FHA-approved lenders received the go-ahead to develop bridge-loan products that enable first-time buyers to use the benefits of the federal tax credit upfront, according to eagerly awaited guidance from the U.S. Department of Housing and Urban Development on so-called home buyer tax credit loans that was released today.
Under the guidance, FHA-approved lenders can develop bridge [...]
Archive for May, 2009
HUD: Tax Credit Can Be Used on Closing Costs
Posted in Positive Economic News, Real Estate News on May 29, 2009 | Leave a Comment »
RE/MAX Allegiance Hosting Local Blood Drive for Children’s Miracle Network
Posted in Premier Community Citizenship, RE/MAX Allegiance News, tagged Children's National Medical Center, Children's Miracle Network, CMN, Premier Community Citizenship, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance on May 27, 2009 | Leave a Comment »
FOR IMMEDIATE RELEASE:
Contact:
Deborah Forrest
RE/MAX Allegiance
703-562-1507
Deborah.Forrest@rmxtalk.com
www.MyAllegianceHome.com
RE/MAX Allegiance Hosting Local Blood Drive for Children’s Miracle Network
(Burke, VA, May 22, 2009) – RE/MAX Allegiance is hosting its first annual blood drive to benefit Children’s National Medical Center. The bloodmobile will be located in front of Panera Bread on Kingstowne Village Parkway in the Kingstowne Centre on June 2, [...]
Master Recruiter?
Posted in Listing Info, RE/MAX Allegiance News, Real Estate News, Selling Info, tagged 30 Under 30, Keller Williams, KW, RE MAX, RE MAX Allegiance, RE MAX Allegiance Burke, RE MAX Allegiance Leesburg Pike, RE/MAX, RE/MAX Allegiance, RE/MAX Allegiance Burke, RE/MAX Allegiance Leesburg Pike, Realtor 30 Under 30 on May 26, 2009 | 2 Comments »
While perusing the latest REALTOR Magazine 30 Under 30 issue, one winner’s profile really caught my eye. Titled “Master Recruiter,” the profile explained the recruiting prowess of a Keller Williams manager in New York. I am leaving her name out of this post, as I did not create this blog to disparage anyone, but apparently [...]
Housing Affordability Surges to Highest Level in 18 Years
Posted in Positive Economic News, Real Estate News, tagged Housing Affodability, Housing opportunity Index, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance on May 22, 2009 | 1 Comment »
RISMEDIA, May 20, 2009-Nationwide housing affordability jumped 10 percentage points during the first quarter of 2009 to its highest level since the series began 18 years ago, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). The HOI showed that 72.5% of all new and existing homes sold in the first [...]
Tax Credit Explanation Video
Posted in David Knox, Positive Economic News, Selling Info, tagged David Knox, First Time Home Buyer Tax Credit, First Time Homebuyer Tax Credit, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance, Tax Credit on May 21, 2009 | Leave a Comment »
As I stated last week, there continues to be confusion about the tax credit. The video below, by David Knox, is a great explanation. If you have yet to contact your sphere of influence regarding the tax credit, you’ve got some important work ahead of you!
Treasury Announces Short-Sale Streamline
Posted in RE/MAX News, Real Estate News, tagged Foreclosure Alternatives Program, HUD, Miky Ryan, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance, Short Sales, Tim Geitner on May 20, 2009 | Leave a Comment »
The U.S. Treasury Department last week unveiled a plan designed to streamline and encourage short sales, a move RE/MAX leaders have been advocating for some time.
Under provisions of the newly created “Foreclosure Alternatives Program,” the process will soon include standardized documentation, cash incentives to lenders and moving allowances for homeowners.
RE/MAX International supports the government’s [...]
RE/MAX Debuts New Commercial Featuring CEO Margaret Kelly
Posted in RE/MAX News, tagged Century 21 Commercials, Margaret Kelly, RE MAX, RE MAX Allegiance, RE MAX CEO, RE MAX Commercial, RE MAX TV, RE/MAX, RE/MAX Allegiance, RE/MAX Commercial, RE/MAX TV, REMAX CEO on May 19, 2009 | Leave a Comment »
While C-21 has completely cut television advertising and other brands have never advertised on television at all, RE/MAX has debuted a new commercial featuring Margaret Kelly, CEO of RE/MAX International. Check it out below:
Brian Block on Fox News
Posted in RE/MAX Allegiance News, Winners, tagged Brian Block, Maryland Income Tax, Neil Cavuto, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance, Virginia Income Tax on May 18, 2009 | Leave a Comment »
Brian Block, Branch Vice President for the McLean office, was interviewed for several minutes on Neil Cavuto’s Fox News show last week. Brian discussed the tax rate on high income people and the differences in the rate between Maryland and Virginia. Cavuto’s producers found Brian through his blog. Quite a nice commercial for Brian and [...]
NAR Summit
Posted in Politics, Positive Economic News, Real Estate Education, tagged Alan Greenspan, Making Home Affordable, NAR Summit, RE MAX, RE MAX Alegiance, RE/MAX, RE/MAX Allegiance, Robert Reich, Ron Insana, Shaun Donovan, Sheila Bair on May 12, 2009 | 1 Comment »
I attended the NAR Summit on Tuesday in Washington. Here are a few quick highlights:
Robert Reich was the keynote speaker for the legislative and political forum. The former US Secretary of Labor described these good signs:
- housing market showing signs of improvement
- job loss rate dropping
- business inventories reducing
Reich stated that the government is always [...]
