Jeff Thomas
January 2010

Market Trends

January 26, 2010 by Jeff Thomas · Leave a Comment 

Mr. Market seems to be wanting to move down for the second leg of the correction – I’d expect markets to continue to sell off here on the indexes, and with that will go a further drop in consumer confidence which could weigh heavily on housing in the months ahead.   To see the existing [...]

New Home Search App for the I-Phone

January 26, 2010 by Jeff Thomas · Leave a Comment 

 Take your home search mobile – for FREE!
The REALTOR.com® iPhone App

Instantly access over 4 million homes
View listings on an interactive map
Share listings via Facebook & Twitter

Homebuyer Tax Credit and IRS Form 5404

January 24, 2010 by Jeff Thomas · 1 Comment 

Fairfax, Virginia:
The Worker, Homeownership, and Business Assistance is the larger bill that included the homebuyer tax credit additions. Taxpayers wanting to take advantage of the first time home buyer credit (up to $8,000) or the new repeat home buyer tax credit (up to $6,500) can now get the revised IRS form 5405 to submit with [...]

90-Day Seasoning Waiver Expanded

January 18, 2010 by Jeff Thomas · Leave a Comment 

90-Day Seasoning Waiver Expanded
Fairfax, Virginia: This update from FHA Virginia Loans was released on Friday January 15th, 2010, as an excerpt from the CFR (Code of Federal Regulations) without a corresponding Mortgagee Letter and contains information about FHA’s policies regarding the waiver of the 90-day seasoning required for sellers.
Here are the 6 things you need [...]

Tribute To Dr. Martin Luther King

January 16, 2010 by Jeff Thomas · Leave a Comment 

Fairfax, Virginia
From Dr. Martin Luther King Jr.
In honor of Dr. Martin Luther King, I decided to dedicate this post to the incredible speech he gave on August 28, 1963. The speech gives you the opportunity to see compassion, enthusiasm, and the opportunity to inspire others into action, just as Dr. King did during his short [...]

The Times They Are A Changing

January 8, 2010 by Jeff Thomas · Leave a Comment 

What’s ahead for home loans in 2010
This year could bring significant changes from 2009 for those seeking home loans. Over the last year, home prices fell to 2003 and earlier levels in many parts of the country. In addition, home loan rates declined to the lowest levels on record and this combination led to the [...]

Jeff Thomas