tag:blogger.com,1999:blog-40584634384237505642009-02-20T18:21:53.265-06:00PensacolaRealEstateLew Nonnenmocher is a retired Naval Officer and Associate Broker with with RE/MAX on the Coast. Pam Nonnenmocher is a Realtor with RE/MAX who is a Graduate of the Realtor Institute for Higher Education (GRI) and a Certified Specialist in Real Estate for Seniors. We've put together this blog as just another way to help educate and inform those thinking for relocating to the beautiful Pensacola area and as a means to pass along information associated with the local Real Estate Market.Lewhttp://www.blogger.com/profile/04619779508586274381noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4058463438423750564.post-9338174586531968442007-09-11T11:38:00.000-05:002007-09-11T11:45:05.874-05:002007-09-11T11:45:05.874-05:00The hot topic in Real Estate now is the mortgage world. Before we go any further, it's important to define a few terms you've probably heard or read about (I don't mean to patronize anyone):Conforming Loans - These are the loans which do not exceed the maximum loan amount of the secondary markets (currently I believe $417,000) or those folks who have acceptable credit scores, 20% to put down on Lewhttp://www.blogger.com/profile/04619779508586274381noreply@blogger.com0tag:blogger.com,1999:blog-4058463438423750564.post-303222245784185312007-09-11T11:12:00.000-05:002007-09-11T11:37:38.582-05:002007-09-11T11:37:38.582-05:00As I'm sure you've seen in the news lately, nationally, we're continuing our housing slump. I recently read an article which stated that (nationally) more new homes were sold in July 2007 than any other month since I believe they said a particular month in 2003. The article went on to say, although there were record sales, the decrease in sales price of those homes sold in July also represented aLewhttp://www.blogger.com/profile/04619779508586274381noreply@blogger.com0