The Green Bars below represent the percentage of the list price for which the Saint Louis MO Metro properties sold in the respective month. The blue line represents average number of days on market for the properties. Clearly in 2011 the listings that were sold in the summer months generated a sale price closer to the […]
Private Mortgage Insurance Helps You Get The Loan
Mortgage Insurance, also known as PMI, is a supplemental insurance policy you may be required to obtain in order to get a mortgage loan. PMI is provided by private (non-government) companies and is usually required when your loan-to-value ratio — the amount of your mortgage loan divided by the value of your home — is […]
FHA Anti-Flipping Waiver Helps Saint Louis Real Estate Investors and Market
FHA EXTENDS WAIVER OF ANTI-FLIPPING REGULATIONS THROUGH 2012 WASHINGTON – In an effort to continue stabilizing home values and improve conditions in communities experiencing high foreclosure activity, Acting Federal Housing Administration Commissioner Carol J. Galante today extended a temporary waiver of FHA’s anti-flipping regulations through 2012. Read FHA’s anti-flipping waiver. “This extension is intended to […]
