Tagged : real estate market

Found 26 blog entries tagged as "real estate market".

home_oleksandrmarynchenko_450cnbc.com - Next year is going to be a great one for real estate, two pros in the sector told CNBC on Monday. 

For broker Fred Glick, it's all about jobs, oil prices and interest rates, which translate into more money in consumers' pockets and more confidence.

"This is all going to turn around to a happiness. I call it the axis of housing happiness in that you have jobs, you have low oil prices and you have low interest rates."

To read more of this article, click the link below:


Photo:  ©[OleksandrMarynChenko]/123RF.COM

393 Views, 0 Comments

housekeys_voronin_450bloomberg.com - Americans snapped up previously owned homes in May in the biggest monthly sales gain in almost three years, a sign the residential real estate market is regaining its footing after a stumble early in the year.

Purchases climbed 4.9 percent, the biggest increase since August 2011, to a 4.89 million annualized rate, figures from the National Association of Realtors showed today in Washington. The level was the strongest since October. The report also showed price appreciation is slowing as more homes become available.

To read more of this article, click the link below:

Photo:  ©[Voronin]/123RF.COM

456 Views, 0 Comments

moneyhouse_oleg-doroshin_450zillow.com - Buyers and sellers in real estate are always so focused on the bottom line, the big number, the listing price and the offer price. But the truth of the matter is, it’s not always about price. Sure, a buyer can’t expect a 10 percent discount for writing a sappy letter to the seller. But when you are in the market, be open to being creative, take the sole focus off the price and consider the seller’s entire sale situation.

If competition is fierce in your market and you want a leg up, or you just want to try to pay a little less than full price, think outside the box. Here are three ways you can be creative in your offer and increase your odds of getting the home you want.

To read more of this article, click the link below:

Photo:

475 Views, 0 Comments

interest__max5128_450realtor.com - Mortgage rates for most U.S. home loans remained largely unchanged this week following news of rising unemployment claims.

The average for a 30-year fixed-rate mortgage rose to 4.28 percent, up slightly from 4.23 percent last week, according to the latest survey from mortgage buyer Freddie Mac. Although the increase was small, it marked the first time the 30-year fixed-rate mortgage has risen in 2014. The popular loan averaged 4.53 percent at the start of 2014 and was at 3.53 percent a year ago.

To read more of this article, click the link below:

Photo:  ©[max5128]/123RF.COM

587 Views, 0 Comments

interest__max5128_450Mortgage rates dipped for the second consecutive week, with the most popular loans falling to their lowest marks since late November.

Key rates saw a sharp dip last week amid signs that the economy and housing market may be too weak to handle a large upswing in home prices.

To read more of this article, click the link below:

Photo:  ©[Max 5128]/123RF.COM

486 Views, 0 Comments

menhouse_sellingpix_450zillow.com - Before any lender will loan you money to buy or refinance a home, the lender will attempt to get some idea of what the property is worth. After all, the real estate serves as the collateral that you will be putting up to secure the loan.

Typically the lender will order an appraisal report. The value returned on this report will determine how much the lender is willing to lend.

Here is a simple guide to help you understand this sometimes very confusing document.

To read more of this article, click the link below:

Photo:  ©[Sellingpix]/123RF.COM

472 Views, 0 Comments

bank__olegdoroshin_450Mortgage rules under The Dodd Frank Wall Street Reform and Consumer Protection Act will change on January 10, 2014, affecting both homeowners who want to refinance, and first-time homebuyers who need a mortgage.

If you're wondering which rule change will have the biggest impact on mortgage seekers, the answer is the rule regarding allowable debt-to-income (DTI) ratio. The DTI is your monthly debt repayments (including your prospective mortgage, and any other loan or alimony payments you must make) divided by your gross monthly income (your income before taxes).

To read more of this article, click the link below:

Photo:  ©[Oleg Doroshin]/123RF.COM

491 Views, 0 Comments

livingroom__karammiri_450realtor.com - You’ve moved on up. You made apartment living a thing of the past. Or you found a way to trade that small, starter home for a larger model.

Finally, room to stretch! But also, more space to fill.

All those fabulous Pinterest finds and that living room of your dreams take time, and money, to assemble. Follow these tips to keep your sanity and your budget in line when sizing up:  Don’t Buy Until You’ve Bought, Live First, Buy Later, Budget, Budget, Budget, Invest in Basic Tools, Hit the Most-Used Rooms First, Keep Things Moving, Retain Those Small-Space Habits, and Retain Those Small-Space Habits.

To read more of this article, click the link below:

Photo:  ©[karam miri]/123RF.COM

580 Views, 0 Comments

moneyhouse_oleg-doroshin_450Home prices will rise in 2014 but at a slower, more steady pace compared with historical trends.

The housing recovery has pushed up home prices nearly everywhere. In the past year, home prices rose in 225 of the 276 cities tracked by Clear Capital, a provider of real estate data and analysis. Prices nationwide increased  by 10.9 percent, pushing the median price for existing homes up by $30,000, to $215,000. For people who have waited to sell their home or refinance their mortgage, that's good news.

To read more of this article, click the link below:

Photo:  ©[Oleg Doroshin]/123RF.COM

713 Views, 0 Comments

housekeys_voronin_450zillow.com - The housing market is improving every day, and as a result, homes nationwide spent far fewer days listed for sale on Zillow in September than a year ago — one month less, to be exact.

Homes sold in the U.S. in September spent a median of 86 days on Zillow, down 30 days from 116 days in September 2012.

To read more of this article, click the link below:

Photo:  ©[voronin]/123RF.COM

493 Views, 0 Comments