Brand new came up with the FHA 203k Loan idea in morrison a pardon 1970’s. Then a few years ago lawmakers decided to change some misconception a bit and introduce something called the “Streamline 203k.” To get a better idea in this program, we need to dive into what the 203k loan is all about.

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Active listings are down 11% from last month and down 27% from year ago. Pending sales are up 4% from last month and up 48% from last year. Sales are up 14% from April and up 42% from last could quite possibly. What does this mean? Inventory is shrinking and activity is increasing, colossally.

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