Could this be the end of the housing bubble? The Commerce Department reported today that new home sales increased 9.6 percent in July! Is this a sign that the housing market is climbing from the record breaking low it reached earlier this year? Falling home prices have caused increased sales over the past four months, but this [...]
If you’ve kept up with mortgage rates over the past several months you have noticed that they have been somewhat steady. Rates sharply declined at the end of last year and continued the downward fall until just recently. Will mortgage rates stay steady, start to increase or continue to decrease over the next several months? [...]
I’ve always thought it was a little unfair that all the government housing stimulus package deals were for first time home buyers. Since I’ve purchased several houses I’m not eligible for any of the credit, even if I did decide to buy another home. However, that’s about to change for Kentucky. The Kentucky General Assembly just [...]