Monthly Archives: March 2012

Home prices ‘bottoming now,’ BofA Merrill Lynch analysts say

Posted on March 22, 2012 by Scott Stephens

Things look better on the home front now compared to late last year, notes Bank of America Merrill Lynch ($9.82 0%), which revised its home price forecast Thursday to say “prices are bottoming now.” In November, BofA Merrill Lynch analysts … Continue reading →

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Realtors: You Get What You Pay For

Posted on March 12, 2012 by Scott Stephens

Should I pay a full commission or Negotiate it. If a full fee was the rule in 2006 when completing a deal was so much simpler, why would you now consider cutting the fee of your agent in today’s tumultuous … Continue reading →

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The Conference Board Consumer Confidence Index® Increases

Posted on March 1, 2012 by Scott Stephens

28 February, 2012 The Conference Board Consumer Confidence Index®, which had decreased in January, increased in February. The Index now stands at 70.8 (1985=100), up from 61.5 in January. The Present Situation Index increased to 45.0 from 38.8. The Expectations … Continue reading →

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One Positive Article After Another

Posted on March 1, 2012 by Scott Stephens

There should be little doubt in anyone’s mind about the direction that the real estate market is going to take this year.  Besides the usual goofiness that is going on the White House & around the rest of the world, most … Continue reading →

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FHA to Raise MIP by 75% April 1st

Posted on March 1, 2012 by Scott Stephens

The Federal Housing Administration will raise mortgage insurance premiums this April in order to repair the health of its emergency fund. The FHA upfront mortgage insurance premium will increase to 1.75% from 1% of the base home loan amount. This … Continue reading →

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