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Recent News:

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Category: RE News

Interest Rates, Housing Market and The Economy

Politics & Econ, RE News February 26, 2010May 2, 2022 JohnHart Real Estate 1 Comment

We have been on a crazy ride with the housing market, fluctuating interest rates and the economy. S&P/ Case-Shiller • Home price index has dropped 2.5% compared with last year’s index • End of 2008, home prices had fallen 18.2%, compared to 2007 • Increase of 0.3% in home prices in December and November • […]

The Extent Lenders Are Willing to Go

Misc., RE News February 25, 2010May 2, 2022 JohnHart Real Estate 2 Comments

Lenders and borrowers have been going through a tough battle over loan modifications.  Some lenders are willing to help, while others are not as cooperative. What one lender is considering: Loan Value Group LLC is considering paying underwater homeowners, who can afford their mortgage payments, in hopes that they will keep their homes instead of […]

Those With Jumbo Loans Are Struggling

Misc., RE News February 17, 2010May 2, 2022 JohnHart Real Estate 2 Comments

What is a jumbo loan? A jumbo loan allows for individuals to borrow over a certain amount. Amount: $417,000 from 2006 to 2008. Then the amount was increased in the beginning of 2008 to $729,750. Now back down to $417,000. What market is this type of loan aimed toward? Usually, high income families looking to […]

Whose Fault Is It? The Never Ending Argument

Misc., Politics & Econ, RE News July 11, 2008May 2, 2022 JohnHart Real Estate 0 Comments

Since the beginning of the foreclosure crisis, two main camps developed.

Home Renovations

Misc., RE News December 13, 2007August 30, 2012 JohnHart Real Estate 0 Comments

Improvements made to the home can help sell the property much faster.

Home Renovation Expected To Rise 2010

Misc., RE News December 13, 2007May 2, 2022 JohnHart Real Estate 0 Comments

Home remodeling is expected to grow this year by 5% from 2009

Tax Credit Extended

Industry, RE News May 9, 2006May 2, 2022 JohnHart Real Estate 0 Comments

On March 25, 2010 California Gov. Arnold Schwarzenegger signed a new bill… Up to $10,000 tax credit will be available.

Should you race to buy a house or take your time?

RE News May 17, 2000May 2, 2022 JohnHart Real Estate 0 Comments

One month remains for the federal Home Buyer Tax Credit, most are racing to close their purchase by June 30 to qualify for $8k tax credit.

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