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American Home Mortgage and its wholesale counterpart, American Brokers Conduit, became the latest casualties of the credit crisis. Last year, this company closed over $58 billion in home loans. Despite being, by all accounts, a well run business, market conditions forced them to file for bankru...
08/13/2007
According to the Florida Association ofRealtors (FAR) statewide the existing home median price rose 3% to $257,800; a year ago,it was $249,800. Home sales are projectedto ease modestly but should stay within a relatively narrow range over the balance ofthe year-- signs that the market is stabili...
08/14/2006
Harvard's Joint Center for Housing Studiesannual State of the Nation report says thatdespite climbing interest rates and risinginflation, it's unlikely that the Real Estatemarket will see a sharp decline. Price appreciation will continue to bring buyers to the market. Home prices areexpected to ...
08/14/2006
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The Appraisal Institute (AI) is urging the public to be cautious when using the newlylaunched Zillow.com web site, saying thedatabase only offers ballpark figures on home values and that actual appraisals are only available from appraisers. AI President Richard D. Powers said samples of Zillow's ...
08/14/2006
Home Warranty Companiesare NOT all the same! Not all home warranty companies are thesame. In fact, the differences can be quitesignificant. Some offer different programs,different options, and different pricing. Research is the key to finding the best provider. Ask questions and compare. The...
08/14/2006