February 17th, 2012
According to recent reports from the housing index generated by the National Association of Home Builders and Wells Fargo, the most affordable time to purchase a home in the last two decades is right NOW. The National Association of Home Builders/Wells Fargo Housing Index looks at the percentage of new and existing homes on the [...]
February 7th, 2012
Mortgage rates hit a new low last week once again as the 30-year fixed averaged 3.87%, and the 15-year fixed fell to 3.14%. Even just a year ago, the rates were nearly a full point higher, sitting at 4.81%, and costing borrowers thousands of dollars more a year than what they would be paying at [...]
November 3rd, 2011
This week the US Census released data on homeownership statistics nationwide, finding that ownership rose slightly in the 3rd quarter over the previous quarter to 66.3%. Although only a minor increase over the previous quarter, it marks the first time since mid 2008 that the rate has increased quarter over quarter. Not surprisingly, the rate [...]
June 13th, 2011
By Dan Levitan Levitan & Associates 1. New homes are better designed with rooms, space allocation, utilization and traffic patterns that are appropriate for the way people live today. 2. New homes are light, bright and comfortable providing an enhanced living experience. 3. New homes provide new mechanical systems and appliances with manufacturer warranties that [...]
August 30th, 2010
“…here’s my list of those absolutely essential things you want to have on hand from Day 1 of moving into a new place.”
July 23rd, 2010
People planning to live in a new home for only 10 or 15 years before moving into a retirement community should consider taking on a bigger mortgage rather than sinking most of their cash from the sale of a previous home into the property.
June 16th, 2010
According to the results of a newly released study of nearly 2,000 American baby boomers — those born between 1946 and 1964 — commissioned by the National Association of REALTORS (NAR), ten percent of all boomers are considering buying real estate in the next 12 months and 15 percent of those respondents said they were [...]
June 14th, 2010
“I think realism has set in some, and the sellers are saying, ‘If there’s a buyer out there and we can come to terms, let’s do it…”
June 9th, 2010
Although real estate moves in cycles, sometimes up, sometimes down, over the years, real estate has consistently appreciated.
