
The Obama Administration has introduced a comprehensive Financial Stability Plan. A critical piece of that effort is Making Home Affordable, a plan to stabilizethe housing market and help up to 7 to 9 million Americans reduce their monthly mortgage payments to more affordable levels...

Congress both extended and expanded theFirst-Time Home Buyer Tax Credit program Thursday. The White House says the President will sign it into law today...

Homebuyer Tax Credit Update! On November 6, 2009, President Obama signed a bill to extend the tax credit for first-time homebuyers (FTHBs) through June 30, 2010. The bill also opens up opportunities for others who are not buying a home for the first time...

The Federal Open Market Committee voted to leave the Fed Funds Rate within its target range of 0.000-0.250 percent. In its press release, the FOMC noted that the U.S. economy “has continued to pick up” since the September FOMC meeting and that housing market activity has increased. It...

The housing market continues to steam forward. As reported by the National Association of Realtors®, the Pending Home Sales Index posted its 8th consecutive monthly gain in September....

This weekend, the sun set on another season of Daylight Saving Time. The extra daylight we now enjoy was actually the result of the Energy Policy Act, which was enacted by Congress back in 2005...

PMZ Real Estate The AP reports that Stanislaus County was the 15th hardest hit county in America as far as economic stress. Other local counties who made the top 20 list were: San Joaquin County at number 8 and Merced County at number 6.
Source: www.huffingtonpost.com
The economic recovery is proceeding unevenly in its early stages, with areas hurt most by the housing slump still lagging behind other regions, according to The Associated Press' monthly analysis of economic stress in more than 3,100 U.S. ...

Mortgage markets improved last week after a series of hugely volatile trading sessions.Rates carved out a wide range on the week, culminating in a late-Friday plunge that dropped rates by about 1/8 percent. It was the first time in 5 weeks that mortgage rates fell...

Source: www.bloomberg.com
Congress could approve extensions of an $8,000 first-time homebuyers’ tax credit and unemployment benefits as soon as Nov. 3, Senate Majority Leader [bn:PRSN=1] Harry Reid [] said.

PMZ Real Estate Funny yet AWESOME local Real Estate commercial
Source: www.youtube.com
Cullman Liquidation is the 2nd local commercial of our I Love Local Commercials Series sponsored by MicroBilt ( http://ilovelocalcommercials.com ) -- Nominate your favorite local business for a FREE local ...

Some days, newspaper headlinesare aterrible place toget your real estate news. Today is one of those days...

For August, the Case-Shiller Index showed annual home values improving across 19 of 20 U.S. markets. It’s the first time in 3-plus years that the benchmark housing index has shown such strength. ...













