Obama and Congress will also likely look at another economic stimulus package, particularly if the outgoing 110th Congress balks at passing new stimulus provisions before the end of 2008.
NAR is pushing for a lame-duck session of Congress to make conforming high-cost loan limits of $729,750 permanent and to eliminate the repayment requirement in the first-time homebuyer tax credit. NAR also want to see heightened consumer protection with a permanent ban on national banks entering real estate brokerage and management. And it wants to ensure Wall Street banks use some of the $700 billion in rescue funds to make mortgage financing available at reasonable costs.
Looking ahead, Congress is expected to take on comprehensive reform of health insurance, infrastructure investment, and climate change—all issues impacting real estate and the real estate profession. On all of those issues, NAR will move aggressively to help shape the debate.
Friday, November 28, 2008
Tuesday, November 11, 2008
Just Listed in Roland Park!
Stunning victorian w/ old world charm yet updated and move-in ready! Fresh paint inside & out, brand new h/w floors w/ inlay on 1st lvl, refinished h/w on upper lvls, updtd heat systm, roof, electric, plumbing- 3 levels of true living space and with an open feel. Enjoy mornings on your wrap around porch and evenings cooking in your well appointed kitchen! This is a Roland Park Must See!
Monday, November 3, 2008
Roland Park Listing Coming Soon!
Coming Soon.....
Beautiful Victorian $599,900 6 Bedroom, 2 Full Baths, huge backyard, newly landscaped, updated throughout, hardwood floor w/ enlay.
This home is currently having its interior repainted but is available for showings before it hits the market, just give me a call.
Beautiful Victorian $599,900 6 Bedroom, 2 Full Baths, huge backyard, newly landscaped, updated throughout, hardwood floor w/ enlay.
This home is currently having its interior repainted but is available for showings before it hits the market, just give me a call.
Wednesday, October 29, 2008
Rooms w/ amazing views! Open House 11/2 12-2pm!
This is an open house you wont want to miss! Come enjoy the beautiful views of the fountain, pond, & trees from this luxurious 3100+ sq ft move-in ready home!
Whether its to see this lovely home or to talk about the current market I would love for you to join me Sunday 11/2 from 12-2pm at 11933 Falls Rd. in Cockeysville.
I hope to see you there!
Monday, October 20, 2008
Meet the Neighbors, Then Buy the House! Saturday Oct. 25th 12-2pm
Check out my featured listing at 403 S. Robinson Street and 3 others while neighbors are out BBQ'ing from 12noon - 2pm. Takes place on the 300-400 blocks of Robinson Street, only 1 block from Patterson Park, and just around the corner from the Creative Alliance. Houses are all eligible for Healthy Neighborhoods loans and possible grants! Visit http://www.southeastcdc.org/index.cfm?go=main.showPage&catID=5&docID=31 for further details or give me a call at 410-493-6854.Customize Your Castle!
MATCHING GRANTS UP TO $10,000 STILL AVAILABLE!*
Healthy Neighborhoods Loans make it easy to make the house you like into the home of your dreams. Always wanted a hot tub? Maybe a kitchen renovation is more your style? Healthy Neighborhoods loans can be used for any repairs or upgrades to your house you would like -- with low interest rates and great buys available YOU can have it all!
Now is a great time to buy a house, rates are low and there are still a few bargains to be found, especially in the neighborhoods of Highlandtown and Bayview. Whether you are looking for the homemade-wine-making, eclectic urban feel of Highlandtown, or the “Oh so Mayberry” feel of the wide porchfront row homes with front and backyards of Bayview, there is a house for you.
Still not sure! Give me and/or the Southeast CDC a call for a neighborhood tour – we’ll show you the ins and outs of these two hidden gems.
* Restriction apply read more
Friday, October 10, 2008
Pending Home Sales Activity Surge!
WASHINGTON, October 08, 2008
Pending home sales activity surged as buyers took advantage of low home prices and affordable interest rates, according to the National Association of Realtors®.
The Pending Home Sales Index,1 a forward-looking indicator based on contracts signed in August, jumped 7.4 percent to 93.4 from an upwardly revised reading of 87.0 in July, and is 8.8 percent higher than August 2007 when it stood at 85.8. The index is at the highest level since June 2007 when it stood at 101.4.
Lawrence Yun, NAR chief economist, said home buyers were responding to improved affordability. “What we’re seeing is the momentum of people taking advantage of low home prices, with pending home sales up strongly in California, Nevada, Arizona, Florida, Rhode Island and the Washington, D.C., region,” he said. "It’s unclear how much contract activity may be impacted by the credit disruptions on Wall Street, but we’re hopeful most of the increase will translate into closed existing-home sales.”
