IF YOU ARE ASKING YOURSELF IF THIS IS A GOOD TIME TO BUY....

GREAT ARTICLE FROM BUSINESS WEEK. NOW I WON'T CONTEND AS THE NAME OF THE ARTICLE STATES THAT YOU ARE STUPID OR BROKE IF YOU DON'T BUY A HOUSE. WILL CONTEND THAT IF YOU ARE THINKING, PONDERING, IN A POSITION TO DO SO....THE STARS COULD NOT HAVE ALINED MORE PERFECTLY IN YOUR FAVOR. TODAY I SAW RATES AT 4.78% AND THESE WILL NOT LAST FOREVER. IT IS PREDICTED THAT RATES WILL INCREASE LATE SPRING 2010

SOMEMETIME THIS LATE SPRING THE GOVERNMENT WILL STOP BUYING MORTGAGE BACKED SECURITIES WHICH IS THE MAIN REASON INTEREST RATES ARE STAYING LOW BUT AS WE ALL KNOW THIS WON'T LAST FOREVER. MARC ROTH SHARES HIS THOUGHTS IN THIS ARTICLE. http://www.businessweek.com/lifestyle/content/dec2009/bw2009127_753974.htm

NOW IF YOU ARE IN A POSITION WE ARE READY TO ASSIST! I HAVE A GREAT TEAM OF PROFESSIONALS READY TO HELP YOU! TO SEARCH FOR YOUR NEW HOME GO TO WWW.ALLENTATE.COM/JULIEKEELAN AND START YOUR SEARCH TODAY! WE LOOK FORWARD TO WORKING WITH YOU!

A great place to use your tax credit! 3537 Singleleaf Lane, Raleigh, NC, 27616. Powered by FloorPlanOnline

Tour this beautiful 3 bed 2.5 bath in Raleigh. Great location & the home is turn key & move in ready with all appliances included! Call me to set up a showing today. Virtual Tour # 55768 - 3537 Singleleaf Lane, Raleigh, NC, 27616. Powered by FloorPlanOnline Take this tour & really experience the home.

Wall Street Surprised by Home Sales Decline?

Wall Street Surprised by Home Sales Decline?

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Art Spark in Raleigh this weekend 9/17/ to 9/20

sparkcon this weekend! Come out for a weekend of art during SPARKcon, September 17-20, 2009 on Fayetteville Street. VAE produces artSPARK, which includes street painting, a gallery, a digital gallery and image slam, abstract painting, plein air painting, kidSPARK, an experimental video lounge, and installations in PODS (Portable On-Demand Storage) and on the street! There are over 600 visual artists involved in this year's event. www.sparkcon.com or www.visualartexchange.org/sparkcon2009.php

Virtual Tour # 51604 - 3521 Banks Rd, Raleigh, NC, 27603. Powered by FloorPlanOnline

Virtual Tour # 51604 - 3521 Banks Rd, Raleigh, NC, 27603. Powered by FloorPlanOnline

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Mortgage Applications Fall, Interest Rates Climb

Sparked by a drop in demand for home refinancing loans, mortgage applications fell during the week ending July 24 after having a four-week streak of increases, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. The MBA’s Market Composite Index, which includes both purchase and refinance mortgage applications, dropped 6.3 percent from the previous week to a seasonally adjusted 495.4.

“The rise in interest rates on mortgages is likely going to be accompanied by a rise in inflation and that has historically been good for housing,” said Jeffrey Fisher, a real estate professor at Indiana University’s Kelley School of Business.

Fixed 30-year mortgage rates averaged 5.36 percent, up 0.05 from the previous week, while fixed 15-year rates averaged 4.75 percent, down 0.05 percent from the previous week. Rates for adjustable-rate mortgages increased to 6.66 percent from the previous week’s figure of 6.5 percent.

The MBA’s seasonally adjusted Refinance Index fell 10.9 percent from the previous week to 1,862.1 while the Purchase Index remained unchanged at 262.0. The refinance share of mortgage applications decreased from the previous week’s figure of 55.5 percent to 52.6 percent. The adjustable-rate mortgage share of applications increased to 5.5 percent, up 0.7 percent from the previous week.

Applications for loans to buy homes remained steady. Fisher noted that an unforeseen blow to the economy could hinder the housing market’s recovery. “The economy is recovering, but fragile,” he said. “But as consumer confidence increases and banks start making more loans we should see continued strength in the housing market.” Reposted from: Appraiser News Online Headlines

Great interview with Tony Robbins Moto-vate!

Great interview posted on Tony Robbins Blog "Change Your Life"http://http://tinyurl.com/2aq44a It is good stuff...Make a conscious decision TODAY!