Category Archives: Uncategorized

FHA fees pack a bite

Federal Housing Administration is the leading source of low down-payment loan money in the nation. Its lowest down is just 3.5%, has been raising its loan insurance fees and backing extra loans to applicants with higher credit scores. And it’s getting consistently expensive.   FHA’s new policies and fees are possible to charge the agency […]

National market report

This month’s summary of real estate throughout the US and first in line was Las Vegas’ $415 million reconstruction of Sahara casino and hotel. Next is Orlando’s 38% surge in home sales, 4,700 apartments additional to downtown Chicago, sale of a 496-unit apartment development in Los Angeles for $100.8 million, the $5.21 million sales of […]

Lower Priced Mansions Attract All-Cash Buyers

Miami Beach, long a playground for the rich and famous, is now more accessible. If you consider $3 million, as opposed to $6 million, accessible. About 60% of residents are part-time residents from the North or Europe buying with all cash. The lower prices are affecting everybody. NBA star Shaquille O’Neal recently took a hit […]