Thursday, November 12, 2009

Triad Area: Buy Local This Holiday Season!

Great public service annoucement as to why YOU should buy LOCAL this holiday season and EVERY season! Check it out and see if you can find your hometown! Kernersville is representing! :)

Triad Area: Buy Local This Holiday Season!

Thursday, November 05, 2009

Update on Tax Credit Extension...

This is an excerpt from an email that my lender-friend, LuAnn Davis sent just a few minutes ago...

November 5, 2009

Senate has passed legislation making if virtually certain President Obama will sign the
Homebuyer Tax Credit Benefits Extension and Expansion!!

If signed into law . . . . .

* The first time homebuyer tax credit of $8000, due to expire at the end of November would be
extended through April, 2010.

* Legislation is expanded to allow qualified move-up buyers to be eligible for a credit of up to $6500.

* Income limits have been expanded for first time homebuyers with incomes up to $225,000 for a married
couple now being eligible.

* Existing homebuyers will have income limits and must have lived in their current residence for 5 of the prior 8 years.

* Primary residences only qualify.

I am here to provide unsurpassed service when helping your buyers take advantage of this tax credit. Rates are still incredibly low and our common sense approach to underwriting will create a positive experience for you and your client. Please call me!

LuAnn DavisSr. Loan Officer
WR Starkey Mortgage

Wednesday, November 04, 2009

For The Record...NC Real Estate Update

Per Issue 6, November/December 2009 North Carolina Realtors Association:

Just some quick factoids regarding the current state of NC real estate. We hear so much nationwide news, I thought it would be beneficial to share some state numbers with you. Keep in mind, all real estate is local and even though these are state numbers, numbers specific to your area and/or neighborhood can be obtained by contacting me, Brooke Cashion at 336-817-3598 or

*First-time buyers continue to fuel the housing rebound. Most are between the ages of 25-45 and they have accounted for nearly 50% of the homes sales in the first 7 months of 2009!!

*NC existing homes sales posted its fourth consecutive month of improvement in September, the longest period of gain in 5 years. **My commentary** This may be attributed to prices adjusting to more "normal" levels**

*NC ranks as the 6th most popular state in the nation when it comes to where people want to love, according to a recent Harris interactive poll.

*National foreclosure rates soared in the 3rd quarter with 1 in every 136 homes going into foreclosure...HOWEVER in NC, we had the 14th lowest rate of foreclosure with only 1 in every 417 homes going into foreclosure.

Please feel free to post commentary on your observations of these facts and figures and contribute any additional pertinent information you may have, including references and links.