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In the real estate industry, there are different types of markets: neutral, buyer’s and the seller’s market. It all depends on who benefits the most from the market conditions. In this article, we will focus on the market where home sellers get the most benefit. As the buyer, especially a first-time homebuyer, you need to …
One of the most frustrating factors in the house hunting process that many people face is a lack of communication. Many real estate agents don’t keep house hunters abreast of changes that take place during the process. Excellent communication is a feature that our company prides itself on.
Home buying got even more affordable this week as the 30-year fixed-rate mortgage set a record low for the fourth week in a row. In its latest Primary Mortgage Market Survey, Freddie Mac reported that the 30-year fixed-rate mortgage dropped to 3.78% last May 24, a slight drop from last week’s averaged of 3.79%. The …
30-Year Mortgage Rate Sets a Record Low for 4th Week in a Row Read More »
The housing affordability on a national scale in the U.S. hit a new record high in the first three months of 2012, this according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). The recent Housing Opportunity Index shows that 77.5% of all existing and new homes that were sold in the …
U.S. Housing Affordability Hits a New Record High Read More »
Despite the housing downturn that started in 2008, the demand for green homes has grown significantly, this according to the green home building study produced by McGraw-Hill Construction in collaboration with the National Association of Home Builders (NAHB) and Waste Management. Harvey M. Bernstein, VP of Industry Insights and Alliances of McGraw-Hill Construction, in a …
Demand for Green Homes has Grown Significantly Since 2008 Read More »