Tammy Mitchell Hines, Tammy Mitchell Hines & Co.
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Home values in American big cities took a big hit during the housing bubble crash of 2008 and St. Louis was no exception. This left many home-owners “underwater” in terms of their mortgage in that they owed more than the property was worth. With the economic problems since then, foreclosures have sky-rocketed and only now are slowing, on average, … [Read more...]
The real estate market continues to fluctuate due to conflicting economic news. These various competing economic forces make it difficult for the average American to know whether it is time to buy or wait. However if you are thinking of buying a home in Columbia IL, the positive news outweighs the negative. The Bad News The Confidence Board release a … [Read more...]
Don't stay in this Independence Day. Instead go out and participate in some of the 4th of July events in Columbia, IL, such as the Bike Parade and Celebration in American Legion Park. Starting at noon at the ICS Parking Lot, the CROWN Bike Parade travels down to the American Legion and includes bikes decorated in simple and fantastic ways. … [Read more...]
Realtors have been saying that the Columbus IL real estate market has been recovery slowly since 2012 based on what they have been seeing. Now a new study from Harvard University puts facts to realtor’s opinions. This new report, The State of the Nation’s Housing 2012, was crafted by the Joint Center for Housing Studies (JCHS) which stated a true market … [Read more...]
Buyers interested in short-sales homes in East St. Louis recently got a new ally in the Federal Housing Finance Agency (FHFA) when they enacted a new mandate regarding procedures dealing with such properties. The housing market recovery has been slowed by banks not wanting to lend due to low home prices. Since much of the drag on home prices are due to … [Read more...]
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