by: Carrie Bay After a worse than expected falloff in home sales during the month of July, buzz about a possible revival of the federal homebuyer tax credit has begun to surface. The National Association of Realtors (NAR) reported last week that sales of previously owned homes plummeted 27 percent in July, hitting their lowest [...]
Monthly Archives: August 2010
Mortgages: How to Pay Less
By JESSICA SILVER-GREENBERG The interest rates for 30-year fixed-rate mortgages are in free fall, averaging just 4.44% on Aug. 12, according to Freddie Mac. Not only was that down from 5.07% in January, it was the lowest since Freddie began keeping records in 1970. But even better deals can be found at smaller banks and [...]
J.D. Power Study Confirms, It’s Still a Buyers’ Market
DSnews.com 07/28/2010 By: Carrie Bay The real estate downturn has sent home prices tumbling, inflated housing inventories, and prompted stimulus programs that have pushed mortgage rates to record lows and given homebuyers tax breaks and cash incentives for their purchases. Undoubtedly, it’s a buyers’ market. A new study released by J.D. Power and Associates Wednesday [...]
August Newsletter- Great info to share…
This Month in Real Estate August 2010…………………………………………………………………………………………………………………………….. Market Update Housing activity continues to remain above year-ago levels despite some setbacks resulting from the now-expired tax credit. Improved stability in home prices with similar levels of distressed properties seen last year offers a hopeful sign the market is holding its ground. However, the economy still has [...]
Yay! My 1st post…
I’m so excited to share the latest and greatest in real estate news! Check out my blog to find out what’s happening in our local market and get the answers you’re looking for. Also read my monthly newsletter and pass it on so friends and family can empower themselves with FACTS. You ask & I answer….
