It seems like the housing market is on the move – no pun intended! Click on the link below to see what homes are selling for in YOUR neighborhood. Click HERE Let me help you figure out just what your home is worth in today’s ever-changing market! Rochelle Allison 651-259-4683
Bank of America: New procedures to reduce timeframe for a short sale decision!
April 13, 2012 By Leave a Comment
Bank of America is making changes to its short sale procedures and introducing an improved task flow within the short sale technology module from Equator, BofA’s short sale management platform of choice. The goal: to reduce the timeframe for a short sale decision to less than three weeks. Starting Saturday, April 14, real estate professionals working [...]
Buyer urgency! Great time to buy! Interest rates down again to record lows!
April 12, 2012 By Leave a Comment
More home buyers may jump off the sidelines this spring as they get more urgent about purchasing a home, fearing that home price and mortgage rate increases are on the horizon. Housing surveys in recent weeks have shown that more Americans are seeing now a great time to purchase a home. In the most recent [...]
Short Sales Get Shorter: New Deadlines to go into Effect
March 22, 2012 By Leave a Comment
As part of a settlement with state attorneys general, the five largest mortgage servicers are adopting new requirements for short sales, which is expected to speed-up what has been known as a lengthy process. Here are some of the new requirements for servicers under the settlement: Servicers must provide borrowers with a decision within [...]
1111 McKnight Road South – St. Paul, MN – GORGEOUS!
March 20, 2012 By Leave a Comment
Beautifully appointed home in St. Paul’s Battle Creek / Highwood area. The owners have taken great care in their attention to detail with this home. Arched doorways, 12′ ceilings throughout, hardwood flooring, newer carpet, tile flooring, granite counters in the kitchen, 2-sided fireplace, open floor plan, partially finished walk-out basement with room for an additional [...]
Home Affordability at it’s highest peak since 1970!!
March 8, 2012 By Leave a Comment
Home affordability has reached the highest peak since 1970, which is when the data was first recorded, according to National Association of Realtor’s (NAR) housing affordability index. The index rose to 206.1 in January, and an index of 100 is defined as the point where a median-income household has exactly enough income to qualify for [...]
Deadline to Request Foreclosure Review Extended Three Months!
February 15, 2012 By Leave a Comment
Consumers who want their foreclosure cases checked by a third party as part of federal regulators’ Independent Foreclosure Review initiative now have until July 31, 2012, to submit their requests. The Federal Reserve and the Office of the Comptroller of the Currency (OCC) announced Wednesday that the deadline has been pushed out by three months to give consumers more [...]
Warren Buffet Housing Economy Prediction…
February 10, 2012 By Leave a Comment
The Oracle of Omaha has finally made it to the cover of Time magazine. It’s a first, which seems long overdue, considering Warren Buffett’s investment wizardry and, increasingly, his outspoken willingness to talk straight about everything, including the future of the American economy. “Once we get back to a million housing starts per year”– the current tally is [...]
Minneapolis Shows “measurable improvement” in Housing Market
January 20, 2012 By Leave a Comment
The number of housing markets showing measurable improvement nearly doubled in January, with the addition of 40 new metros to the Improving Markets Index put out by First American and the National Association of Home Builders (NAHB). The index tracks housing markets that are showing signs of improving economic health based on three independent datasets – employment growth from [...]
