Sunday, March 21st, 2010

Hot Topics

Charlotte market sees increase in home closings

Charlotte market sees increase in home closings

Charlotte market sees increase in home closings Source: Charlotte Business Journal The Charlotte market has seen its third consecutive quarterly increase in single-family home closings, according to a report by Metrostudy. Single-family closings in the fourth quarter totaled 1,939 units, 100 more than in the third quarter. Annualized closings crested in the second quarter of 2007 at 24,522. During... [Read more]


FHA announces tighter standards

FHA announces tighter standards

FHA has announced it will impose tighter standards via policy changes meant to strengthen its financial position. Let's take a look at the changes and what they mean to home-buyers who might use an FHA insured loan. 1. Mortgage insurance premium (MIP) will be increased to build up capital reserves and bring back private lending. FHA is increasing the upfront mortgage insurance premium to 2.25%. FHA... [Read more]


Buying a house?

Buying a house?

Buying a house? Here's a few things you should consider. If you've decided to take the plunge and become a home owner - Congratulations! If you follow a few steps you'll feel good about your decision, and you'll be prepared for some of the work ahead. 1. Take an honest look at your finances. You should prepare yourself by taking an honest look at your finances. While mortgage calculators are... [Read more]


First-Time Home Buyer Tax Credit: Extended -  8 Things to Know

First-Time Home Buyer Tax Credit: Extended - 8 Things to Know

First-Time Home Buyer Tax Credit: 8 Things to Know Now that the President has signed the bill which extends the tax credit, here's what consumers should know. The extension works in large part the same way it did before, $8000 is available for first time home buyers who have not owned a principle residence in the last 3 years. The changed and new provisions are detailed below. 1. The tax credit has... [Read more]


The Good Neighbor Next Door Program

The Good Neighbor Next Door Program

The Good Neighbor Next Door Program (GNND) offers teachers (pre-K-12), firefighters, emt's, and police officers an incredible opportunity to buy a home 50% off of the list price. These professionals can contribute to the revitalization of their communities while becoming homeowners through HUD's program. One of the requirements is the new homeowner must occupy the home as a sole residence for 36 months.... [Read more]


Featured Video

Evolution of Charlotte NC

Evolution of Charlotte NC

Video short from Rob Carter's film Metropolis. It features Charlotte NC's evolution and it's all done in paper!

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New Home Buyer Tax Credit

New Home Buyer Tax Credit

A message from the IRS explaining the first time home buyer tax credit

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First-Time and Repeat Buyer Tax Credit Explained

First-Time and Repeat Buyer Tax Credit Explained

First-Time and Repeat Buyer Tax Credit Explained

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Real Estate Staging

Real Estate Staging

Real Estate Home Staging Video provides information, tips & techniques about home staging.

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