Yes, there are a lot of homes on the market but this market also offers many opportunities!
For those buying their first time home, you can purchase a home at a very competitive price, keeping in mind, you need to have good credit & some money saved for a downpayment. The days of 100% are nothing but a memory, making homeownership more of a privlige. instead of a right!
For those of you wanting to move up, what a great time!! Yes, you may have to take a liitle less for your home but you can also buy your dream home for less also!!!
Local real estate market hopes for fed’s help
Rich Van Wyk /Eyewitness News
Indianapolis - A credit crisis still faces home buyers across Indiana even after the government promised to bail out the companies that own about half the home loans in the nation.
However, there are signs of help coming to the real estate industry. Thirty-year fixed rate mortgages dipped three tenths of a point. That’s encouraging to a ma...
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Daniels vows to sign GOP’s property tax proposalFrom: geistblogs.com
Post Date: 2008-03-07 08:14:18
Gov. Mitch Daniels said Thursday he’d sign into law a property tax proposal crafted by House and Senate Republicans, and he dared Democrats to oppose it.
GOP lawmakers pitched their plan as the answer to the state’s property tax crisis by providing $950 million in immediate relief, placing permanent caps on tax bills and creating stiff controls on local government spending.
“If this isn’t good enough for somebody, then they don’t want to cap property taxes,R...
more WOW……it’s official……FHA has raised their mortgage limits in Marion, Hamilton, Boone and Hendricks CountiesFrom: geistblogs.com
Post Date: 2008-03-06 12:15:03
They have increased from $200,160 to $271,050.  What does this mean…..more listings that can be sold to buyers who don’t have the larger down payment or sparkling credit.
I can’t emphasize enough how fantastic this is for all of us. The market has made the rates on FHA just as attractive as Conventional….and the PMI isn’t as costly. So, at the end of the day, your seller might be able to sell their home….or your buyer can get into a home that,  in the past,  w...
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