Southside Housing Alliance

“…Despite the continuing challenges facing the U.S., nearly eight out of 10 respondents believe buying a home is a good financial decision. And more than two-thirds of respondents say that now is a good time to buy a home, according to NAR’s eighth annual Housing Opportunity Pulse Survey…”

“…Third in the series, this video walks consumers through the actual closing process including how to make sure the loan they were offered closely matches what they encounter at the settlement table. In particular, HUD will walk the viewer through the HUD-1 Settlement Statement and demonstrate ways consumers can compare their actual costs with those reflected on their good faith estimate…”

“… NOW is the time to purchase a home! Mortgage Rates are at HISTORIC LOWS Mortgage rates haven’t been this low in many decades. Rates are around 4% on a 30-year fixed mortgage. Mortgage money IS available, and no one knows how long rates will stay this low. By the time you realize rates are going up, you may have missed your opportunity…”

“…The October Monthly Indicators report reveals the continuing trend of strong home sale prices. According to Indiana Association of REALTORS® (IAR) data, the average sale price of homes across the state during the one-month period of October 2010 increased 7.2 percent to $135,966 when compared to October 2009…”

“…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…”

“… Pending home sales jumped 10.4% in October 2010, showing a positive uptrend, according to the National Association of REALTORS®. Lawrence Yun, NAR chief economist, said excellent housing affordability conditions are drawing home buyers. He welcomed the solid double-digit percentage gain and expects home sales will continue to climb…”

“… 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…”

“… Johnson County’s unemployment rate dropped for the fourth month in a row. In October, 7,600 new private sector jobs were created, which is a big boost and good news for the state. The prospects look good. Unemployment is predicted to continue to drop through the beginning of next year…”

“… 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…”