February 27th, 2012
The Census Bureau reported in the last week that new homes sales have exceeded expectations for January. Sales of new homes hit an annual rate of 321,000 in January and 324,000 in December according to the Census Bureau and CNNMoney. The inventory of new homes continues to shrink despite a noticeable boost in housing starts [...]
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 [...]
December 21st, 2011
According to the National Association of Home Builders and Wells Fargo Housing Market Index, builder confidence has risen yet again in December to its highest level since May 2010. This is also the first time since 2009 where this confidence has risen for 3 straight months. The builder confidence scale is calculated on builders’ outlook [...]
December 15th, 2011
Mortgage rates, yet again, have fallen to record lows in the past week. According to Freddie Mac, the 30-year fixed mortgage rate sunk to 3.94% which matches the record low set 10 weeks previous in early October. The 15-year fixed mortgage is also down to a new low of 3.21% which is lower than the [...]
November 15th, 2011
A report released by the Census Bureau in October took a look back at home sales over the previous months and has determined that the sales of new homes increased slightly in September, reaching an annual rate of 313,000. The rate, which has been around 300,000 for several months, is a key indicator for both [...]
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.”
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…”
