Mortgage Calculator App
August 9, 2011 by John Abry · Leave a Comment
Our Mortgage Calculator gives you instant access to discover your monthly payment on any house. This easy-to-use calculator will tell you the exact monthly payment of a home based on: • Loan Amount • Interest Rate • Term • Mortgage Insurance • Property Taxes • Home Owner’s Insurance • and now includes an optional second [...]
Key features of the new housing rescue plan
April 6, 2010 by John Abry · Leave a Comment
Key Features of the New Housing Rescue Plan The government’s newest housing rescue effort, which was announced Friday, includes these key tenets: As much as $14 billion of the Troubled Asset Relief Program (TARP) will be made available to pay for writing down second liens for loans whose borrowers refinance through the Federal Housing Administration. [...]
Only 1 Month Left to Qualify… Don’t Miss Out on the Tax Credit!
March 29, 2010 by John Abry · Leave a Comment
For those who might be on the fence about taking advantage of the federal home buyers tax credit: Last November, the government expanded and extended the new Homebuyers Tax Credit. According to the program, first-time homebuyers are eligible for a tax credit of 10% of the purchase price of the home, with a maximum credit [...]
What’s happening with Real Estate?
March 22, 2010 by John Abry · Leave a Comment
What’s happening with Real Estate?, Is Condo Life for You?, Simple Steps for Spring Cleaning Without the Stress, 3 Ways to Tell if Freelance Life Is Right for You, The Latest on Reverse Mortgages, Want To Win A Gift Certificate to Checkerberry Car Wash? All this and more in the latest issue of the News [...]
Waiting to purchase a home could cost you thousands more this spring
February 1, 2010 by John Abry · Leave a Comment
Waiting a few extra days or weeks to purchase a home this spring could cost buyers thousands of extra dollars as the office of Housing and Urban Development (HUD) implements several changes for loans guaranteed by the Federal Housing Authority (FHA). Coming just weeks before the April 30 deadline for the Home Buyer Tax Credit [...]
FHA Lending Policies Changing Again
January 25, 2010 by John Abry · Leave a Comment
Mortgage rules and guidelines continue to change almost daily. The following FHA announcement was just emailed to me by mortgage broker Rose Marie Ryea at Mortgage Financial Services. New Lending Policies Announced by FHA If you were listening to the housing news last week, you probably heard a number of reports about lending changes that [...]
Will the $8,000 federal tax credit be extended?
October 21, 2009 by John Abry · Leave a Comment
The market continues to plug along here in Chittenden County. According to the local MLS, as of October 1st, there were 952 homes listed for sale in Chittenden County which is only 33 more than the same time last year. The average time on market was 131 days. The absorption rate (which is the amount [...]
Pending home sales on a record roll
September 29, 2009 by John Abry · Leave a Comment
Contract activity for pending home sales nationally has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors®.The Pending Home Sales Index, a forward-looking indicator based on contracts signed in July, increased 3.2 percent to 97.6 from a [...]
09.05.09 – Here’s what’s happening in real estate in Chittenden County
September 2, 2009 by John Abry · Leave a Comment
The real estate market activity during this past month is bustling. Our office has had two near record months in a row. First time home buyers are still leading the charge in an attempt to capitalize on the $8,000 federal tax credit which is due to expire this November 30th. So, if you know of [...]
Housing numbers: What they mean to buyers and sellers
August 23, 2009 by John Abry · Leave a Comment
This article was part of a recent broadcast on Real Estate Today. Real Estate Today is a radio show that is produced by the National Association of REALTORS® and broadcast in markets nationwide. The show is designed to open doors for buyers and sellers with critical and credible information on the real estate market. It’s [...]