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via the Wall Street Journal Prices Are Generally Falling, But a Few Markets Have Shortages of Midpriced Homes By JAMES R. HAGERTY Falling home prices are starting to ignite bidding wars in a few parts of the U.S. as first-time buyers compete with investors for the same foreclosed properties. In most of the nation, the […]

via the California Association of Realtors To help provide first-time home buyers with peace of mind when purchasing a home, the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) Housing Affordability Fund is offering a new mortgage protection program to first-time home buyers. Through the C.A.R. Housing Affordability Fund’s Mortgage Protection Program, first-time home buyers who lose their […]

via realtor.org H.R. 1, the “American Recovery and Reinvestment Act of 2009,” passed the House on February 13, 2009, by a vote of 246 – 184. Later that day, the Senate also passed the bill by a vote of 60 – 38. The President signed the bill on February 17, 2009. The bill is a […]

As always, email tom@afirealestate.com to continue the discussion.  We look forward to hearing from you. Mortgage Rates are down a little bit this week BUT today and yesterday have both seen a slight trend upward (which the press hasn’t mentioned) trend mainly due to weaknesses shown in the Jobs report. The DOW stock average managed […]