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Mortgage Applications Inch Up Slightly

by Clayton Closson on July 18, 2007 in Market Update

Mortgage applications rose 0.9% last week.

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Housing Starts Up as Long-term Rates Remain Low

by Clayton Closson on July 18, 2007 in Market Update

Privately owned housing starts have increased 2.3 percent since May.

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Rent-to-Own Real Estate Deals – Buyer and Seller Beware

by Clayton Closson on July 13, 2007 in Home Buying

Although they've actually been around for decades, rent-to-own contracts that substitute for mortgages and conventional home loans are enjoying a surge in popularity in several regions of the country. But without proper planning, these arrangements can cause troubles for both buyer and seller.

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Deals draw homebuyers into the housing market during holiday week

by Clayton Closson on July 11, 2007 in Home Buying

Weekly mortgage applications increased 1.1% for week ending, July 6, 2007.

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Seller Concessions Can Help You Sell Your Home

by Clayton Closson on July 6, 2007 in Home Buying

Seller concessions, also referred to as seller contributions, are a great way to make a home more affordable and appealing to a buyer. The concept of seller concessions is actual pretty simple. The seller basically agrees to cover some, or all, of the costs associated with buying a home.

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Purchase Applications Increase

by Clayton Closson on July 5, 2007 in Market Update

Elevated inventory in summer months continues to contribute to rise in home purchases.

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Credit Boosting Websites May Be Running Out of Time

by Clayton Closson on June 29, 2007 in Market Update

Credit boosting, or using services to artificially inflate credit scores, will become more difficult later this year when rules to calculate FICO scores are updated to discourage credit boosting.

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