The Experts You Can Trust
According to Trulia’s Price Monitor, asking prices of homes in August this year increased by 2.3% compared to the previous year. This was the biggest year-over-year increase since the U.S. recession, Trulia reported. Not including foreclosures, Trulia reported that asking prices increased nationwide by 3.8% compared to the previous year.
The average 30-year and 15-year mortgage rates remain close to record lows, this according to the latest results of Freddie Mac’s Primary Mortgage Market Survey. Last Sept. 6, Freddie Mac reported that the 30-year fixed-rate mortgage averaged at 3.55%, a decrease from last week’s average rate of 3.59%. Six weeks ago, the 30-year fixed-rate mortgage …
According to RealtyTrac, foreclosure-related sales accounted for 23% of all U.S. residential sales during the second quarter of this year. RealtyTrac, which monitors foreclosed properties, reported that the foreclosure-related sales in the second quarter of 2012 climbed up from the 22% in the first quarter of this year and up by 19% from the same …
One in Four U.S. Home Sales in 2Q 2012 are Foreclosure-Related Sales Read More »
The cities of Columbia and Ellicott in Howard County, Maryland were chosen as this year’s number 8 “Best Places to Live” by CNN. “Living on the border of Columbia and Ellicott City offers the best of both worlds — a charming, historic downtown with plenty of restaurants (Ellicott City) and a thoughtfully laid-out planned community …
Two Cities in Maryland Voted by CNN as Best Places to Live Read More »
Based on the latest housing statistics of the Maryland Association of Realtors (MAR), the average home price and median home price in Maryland for the month of July this year climbed up yet again. MAR’s latest housing statistics show that the average price of homes sold in Maryland last July was $307,383, a 3.8% increase …
Maryland’s Home Prices Rise Yet Again in July 2012 Read More »