Last-minute provision would require many small construction firms to provide health insurance to all employees. Hannah Schroder, HousingZone Contributing Editor December 22, 2009 HousingZone In an attempt to garner the votes needed to pass a massive health care overhaul before Christmas, Senate Democrats have included a last-minute provision targeting the construction industry that the National Association of Home Builders calls unfair. The provision would require many small … [Read more...]

  Actually, it is neither.The truth is it is actually a lender’s market!  It is also true that to a degree it has been a buyer’s market for most of the country.  This occurs when the supply of homes for sale exceeds demand, creating a situation where homes take longer to sell and where prices become more negotiable in favor of the buyer.  There is a new phenomenon in today’s real estate market.  This phenomenon is affecting today’s buyers, especially those buyers who are highly … [Read more...]

Fannie Mae calls its latest REO home sales program "First Look", which clearly favors "owner occupants" and penalizes real estate investors!   That's because the "first look" at all of Fannie's new REO listings, starting this month, will now go to home buyers who plan to occupy the units they purchase, or to local public agencies participating in "neighborhood stabilization" or community development programs. When Fannie lists foreclosed houses for sale through a participating real … [Read more...]