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Monthly Archives: November 2011
Decline in home prices in most major US cities
“The Standard & Poor’s/Case-Shiller index released Tuesday showed prices dropped in September from August in 17 of the 20 cities tracked. That was the first decline after five straight months in which at least half the cities in the survey … Continue reading
FHA may need bailout
The Federal Housing Authority is now feeling the result of a down real estate market. According to a government report, there is a 50 percent chance that they could need a tax bailout. The FHA’s losses are due to loans … Continue reading
Grant to promote local food in Central Oregon
A three-year grant by the Meyer Memorial Trust to the Central Oregon Intergovernmental Council will strive to assist local growers and ranchers with their distribution and marketing needs. This will mean that local farmers and ranchers will be able to … Continue reading
Freddie Hits Record for REO Sales
Freddie Mac sold more than 80,000 REOs in the first nine months of 2011, for an average of 94 percent of market value, Tracey Mooney, Freddie Mac’s vice president of single-family servicing and real estate owned properties, said in a … Continue reading
Bend gives $1.25M for affordable housing.
“The city of Bend is giving out more than $1.25 million in loans to four affordable housing projects, including one that aims to help low-income veterans with special needs,” reported by Nick Grube from The Bulletin. Money for the loans … Continue reading
Preventing Winter Weather Damage
It’s getting to be that time of the year, again. Learn simple ways to prevent winter weather damage: Winter weather, particularly snow and ice, can be as tough on homes as it is on homeowners. Seasonal maintenance and preparations may … Continue reading
Posted in Buying a Home
Tagged coldwell banker, home maintenance, Real Estate, weather damage
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Murphy Road Expansion Update
Many people are asking for updates on the Murphy Road expansion. The purpose of the project is to construct a bridge and new road between Parrell Road, across US 97 to Brookswood Blvd, enhancing the traffic flow from east to … Continue reading
Freddie Mac Asks for $6B More in Aid
It has been reported that Freddie Mac, the government-controlled mortgage giant, is requesting $6 billion in additional aid to cover steep losses during the third quarter. Already, $169 billion has been spent by taxpayers to rescue the government-sponsored enterprises. There … Continue reading