Author Archives: Admin

Fed Plan Lifts Mortgage Markets

Tuesday, the Fed’s surprise announcement of a new $200 billion lending facility led to a 400 plus point rally in the Dow, the biggest one day percentage gain since March 2003. The effect on mortgage rates was also favorable. The … Read more >

Real Estate Market Conditions for Rochester, MN (March 3-9, 2008)

There are currently 1,115 active listings for sale in the Rochester, Minnesota residential real estate with an average list price of $236,404 and an average of 168 days on the market.

Last week (March 3 through 9, 2008) there were … Read more >

Paul and Heather Briggs

Selling a house can be tough. It is especially difficult in a market like the one we are facing now. My husband, Paul and I set out to sell our house last summer and move into our dream home. Unfortunately, … Read more >

Mortgage Rate Volatility Continues

In a week packed with major economic news, the biggest story for mortgage markets was the widening spread between mortgage backed securities and Treasury bonds. Issued by the US government, Treasury bonds are generally considered to be the benchmark for … Read more >

FHA mortgage limits increased in Olmsted County!

Effective today the new maximum FHA loan limit for Olmsted county has increased to $271,050.  FHA allows a little more flexibility for borrowers with less then perfect credit or down-payment money that is being gifted to them. This is also  … Read more >

Shawn Buryska has been awarded the ABR designation!

Chicago, IL – We are happy to announce that Shawn Buryska has successfully completed the course requirements and has earned the designation ABR on March 4th 2008. The Accredited Buyer Representative (ABR®) designation is the benchmark of excellence in buyer Read more >

Rochester, MN Real Estate Conditions (Feb 25 – March 2, 2008)

There are currently 1068 active listings for sale in the Rochester, Minnesota residential real estate with an average list price of $235,391 and an average of 179 days on the market. 

Last week there were 85 new listings with an … Read more >

Quick Tour of the All-New ShawnBuryska.com

My theory throughout my career has been if you can freely offer people solid and helpful advice you’ll stand apart from crowd.

When the internet started to be used by the masses, I saw it as the perfect venue to … Read more >

Fannie, Freddie and Bernanke

The biggest economic news of the week was expected to come from Fed Chief Bernanke, but a surprise announcement from OFHEO had the greatest impact on mortgage markets. Wednesday, OFHEO, the government regulator of Fannie Mae and Freddie Mac, announced Read more >

Interest Rate Commentary

Commentary: Producer prices jumped a surprisingly sharp 1.0% in January – more than doubling the consensus forecast for a gain of 0.4%. The twelve-month growth in aggregate producer prices now stands at a 26-year high. Core producer prices, (a statistical … Read more >