Mike's Blog

Let's face it - few people want to take the time to go through the legal jargon of any type of legislation, but the new Housing & Economic Recovery Act is worth investigating. For a great summary of the provisions of the bill, check out the following article from the National Association of Realt...

A bill that was designed to help the national real estate market may, in fact, have a serious negative impact - and that negative impact may be felt very soon. One provision of the bill is the elimination of down payment assistance programs like Nehemiah and Ameridream.  Many buyers don't even kn...

If you've been keeping in touch with the local or national real estate news, you'll know that President Bush Signed the Housing Rescue Bill earlier this week. With a name like "The Housing and Economic Recovery Act of 2008," this bill certainly promises a lot. The biggest provision of this bill m...

Could it be that the Housing Rescue Bill has already shown one positive effect?  Mortgage rates actually dropped a little last week.  They had been steadily rising in recent months. The Housing Rescue Bill was signed on Wednesday, July 30, 2008.  The NAR reports that "Analysts attribute the decre...

Attention all On-The-Fence-Buyers: Interest Rates are Rising Again.  If you're worried that home prices might fall a little and you're waiting for them to hit "rock-bottom" before you buy, you may wait long enough to get a high interest rate that completely offsets the money you saved on the purc...

You're going to love this one! Great for 1st Time Homeowners, Young Professionals, Empty Nesters & More!!! 357 Jefferson Walk Circle, Jefferson, GA 30549www.357Jefferson.com 3 Bedrooms, 2 Full Bathrooms, 2 Car Auto Garage, & 3/4 of an Acre!!! See www.357Jefferson.com for complete details! Wonderf...

Silly as it sounds, one of the things that hurts a lot of buyers is...having too many houses to choose from! One would think that having tons of houses to choose from would be ideal, but it can actually hinder a buyer.  What's the biggest problem?  High supply leads to indecision!  Imagine if the...

And if you don't believe me that interest rates are going to continue to rise... Check out these articles: Mortgage Rates Climb to 9-Month High Greenspan Predicts Rise in Interest Rates How do people make money in the stock market?  They buy when prices are cheap and everyone's desperate to sell!...

Existing home sales rose nationally last month. These are the results Realtors have been expecting for quite a while now!  With home supply so high, historically low interest rates, motivated (even desperate) sellers, etc., we've been expecting home sales to increase. To see the complete article,...

SCHOOL ANSWERING MACHINE Hello! You have reached the automated answering service of your school. In order to assist you in connecting to the right staff member,  please listen to all the options before making a selection: To lie about why your child is absent - Press 1 To make excuses for why you...