At some point in their lives, every home buyer in America has wondered "Is now the best time to buy a home?" In this 3-minute video, NBC's The Today Show does a good job of answering the question.
The conclusion? Yes, but not if you're going to overpay.
The Buyers Market is ending, we learn, as home prices rise across most of the country. Pockets of opportunity remain, however, and the focused home buyer can still find a "good deal".
Some of the video's tips include:......
Read the COMPLETE BLOG POST HERE:
How To Find Good Deals As The Buyers Market Comes To An End
----------------------------------------------
Chris is Florida's #1 FHA Mortgage Broker and a syndicated mortgage blogger. He is regular contributor to the three leading industry blog-fronts including The Mortgage Chili Blog, My FHA Mortgage Blog, Top of Mind Networks, the newest contributor to Lenderama and recently featured on Fox35 News.
Chris can be found at
Orlando FHA Loans,
Chris[at]OrlandoMortgagePro[dot]com,
or by calling 407.377.0500 x 210
Some days, newspaper headlines are a terrible place to get your real estate news.
Today is one of those days.
After the September New Home Sales report showed sales volume down from August, the mainstream media jumped on the story:
But the headlines miss the point, somewhat. Yes, home sales volume is important to housing, but it's not as important as home supply.
A deeper look at the New Home Sales data reveals an interesting comparison point:
In other words, sales outpaced.......
Read the COMPLETE BLOG HERE:
What The Media About September's New Home Sales Report
------------------------------------------------
Chris is Florida's #1 FHA Mortgage Broker and a syndicated mortgage blogger. He is regular contributor to the three leading industry blog-fronts including The Mortgage Chili Blog, My FHA Mortgage Blog, Top of Mind Networks, the newest contributor to Lenderama and recently featured on Fox35 News.
Chris can be found at
Orlando FHA Loans,
Chris[at]OrlandoMortgagePro[dot]com,
or by calling 407.377.0500 x 210
For August, the Case-Shiller Index showed annual home values improving across 19 of 20 U.S. markets. It's the first time in 3-plus years that the benchmark housing index has shown such strength.
According to a Case-Shiller Index spokesperson, "The rate of annual decline in home price values continues to improve."
It's yet another sign that housing may have already bottomed.
However, just because the Case-Shiller Index shows a stabilization in home values, that doesn't necessarily make it true. This is because real estate happens on the local level and the Case-Shiller Index is more "national". It tracks data in just 20 U.S. cities.
Homeowners everywhere else are.......
Read the COMPLETE BLOG HERE:
Home Values In 95% Of Case-Shiller Markets Are Improving Year-To-Year
----------------------------------------------
Chris is Florida's #1 FHA Mortgage Broker and a syndicated mortgage blogger. He is regular contributor to the three leading industry blog-fronts including The Mortgage Chili Blog, My FHA Mortgage Blog, Top of Mind Networks, the newest contributor to Lenderama and recently featured on Fox35 News.
Chris can be found at
Orlando FHA Loans,
Chris[at]OrlandoMortgagePro[dot]com,
or by calling 407.377.0500 x 210
The national housing supply fell to a 2-year low last month, according to the National Association of Realtors®.
At the current sales pace, existing home inventories would sell out in 7.8 months -- 30 percent faster versus November 2008.
For a 10-month window, that's a major housing supply reduction and it helps to explain why multiple-offer situations have been so common lately.
Moreover, the same report from NAR showed sales activity reaching its highest point since July 2007, too.
If you're looking for evidence that the long-standing Buyers Market is ending, this month's Existing Home Sales report might be it.
Even median sales prices -- typically dragged lower by..............
Read the COMPLETE BLOG POST HERE:
Falling Home Supplies Mean More Multiple-Offer Situations For Buyers
----------------------------------------
Chris is Florida's #1 FHA Mortgage Broker and a syndicated mortgage blogger. He is regular contributor to the three leading industry blog-fronts including The Mortgage Chili Blog, My FHA Mortgage Blog, Top of Mind Networks, the newest contributor to Lenderama and recently featured on Fox35 News.
Chris can be found at
Orlando FHA Loans,
Chris[at]OrlandoMortgagePro[dot]com,
or by calling 407.377.0500 x 210
Mortgage markets were volatile last week, making it very difficult to shop for mortgage rates.
On most days, lenders issued multiple rate sheets with the trend putting rates higher in the morning, and lower in the afternoon.
Overall, mortgage rates were unchanged on the week. It broke a three-week streak through which mortgage rates rose.
Rates remain roughly one-half percent higher than the lows of early-October.
The biggest positive for rate shoppers last week was tame economic data -- specifically concerning the Producer Price Index and the housing sector.
The Producer Price Index is an inflationary, Cost of Living-like measurement for businesses and it went negative in September. Analysts weren't expecting that and the surprise pulled rates down an eighth.
Similarly, in housing, both the Home Price Index and ......
