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  • Housing Market Rebound Continues in November 2009

    The continued improvement in the real estate market became more evident when a US Commerce Department report on Wednesday showed improvement in all sectors of the nation for home building. The report on December 16, 2009 of new home construction in November had risen to an annual rate of 574,000 and this was 8.9% above the revised rate of 527,000 ...
    Posted to David Craven (Weblog) by 672716 on December 16, 2009
  • How The Housing and Economic Recovery Act (HERA) Can Affect The Closing Date

    The Housing and Economic Recovery Act (HERA) amends and impacts several aspects of obtaining a mortgage, the disclosures required for borrowers, and the timing of their delivery. This impacts the minimum time to close, and should any changes be made to a loan application that could impact the Annual Percentage Rate, this could impact the closing ...
    Posted to David Craven (Weblog) by 672716 on July 27, 2009
  • Economic Reports of The Week and What Do They Mean.

    This past week there were four economic reports released. Three of these reports are considered important and one of the three is considered one of the most important reports we see each month (unemployment report). June's Consumer Confidence Index (CCI) came out Tuesday evening. This is a measure of the consumer's willingness to spend. ...
    Posted to David Craven (Weblog) by 672716 on July 3, 2009
  • Green Building, An Important Focus For Buyers of Real Estate

    Green Building, also known as sustainable building, has become a popular and important focus for buyers of real estate in recent years. Green building is briefly defined as building with the qualities of the outdoor and indoor environment taken into consideration when designing, constructing, along with maintenance and use. It is the efficient use ...
    Posted to David Craven (Weblog) by 672716 on June 3, 2009
  • Buy Real Estate With "Nothing Down" or Low Down Payments In Western North Carolina

    Buying real estate with a "nothing down" or a "low down payment" loan has been especially popular since the early 1980's when Robert G Allen wrote his very popular book "Nothing Down" and then followed up with another popular book called "Creating Wealth" along with his personal seminars and ...
    Posted to David Craven (Weblog) by 672716 on May 29, 2009
  • Real Estate Market Bottom, Real Estate Trends, Western North Carolina Real Estate

    Predicting the real estate market bottom will always be easy after the fact. There will be various opinions in the mean time. The ones that get it right will remind us and the ones that get it wrong will probably be silent. First of all real estate cycles have always been and remain local in nature. That said, there is now data that would ...
    Posted to David Craven (Weblog) by 672716 on May 23, 2009