Denham Springs Louisiana Real Estate

Archive for June, 2009

http://www.denhamspringslarealestate.net/ – Here’s How Savvy Denham Springs Home Buyers Can Save At Closing

I found this interesting article in the USA Today regarding helping home buyers save money at closing and thought it would be helpful. Here’s the link and snippet as directly quoted from the article:

http://www.usatoday.com/money/economy/housing/2009-06-11-home-costs-settlement_N.htm

“Home buyers dicker about appliances, cabinet styles and the move-in date but often question little when it comes to a pricey part of their purchase.

Closing costs — fees paid at settlement — can add up to thousands of dollars.

Yet, the costs and settlement process are mysterious for many. Half of mortgage applicants in a 2007 Federal Trade Commission study could not identify their loan amount on settlement forms.

How do bewildered buyers figure out what’s supposed to happen and what they should be paying? In many cases, they don’t, or they take the word of the title company and lender.

To make sure you don’t overpay when buying a house, keep in mind that an economical closing begins with a good opening: start preparing early in the house hunt.”

http://www.denhamspringslarealestate.net/ – June 2009 NAR Pending Numbers Could Be Excellent News For Denham Springs Real Estate

The Louisiana Realtor E-News Digest is reporting some fantastic news about Pending Home Sales Rising Again. The source of the news was the NAR (National Association of Realtors) and here’s a snippet of the news:

“Pending home sales show a sustained uptrend, rising for four consecutive months with very favorable housing affordability and a first-time buyer tax credit boosting activity, according to the National Association of REALTORS.

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in May, increased 0.1 percent to 90.7 from an upwardly revised reading of 90.6 in April, and is 6.7 percent higher than May 2008 when it was 85.0. The last time there were four consecutive monthly gains was in October 2004.”

The link to the La Realtor E-News Digest is at http://www.larealtors.org/news/default.asp

This continues the trend toward positive news for the Denham Springs and Livingston Parish Housing Homes Market.