By Toby Boyce on September 2, 2010
Following a sharp drop in the months immediately after expiration of the home buyer tax credit, pending home sales have modestly risen, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator, rose 5.2 percent to 79.4 based on contracts signed in July from a downwardly revised 75.5 in June, [...]
Posted in Real Estate Analysis | Tagged Buying, Real Estate, Selling |
By Toby Boyce on January 18, 2010
I’m usually not a “negative nilly” but I have to admit that when the news that banks were being fraudulent in their short-sale efforts was not shocking to me at all. Diana Olick wrote “Big Banks Accused of Short Sale Fraud” on CNBC that appeared on Friday. Olick’s findings were that banks with second liens [...]
Posted in General News, Real Estate Analysis | Tagged Delaware, Ohio, Real Estate, Selling, short sale |
By Toby Boyce on January 16, 2010
Ohio House of Representatives passed a bill in May that would have put together a six-month moritorium on foreclosures if the home-owner can pay up to one-half of the amount due. WOSU’s Bill Cohen has a nice piece they distributed on their Web site today about where the bill stands. Basically, it hit the Republican-led [...]
Posted in Real Estate Analysis | Tagged foreclosure, Real Estate, Selling |
By Toby Boyce on January 16, 2010
In a surprise move, the U.S. Department of Housing and Urban Development (HUD) has announced that beginning on February 1, 2010 it will rescind its three-month moritorium on selling a home for one year. “As a result of the tightened credit market, FHA-insured mortgage financing is often the only means of financing available to potential [...]
Posted in Real Estate Analysis | Tagged Buying, HUD, Real Estate, Selling |
By Toby Boyce on July 1, 2008
by David Reed, CD Reed Mortgage Owner financing has been a popular practice in previous real estate downturns. Current market conditions and upheavals in the mortgage industry have given rise to a new-found interest in this idea. If you own your property outright, have a need to sell in a soft market and are interested [...]
Posted in General News, Real Estate Analysis | Tagged Banker, estate, Finance, mortgage, Owner, real, Selling |
By Toby Boyce on December 17, 2007
Welcome home to 291 North Washington Street in Delaware’s historical Northwest District. This home has been updated over the past five years and has a lot to offer someone looking to live in a traditional home in the heart of Delaware. For more information contact Toby Boyce at (740) 990-9748 or send him an e-mail.
Posted in Delaware Real Estate, Real Estate Analysis, Toby's Take | Tagged 291, Buying, Commission, Delaware, estate, For, North, real, Sale, Selling, Street, Washington |