st charles mo auctions: Florida’s Existing-Home, Condo Sales Continue to Surge in May - 06/28/10 11:41 PM
In what seems to be a never-ending trend, Florida’s existing-home and condo sales increased once again in May, according to the latest housing data released by Florida Realtors.A total of 16,745 single-family existing homes were sold in the Sunshine State last month, jumping 18 percent from the number of homes sold in May 2009. This marks the 21st consecutive month that sales activity has increased in the year-to-year comparison.And existing-condo sales made an even more notable increase. Statewide, 6,779 units were sold in May, soaring 40 percent from the previous year’s sales figure.Growth in existing-home and condo sales was reported in … (0 comments)

st charles mo auctions: Mortgage Rates Fall to Record Lows Due to Disappointing Economic Data - 06/28/10 09:47 PM
Following a run of disappointing economic data – from housing, to jobs, to consumer spending – mortgage rates fell to record lows for the week ending June 24, 2010, Freddie Mac and Bankrate reported.According to Freddie Mac’s Primary Mortgage Market Survey, 30-year fixed-rate mortgages averaged 4.69 percent with an average 0.7 point this week, down from last week’s average of 4.75 percent. This, Freddie Mac said, is the lowest rate recorded since it began collecting rates for 30-year fixed loans in April 1971.Freddie Mac also reported a decline in 15-year fixed-rate mortgages, which averaged 4.13 percent with an average 0.6 point … (2 comments)

st charles mo auctions: New FHA Appraisal Guidelines Take Effect - 02/18/10 01:18 PM
The new Appraiser Independence (ML 2009-28) requirements for Federal Housing Administration (FHA) loans officially took effect February 15, 2010. Originally planned for a January 1, 2010 implementation, the enactment was delayed to provide the FHA and lenders with additional time to adjust systems to accommodate the changes.Many of the new guidelines are similar to the Home Valuation Code of Conduct (HVCC), which has been in place since May 1, 2009 for Freddie Mac and Fannie Mae loans. Under FHA’s rules, appraisers are required to receive reasonable and customary compensation and cannot be affiliated with lending agencies. In addition, appraisers are required … (0 comments)

 
Rick Bauer, St Louis MO Real Estate Auctioneer Realtor CAI GRI (FatherTime® Auctions and Real Estate)

Rick Bauer

St Louis MO Real Estate Auctioneer Realtor CAI GRI

Saint Louis, MO

More about me…

FatherTime® Auctions and Real Estate

Address: 2850 Lawndell Drive, St. Louis, MO, 63144

Mobile: (314) 614-3841

Office: (314) 962-4200

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Father Time Auctions is a full service provider of real estate disposition services including live open-outcry, sealed bid and online real estate auctions. Residential / Commercial / Farm and Land We are Real Estate Brokers and Agents that sell real estate to the highest bidder at auction.


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