“The uptrend in home sales is in line with all of the underlying fundamentals – pent-up household formation, record-low mortgage interest rates, bargain home prices, sustained job creation and rising rents,” NAR’s Chief Economist Lawrence Yun says. via Home Sales on the Rise: Ready for Spring Buying Season? | Realtor Magazine.
“We want [banks] to take a balanced approach. We want them to make prudent loans, but we don’t want them to turn away creditworthy borrowers,” said Federal Reserve Chairman Ben Bernanke via Fed Chair Says 'Normal Lending' Key to Recovery | Realtor Magazine.
A settlement announced this week among state and federal officials and the nation’s five largest banks is the largest joint state-federal settlement in history against an industry. The settlement, which amounts to somewhere between $25 billion and $26 billion, is aimed at fixing some of the mortgage abuses over the last few years that caused [...]
I’m John Flynn and I’ve lived in the Brazos Valley for over 29 years. It’s a great place to call home! I received my Computer Science degree from TAMU in 1986 and spent the next 12 years as the owner of Computer Access, a retail computer store. I sold that business in 1998 and spent the next 7 years in multifamily property management. In 2002 I became a Realtor and in 2007 obtained my real estate broker’s license. I love working with buyers and sellers and enjoy the challenge of each transaction. I am married with 3 boys. Other interests include Mountain bike riding, coffee roasting, sport cars, camping and outdoor activities. I also have a love of aviation and hold a Commercial, Instrument, Multi-Engine certificate.
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