Posts Tagged ‘eugene/springfield oregon’

The Pathway To Your New Home Read More

Now, don’t get me wrong, I want the recession to be over. I want housing values to start to rise again. I want to see more and more people back to work. However, saying the recession is over, doesn’t make it true. Home values have not started ticking up in most places around the country. Unemployment rates have not magically started going lower. Factory production hasn’t experienced a huge increase. But all of that could be good news for many people wanting to get into their first home. Read More

The sand is running out on the $8000 first time home buyer tax credit. There are now just over 100 days remaining to take advantage of the government program designed to assist the housing market recovery while helping first time home buyers. Read More

FHA and VA loan application surged to the highest level since 1990 in June. Check out with the Eugene Loan Guy, Fred Chamberlin, has to say about it for the Eugene/Springfield Oregon area. Read More

Believe it or not, a first time home buyer is not necessarily someone that has not owned a home previously. A first-time homebuyer is any person who has not owned a home in the previous three years. So even if you have owned a home in the past but have not owned a home in the last three years you qualify as a first-time homebuyer. Just so you know, this is 36 months at closing, not 35 and a half. So you could qualify for the $8,000 tax credit if you purchase a home before December 1, 2009 and haven’t owned a home in three years. Read More

Today, I attempt my first video update on what is happening in the Interest Rate Market and why. I am trying to explain the Mortgage Backed Securities Market and hopefully how it effects the Real Estate Market in the Eugene/Springfield Oregon area. (Unfortunately, it seems to be working like a Japanese horor film on the lip sync. Will work on that.)
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