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homebuyer: Why are interest rates seemingly rising lately? It's simple... - 01/22/09 01:34 PM
You may be wondering why rates are rising again. Simply, borrower demand is driving up pricing, because banks raise their rates as the available capacity starts to feel pressure and leads to them wanting to realize greater profits (not such a big surprise here). Hopefully this will ease demand, so if rates continue to see demand from borrowers, they (banks, in reaction to investors) start to drive the pricing of interest rates up to ease the capacity. You'll see this occur, because it's basically the rule of supply and demand, amongst other factors as you will read below in this re-post of
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homebuyer: Top Stops For Home Buyers Shopping Are Internet, Agents and... - 01/13/09 12:38 PM
[Originally posted at my blog, click here] An overwhelming majority (87%) of recent home buyers in the US say they used the internet as an information resource during their home-buying process, and nearly one-third say they first learned about their newly purchased home from an online channel, according to a study from the National Association of Realtors (NAR). When asked where they first learned about the home they purchased, 34% of buyers said a real-estate agent; 32% cited the internet; 15% said from yard signs; 7% said from a friend, neighbor or relative; 7% said home builders; 3% said from
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homebuyer: Some Daunting Numbers for US in Real Estate Market Report for 01/13/09 - 01/13/09 12:20 PM
[For the most current issue click here] Jan 13, 2009 Real Estate & Economic Report from Ed Bisquera of Mortgage Express metro markets of Portland, Oregon & Vancouver, Washington. Featuring news for homebuyers, homeowners, realtors and the general real estate market. Daunting Numbers It was not like we were not warned. They were expected. Yet, the reality of the numbers were quite sobering. The employment statistics for December and 2008 were horrific to say the least. Over 2.5 million jobs were lost in 2008 and the loss in December alone was over 500,000. The job losses caused the unemployment rate to
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Ed Bisquera
Vancouver,
WA
More about me
Ed Bisquera | 360-597-8283 | Bond Social Media
Address: 1001 Main St Suite A, Vancouver, WA, 98660
Cell Phone: (360) 597-8283
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