By Dick Thackston Prior to 2007-2008 most of the American public and most mortgage lenders believed, and often would state in conversation, “real estate never goes down!” Since that time frame buyers and sellers have gone to the other extreme and now the common wisdom is “real estate will never go back up.” Well never [...]
Archive for January, 2012
Is the Ice Breaking for Home Builders?
Posted in News, Real Estate News, tagged building industry, buyers, downturn, Employment, home builders, housing inventory, housing market, Maine, massachusetss, Mid-west, model homes, new construction, New Hampshire, new homes, North East, real estate, realtor, resale, rhode island, sales conditions, sellers, South, Thackston, Vermont, West on January 20, 2012 | Leave a Comment »
By Dick Thackston The National Association of Home Builders maintains indices that measure conditions for the home building industry. There are three basic measures that the NAHB looks at as measure of were the home building industry is at: traffic visiting model homes, current sales conditions and the most subjective of the three expectations for [...]
Is Mortgage Lending Getting More Consumer Friendly in 2012?
Posted in Mortgage News, News, Real Estate News, tagged appraisal, appraisal standards, appraiser, asset management, asset manager, borrower, buyer, consumption, credit score, down payment, equity, federal reserve, financing, foreclosure, government backed loans, interest rates, lender owned homes, lenders, local market conditions, Market, Mortgage, mortgage credit, mortgage lending, mortgage rates, real estate, real estate market, realtor, refinance, refinances, REO, reo properties, seller, short sale, sloppy work, stabilization, Thackston, underwriter, underwriting on January 12, 2012 | Leave a Comment »
By Dick Thackston I continue to read about mortgage credit terms such as Credit Scores, Down Payment Requirements, and so forth being eased on home purchases. Federal Reserve Senior Loan Officer Survey still reports historically tight standards. Part of the problem from what I’ve seen, is values coming in low on appraisals after the buyer [...]
Whats Real Estate Gonna be Like in 2012?
Posted in Uncategorized, tagged assets, financing, first time buyer, foreclosure, homebuyer, investment, real estate, real estate market, realtor, REO on January 5, 2012 | Leave a Comment »
WHAT’S REAL ESTATE GONNA BE LIKE IN 2012? By Dick Thackston CRB, ABR, ABRM, Broker NH, MA & VT 2012 is looking like it’s shaping up to be the year of the buyer. The winter months so far here in the Northeast have been unusually busy with buyers poking around virtually ever listing – mind [...]
