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By: Dennis Norman This morning the U.S. Department of Commerce released a report showing the sale of New Homes in January was down 10.2% from December and down over 48% from a year ago. Prices on new homes continue to drop as well. The median price for January was $201,100, down 2.6% from Decembers Tweet [...] By: Dennis Norman Beginning March 1, 2009, new rules will go in effect by Fannie Mae changing the limitation on the number of mortgages an investor may have and still be eligible for Fannie Mae financing from four to up to ten. In these very challenging times and, with banks clamping down, this is welcome news for investors! [...] By: Dennis Norman Irving Blue, CPM In part one of this series I gave you some background information on Irving Blue as well as the first part of my E-View TM with him. Now we’ll pick up where we left off. Professionally, Irving serves or has served on various committees/organizations including: Intstitute of Real Estate Management (IREM), St. [...] By: Dennis Norman I do not like shopping malls. If you like them, don’t take this personal, I just don’t. I understand they are an excellent place for walking during inclimate weather, a good place to kill time or let kids burn off some excess energy but I just don’t think they are as good at their main [...] By: Dennis Norman After writing a post about the The Fair Housing Act for a blog for the real estate consumer I realized there is information in that article that could be very valuable to the real estate investor as well. While the focus of the article was a report that had just been issued by The National Commission on Fair [...] |
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