2010
- Sidelined Homebuyers Preparing to Enter the Market
Sidelined Homebuyers Preparing to Enter the Market
According to a new survey by Relocation.com, more Americans are positioning themselves to purchase a home in the near future.
The survey found that some families are opting to rent while they research for deals to purchase a more desirable home in their area. There’s no surefire way to determine [...]
