I heard from my loan officer Thursday that between the lenders marking zip codes as "declining market," and Fannie Mae/Freddie Mac doing the same thing, and appraisers noting it more and more as well, nearly all markets in the Twin Cities have been marked as a declining market or are likely to be hit by it soon. In nearly all circumstances, this means that a 0% down buyer will need 5% down and a 5% down buyer will need 10% down. For anyone with 10% down or more there is no change. FHA loans in many … [Read more...]
Housing News, Opinion, Statistics and Homes for Sale
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Minneapolis/St. Paul April Pending Home Sales Hit 10 Year High
The Twin Cities housing market continues to roar ahead as today the Minneapolis Area Association of … [Read More...]
Fantastically Simple Way to Make a Home Floor Plan
While there are several phone apps that can help you make a floor plan, this one seems to be the … [Read More...]
Print a 3D Model of Your House Plan
For home buyers that are looking to build a new home, one of the most common questions asked is … [Read More...]