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Home Inventory Dwindles Into The New Year

Posted on December 23, 2010 by fhsjiBlog

Existing Home Sales jumped another 6 percent in November, the report’s third month of improvement since bottoming in July. Continue reading →

Posted in Housing Analysis | Tagged Existing Home Sales, Home Supply, Home Values

Housing Starts Rise In November, But With A High Margin Of Error

Posted on December 22, 2010 by fhsjiBlog

The number of single-family Housing Starts increased in November, adding 30,000 units as compared to October. Continue reading →

Posted in Housing Analysis | Tagged Housing Starts, Margin of Error

Foreclosure Activity Plunges (But With An Asterisk)

Posted on December 21, 2010 by fhsjiBlog

November marked the first time since February 2009 that the number of monthly foreclosures filings failed to surpass 300,000 units. Continue reading →

Posted in Housing Analysis | Tagged Foreclosures, RealtyTrac

How To Erase Furniture Scratches With A Walnut

Posted on December 20, 2010 by fhsjiBlog

In this short video from HowCast, you’ll learn how to use a walnut and a soft cloth to erase scratches from furniture. Continue reading →

Posted in Around The Home | Tagged DIY, Furniture Repair

Why Builder Confidence Surveys Matter To Buyers Of New Homes

Posted on December 17, 2010 by fhsjiBlog

Despite an unfavorable HMI reading, home builders might still be less willing to “make a deal”; holding out for a better 2011. Continue reading →

Posted in Housing Analysis | Tagged HMI, Housing Market Index, NAHB

Simple Real Estate Definitions : Loan-Level Pricing Adjustments

Posted on December 16, 2010 by fhsjiBlog

Loan-level pricing adjustments are mandatory loan fees based on a borrower’s specific default risk. Continue reading →

Posted in Real Estate Definitions | Tagged LLPA, Risk-Based Pricing

A Simple Explanation Of The Federal Reserve Statement (December 14, 2010 Edition)

Posted on December 14, 2010 by fhsjiBlog

Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged within in its target range of 0.000-0.250 percent. Continue reading →

Posted in Federal Reserve | Tagged Fed Funds Rate, Federal Reserve, FOMC

Make A Mortgage Rate Strategy Ahead Of Today’s Fed Meeting

Posted on December 14, 2010 by fhsjiBlog

The Federal Open Market Committee holds a one-day meeting today, its 8th scheduled meeting of the year and 10th overall. Continue reading →

Posted in Federal Reserve | Tagged FOMC, Mortgage Rates

Rankings : America’s Best Places To Raise A Family (2010)

Posted on December 13, 2010 by fhsjiBlog

BusinessWeek recently released its America’s Best Place to Raise a Family list. Chicago suburb Tinley Park, Illinois, topped the list. Continue reading →

Posted in Rankings | Tagged BusinessWeek, Family, OnBoard Informatics

Fannie Mae Guidelines Change Monday. Apply Today To Lock In To “Old” Rules.

Posted on December 10, 2010 by fhsjiBlog

Fannie Mae rolls out new mortgage guidelines Monday. Therefore, if you’re in the process of applying for a conforming home loan, consider giving your complete application by the close of business Friday. Continue reading →

Posted in Mortgage Guidelines | Tagged Fannie Mae, Gift Funds, Mortgage Guidelines
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