home sales: Mortgage Rate at 2-year high - Home Sales Surge!
- 06/28/13 05:53 AM
30-year mortgage rate at 2-year high: 4.46% It took only a hint from Ben Bernanke that the Fed was thinking about when it would start curtailing the monthly $85 billion bond buyback to send markets in a tither! How long before it shuts buyers out of the market? Rates have jumped 1% in ~2 months increasing the cost of buyer a home by over 10%! NAR: Pending home sales surge to six-year high Buyer who are still on the fence better jump now! And sellers waiting for price appreciation may be unpleasantly surprised if the market reacts to higher rates and … (4 comments)
Got another executed contract on an Oak Run home in Ocala Florida!
2012 was a turn around year for the real estate market in Ocala. We are expecting 2013 to be a great year! Sellers: we are running low on inventory. Call us to see how we sell 10X the number of homes that the average Realtor sells and for 4-6% more than the average! Buyers: the bottom is here or gone in both prices and interest rates! … (7 comments)
home sales: Ocala Home Sales Continue to Surge
- 11/21/12 10:44 PM
Local home sales continue to surge "Marion County's residential real estate market continued its recovery during October as the number of homes sold increased and the inventory of available homes dwindled." Sellers Needed! The Ruiz/Miller Team has sold most of their inventory as well. Now is a great time to buy! Now is a great time to sell!!
Around the Country lately, we are reading that the real estate market is recovering. But then reports of reduced sales for May - June come out. What is behind the numbers?
Well this article seems to provide a good explanation and is certainly true in our market in Ocala, Florida.
Behind the Numbers: Home Sales Fall, Led By Cheapest Homes "One reason for the drop: Sales are sluggish in the lower end of the market due to a scant supply of homes for sale in many parts of … (3 comments)
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30-year mortgage rate at 2-year high: 4.46% It took only a hint from Ben Bernanke that the Fed was thinking about when it would start curtailing the monthly $85 billion bond buyback to send markets in a tither! How long before it shuts buyers out of the market? Rates have jumped 1% in ~2 months increasing the cost of buyer a home by over 10%! NAR: Pending home sales surge to six-year high Buyer who are still on the fence better jump now! And sellers waiting for price appreciation may be unpleasantly surprised if the market reacts to higher rates and … (4 comments)
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