Read the COMPLETE BLOG POST HERE:
What's Ahead For Mortgage Rates This Week : October 26, 2009
--------------------------------------------
Chris is Florida's #1 FHA Mortgage Broker and a syndicated mortgage blogger. He is regular contributor to the three leading industry blog-fronts including The Mortgage Chili Blog, My FHA Mortgage Blog, Top of Mind Networks, the newest contributor to Lenderamaand recently featured on Fox35 News.
Chris can be found at
Orlando FHA Loans,
Chris[at]OrlandoMortgagePro[dot]com,
or by calling 407.377.0500 x 210
 |
|
|
Anyone can say anything about themselves. Whoopy! See what my PAST CLIENTS are saying... http://www.orlandomortgagepro.com/What_people_are_saying.htm
Welcome
Don't HATE me because I am conservative with YOUR money! Let someone else take the risks.
Feel free to check me out here, but if you prefer, you can go directly to one of the following:
Orlando Real Estate | Orlando Credit Repair | Loan Modifications | Orlando Mortgages
Orlando Real Estate and the Mortgage Chili Blog
I have a reputation for my highly relational approach to my Orlando mortgage business and intentionally blur the lines between business and friendships.
"All things being equal, people would rather do business with people they like. I believe that all things not being equal, people would still rather do business with people they like."
It is with this philosophy that I have built one of the most loyal groups of clients [read: friends!] and successful mortgage and Orlando credit repair practices in the Central Florida arena.
Don't be surprised if you hear me ask, "How can I help you in your [life, business, etc.] today?" And when I does, know that it is driven by a sincere desire to serve those around me... pay it forward so to speak.
I have a record of self improvement that would rival that of anyone in the industry. I either am or have been aligned with:
I have also invested in my community with my time:
I, Chris Brown, pride myself as NOT always being available, and surprisingly,when I took that approach long ago, my business grew! If you don't make the time in your life for the things that are truly important, you will fill your time with things that are not. For me, it is God First, family second, business third. I am only able to pour my life into my clients because I build boundaries to recharge my batteries with my family and my Creator."
Chris's home for living with life balance.
Chris the Implementer
Orlando Mortgages | Orlando Credit Repair | Orlando FHA Loans
Orlando Real Estate | Florida Reverse Mortgages | Mortgage Chili Blog
Chris is mainly known for his work in the with First Time Home Buyers.
Being quick on his feet reacting to market changes, Chris has also developed quite a respectable FHA business and has become one of the best resources for local Realtors who have folks with challenged credit through his association with the U.S. Credit Repair Counsel.
The Bottom Line:
Chris uses all of the tools he has independently invested in to help agents determine, and fast, if they have a buyer that can qualify for a purchase. Since agent's time is their livelihood, this has become an invaluable tool for them in this challenging market.
"Chris is detail-oriented, resourceful, and on-time with his work. We'll work with him again, and refer others to him because he does great work."
Top qualities: Great Results, Expert, Creative
Augie Byllott
First hired Chris as a Financial Advisor in 2005, and hired Chris more than once
"Chris is an honest, hard working mortgage professional. More than that he is a good man. Integrity and faith are two of his greatest strengths. His foremost concern is what's best for his client. He is the kind of business professional you can enjoy working with."
Top qualities: Personable, Expert, High Integrity
Kristy Stevenson
First hired Chris as a Mortgage Lender in 2003, and hired Chris more than once
"I have hired Chris more than once to get me through the mortgage process. Chris kept me informed on a daily basis of progress and his attention to detail and devotion to customer service is phenomenal. I will continue to use Chris for all of my mortgage needs in the future."
Top qualities: Personable, Expert, High Integrity
Marcus Mennenga
First hired Chris as a Mortgage Lender in 2005
"Chris has worked with many of our clients and they are always well-pleased. He is a detail-oriented manager who always does what is right for our clients. It is a privilege to have Chris' expertise helping our clients."
Top qualities: Personable, High Integrity, Creative
Henry Silva
hired Chris as a Equity Manager in 2007, and hired Chris more than once
"I have purchased and re-financed many houses in the last 10 years and I am happy to say that Chris Brown is, by far, one of the best Equity Managers I have ever worked with. There were absolutely no hiccups in the entire process. He is very professional, knowledgeable and cooperative and it has truly been a pleasure working with him. I am happy to give my recommendation to use Chris for any mortgage loan need."
Top qualities: Great Results, Expert, On Time
Garth Bolton, Owner, Property Rescuer, Inc.
first hired Chris as a Mortgage Lender in 2004-present
"Chris is a very detail orientated mortgage lender that goes above and beyond what could ever be expected. Add that to his high level of integrity and honesty and you have a trusted advisor with advise worth heeding!"
J Robert Brown, Owner, Prefer1 Realty
was with another company when working with Chris at Trinity Mortgage
"Chris has provided mortgage lending service to a number of the folks whom I've helped either buy or sell a home. Chris is consistently conscientious, on top of the situation, and communicates very well. He anticipates situations before they get out of control and helps to resolve them. Chris takes a long-term view of things and is a " can-do" kind of person whose primary goal is to satisfy his customers, confident in the knowledge that if he takes care of them, he will be successful."
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
