SellingNorthernNV

Quality Real Estate News and Market Data

Is it still a good time to buy Real Estate?

Josh Talayka | June 24, 2011

According to the most recent Standard & Poor’s Case-Shiller index, housing prices have fallen back to 2002 values nation wide, with some of most heavily hit regions of our country even reaching levels we haven’t seen since the late 1990’s. In addition, it is expected that prices may continue to fall through at least the end of this year. However even with this prediction of further depreciation, there are still many factors that indicate why it is still a good time to buy.

Lowest Default Rates in Decades

Josh Talayka | March 16, 2011

According to Fannie Mae and Freddie Mac; mortgage loans that were originated in 2009 are some of the most secure and best performing loans that we’ve seen over the last several decades.

Freddie Mac: Home Affordable Foreclosure Alternatives (HAFA) Program

Josh Talayka | February 19, 2011

When the HAFA program became effective on April 5, 2010 for most lender, mortgage giants Fannie Mae and Freddie Mac announced that they would eventually be participating in the program, but only when they have put into place their own alternative guidelines for the program.

On June 1, 2010, Freddie Mac released their HAFA guidelines.