No one was really sure what was going to happen once the stimulus money expired on April 30, 2010. We have been pleasantly surprised to see that many calls are continuing to come in and people still want to buy and sell their homes! This activity is certainly a good indication that the housing market may [...]
Yesterday I talked with some people who had purchased their home from Hometown Realty a number of years ago here in Hutchinson, MN. They have both retired and had received a call about refinancing their home and reducing the number of years left to pay on their mortgage to 15 years (currently they have 25 [...]
It took us long enough to get the word out to everyone that the stimulous package that was passed earlier this year has a wonderful GIFT in it for people who have not owned a home for three years! This GIFT will be given to buyers who occupy their home by the end of November, [...]
The mortgage business has gone from lending money to anyone that has a pulse to scrutinizing absolutely every little thing when a buyer's application is submitted for approval. This isn't all bad, it's just that the buyers have to be absolutely squeaky clean with no unanswered questions in order to get a mortgage today. I'm [...]
Finally, the media is reporting the good news that is happening in the real estate market. We've seen so much negative print over the past year, that we are elated that the media has decided to recognize positive happenings in the real estate market. Pending sales are out performing last year by some 24+ percent [...]
