NEW-HOME SALES GAIN STEAM
Article by: Daily Real Estate News (February 27, 2013)
Sales of new single-family homes in January rose to its fastest pace since 2008, leading to more confirmation that the…Continue
Added by Kenneth Bargers on February 27, 2013 at 12:17pm — No Comments
The national economy runs through cycles similar to the fashion industry. Things that seem irresistible and trendy this year may be old news by the time next year rolls around. As a result of the economic down turn from the past few years most home builders are turning their attention to items that are practical instead of luxurious.
Added by Michael Collins, SFR on January 10, 2013 at 4:20pm — No Comments
Added by Tom Fallos on November 12, 2012 at 12:30pm — No Comments
Millions of Americans have refinanced their mortgages as rates have dipped to new lows.
However, mortgage lenders say: If home owners had shopped around more, they probably could have snagged an even lower rate and more savings.
Many borrowers settle on the first rate they're quoted, lenders say. LendingTree says that rates can vary by more than a percentage point for a borrower looking for a 30-year fixed loan.
Mortgage Daily illustrates the loss to the…Continue
Added by GLOZAL on September 13, 2012 at 9:23am — No Comments
Added by George Fotion on July 7, 2012 at 2:07am — No Comments
Added by George Fotion on July 1, 2012 at 3:25pm — No Comments
Added by George Fotion on May 2, 2012 at 1:23pm — No Comments
Construction slowed dramatically in recent years but has been showing signs of picking up in pockets across the country.
“There were a substantial number of projects deferred in 2008 and 2009 but those cases are much less so today, looking at 2010, 2011, and now in 2012,” says Robert Murray, vice president of economic affairs at McGraw Hill Construction, a construction data firm.
While construction has been increasing in recent months, it’s still far from its 2006 peak: New…Continue
Added by GLOZAL on April 4, 2012 at 1:57pm — No Comments
Article by: Daily Real Estate News (March 21, 2012)
February Existing-Home Sales Slip But Up Strongly From a Year Ago
February existing-home sales declined from an upwardly revised January pace but are well above a year ago, while the median price posted a slight gain, according to the National Association of REALTORS®. Sales were up in the Midwest and South, offset by declines in the Northeast and West.
Total existing-home sales, which are…Continue
Added by Kenneth Bargers on March 21, 2012 at 5:01pm — No Comments
So how long IS it taking to sell a Palos Verdes home?
Most agents are trained to give you what the “average days on market” are but that really is a misleading statistic. What you REALLY need to know as a seller is how many days of unsold inventory are there on the…
Added by George Fotion on February 29, 2012 at 7:36pm — No Comments
I feel somehow un-American or un-Hoosier by not posting on the Super Bowl this week. BUT - I have placed a link towww.indianapolissuperbowl.com right here.
I am not a sports fan - but I am TOTALLY excited about the Super Bowl events and what it brings to not only Indianapolis - but our entire state!
I love my hometown and can't wait to share it with the world.
BUT - since I have…Continue
Added by Prudential Indiana Realty Relo on January 30, 2012 at 2:00pm — No Comments
Several recent indicators for the real estate industry are pointing to a market that is on the mend and entering recovery mode.
Housing experts’ predictions for the new year tend to center around a market stabilizing before entering a gradual, albeit very slow, recovery. However, the tone is more upbeat than it has been in years for the housing market.
Here are a few of the signs that are showing the market moving in a more positive direction:
Added by Kenneth Bargers on January 17, 2012 at 7:29pm — No Comments
Added by Michael Collins, SFR on January 13, 2012 at 1:30pm — No Comments
Added by Cosimo Genovese on January 6, 2012 at 5:13pm — No Comments
NO excuses, folks. Don't drink and drive- and don't ride with anybody who does.Tipsy Tow offered by AAA: You don't have to be a AAA member, from 6pm-6am on New Year's Eve/Day they will take you and your car home for FREE. Save this number... 1-800-222-4357. …Continue
Added by Prudential Indiana Realty Relo on December 29, 2011 at 3:30pm — No Comments
Sales ticked up for existing homes and new homes, several real estate market indicators revealed last week, pointing to a housing market that may finally be entering recovery mode.
In the most recent report, the Census Bureau reported that the new-home market continued its rebound, with sales of new houses once again inching up last month. New-home sales rose 1.6 percent from October to November to an annualized rate of 315,000, and sales were up nearly 10 percent compared to November…Continue
Added by Kenneth Bargers on December 28, 2011 at 10:06am — No Comments
New-home construction and building permits — a future gauge of construction — surged last month, slowly helping to pull the new-home market out of one of its worst years for home building.
Builders broke ground on more homes in November, a 9.3 percent increase over October, reaching the highest level since April 2010, the Commerce Department reported Tuesday. Year-over-year, new-home starts were up 24.3 percent in November.
Home construction increased to a seasonally adjusted…Continue
Added by Kenneth Bargers on December 20, 2011 at 4:50pm — No Comments
Today we uploaded many new pictures of the short sale condo located at 449 Farnham St #2 in Marshall Wisconsin. Click below to go to the property site. Own this Wonderfully maintained Marshall condo unit that has vaulted ceilings with skylights. Move-in ready. Complete with appliances including dishwasher, microwave oven, and washer dryer. Short drive to Madison Wisconsin. Subject to lender approval of short sale.…
Added by Michael Collins, SFR on December 15, 2011 at 11:04am — No Comments
Added by George Fotion on December 1, 2011 at 11:59am — No Comments
MARKET COMMENT Mortgage bond prices ended slightly lower last week, which pushed mortgage interest rates higher. Weak stocks and continued Euro debt concerns helped rates improve early in the week. The data generally helped rates as well. Q3 GDP disappointed with 2% increase compared to the expected 2.5% mark. The Treasury auctions had strong demand and also helped the overall bond market. The shortened and thin trading conditions fortunately did not result in any extreme…Continue
Added by Kenneth Bargers on November 28, 2011 at 1:30pm — No Comments