All Blog Posts Tagged 'new' (36)

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…

Changes in Popularity of Features in New Homes

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.

Sunrooms…

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…

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…

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…

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…

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:

Home…

Understanding the New Rules for Jumbo Mortgages…

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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…

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…

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.…

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…