8,000 Reasons

After a false start, details of the new program that allows home buyers to use the first time home buyer tax credit at closing have finally been released here.  Here are the major points: The program can only be used on FHA-insured loans.  VA, conventional, and other programs are not included. The credit cannot be…

FTC Press Release

This just released today and I am passing it along. It may not apply to you personally, but you may know someone who needs to see this – so please feel free to forward this blog post. Five different companies have been accused of using deceptive practices to market mortgage modification and foreclosure rescue services…

Some Very Interesting Stats

Some very interesting stat comparisons courtesy of Mike Orr at the Cromford Report. Next you can see the Average Annual Price Per Square Foot – based on area: And finally a "market snapshot" that illustrates some interesting comparisons.