The total homes sold, attached and detached, for April were 1,668 up from 1,616 in March. Days on market decreased to 66 days in April from a high of 71 in January. A recent article in USA Today remarked “think Albuquerque” when considering a market that hasn’t had the impact from the real estate fall […]
TODAY’S FEATURED PROPERTIES
Declining market Requirements have Changed
There have been some recent postings that ‘DECLINING MARKET’ requirements by Fannie Mae would require borrowers to put down an additional 5% in certain areas based on ‘declining market’ figures. It was annouced a short time ago that this requirement will no longer be necessary. It was discussed in the industry that decided that this […]