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According to the National Association of Home Builders index,  housing market confidence has increased 3 points from April to May averaging around 44 points. The chairman of the building association,  Rick Judson said, “builders are noting an increased sense of urgency among potential buyers as a result of thinning inventories of homes for sale, continuing affordable mortgage rates and strengthening local economies.” Additionally, the current-sales index gained 4 points this month and future expectation of home sales also increased 1 point, reaching  its highest average since early 2007. More here

 

Fixed Mortgage Rates Show Slight Increase
05/13/2013
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by Coos Bay Properties According to Freddie Mac’s weekly survey, 35-year fixed mortgages increased from 3. 35% to 3. 42% this week. The housing market is gaining more strength as it marches further into 2013 with low mortgage rates, more… more
Unemployment Applications Decrease By 42, 000
04/14/2013
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by Coos Bay Properties According to the Labor Department, weekly unemployment aid applications fell by 42, 000 last week showing improvement in job growth. Last month, employers added only 88, 000 jobs while in February 220, 000 jobs were added to… more
U. S. Economy Grows
03/29/2013
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by Coos Bay Properties The current United States’ economic outlook has grown this year, and according to the Organization for Economic Cooperation and Development, the economy is expected to grow by 3. 5% by the end of the year’s… more
Home Construction Starts Fuel Economic Growth
03/08/2013
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by Jan Delimont by Coos Bay Properties CNNMoney surveyed a large group of economists and over half agreed that the housing market is fueling the economy this year and promoting further growth. Keith Hembre, Chief economist at Nuveen… more
Home Construction Starts Fuel Economic Growth
03/01/2013
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by Coos Bay Properties CNNMoney surveyed a large group of economists and over half agreed that the housing market is fueling the economy this year and promoting further growth. Keith Hembre, Chief economist at Nuveen Asset Management, a… more
Single-Family Housing Units Soar
02/21/2013
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by Coos Bay Properties Future home-building permits have increased to a 4 1/2 year high and single-family units have soared to the highest level seen since the middle of 2008. In comparison, multi-family unit housing has started the month of… more
Housing Starts And Completions Flourish
02/02/2013
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The housing market maintains a promising future as monthly, and annual growth continues. Housing starts in 2012 were 28. 1% higher than housing starts in 2011. Analysts found that as 2012 came to an end, housing starts gained strength. The majority… more
Mortgage Rates Near All-Time Record Lows
01/07/2013
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According to Freddie Mac, last week’s 30-year fixed mortgages averaged around 3. 34%, which is down from the previous week when it averaged 3. 35%. 15-year fixed rate mortgages last week averaged 2. 64%, 0. 7% down from the previous week. The 5… more
Home Buyers Feel Pressure To Purchase Fast
12/27/2012
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Confidence is growing in many home buyers while the sense of urgency to purchase quickly may, as well, be growing. 70% of home buyers believe that home prices will continue to rise and are acting accordingly. Only 30% of future buyers believed that… more
 
Jan Delimont, Principal Broker (Prudential Seaboard Properties) Rainmaker_large

Jan Delimont, Principal Broker

Coos Bay, OR

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Prudential Seaboard Properties

Address: 556 N. Bayshore Drive, Coos Bay, OR, 97420

Office Phone: (541) 269-0355

Cell Phone: (541) 290-1850

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Looking to buy or sell a home in Coos Bay, Charleston, North Bend, Telegraph Hill, Simpson Heights, Lakeside, Bandon or Coquille, Oregon? Jan Delimont (541-290-1850) is just the person to help you out. Licensed in Oregon

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