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February 2009 - Posts

Friday, February 13, 2009 10:29 PM

Modified First Time Buyer Tax Credit Explained

Your friend in the Real Estate business, Shelli Dore Find me on Facebook! Connect with me on LinkedIn! ...Remember! The next time you are in a conversation with someone who is thinking about a move - IN ANY CITY OR STATE IN THE US OR CANADA - call me
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Friday, February 13, 2009 5:55 PM

Federal Economic Stimulus Plan Update

The Economic Stimulus Bill (The American Recovery and Reinvestment Act of 2009, H.R. 1.) has been reconciled by the House and Senate. The details of the legislation are now being reviewed by House and Senate offices, as well as NAR staff experts. Congress
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Friday, February 13, 2009 8:46 AM

White House, Congress Reach Final Compromise on Stimulus ~ $8000 Tax Credit for First Time Home Buyers

RISMEDIA, February 13, 2009—(MCT/RISMedia)—Congress is now poised to approve a $789 billion economic recovery plan that includes billions of new dollars to help states pay education and health costs as well as tax breaks for those who buy
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Thursday, February 12, 2009 7:04 AM

Lower rates spark refinancing mortgage boom

Anderson, a retired engineer with a little more than $120,000 left on his mortgage for his Lakewood home that has been appraised for $350,000, got his wish late last week and exchanged his old rate of 6.375 percent for the new 30-year fixed loan of 4.75
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Wednesday, February 11, 2009 6:54 PM

Big news for Real Estate investors!

Fannie Mae has released an update to current investor limitations. Currently you can have no more than 4 mortgages on properties, in the April release Fannie Mae has amended that back to 10 properties with mortgages! There are restrictions what I am aware
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Tuesday, February 10, 2009 7:35 AM

Census: Colorado among fastest growing states

Colorado was among the five fastest-growing states the year between July 1, 2007, and this July. Estimates release on December 22nd by the U.S. Census Bureau show Colorado, Texas and North Carolina each grew at 2 percent. Colorado's population increased
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Monday, February 09, 2009 10:42 AM

Free Movie Monday! 2/9/09

Hi all! Here is today's free REDBOX movie code for today, Monday 2/9/09: 25CH63 Pass this along to your friends and be sure to use this code by the end of the day! Visit www.Redbox.com for locations and information. Your friend in real estate, Shelli
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Monday, February 09, 2009 7:17 AM

Pending Home Sales Rebound

The Pending Home Sales Index , a forward-looking indicator based on contracts signed, rose 6.3 percent in December and was 2.1 percent higher than December 2007, according to new data released by NAR this morning. The association’s Housing Affordability
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Sunday, February 08, 2009 4:00 PM

MenuForTheWeek.com – A great new service for busy families!

I cannot tell you how much I love www.MenuForTheWeek.com . It has been a life saver! I had never really liked cooking. It always seemed like one more chore for me. …That is, until I found Menu For The Week. Now I look forward to cooking every night!
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Sunday, February 08, 2009 9:54 AM

Stimulus Still Expected to Pass But Not without Complications

RISMEDIA, February 6, 2009—(MCT)—This much is clear: Sometime soon, probably this month, President Barack Obama will sign an economic stimulus plan… Continued Your friend in the Real Estate business, Shelli Dore www.ShelliDore.com
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Saturday, February 07, 2009 12:22 PM

Salmonella Outbreak - What You Need to Know

RISMEDIA, February 5, 2009—(MCT)—Consumers must remain vigilant about tossing salmonella-tainted peanut products found during a recent outbreak, food safety experts Continued Your friend in the Real Estate business, Shelli Dore www.ShelliDore.co
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Friday, February 06, 2009 8:32 AM

New-Home Sales Dive in 2008

Sales of new single-family homes were at a seasonally adjusted rate of 331,000 in December, 14.7 percent below the November rate of 388,000 and 44.8 percent below the December 2007 estimate of 600,000, the U.S. Commerce Department reported this morning.
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Thursday, February 05, 2009 7:15 PM

$15,000 tax credit to individuals who purchase a home in the next year!

Last evening the United States Senate unanimously passed a bipartisan amendment, offered by REALTOR(r) Champions, Senators Johnny Isakson (R-GA) and Joe Lieberman (ID-CT) to the Economic Stimulus Bill creating a $15,000 tax credit to individuals who purchase
Posted by Shelli Dore, CDPE, SFR, CRS, GRI, ABR | 0 Comments
Thursday, February 05, 2009 5:42 AM

Keller Williams Realty Bucks National Business Trends During the Toughest Real Estate Market on Record

RISMEDIA, January 29, 2009-Bailout. Credit crunch. Foreclosure. Despite these words permeating the headlines and airwaves, there are companies out there moving forward - even in real estate… Read More Your friend in the Real Estate business, Shelli
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Wednesday, February 04, 2009 9:52 AM

The Do's and Don'ts of Short Sales

RISMEDIA, February 2, 2009—It is a veritable alphabet soup of language out there relative to distressed sellers’ properties. There are foreign-sounding terms, made-up jargon, rules, policies, procedures; blah, blah, blah… Read More
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Tuesday, February 03, 2009 7:17 AM

HUD Delays Limits on Affiliated Lenders

In case you missed the ruling in November on affiliated lenders, see the article below. This is great news for all of us. Builders will no longer be able to offer incentives just to use their lender. WASHINGTON — The Department of Housing and Urban
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Monday, February 02, 2009 3:01 PM

Free Movie Monday! 2/2/09

Hi all! Here is today's free REDBOX movie code for today, Monday 2/2/09: D9P24G Pass this along to your friends and be sure to use this code by the end of the day! Visit www.Redbox.com for locations and information. Your friend in real estate, Shelli
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Monday, February 02, 2009 10:18 AM

Obama's Stimulus Package Should Help Economy, Experts Say

RISMEDIA, January 29, 2009—(MCT)—Economists think the stimulus plan at hand, while far from perfect, will help stimulate the moribund U.S. economy. There's no panacea for what ails the economy. A stimulus plan will work only in combination
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Sunday, February 01, 2009 8:04 AM

Will the stimulus package make the $7,500 first time buyer credit a true credit?

CNN is reporting that the new stimulus package being reviewed by congress has a stipulation in it that will make the $7,500 first time buyer credit a true credit, not a 0% interest loan that needs to be paid back. Apparently the response to the original
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Sunday, February 01, 2009 7:32 AM

A Turnaround is Coming

RISMEDIA, January 31, 2009—Over the past four weeks, we’ve been privileged to speak with industry leaders in order to better understand what we can expect from real estate in 2009—and better yet, how to face it. Today, we conclude Continued
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