According to the government, 431,000 jobs were created in May, but of those new jobs, 95.4 percent represented temporary staffing for the 2010 Census. Home affordability is improving on the report.
Entries from June 2010
May 2010 Jobs Report Gives A Temporary Boost To Home Affordability
June 4th, 2010 · Comments Off on May 2010 Jobs Report Gives A Temporary Boost To Home Affordability
The Right Way To Take A Cash Gift For Downpayment
June 4th, 2010 · Comments Off on The Right Way To Take A Cash Gift For Downpayment
As lenders tighten mortgage guidelines, minimum downpayment requirements are increasing. It’s leading to an increase in the number of buyers accepting cash gifts from family. There’s a right and wrong way to accept a gift.
Tags: Mortgage Guidelines
Home Opportunity Index Ranks 225 Metro Areas For Affordability
June 3rd, 2010 · Comments Off on Home Opportunity Index Ranks 225 Metro Areas For Affordability
With home prices still relatively low and mortgage rates trolling near their all-time best levels, home affordability is extraordinarily high in most U.S. markets.
Tags: Home Values
Home Price Index Rises 0.3% in March 2010
June 2nd, 2010 · Comments Off on Home Price Index Rises 0.3% in March 2010
Home values rose in March, according to the Federal Home Finance Agencyâs most recent Home Price Index. Values were reported higher by 0.3 percent, on average, from February.
Tags: Home Price Index
The Supply Of New Homes For Sale Just Dropped Off A Cliff
June 1st, 2010 · Comments Off on The Supply Of New Homes For Sale Just Dropped Off A Cliff
At the current sales pace, the nation’s complete supply of new homes would be sold in just 5 month’s time. That’s more than double the pace of a year ago.
Tags: New Home Sales