the local real estate market in Forsyth County is making some progress. Home sales were down in December from November, but they were up 5% from December of last year.
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Today, the WALL STREET JOURNAL published an article with recently announced FHA changes. The highlights of the changes are buyers’ FHA insurance premium will increase from 1.75% to 2.25%; seller’s can contribute less money towards closing costs to help buyers; and buyers with credit scores below 580 will be required to make a 10% [...] Many home buyers have questions regarding the latest home buyer tax credit extension enacted in November, 2009. Local Winston Salem Loan Officer, Bob Church, of Bank of America has outlined the details of the newest homebuyer tax credit. Please give Bob a call if you are in need of financing or refinancing your home. His contact details are on the flyer below. If you are a first time home buyer (homebuyer) in the Winston-Salem (Piedmont Triad) area, you can learn more about buying your first home by clicking the previous link. If you are looking for a trustworthy Realtor, give me a call at (336)462-9544 or on my cell at (336) 287-4423. Unless you’ve had your head in the sand for the last year, you realize that the real estate market has been down. Our area has not been hit like other areas of the country, but it has been affected none the less. The first time home buyer’s tax credit has increased the number of homes [...] |
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