BluefoxOutlook

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Services for Real Estate Pros
Informing Home Buyers and Home Owners about Mortgage Loans; FHA, VA, Conventional and Refinance. Helping you catch on to the latest in the Real Estate Market as a whole. Providing inspiring commentary on the Washington, D.C. metropolitan area, Maryland and Virginia Housing Markets, including Property Management and Apartment Industry news. The information you need to stay in it.

ARCHIVED BLOG POSTS

2009 

Center for American Progress Action Fund, U.S. Senate Majority Leader Harry Reid, D-NV, and University of Nevada, Las Vegas are the hosts for this one-day gathering here in Southern Nevada. It's set for Monday, August 10, 2009, starting at 10:00 AM at UNLV's Cox Pavilion. Click here for more info...
07/30/2009
HomeSteps, the real estate sales arm of Freddie Mac, just introduced a new program in an attempt to thin its inventory of agency-owned homes, in other words homes it has foreclosed on. In this demanding housing environment it predictably has quite a few of them available for purchase and has deci...
07/27/2009
Las Vegas housing market alone would be a big beneficiary if it did happen. Southern Nevada has already seen solid gains this year in sales thanks in large part to the first-time buyer tax credit of $8,000. This incentive is set to come to an end December 1. NAR, or National Association of Realto...
07/24/2009
Relief Refinance Mortgage by Freddie Mac falls under this banner. It's now official that the previous limit of 105% has been pushed up to 125% loan-to-value, or LTV, something that Washington had been tossing around for a bit. "This is a change that will put affordable refinancing opportunities w...
07/22/2009
This outcome hasn't been discussed much before but now it's out there for everyone to see. Namely that if a homeowner in distress is successful in using the Home Affordable Modification Program, kicked off in March, to lower his mortgage payments, his FICO score is likely to take a hit. FICO is t...
07/17/2009
FHA barely had any market share in Southern Nevada a few years ago because the conventional product was generally offering home loans with better terms. And then comes the mother of all housing slumps that manhandles the conventional mortgage segment and gives FHA another chance to show what it c...
07/14/2009
Las Vegas housing market is gradually changing for the better. The key word is gradually. There have been subtle hints about it in the past few months and more are trickling in.    As stated by GLVAR, the Greater Las Vegas Association of Realtors, a total of 3,785 single-family homes were closed ...
07/10/2009
It was expected. Southern Nevada housing market has been buffeted by gale-force winds, brought to its knees by rampant overbuilding, unchecked speculation, foreclosed mortgages and weakened economy. That includes the luxury high-rise condominium segment that was once flying as high as the Interna...
07/07/2009
Complaints against it are growing. Known as the Home Valuation Code of Conduct, or HVCC, it is only some two months old and is now being attacked from several directions. It is the required appraisal system for Fannie Mae and Freddie Mac, the giant government-sponsored mortgage investors. Just ab...
07/04/2009
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