by Jon Terry | Dec 21, 2011 | Blog, Selling a Home
Recently, the team at Alaris Properties created a new vision board. We would like to share with you some of the things we have on the vision board so you can get to know us better and understand what we are creating. However, before I tell you about any item on the...
by Jon Terry | Dec 16, 2011 | Blog, Mortgage Guidelines
After a brief return to lower, pre-2009 levels, FHA loan limits have been restored. As signed into law the later part of November this year, maximum FHA loan limits are — once again — as high as $729,750. The move creates additional mortgage financing...
by Jon Terry | Dec 14, 2011 | Blog, Mortgage Guidelines
A conforming mortgage is one that, literally, conforms to the mortgage guidelines as set forth by Fannie Mae and Freddie Mac. Conforming mortgage guidelines are Fannie’s and Freddie’s eligibility standards; an underwriter’s series of check-boxes to...
by Jon Terry | Dec 13, 2011 | Blog, Federal Reserve
Tuesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. The vote was nearly unanimous for the second straight month. Just one FOMC member dissented in the vote, favoring...
by Jon Terry | Dec 12, 2011 | Around The Home, Blog
Home improvement projects are booming, expected to cross $110 billion in total volume this quarter. Unlike in recent years, however, the projects aren’t helping to create much new home equity. According to Remodeling Magazine’s Cost vs Value Report...
by Jon Terry | Dec 7, 2011 | Blog, Buying A Home, Buying in a Recession, Housing Analysis, Residential Real Estate, Statistics
If you plan to buy new construction in the Denver area sometime in 2012, don’t expect today’s low prices. Like everything in housing of late, the market for newly-built homes appears to be stabilizing and, in some markets, improving. As foreshadowed by...
