Southside Housing Alliance

“…Once you’ve found the home of your dreams, the next step is to shop for a mortgage loan. This video will help consumers use the good faith estimate (GFE), which is a form that spells out the terms of a loan offer, to shop for the best loan for them. Consumers will learn how to use the GFE to determine how long an interest rate is available for a particular loan and how to identify key loan terms and costs of a particular loan offer. HUD suggests consumers shop and compare GFEs from multiple mortgage brokers and/or lenders in order to get the best loan for their situation.

“… Did You Know? Mortgage rates are at an ALL TIME LOW! Now is a good time to sell your home. It is a great time to build while material costs are down. You can buy a home with no money down. Home prices are affordable and you now get more home for your money. Home sales are up!There are incredible home buying opportunities available today!…”

“…It is a highly competitive marketplace out there but with the right tools sellers are making their sale and moving forward with their lives. The homes that are priced right from the start of their listing, homes that are in “truly move-in” ready condition, and homes that portray a lifestyle that people can “see” and “feel” the potential for themselves and their families are the key components to many successful sales…”

“… NOW is the time to purchase a home! Falling home prices and favorable mortgage rates are contributing to phenomenal housing affordability in the Indianapolis metro area. Indianapolis has been ranked one of the most affordable major housing markets in the country for the last several years…”

“…The home-buying process obviously starts with finding a place you’ll want to call home. This short video will instruct viewers on assessing how much of a home you can afford, working with a real estate agent and what happens once you find the home you want to buy. Housing counselors can assist home buyers and home owners on issues such as home buying, fair housing, credit issues, and foreclosure prevention…”

“…According to the National Association of Homebuilders/Wells Fargo Housing Opportunity Index, Indianapolis retains the #1 spot as the most affordable major U.S. housing market again in the 3rd quarter of 2010. Findings were released Nov. 18. Indianapolis is back in the top position after being edged out by Syracuse, NY last quarter. Previous to the second quarter findings, Indianapolis had ranked number one for 19 consecutive quarters, nearly five years…”

“… What people are looking for when they relocate changes from time to time. In the 90s, it was a city with low crime. Then, it was places with good schools. These days, you want a job and to make sure you can get a house there. Indianapolis ranked #10 in a recent study naming the 10 best cities to relocate to today …”

“…Site Selection magazine has ranked Indiana’s business climate as eighth best in the nation. The ranking is based on a survey of national real estate executives and a review of Indiana’s economic development record and is up one spot from last year. The nonpartisan tax research group Tax Foundation last month ranked Indiana best in the Midwest and 10th best overall…”

“…Once again the housing market is in a state of flux. People are trying to decide what is the best option owning or renting. The current dip in home prices combined with lower interest rates and most property taxes on homes makes homeownership a viable option for many of people. This combination of lower home prices and lower interest rates has resulted in the cost of home ownership being reduced hundred’s of dollars from just 3-4 years ago…”

“…Despite the challenges facing the housing market, 65 percent of Americans would still prefer to own a home rather than rent, according to a Fannie Mae national housing survey. The survey shows that, despite the housing downturn, Americans continue to value homeownership and think about their homes in ways that go much deeper than the financial investment. They are more cautious, however, about assuming a mortgage, recognize the requirements, and favor standard long-term fixed-rate loans with predictable payments. It also found that people strongly believe in the importance of upholding the financial commitment involved in buying and owning a home, even during these challenging times when home values have fallen. They also value renting as a housing option…”

“…Nearly eight out of 10 respondents believe buying a home is a good financial decision, according to the 2010 National Housing Pulse Survey, an annual report released by the National Association of Realtors.

Despite economic uncertainty, 68% of those surveyed still believe now is a good time to buy a home. Americans are seeing more stability in the real estate market. Nearly seven out of 10 believe that home values have stabilized in their area…”

“… According to the U.S. Commerce Department, single-family housing starts posted a 4.4% gain in September. Stability is slowly returning to the new-homes market following the declines following the expiration of the home buyer tax credits and the slowing of economic growth this summer. Builders are receiving more inquiries from potential customers and are carefully responding to renewed consumer interest…”

“… Obama Administration October Housing Scorecard shows continued signs of stabilization in house prices and high home affordability due in part to record low interest rates. The October Housing Scorecard features key data on the health of the housing market…”

“…Reviewing housing data in the long-term is a more healthy way to study the market and when you consider the extraordinary circumstances of the last couple of years, we should widen the lens even more. The fact remains that the market we’re currently in – both statewide and in most localities – has many advantages, more supply, historic low interest rates and less buyer competition…”

“… Indiana’s business climate ranks eighth nationally by Site Selection magazine, the state’s third straight top 10 finish. The ranking is based on a survey of national real estate executives and a review of Indiana’s economic development record and is up one spot from last year…”