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Remember that massive $26 billion bank settlement that homeowners long rejoiced about? The one that brought homeowners that were facing potential foreclosure a bit of salvation? Yeah well it’s not quite what it’s cracked up to be. When the huge settlement between some of the nation’s largest banks was announced, people expected to receive major… Read more »
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Home Values at 10 Year Low
2012 began with quite a bang in the housing market but it was far from a good thing for current homeowners. It was reported back in January that overall home values were down for the fifth straight month. Which brought home values down to their lowest point in about ten straight years. The average home… Read more »
Second Wave of Foreclosures on the Way
Foreclosures have plagued the United States for the past few years and it seems that trend is set to continue. Now even though the amount of foreclosures dropped 19% in January and another 8% in February, it’s expected that a massive increase in foreclosures is on the way. Experts warn that the massive $26 billion… Read more »
Farmland Value Sky Rocketing
What has been considered the “Back Bone of America,” ever since the United States was founded? That would be agriculture. Sure we had a big industrial boom and have created some amazing products over the years but there is one thing that has remained. That would be the farms and the people behind them bringing… Read more »
Best Neighborhoods for Real Estate in Grand Rapids
It’s great to hear that the housing market is slowly improving but what are you going to believe more; what you hear or what you see? Most people would say that they would like to see actual changes occur like the price of their property improve and to see their real estate actually sell. Well… Read more »
Doomsday Bunkers A HOT Commodity
Unless you’ve been living under a rock for almost the past four years, then I’m sure you have heard about the superstitions of the impending “doom” lurking over our heads. There are several reasons out there that have brought these beliefs into people’s minds. Some of the reasons come from an ancient Mayan calendar, solar… Read more »
FHA Streamline Refinance Premiums Dropping
There was a bit of speculation recently after an announcement from the Federal Housing Administration (FHA) stated their insurance premiums would be rising. The speculation was that premiums regarding the FHA Streamline Refinance program would be dropping. Well it seems that is the case. Homeowners with mortgages backed by the FHA will now face premium… Read more »
Changes Coming to FHA Premiums
You know those nasty premiums that come along with mortgage loans? Those ones that everyone hates to deal with. Yeah, well I think you’re about to hate FHA (Federal Housing Administration) premiums even more. FHA Acting Commissioner, Carol Galante, made an announcement regarding their current premium points. It appears the “basis” points” will soon be… Read more »