realtors logan circle dc: Improving Market Index Spans 32 States, District Of Columbia
- 08/10/12 10:27 AM
80 U.S. metropolitan markets are showing “measurable and sustained growth” this month, according to the National Association of Homebuilders’ Improving Market Index. It’s good news for the economy and good news for housing. The NAHB’s Improving Market Index is meant to identify U.S. markets in expansion. It’s a composite of the three distinct data sets which, as a group, present a more holistic view of a given city’s growth : From the Bureau of Labor Statistics, the IMI tracks employment figures From Freddie Mac, the IMI tracks home price data From the Census Bureau, the IMI tracks single-family building permits … (0 comments)
realtors logan circle dc: Homebuilder Confidence Doubles In 12 Months
- 07/21/12 03:12 AM
Homebuilder confidence is soaring. For the second time in three months, the National Association of Homebuilders reports that the Housing Market Index made sizable gains. The Housing Market Index measures homebuilder confidence in the new construction market and is scored between 1-100. Readings above 50 indicate favorable conditions in the single-family new home market. Readings below 50 indicate poor conditions. The Housing Market Index leaped to 35 in July, a 6-point improvement and the index’s biggest one-month gain since September 2002. The HMI is now up 14 points this … (3 comments)
Home resales slipped more than 5 percent last month, putting a damper recent housing market enthusiasm. According to the National Association of REALTORS®, Existing Home Sales fell to 4.37 million units in June 2012 on a seasonally-adjusted, annualized basis. This is 250,000 fewer home sales per year as compared May’s figures which NAR has revised 2 percentage points higher. The pace at which homes are selling has slowed, too. As compared to May, the Existing Home Supply rose 0.2 months. At the current pace of sales nationwide, the national home supply would now be exhausted in 6.6 months. A home supply … (1 comments)
realtors logan circle dc: FHFA : Home Values Up 3% Since Last Year
- 07/01/12 02:00 AM
The Federal Home Finance Agency’s Home Price Index shows home values up 0.8% in April on a monthly, seasonally-adjusted basis. April marks the third consecutive month during which home values increased and the index is now up 3 percent from last year at this time. As a home buyer , it’s easy to look at the Home Price Index and believe that its recent, sustained climb is proof of a broader housing market recovery. Ultimately, that may prove true. However, we cannot base our buy-or-sell decisions on the HPI because, like the private-sector Case-Shiller Index, the Home Price Index is … (3 comments)
As part of the federal Truth-in-Lending Act, refinancing homeowners are granted a 3-day “cooling off” period post-closing during which they retain the right to rescind, or “cancel”, their recent refinance without penalty or cost. The Right To Cancel is protection against surprises at closing and/or a change of heart. It’s also a safety valve for homeowners signing paperwork under duress. With 3 days to revisit and rethink the terms of a loan, a homeowner can maintain tighter control of his/her financial situation. If you ever have the wish (or need) to execute your right to rescind, be aware that … (3 comments)
Sometimes, the housing data headlines tell just half the tale. The stories on May’s Housing Starts figures are proving to be a terrific illustration. Tuesday, the Census Bureau released its monthly Housing Starts report. A “housing start” is a home on which construction has started. The report is separated by property type with a separate count for single family homes such as detached residences and town homes; for multiple-unit homes such as 2-unit, 3-unit and 4-unit structures; and, for buildings of 5-units of more such as new condominiums. In May, Housing Starts fell 4.8 percent nationwide. This runs … (1 comments)
Do you clean your refrigerator regularly, or only after you’ve run out of space? If your answer is the latter, your refrigerator may be harboring dangerous bacteria that can make you, your family, and your house guests ill. Refrigerators should be cleaned monthly, inside and out, ideally. The process involves removing all foods, cleaning all shelves, and wiping down drawers. Spoiled food is removed and old containers reclaimed. The process takes 20 minutes. Here’s how to do it. First, prepare your cleaning stations, including filling a sink with soapy water, and having drying towels handy. Complete this step before … (3 comments)
The number of U.S. housing markets showing “measurable and sustained growth” slipped by 20 in June, according to the National Association of Homebuilders. The Improving Market Index is meant to identify housing markets in which economic growth is occurring as a whole — not just in the real estate space. By using three separate, independently-collected data series, each tied to local economic conditions, the Improving Market Index takes a broader view of the housing market than other housing market indicators — the Case-Shiller Index, for example — which are often singularly tied to housing contracts. The Improving Market Index … (1 comments)
Memorial Day marks the unofficial start of summer and, in many parts of the country, weekend weather was indistinguishable from what one might expect in August. Temperatures climbed into the 90s throughout the Southwest, South Central, Midwest and Southeast and even crossed 100 degrees in parts of Kansas. For homeowners with ceiling fans, the change of season offers a timely reminder to change the direction in which ceiling fan blades rotate. Properly-rotating ceiling fan blades not only cool your home more efficiently, but can lower your energy bill, too. Ceiling fans are meant to amplify your home’s natural … (1 comments)
