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More Votes to End Mortgage Aid Programs

Source: “House Panel Votes to End Obama Foreclosure Program,” Dow Jones Business News (March 9, 2011) and “House Approves Bill Killing Aid for Struggling Homeowners; Republicans Cite Budget Deficits,” Associated Press (March 10, 2011) Republicans on the House Financial Services Committee this week voted to end the (more…)

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Mortgage Purchase Activity at Highest of Year

Realtor® Magazine – Daily Real Estate New Mortgage applications for purchases rose to their highest level of the year last week, the Mortgage Bankers Association reports. Purchase applications for mortgages increased 12.5 percent from one week earlier, and on an unadjusted basis, purchase application activity is the (more…)

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Review of the Markets

From Rich Smith, founder of PCM and Registered Investment Advisor Over the past week the S&P 500 has improved as confidence has begun to return. Most equity markets are trending higher. Long term interest rates are inching higher as whiffs of inflation surface. Gold prices have been (more…)

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Surprising Insider Secrets for the 5 Stages of Buying Your First Home

Trulia By Tara-Nicholle Nelson February 16, 2011   Buying a home is not a discrete event; it’s a process – a sequence of events that happens over time, sometimes over as long as several months or even years!  While general guides to buying a home are a (more…)

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Time to Believe in Housing Again?

Boise Real Estate – With the mess of the housing market today, it’s really hard to know what to believe in. With all the conflicting reports out there, some experts claim the market has hit bottom, others are sticking with doom and gloom. Who do we believe? (more…)

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Boise Homes are selling in 2011!

Sales of Boise Homes were up in January 2011. Total sales were 339 in Ada County, this is an increase of 21% over January 2010. We haven’t seen this level of sales since 2008. January sales are usually the lowest of the year. For 2010 January started (more…)

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FICOs and FHA: 2 big lenders loosen up

By Ken Harney, Monday, January 31, 2011. Inman News™ Here’s some unexpected good news for anybody working to get buyers into houses, especially first-timers who don’t have much down payment cash on hand: The door to an FHA-insured mortgage just opened a little wider. With no fanfare (more…)

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How Buying a Home Is Likely to Change

by Rick Newman Thursday, February 10, 2011 Last year’s sweeping financial-reform law revamped much of the banking system. But there’s one industry it didn’t touch: housing finance. For good reason. Unlike the convalescing banking sector, the housing market is still a wreck, with any false move likely (more…)

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Who profits from foreclosure?

CNNMoney.com By Steve Kastenbaum, CNN Radio National Correspondent Businesses and property owners are leveraging bargain-basement housing prices, making money on properties that have plunged in value and have been repossessed. The wave of foreclosures continues Despite efforts to curtail foreclosures across the U.S., the nation is still (more…)

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Ghost Hunters Save One Historic Home

The owners of a historic home in Carthage, Mo., say the upkeep of the 150-year-old home known as Kendrick Place was getting to be too expensive. But a group of ghost hunters stepped in offering monthly tours of the historic home that have helped to offset the (more…)

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