C21AGVoices

A “Short Sale” is when a home seller sells his home for a lesser amount than what is owed on his mortgage, and the mortgage lender agrees to accept the lesser amount in lieu of a full payoff.

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There’s a lot of talk on CNBC and elsewhere about what’s coming in 2010. Before you take those predictions to the bank, just remember that analysts do a much better job interpreting data from the past than projecting it into the future.

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More positive signals from housing — home values are still on the rise. According to the Federal Housing Finance Agency, after posting its first quarterly increase since 2007 this past September, the Home Price Index rose by another 0.6 percent in October. Prices are up in 4 of the last six months.

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Except for the first three years of my life and the time I spent in college, my life has been in Philly and I don’t understand anyone that doesn’t appreciate this city. Although my residence is in a suburb of Philly, Elkins Park, I spend a lot of time in the city and enjoying all […]

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Image via Wikipedia It seems clear if you have never owned a house that you are eligible for the $8,000 first time home buyer tax credit. But many consumers have different situations and have been asking me questions about the tax credit and if their situation  would allow them to be eligible. The new tax […]

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Image by reeltor99 via Flickr As Congress discusses a 6 month Extension of the First Time Home buyer Tax Credit with an additional credit for repeat home buyers, the results of the initial credit seem to be obvious when we look at the Pending Sales Market statistics from September for Philadelphia and surrounding counties. Pending […]

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Image via Wikipedia The First Time Home Buyer’s Tax Credit has had a great impact on the housing market this year. In the industry we have watched the market get better every quarter this year, due in large part to the numbers of first time home buyers that came into the market to get their […]

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IMG_0745, originally uploaded by reeltor99. Well maybe not everybody, and maybe not quite recovered yet, However a consensus of several major real estate groups says that 2010 is the time for the expansion of the real estate market. According to several studies, the market of 2009 will mark the end of the real estate “contraction” […]

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I don’t mean to be sexist in the title of this post, especially since there are so many women involved in the organizations, both charitable and social media centered that are the focus of this post, but the term is a natural when you talk about Philadelphia and charity at the same time. I attended […]

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It seems that this may be another in what is appearing to be a string of articles about the possibly recovering housing market. After years of continuous bad news, the housing market continues to surprise.  Last week, the latest good news came in the form of the monthly Existing Home Sales report. An “existing home” […]

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