Carl Rizzuto's (crizzuto) Blog

Real Estate Agent - Keller Williams Realty



30-Year Mortgage Rates Make New Lows, But Look Ready To Spike   No doubt you've heard that mortgage rates are low. They're lower than they've ever been in history.  The news is everywhere. Just check out some of these headlines from the last 24 hours: Mortgage rates set new lows for the 6th strai...
New Homes Sales Gain in June, But Gains Are Relative   After a down month in May, the sales of newly-built homes appears back on track. As published by the Census Bureau, June's New Home Sales report showed: A 24 percent sales volume increase from the month prior A 2-month drop in the supply of n...
Existing Home Sales Drop In June But Hint At Support For Higher Price Tiers   Consistent with most post-home buyer tax credit housing news, the National Association of Realtors® says Existing Home Sales eased lower last month. An "existing home" is a home that cannot be considered new constructio...
Housing Starts Ease 0.7 Percent In June - 7x Better Than The Headline Data   Single-family Housing Starts eased lower last month, falling by 0.7 percent from May, or 3,000 units nationwide. A "housing start" is a home on which construction has started. June's Housing Starts data is somewhat soft ...
25 Cities In Which To Get A Bang For Your Homebuying Buck   Home affordability is at an all-time high. Home values are still in recovery while mortgage rates continue to make new lows. But where are homes the most affordable? recently ran a piece titled "Where Homes Are Affordable", ...
Foreclosure Activity Slows Again In June 2010   313,841 foreclosure filings were made in June, according to foreclosure-tracking firm RealtyTrac. The figure represents a 3 percent drop from May and 7 percent drop from June of last year. However, foreclosure filings remain relatively high nationwi...
How To Install A Ceiling Fan In Your Home   Up to 50% of your home's energy bill can be tied to heating and cooling costs.  Thankfully, it's easy to lower those bills. The addition of a ceiling fan can cut your household energy bills dramatically. Plus, the installation may be simpler than you th...
The Flawed Home Price Index Shows Home Values Up 0.8 Percent   Last week, the Case-Shiller Index reported home values up 0.8 percent across 20 tracked markets. The public-sector Federal Housing Finance Agency has reached a similar conclusion. Reporting on a two-month lag, the government's Home Pr...
How To Improve Your Home's Indoor Air Quality   An EPA study shows that close to dozen common air pollutants are 2 to 5 times more concentrated indoors versus outdoors, regardless of whether the home is is located in Rural America, or in an industrial zone. The cause is volatile organic compounds...
The Year Is Half-Over. How Did The Housing Experts Fare On Their Predictions?   As 2009 was ending, the "experts" were busy making forecasts about the U.S. economy and what to expect in 2010. With respect to the housing markets, two predictions were made again and again: Home prices would fall in...

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