Monthly Archives: November 2008
A Thanksgiving Treat from the Fed
Happy Thanksgiving – Mortgage Rates Plunge Finally, some good news for the mortgage industry! In a move to increase credit availability, the Federal Reserve and Federal Home Loan Banks announced that they would purchase up to $600 billion in Mortgage-Backed Securities (MBS), exciting news that sent interest rates for 30-year fixed-rate mortgages plummeting below 6.00%... Read More
Top 11 Reasons to List During the Holidays
11. By selling now, you may have an opportunity to be a non-contingent buyer during the spring, when many more houses are on the market for less money! This will allow you to sell high and buy low! 10. You can sell now for more money and we will provide for a delayed closing or... Read More
I need Africa more than Africa needs me!
I was asked by Mocha Club to write about the concept of why ‘I need Africa more than Africa needs me.’ Mocha Club [www.mochaclub.org] is a community-based website where members can start a team and invite friends to join them in giving $7 a month – the cost of 2 mochas – to support a... Read More
THE REALITY OF THE MARKET: The Sky is not Falling
The good news is that the Real Estate Market here in Middle Tennessee is very ALIVE. Yes – Most categories are down from 2007, but we have not seen an alarming shift in our market. General activity has slowed, and values have decreased slightly in most areas. Many Sellers are frustrated because of lack of... Read More