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December 2011 - Posts

What's in Store for Housing in 2012?

The worst for the housing market may finally be over, according to housing experts in a recent article in Kiplinger. After median home price have dropped nearly 40 percent nationwide, a rebound is taking shape -- although, housing experts say, the market

CHRISTMAS EVE 1881

I was touched by this, I know it's long, but I believe you may enjoy Have a Merry Christamas and a Happy New Year CHRISTMAS EVE 1881 Pa never had much compassion for the lazy or those who squandered their means and then never had enough for the necessities.

Record $88 Million Sale for NYC Condo

Russian billionaire Dmitriy Rybolovlev is reportedly paying the full asking price of $88 million for a New York City condo for his 22-year-old daughter, considered the highest individual transaction ever recorded in New York City, according to Forbes.

Americans Eager to Buy, Sellers Aren’t Happy?

Nearly 80 percent of home buyers say now is a great time to buy a home, but sellers say it’s not a great time to sell, according to a new study, “The Great Recession and Attitudes Toward Homebuying,” released this week by the Mortgage

Existing-Home Sales Continue to Climb in November

--> Existing-home sales rose again in November and remain above a year ago, according to the National Association of Realtors ® . Also released today were periodic benchmark revisions with downward adjustments to sales and inventory data since 2007,

What Happened to These Famous Holiday Movie Homes?

--> The homes featured so prominently in movie classics like “A Christmas Story,” “Miracle on 34th Street,” and others are still standing tall today. So what’s come of them? In a blog, Zillow recently highlighted some of

5 Cities With Big Holiday Spenders

The holidays are big-spending season, and shoppers are expected to spend, on average, $646 on gifts this year, according to the American Research Group. So which cities will spend the most during the holidays? The following is a recent list of the expected

Just in time for the holidays

Mortgage rates reached new all-time lows this week, pushing home buyer affordability even higher, Freddie Mac reports in its weekly mortgage market survey. "Rates on 30-year fixed mortgages have been at or below 4 percent for the last eight weeks

Current Market Statistics in Golden isles

In the Golden Isles there have been a total of 1483 closed sales from January 1 st to December 12th 2011 compared to 1230 from January 1 st to December 13th 2010. The average selling price for that period in 2011 is $211,077 compared to an average selling

5 Things To Do NOW If You Want to Buy A Home In 2012

If you’re one of the millions who has an eye on 2012 as the year in which you’ll buy a home (first or not), here are five things you can do now to put yourself on the right path: 1. Check your credit. Take my word for it: there is no bad surprise

Foreclosure Alert: Banks Clearly Preparing For REO Avalanche

It is not unusual to see foreclosures slow for the holidays, and the this year is no exception. Foreclosure starts were up slightly in Nevada and Washington, but the increases were insignificant given the recent declines in those states due to legislative

Want A Payroll Tax Cut? Be Prepared For HIGHER Fannie/ Freddie Fees

Democrats and Republicans both support extending the payroll tax cut, and they both agree that the cost of the extension should be offset through changes elsewhere in the budget. The idea coming from the Democrats idea that is to…. pass the expense

Thoughts..

“Be willing to go out on a limb with Me. If that is where I am leading you, it is the safe place to be. Your desire to live a risk-free life is a form of unbelief. Your longing to live close to Me is at odds with your attempts to minimize risk.
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Report Predicts Drop in Delinquencies Next Year

--> The number of borrowers behind on their mortgage payments is expected to drop sharply by the end of next year, according to a new report released by TransUnion. Mortgage delinquency rates reflect the ratio of borrowers 60 or more days behind on their

5 Things to Do Now to Get Your Home Sold in 2012

It’s that time of year when most of us start to count our blessings, look back at what we’ve accomplished in 2011 and think about what we’ll get done in 2012. If selling your home is part of your resolution list for next year, there’s

Daily Thought

“Your needs and My riches are a perfect fit. I never meant for you to be self-sufficient. Instead, I designed you to need Me not only for daily bread but also for fulfillment of deep yearnings. I carefully crafted your longings and feelings of incompleteness,
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