National News Stories Affecting Second Homes

How Will Federal Shutdown Affect FHA Loans And Other Government-Backed Loans?

By Joanna England / October 2, 2013 /

Like they say, there’s good news and there’s bad news. Realtors and brokers won’t come out unscathed from the federal government shutdown, as a report from the National Association of Realtors shows. If you’ve got a closing coming up, best be prepared to have some hiccups. While the NAR report says that FHA will “continue…

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More on the Oklahoma Tornados (Written With One Foot In My Tornado Closet…) and How We Can Help Our Friends/Family in OK

By Candy Evans / May 21, 2013 /

Thanks, Joanna, for posting about the importance of storm shelters. There are a lot of bomb shelters around town — one right next door to me — constructed during the atomic war threats we lived with during the 1960’s when I was a kid. They make great tornado shelters. We had regular bomb drills to cover our…

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Girl Power: More Women Are Buying Real Estate Before They Put a Ring On It To The Tune of $72 Billion

By Joanna England / April 2, 2013 /

Sure, it’s easier to buy a home when you have a spouse. Dual income households tend to be a no-brainer to some mortgage lenders. But that hasn’t kept all the single ladies from becoming independent women with homes of their own and, of course, bills, bills, bills. In fact, this segment of real estate consumers…

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Where oh Where Do Those Hamptons Buyers Come From? The Big Apple

By Candy Evans / September 14, 2012 /

This is pretty cool to those of us obsessed with second or vacation homes. Which is, like all of us. Everyone knows that the Hamptons is the vacation home playground of Manhattan — or it is? Actually, yes. A cool blog called PropertyShark did all this research to find that 35 percent of Hamptons vacation…

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Everything’s Bigger In Texas: Hair, Homes and Now CLOSING COSTS????? Thanks, Of Course, To Washington, D.C.

By Candy Evans / February 1, 2012 /

According to Bankrate.com’s recently announced 2011 Closing Costs Survey, Texas once again has the second-highest closing costs in the country, behind of all places, New York – ouch! While the nationwide average is $4,070 (up nearly 9% from last year), Texans pay $4,944 on average. This is the fifth year in a row we’ve had…

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