Website Changes Coming Soon…

February 23, 2010

To best serve our customers, Team Marks&Marks will be updating their website. Featured content will be updated daily, and personalized videos will be posted to keep visitors up to speed on mortgage trends. Please follow us on Twitter at www.twitter.com/tonymarks for further updates.

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House votes to expand homebuyer tax credit

November 5, 2009

By STEPHEN OHLEMACHER (AP)
WASHINGTON — Buying a home is about to get cheaper for a whole new crop of homebuyers — $6,500 cheaper.
First-time homebuyers have been getting tax credits of up to $8,000 since January as part of the economic stimulus package enacted earlier this year. But with the program scheduled to expire at the [...]

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Congress giving homebuyers a $6,500 tax break

November 5, 2009

By STEPHEN OHLEMACHER (AP) –
WASHINGTON — Buying a home is about to get cheaper for a whole new crop of homebuyers — $6,500 cheaper.
First-time homebuyers have been getting tax credits of up to $8,000 since January as part of the economic stimulus package enacted earlier this year. But with the program scheduled to expire at [...]

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Settling in Savannah

November 3, 2009
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On a Mission in Orlando

November 3, 2009
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House Hunters: Million Dollar View

October 30, 2009
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Economy in U.S. Expands

October 29, 2009

Oct. 29 (Bloomberg) — The U.S. economy grew in the third quarter for the first time in more than year, propelled by stimulus-driven gains in consumer spending and home building.
The world’s largest economy expanded at a 3.5 percent pace from July through September, exceeding the median estimate of economists surveyed by Bloomberg News, after shrinking [...]

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New Home Sales Fall

October 28, 2009

WASHINGTON (Reuters) – Sales of newly built U.S. single-family homes unexpectedly tumbled 3.6 percent in September in their first drop since March, but the inventory of new homes available at the end of the month shrank to the smallest in 27 years, government data showed on Wednesday.
September single-family home sales totaled 402,000 units at an [...]

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Case-Shiller Graph: October Update for Home Prices

October 27, 2009

By Phil Izzo
The S&P/Case-Shiller 20-city home-price index, a closely watched gauge of U.S. home prices, rose 1.2% in August from July in the fourth straight monthly increase, but prices remain below year-earlier levels.
For the 17th straight month, no area in the 20-city index posted a year-over-year price gain. That put nationwide prices at levels seen in [...]

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Housing Market Faces Hard Road to Normal

October 27, 2009

By Vivien Lou Chen
Oct. 26 (Bloomberg) — The U.S. housing market faces a “difficult” return to normal because government-sponsored enterprises own or guarantee most mortgage lending while alternative sources have disappeared, said an economist with the Federal Reserve Bank of San Francisco.
“Fannie Mae, Freddie Mac, and Ginnie Mae now own or guarantee an overwhelming share [...]

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