Builder Confidence Rises Three Points
Builder confidence in the market for newly built, single-family homes rose by three points to 20 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for November,...
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Southern Maryland Market Update March 2012
Here is the latest news from MRIS on the current Southern Maryland Real Estate Market!
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NAR Home Buyer and Seller Survey Reflects Tight Credit Conditions
Recent home buyers are staying well within their means with notably higher incomes and modestly higher down payments than buyers in the previous year, due to the restrictive mortgage credit...
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Where You Live Can Determine Health
Sabrina Oliver looked forward to good schools and safer streets when she moved her family from her crime-ridden and trash-strewn West Baltimore neighborhood to the suburbs, but was surprised to...
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Why 20% Downpayments Don’t Always Make Sense or Dollars
Despite the “doom and gloom” in today’s headlines, in the current economic climate, homeownership is more affordable than ever, thanks to low interest rates and lower home values. For those...
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Obama Signs HR 2112 to Extend FHA and VA Loan Limits Through 2013
President Barack Obama has signed HR 2112, the Consolidated and Further Continuing Appropriations Act of 2012 into law renewing the expired higher loan limits for Federal Housing Administration (FHA) and U.S....
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Delinquency Rate Hits 3-year Low as Boom Loans Improve
The national delinquency rate for residential home loans fell to 7.99 percent in the third quarter—the lowest reading since the fourth quarter of 2008. This represents a decline of 45...
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Developers want town to lift fast-food prohibition
Representatives of a property near Panera Bread on U.S. 301 in La Plata are seeking to amend their annexation agreement with the town in order to allow a fast-food or...
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No income limit for FHA-insured loans
As you may know, there is no income limit for borrowers seeking FHA-insured loans. However, FHA-insured mortgages cannot exceed a maximum mortgage amount set by law. The maximum mortgage amounts...
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Southern Maryland Real Estate Market Update September 2011
The Southern Maryland Real Estate Market has been changing, Current inventory is down and home are selling! Check out this great video on the current market data. September 2011 Southern...
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What Mondays Stock Market Fall Means For You
After a brutal day like Monday August 8th 2011, buying a safe and stuffing it with cash is looking like a very appealing option. For average investors, the damage from Standard...