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Monthly Archives: August 2009
Upside-Down : The Easy Way To Grow Tomatoes At Home
Whether your home has ample room for a garden or just limited space on a balcony, upside-down planters make it easy to grow tomatoes at home. Now, growing tomatoes upside-down may sound like a strange idea, but versus in-ground planting, … Continue reading
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The New Conforming Mortgage Guidelines, Effective September 1, 2009
As a reminder, Fannie Mae is rolling out new lending guidelines Tuesday, September 1, 2009. Starting next week, being approved for a home loan could be much more difficult. The new rules mark the first major underwriting update since April … Continue reading
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Home Supplies Plummet, Putting Pressure On Home Prices To Rise
It’s no wonder that builder confidence is soaring — their inventory of homes for sale is depleting at a furious pace. For the 4th straight month, New Home Sales gained, posting the best numbers since last September’s meltdown and handily … Continue reading
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Home Prices Keep On Rising And Rising
18 of 20 markets tracked by the Case-Shiller Index showed rising home values in June. It’s the 5th consecutive month with strong numbers and the best showing for the benchmark housing index since home values began deflating in 2006. Some … Continue reading
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The Long-Term Trendline For Existing Home Sales Points To A Housing Recovery
The housing market continues to surprise. Last week, the latest good news came in the form of the monthly Existing Home Sales report. An “existing home” is a home sold by an existing owner as opposed to a developer. It’s … Continue reading
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How To Change Your USPS Mailing Address Online
Filing an official Change of Address form with the United States Postal Service is one of the most important steps in the moving process. It’s how bills, letters and catalogs find you after your change of residence. Strangely, though, a … Continue reading
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How To Keep Burglars From Knowing You're On Vacation
There’s some common sense ways to protect your home from burglary — keep the doors locked, the windows shut, and the alarm system on, for example. But drawing from a series of interviews with ex-convicts, NBC’s The Today Show reveals … Continue reading
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To Use The $8,000 First-Time Home Buyer Tax Credit Program, There's Now Just 6 Weeks To Find A Home
If you plan to use the First-Time Home Buyer Tax Credit program, time is running out. The program expires November 30, 2009 and closing on a home can take up to 60 days. That leaves you 6 weeks from today … Continue reading
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Builders Are Building And What It Means For Home Values
Single-family Housing Starts rose for the 4th straight month in July, another sign that the battered housing market may be making its comeback. “Housing starts” are new homes on which construction has recently started. Not surprising, in a related story, … Continue reading
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Is Mortgage Underwriting Getting More Friendly?
It looks like banks are less scared of mortgage loans these days. In its quarterly survey to member banks, the Federal Reserve asked senior bank loan officers whether “prime” residential mortgage guidelines had tightened in the last 3 months. Just … Continue reading
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