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Market Watch.............Interest Rates
During the past two months in the stock market, there have been 19 trading days with a 3% move. It had previously taken 6 years to see 19 days with a 3% move. Bonds and home loan rates began the week with a strong rally on news that the world's largest Read More...
Skogman Homes Trade-in Program
Trade – in Program Through the first half of the year Skogman Homes has sold 52 new homes, identical to the number sold in 2007. Nearly 33% of the buyers took advantage of the Guaranteed Trade Program. This is one of the best programs in the country Read More...
More on the $7500 Tax Credit
Boy...the response that I have received concerning the Home Buyer Tax Credit has been overwhelming! If there are that many home buyers out there considering buying....this seems to have given them an incentive to go buy, at least locally, where our market Read More...
Sizzling FHA Summer Special
With the new buyer $7500 tax credit and this special.....it can make it easier than ever to get into a home for little/no money down.! FHA LOANS LOCKED IN THE MONTH OF AUGUST WILL BE ELIGIBLE FOR A SUMMER PRICING SPECIAL……. FREE FIRST YEAR Read More...
$7500 Tax Rebate Available
As the year draws to a close....I thought I would "re-blog" on the $7500 tax credit. Passed by congress is a bill that will allow any buyer that has not owned a home in the last three years (perfect for first time buyers) to claim a $7500 tax Read More...
How to figure what you can afford in a monthly mortgage payment........
Just because a lender is willing to lend you the world doesn't mean you should take it. Know what you can manage. Don't over-extend yourself. Gather and tally your fixed monthly expenses (utilities, credit cards, cell phone, groceries, etc) and Read More...
Projects that will net you the largest return
So weekly I am in clients houses answering the "age old" question.....What do I need to do to make my home sell quick and for the most money? Here are some tips that I give: 1. Minor bathroom updates/repairs will return 102%. The bathroom is Read More...
Find out your estimated taxes on new construction
You ever had the question, what are my taxes going to be on new construction? Well Linn County has an estimator out there that will help with that and it can be found at the following link below. You can download the excel version but be sure to update Read More...
Buying or selling?...........You should know FHA!
So with the mess that the lenders got themselves into with the "mortgage boom" of years past, FHA is the new product of choice for a number of buyers. They actually fill in the gaps of where the convention financing pulled their products. So Read More...
Cedar Rapids Market Conditions
912 Single Family Listings Active on the Market in the Cedar Rapids Surrounding Area 510 Sale Pending Listings 566 Sold Listings Info is per CRAAR and for Cedar Rapids and surrounding communites for single family homes. As always....if you would like Read More...
Beware of this scam.........
Get Your Deed From the Recorder – It’s Cheaper National Deed Service Inc. is sending mail to Linn County residents offering to provide a certified copy of a deed for $59.50. “A certified copy of a deed is $6 from us,” said Linn Read More...
Skogman Homes doing well.....
With the Regency Homes annoucing last week that they had laid off all employees except upper managment and the news of the new construction market from the national media, I thought I would share a bit on Skogman Homes. This "down turn" has Read More...
Asked again this weekend..............
Okay...I was asked again this weekend by a friend.....How really is the market doing? I responded here in Cedar Rapids, it is great!.....I have started this year with a bang in sales and Skogman is on pace for another record year. He looked at me and Read More...