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Spike in Mortgage Rates
By Victoria
Have you heard what is going on with mortgage rates? See below for this months graph and an illustration of the recent upward trend. For those looking to purchase real estate with little cash, this can have a huge impact on afforability. To understand how it impacts you, give me a call.
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National Housing Market News for July
 More real estate contracts were signed in April than in March. The Pending Home Sales Index reached 106 in April, up 0.3 percent from 105.7 in March. What's more, the index is 10.3 percent above April 2012 levels. The last time index levels were this high was April 2010, when the looming deadline for the home buyer tax credit fueled a buying frenzy. For the past two years, pending home sales have posted above levels from... Read More |
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Consumer Confidence Index Reaches 5 Year High
 The Conference Board Consumer Confidence Index has been on an upswing in the past few months. From 69.0 in April, the index increased to 76.2 in May, a five-year high. The last time the index reached this height was in February 2008, when it posted 76.4. Consumer confidence had taken a hit in recent years due to the fiscal cliff and payroll-tax hike. But the increase in the Consumer Confidence Index shows that Americans are feeling more confident about their future... Read More |
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5 Ways to Keep Your Home Safe During Summer Vacation
 Many homeowners spend their vacations worrying about all the things that could go wrong at home while they are away. These tips will help the vacationer get away from it all with more peace of mind.
Security Systems
A good security system isn't cheap, but there are paybacks. Discounts, for instance, on home insurance premiums can be as much as 15%, according to the Insurance Information... Read More |
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Outfit Your Front Porch for
Easy Summer Living
 If you want to increase your home's communal square footage without adding a room, the perfect answer could be right outside your front door. An existing porch is the ideal spot for entertaining or relaxing. Make it happen with strategic decorating to make your porch feel every bit as comfortable and inviting as your indoor living areas.
A Private, Shady Nook
A scenic view is nice, but what if the neighborhood is too close for comfort? What if your east-facing porch is roasting in the morning—and it's not the coffee? The solution is to give your porch what your indoor living areas have, walls. Even movable walls create... Read More |
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Don't Make These Mistakes When Choosing a Home Improvement Contractor
 Consumer complaints and lawsuits regarding home improvements are on the rise according to Ripoff Reports; a homeowner that does not do their homework before embarking on a project could find themselves with poor workmanship, inferior products, health and safety issues or even legal problems.
So what's a homeowner in
need of a fix up to do?
"Start by reviewing the three most common mistakes people make when embarking on a home improvement project," says Dave Harrison, chief marketing officer of Champion Windows, Sunrooms, Roofing and... Read More
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Tennis Anyone?
Lovely ranch style home w/3
Brs & 3Bths, large sunken
LR, huge screened porch &
Tennis Court, $700,000 |
Davenpot Farm
4 Br home with over
4800 sqft of livingspace.
Private association, great
location! $1,047,000 |
PGA National, Florida
Totally updated 2 Br villa,
New kitchen, new baths, new
flooring, very private, 5
golf courses. $270,000 |
Ritz Carlton
One of a kind South Beach
style retreat. 2 Br, 3 Bth
w/spectacular water views.
Singer Island, $1,499,000 |
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| Victoria Lorusso - (203) 249-2693 |
Your Realty News - July 2013 |
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