Pending home sales rise

According to the National Association of Realtors (NAR), pending home sales (those homes that have a written contract) were up 3.6% in June from May and 6.7% higher than a year ago.
Low interest combined with an up to $8,000 tax incentive and a large selection of affordable homes, are bringing more potential homebuyers into the [...]

Relief for Responsible Homeowners

On March 4th, The Obama Administration announced new U.S. Department of the Treasury guidelines to enable servicers to begin modifications of eligible mortgages under the Administration’s Homeowner Affordability and Stability Plan – announced by President Barack Obama just two weeks ago. The release of detailed requirements for the “Making Home Affordable” program facilitates implementation of [...]

Back to the Basics is the Key to Riches in Real Estate

We’ve all heard it…”no other industry has created more millionaires than real estate.” It’s what got me excited about investing in real estate and probably you too. There’s also probably no other industry that claims you can do it over night as much as the real estate industry. Although it’s tempting to chase the “get-rich-quick” [...]