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Okay now this is innovative... Fannie Mae is offering folks who are in trouble with their loans and don't qualify to modify them... a lease in return for a deed in lieu of foreclosure... they get to stay in their homes... lease it back at fair market rent value... this way people get to stay in their home... most likely with lower monthly payments, no property tax and just renter's insurance... the neighborhoods stay intact, children stay in their beds and schools... seems reasonable to me... almost like someone with common sense was in charge for a moment... I am sure there are kinks to work out like who manages the property and all that.... and when the government becomes property managers then we will see what they are made out of hey?
Go to the Fannie Mae site for more info.... www.efanniemae.com

Noah Thinks this is one Sweet Idea!
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Is this pretty or what?

An amazing site to see.... Full Moon in one direction and Glorious Sunset over the ocean the other direction....

But my favorite is right here

Looking thru a few dark and elegant trees at the top of Bay Crest Hill with the volcano in the background
It doesn't get better than this!
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Bay Realty 13th Annual Pumpkin Contest Homer Alaska
More Pumpkins than Ever Before were entered.... Good Times were had by all!
Here are the winners for the contest.
K-3rd
1st Tyler Gilliland
2nd Danielle Boys and Girls Club
3rd Tommy Boys and Girls Club

4th -6th
1st Nolan Bunting
2nd Emily Baylink
3rd Landon Bunting
7th - 8th
Sammy Inman
Corrina
Adult
$50 winner Adam Traugott
Amelia Inman; runner up

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From Kirk Olsen Certified Appraiser here are the latest stats on the Homer ALaska Market Area

73 closed MLS sales in the last 12 months at $100k & up (+8 sales from the previous 12 months)
Median sale price: $224,200 (+2% from previous 12 months)
Median marketing time: 119 days (+42 days from previous 12months)
Ratio of sale price to list price: 99% (+5% from previous 12 months)

Looking Good In Homer Alaska Cosmic Hamlet by the Sea
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