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rates: The Mortgage Report - 09/03/08 06:40 PM
The Good News
According to the Federal Reserve, American homeowners saw their net housing equity-or the values of their property minus mortgage debt-grow from $6.2 trillion to $9.6 trillion from 2000 to 2007.
According to the National Association of Realtors, America is adding close to 1.5 million new households per year which will create an increasing demand for homes.
The Bad News
According to the Office of Thrift Supervision, nearly 2.3 million homes totaling 3 percent of the nation's housing stock, are vacant and on the market.  This represents over a 10-month supply given current sales.  Foreclosures and mortgage payment delinquency … (0 comments)

 
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Team Jodi - Chapel Hill Real Estate, Durham Real Estate

Chapel Hill, NC

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Jodi Bakst, Broker @ Chapel Hill Realty

Address: 6011 Farrington Road, Ste 102, Chapel Hill, NC, 27517

Cell Phone: (919) 697-5014

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If you are buying or selling in Chapel Hill, Carrboro, Durham, Hillsborough, Durham or Orange, Durham or Chatham Counties, you have come to the right place. Jodi Bakst and her Team of Real estate specialists provide seamless customer service for our buyer and seller clients throughout their relocation or move.


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