low interest rates: American Confidence In Housing At An All-Time High - 08/12/19 02:20 PM
Fannie Mae just released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore, the HPSI reflects consumers’ current views and forward-looking expectations of housing market conditions.
Great News! The index reached its highest level since Fannie Mae began their survey. Breaking it down, the report revealed:
The share of Americans who say it is a good time to buy a home increased from the same time last year. The share of those who say it is a good time to sell a home … (2 comments)

low interest rates: Mortgage Rates Move Even Lower This Week - 08/22/16 10:51 PM
  Fixed-rate mortgages dropped slightly this week compared to the previous week, and continue to hover near all-time lows.
"The 30-year fixed-rate mortgage fell 2 basis points to 3.43 percent this week, erasing last week's uptick,” says Sean Becketti, Freddie Mac’s chief economist. “For eight consecutive weeks mortgage rates have ranged between 3.41 and 3.48 percent. Inflation is not adding any upward pressure on interest rates as the Bureau of Labor Statistics reported that the Consumer Price Index was unchanged in July."
Freddie Mac reports the following national averages with mortgage rates for the week ending Aug. 18:
30-year fixed-rate mortgages: averaged … (1 comments)

low interest rates: Good News From September - 10/21/14 10:00 PM

US existing-home sales rebounded in September from a dip in August to their highest pace of the year, the National Association of Realtors said Tuesday.
Though September sales were at the peak rate yet of 2014, compared with a year ago they were down 1.7 percent.Sales of used single-family homes increased 2.4 percent to an annual rate of 5.17 million units in September, up from 5.05 million the prior month, the NAR said.
"Low interest rates and price gains holding steady led to September's healthy increase, even with investor activity remaining on par with last month's marked decline,” said Lawrence … (0 comments)

low interest rates: Popular Features of New Homes - 06/01/14 11:05 PM
  As the number of new homes constructed continues to rise, more home buyers are seeing the benefits of buying new. Builders know which features are most desired by today's buyers and are incorporating these features into their plans.
The National Association of Home Builders (NAHB) surveyed builders across the country to find out what features they are most often including, and reported that the top priorities are focused on convenience, livability and energy efficiency. The features most commonly included in a single-family home were a master bedroom walk-in closet, a laundry room, a great room, and low-emissivity (Low-E) windows.

Christopher Pataki, Hockessin Delaware Real Estate (Keller Williams Realty) Rainmaker large

Christopher Pataki

Hockessin Delaware Real Estate

Christiana, DE

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Keller Williams Realty

Address: 56 West Main Street, Suite 101, Christiana, DE, 19702

Mobile: 302-562-0628

Office: 302-738-2300

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The goal of this blog is to inform consumers who are buying, selling and investing in real estate.




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