Pending home sales activity surged as buyers took advantage of low home prices and affordable interest rates, according to the National Association of Realtors®.
The Pending Home Sales Index,1 a forward-looking indicator based on contracts signed in August, jumped 7.4 percent to 93.4 from an upwardly revised reading of 87.0 in July, and is 8.8 percent higher than August 2007 when it stood at 85.8. The index is at the highest level since June 2007 when it stood at 101.4.
Lawrence Yun, NAR chief economist, said home buyers were responding to improved affordability. “What we’re seeing is the momentum of people taking advantage of low home prices, with pending home sales up strongly in California, Nevada, Arizona, Florida, Rhode Island and the Washington, D.C., region,” he said. "It’s unclear how much contract activity may be impacted by the credit disruptions on Wall Street, but we’re hopeful most of the increase will translate into closed existing-home sales.”
Grant Programs Encouraging New Home Buyers!
Johns Hopkins Expands Home Buying Grants for Employees
Johns Hopkins recently announced a major expansion of its Live Near Your Work grant program, which encourages employees to buy homes in certain Baltimore neighborhoods. Full-time, benefits-eligible Hopkins employees may qualify for up to $17,000 in down payment and closing cost assistance. The program applies to employees of Johns Hopkins University, Johns Hopkins Hospital, Johns Hopkins Health Care, Johns Hopkins Community Physicians, or Johns Hopkins Bayview. Employees must contribute at least $1,000 toward the down payment and/or closing costs at settlement. Additionally, eligible employees must obtain a certificate documenting the completion of home ownership counseling prior to signing a contract of sale. There are no income restrictions, but the home must be purchased as a primary residence, and graduated repayment provisions do apply, if the home is sold or ceases to be the buyer’s primary residence within five years of the date of purchase. To see more program details and view a map of the targeted neighborhoods go to: www.jhu.edu/lnyw
CHAI Receives Foundation Grant - Charitable Foundation’s Board of Trustees recently awarded Comprehensive Housing Assistance, Inc. (CHAI) a $10,000 grant to support its Housing Services Program. The Foundation’s grant will enable CHAI to deepen its ability to serve clients in foreclosure and financial crisis and increase the emphasis on foreclosure prevention and financial literacy in its educational and counseling services. Since 1983, CHAI has been dedicated to increasing home ownership and economic stability in northwest Baltimore. CHAI’s Housing Services Program provides homebuyer and renovation loans and grants, homebuyer counseling and workshops, foreclosure prevention counseling, referrals to housing professionals, and links to public homeowner assistance programs for potential and existing homeowners in northwest Baltimore City. The Housing Services Program also acquires and renovates neighborhood properties to combat blight and spur neighborhood investment.
Johns Hopkins recently announced a major expansion of its Live Near Your Work grant program, which encourages employees to buy homes in certain Baltimore neighborhoods. Full-time, benefits-eligible Hopkins employees may qualify for up to $17,000 in down payment and closing cost assistance. The program applies to employees of Johns Hopkins University, Johns Hopkins Hospital, Johns Hopkins Health Care, Johns Hopkins Community Physicians, or Johns Hopkins Bayview. Employees must contribute at least $1,000 toward the down payment and/or closing costs at settlement. Additionally, eligible employees must obtain a certificate documenting the completion of home ownership counseling prior to signing a contract of sale. There are no income restrictions, but the home must be purchased as a primary residence, and graduated repayment provisions do apply, if the home is sold or ceases to be the buyer’s primary residence within five years of the date of purchase. To see more program details and view a map of the targeted neighborhoods go to: www.jhu.edu/lnyw
CHAI Receives Foundation Grant - Charitable Foundation’s Board of Trustees recently awarded Comprehensive Housing Assistance, Inc. (CHAI) a $10,000 grant to support its Housing Services Program. The Foundation’s grant will enable CHAI to deepen its ability to serve clients in foreclosure and financial crisis and increase the emphasis on foreclosure prevention and financial literacy in its educational and counseling services. Since 1983, CHAI has been dedicated to increasing home ownership and economic stability in northwest Baltimore. CHAI’s Housing Services Program provides homebuyer and renovation loans and grants, homebuyer counseling and workshops, foreclosure prevention counseling, referrals to housing professionals, and links to public homeowner assistance programs for potential and existing homeowners in northwest Baltimore City. The Housing Services Program also acquires and renovates neighborhood properties to combat blight and spur neighborhood investment.
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