Foreclosures filings fell 5 percent between March and April of this year, and by 11 percent as compared to one year ago. The data comes from RealtyTrac. The foreclosure-tracking firm tallied fewer than 189,000 foreclosure-related actions last month — the fewest number since July 2007. Rapidly-declining foreclosure figures are another signal that the U.S. housing market may already be in recovery. According to RealtyTrac’s methodology, a “foreclosure filing” is any one of the following foreclosure-related events : (1) A default notice on a home; (2) A scheduled auction for a home; or, (3) A bank repossession of a … (0 comments)
Insurance is protection against unexpected expenses and insurance policies are available for nearly any scenario you can envision — even your own ransom. But just because an insurance policy is available, that doesn’t mean you should buy it. Some insurance policies give you good bang for the buck. Others are plain wasteful. In this 3-minute segment from NBC’s The Today Show, you’ll hear of several common insurance policies and their relative merits to people who purchase them. For example, Americans will spend an estimated $450 million on pet insurance this year. Because of the policies’ restrictions and deductibles, though, … (0 comments)
realtors logan circle dc: New Home Sales Rise For 7th Month Out Of 8
- 05/25/12 01:21 AM
The April New Home Sales report suggests that the market for newly-built homes is as strong as the market for existing ones. According to the U.S. Census Bureau, the number of new homes sold rose 3.3 percent in April to a seasonally-adjusted, annualized 343,000 units sold — its second-highest reading since April 2010. April 2010 marked the last month of that year’s federal home buyer tax credit program. April’s New Home Sales data also marks the 7th of eight consecutive months during which the number of new homes sold climbed nationwide, a streak unequaled in recent history. During this period, the supply of new … (0 comments)
realtors logan circle dc: 30-Year Fixed Rate Mortgage Rates Fall To 3.78% Nationwide
- 05/25/12 01:16 AM
For the fifth consecutive week, conforming 30-year fixed rate mortgage rates have dropped to new all-time lows. According to this week’s Primary Mortgage Market Survey from Freddie Mac, “prime” mortgage applicants willing to pay 0.8 discount points plus closing costs can secure a mortgage rate of 3.78%, on average. This is a small improvement in rate over last week when the average 30-year fixed rate mortgage rate was 3.79% with 0.7 discount points. 1 discount point is equal to 1 percent of your loan size. Like everything in real estate, though, mortgage rates are local. Freddie Mac reports that the mortgage … (2 comments)
realtors logan circle dc: Home Affordability Reaches New High In Q1 2012
- 05/22/12 11:39 AM
Falling mortgage rates and stagnant home prices are making a positive effect on home affordability nationwide. Never before in recorded history have so many homes been affordable to households earning a moderate annual income. Last week, the National Association of Home Builders reported the Home Opportunity Index at 77.5 — its highest reading of all-time. The index indicates that more than 3 of every 4 homes sold last quarter were affordable to households earning the national median income of $65,000. Last quarter marks the 12th straight quarter — dating back to 2009 — in which the index surpassed 70. Prior to this run, … (0 comments)
realtors logan circle dc: America’s 10 Richest Counties
- 05/21/12 12:23 PM
There are 3,033 counties in the United States. Which 10 are the richest in terms of median household income? Not surprisingly, those near major economic centers rank high. In a study based on household income estimates from the Census Bureau’s American Community Survey, Loudoun County, Virginia captures the number one spot in America’s Richest Counties. Loudoun County is a Washington, D.C. suburb and is home to Dulles International Airport, as well as a well-educated workforce. The complete Top 10 list of America’s Richest Counties : Loudoun County, Virginia ($115,574) Falls Church City, Virginia ($114,409) Fairfax County, Virginia ($105,416) … (3 comments)
Buy DC Properties, Homes for sale Washington, Selling Homes Washington DC, Shaw Homes Washington DC, Cheap homes in Washington DC, Evaluate your home, Affordable Homes Washington DC,DC Real Estate Agents, DC Realty Online, How much my Home worth, DC Real Estate Agents, DC Realty Online, Home, Homes for sale, How much my Home worth, Logan Circle Homes, Long & Foster, MLS, Selling Homes, Shaw Homes, Washington DC Condos, Washington DC Homes, Washington DC Houses, Washington DC, Real Estate, Washington DC Realtors, Dupont Circle Homes for Sales, sell Homes in Dupont Circle, Kalorama Homes, Homes are going for Sale ;Houses for sale Alexandria va,Houses for sale Arlington va, Real estate capitol hill dc,Homes for sale Shaw Washington d.c,Homes for sale Bloomingdale dc,Residential properties Washington dc,Luxury homes Washington dc
Real estate Montgomery county md,Houses for sale Bethesda md,Bethesda homes for Sale,Real estate agent Chevy chase dc,Dupont circle real estate listings,Houses for sale Logan circle dc,Homes for sale Logan circle d.c,Realtors Logan circle dc, Real Estate Logan Circle dc,Real estate Foxhall dc,Foxhall dc home for sale, homes for sale Shaw dc,Georgetown dc realtors, Real estate agents Georgetown dc,Dupont circle realtors, Shaw dc real Estate agents,Dupont circle dc realtors, Dupont Circle Real estate agents, logan circle Real estate agents mls listing dupont circle, mls listing shaw dc
;)
;)
