Homes at the Jersey Shore – Atlantic and Cape May Counties – Wagner Real Estate Group
There has been a lot written about how buying a home is less expensive than renting one in many parts of the country. Rents are skyrocketing and homes are at bargain prices. These two situations are also causing some sellers to consider renting their home instead of selling it. After all, they can get great [...]
Posted: Thursday, August 25, 2011 5:12 pm | Updated: 7:21 am, Fri Aug 26, 2011. Atlantic County officials have ordered a mandatory evacuation of all shore communities, effective 6 a.m. Friday. A voluntary evacuation begins at 8 p.m. Thursday. The evacuation was ordered by the Atlantic County Office of Emergency Preparedness.
Thursday, August 18th, 2011, 11:53 am The workforce in New Jersey is one of the nation's most educated, but residents remain entangled in a web of financial troubles with the state's delinquent mortgage rate sitting at 10% percent. Federal Reserve Bank of New York president William Dudley made that assessment while speaking to a New [...]
Tara Steele | August 15, 2011 | 73 Comments Fannie Mae’s current role This spring, we reported that eight bills had been introduced to wind down Fannie Mae and Freddie Mac while a bill was introduced this summer to merge the two government sponsored entities that together own or guarantee the majority of home loans [...]
After much hype about the possibility of an elimination of the mortgage interest deduction (MID) as part of the debt ceiling agreement, the August 2nd accord included no such provision. However, the new law does call for major deficit reductions – $2.4 trillion total – to go into place over the next several years. A [...]
RISMEDIA, July 7, 2011—When it comes to seller contributions, the real estate and mortgage industries are well overdue for a new way of thinking. That’s because the majority of agents (and buyers and loan officers, too) simply think the only use for seller contributions is to cover closing costs, and that means you’re missing out [...]
Friday, July 29th, 2011, 7:38 am Americans continue to limit spending and the economy rose at a rate of 1.3% in the second quarter, according to the first Commerce Department estimate for gross domestic product for the period. Analysts polled by Econoday expected GDP growth of 1.9% for the three months ended June 30 [...]
Friday, July 29th, 2011, 2:41 pm The U.S. homeownership rate in the second quarter dropped to its lowest level in 13 years, according to the Census Bureau, with analysts expecting even more drops ahead. The homeownership rate fell to 65.9%, down one percentage point from a year ago. It’s the lowest level measured since [...]
Tuesday, July 26th, 2011, 11:37 am Ocwen Financial Corp. (OCN: 12.98 -0.61%) launched a new modification program to reduce the principal on a mortgage for delinquent borrowers, while compelling them to share in the future appreciation of the home’s value with the investor. Mortgage modifications will only be available for homeowners in negative equity. [...]
Thank God I Didn’t Buy Gold at $400 an Ounce by The KCM Crew on July 27, 2011 · 0 comments in For Buyers,Pricing Share We hope that headline grabbed you. The reason we used it was to bring some perspective to the debate as to whether or not homeownership is a wise investment in [...]
