Agents along the U.S. Gulf Coast are reporting a dramatic surge in buyers backing out of deals of what used to be prime beachfront real estate.
JohnHart Real Estate
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Original Field of Dreams Movie Site For Sale
Talk about a great backyard. From home plate to your home would only be a few hundred feet away. The owners of the original Field of Dreams movie site in Iowa is putting the property up for sale. Don and Becky Lansing stated they love the land, which has been in the family for more […]
$150 Million California Home For Sale
Candy Spelling, widow of Beverly Hills 90210 producer, Aaron Spelling and mother of Tori Spelling is putting their home, “The Manor” up for sale after 20 years. What sets this home apart from others? About $150,000,000… you didn’t read that wrong. According to Forbes, the $150 million price tag sets the record for the most […]
$8,000 Tax Credit Extended for Armed Service Members
If you are a qualified service member, the $8,000 tax credit will be extended for one full year until April 30th, 2011.
Fannie Mae Reduces Post Short Sale Waiting Period
Fannie Mae is loosening its grip on its previous rules and allowing buyers to apply again in as little as two years.
$8,000 Tax Credit Expires This Friday
If you plan on taking advantage of the $8,000 first-time homeowner tax credit, you better hurry.
Moby Purchases $4 Million Hollywood Hills Castle
World famous DJ, producer and singer/songwriter, Moby has recently purchased Wolf’s Lair in the Hollywood Hills for nearly $4,000,000.
Housing Price Declines
Has the effort to improve loan modification programs decreased the chances of housing price decline? Experts have stated that not only does loan modification efforts slow price decreases it might also take a longer time for the housing market to reach bottom limits. At the end of 2009 we saw a 5% decline instead of […]
Tax Increase
The more money you make, the more the government takes from you. Families earning more than $250,000 are considered well off and are in the 35% tax bracket. Soon the bracket is expected to increase to 39%. Somebody has to pay for all the debt our country is in; apparently government has decided that somebody […]
Rates for the Week of April 15, 2010
Rates had decreased this week compare to last week. Last week a 30-year fixed loan was 5.21%, this week it has dropped to 5.07%. Rates for a 15-year fixed loan last week were 4.52% last week, this week it is 4.40%. Economists state that low inflation keeps the interest rates from increasing.