home buyer: Pending Home Sales on an Upswing
- 01/18/16 12:14 AM
Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, rose 5.3 percent to 102.9 from 97.7 in February, and is 21.1 percent above March 2009 when it was 85.0; this follows an 8.3 percent increase in February. The data reflects contracts and not closings, which usually occur with a lag time of one or two months. Lawrence Yun, NAR chief economist, said favorable affordability conditions have been … (0 comments)
home buyer: Demand Strong for Well-Prices Homes
- 01/17/16 11:24 PM
Yes, houses will sell as long as they are priced right. In many — but not all places — that means they’re priced low. “People who price their homes to the market are selling them in a reasonable amount of time, but people who cling to 2004 or 2005 prices aren’t,” says Richard Smith, president and CEO of Realogy, the parent company of Century 21, ERA, Coldwell Banker and Sotheby’s International Realty. In some areas, pent-up demand has exploded. “It’s crazy,” says Brendon DeSimone, an associate with Paragon Real Estate in the Noe Valley near San Francisco. “I had one house … (0 comments)
home buyer: First Time Home Buyers: To Put Things In Perspective
- 04/28/14 12:46 AM
First time home buyers: to put things in perspective, is an interesting article that potential home buyers might find relevant. For more specific information about first time home buyers, continue reading below. First Time Home Buyers: To Put Things In Perspective… There will never again in our lifetime ever be a better time for first time home buyers to tell the landlord to “Shove off!” Mortgage rates are at the lowest levels of our lifetimes. Home values are beginning to increase after a few years of stagnation and mortgage rates will not stay this low for much longer. These factors ad up to … (0 comments)
home buyer: First Time Home Buyers- What to Know.
- 04/04/14 12:06 AM
What to know for first time home buyers, is an interesting article that can help answer some questions that first time home buyers might have. For more specific information about buying your first home, continue reading below. For those of you who haven't been through all the steps, it is sometimes daunting. Follow this guide and let me help you, that's my job.
Michelle Wunker Century21 Hometown Brokers visit me at www.michellewunker.com michelle.wunker@century21.com Cell:406-696-0797 Fax:406-294-2131
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home buyer: 7 Things Your Realtor Doesn’t Want to Hear
- 03/20/14 01:08 AM
“I’ll know it when I see it.” Buyers should come into the home buying process with a list of must-haves and wants. Buyers that want to be taken seriously get preapproved. This helps to expedite the process of making offers and also to pinpoint the price range of what the buyer can afford. Stuart and Will Nesbitt discussing real estate related matters in the office “I’m not in any hurry.” Realtors don’t expect to rush you through the home buying process. At the same time, they don’t want to waste their time with a client that doesn’t have any firm motivation … (5 comments)
The Arcturus area of Virginia is actually an unincorporated portion of Fort Hunt, Virginia. Convenient to Alexandria, The Potomac River and George Washington Parkway, Arcturus lies on the the waterfront of the river in Fairfax County. The homes range from a colonial style to a rambler.
Most homes in this community are a fisherman’s dream, being near the water and many homes with piers and/or docks.
Schools for the Arcturus area include, Waynewood Elementary School, Carl Sandburg Middle School and West Potomac High School. See all Real estate in 22308 zip code. … (1 comments)
home buyer: Millennials Home Preferences
- 06/21/13 12:41 AM
The Millennial generation is about 90 million strong—forming the largest demographic wave in the country’s history—and some reports suggest they’re readying for home ownership. Stuart Nesbitt, a chip off the old block
Millennials’ entrance into home ownership has been delayed due to the recession, high unemployment, and high student loan debt. They’ve been living in their parents’ homes, as well as delaying marriage and having children, surveys show. But the pent-up demand from this generation is starting to surface, says Fred Ehle, vice president for PulteGroup.
Homebuilders, like PulteGroup and Better Homes and Gardens Real Estate, recently revealed surveys … (7 comments)
home buyer: Mortgage Rates Close in on Record Lows
- 05/28/10 08:06 AM
Home buyers unable to tap into a federal tax credit before it expired on April 30 are finding a consolation prize in mortgage rates, which dropped again this week to near-record lows. According to Freddie Mac, interest on 30-year fixed loans averaged 4.78 percent compared to 4.84 percent last week, while the 15-year rate slipped to a new low of 4.21 percent from 4.24 percent. The favorable borrowing costs will improve affordability and soften the impact of the tax credit program ending, says Freddie Mac chief economist Frank Nothaft.Source: Investor's Business Daily (05/28/10) Related posts Why use a realtor? FHA Upcoming … (0 comments)
home buyer: Post-Tax Credit Buyers May Save Money
- 05/27/10 07:22 AM
Missing the tax credit deadline might have seemed like a big mistake to some home buyers, but waiting could have been the smartest thing to do. Interest rates have fallen so dramatically since April 30th that the typical purchaser of a $350,000 home, financed with a $280,000 mortgage, would have saved a bundle by waiting until May. At April's average rate of 5.34 percent, a home buyer would have locked in a 30-year fixed rate loan with a monthly payment of $1,561.82. The same borrower could have snagged a 30-year fixed rate loan at a rate of 4.625 percent in May … (0 comments)
Neighborhood notes, local features and tips for buyers, sellers, renters and landlords in Northern Virginia especially Alexandria, Arlington, Fairfax and Falls Church. Including fast and free property search tools.
Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of REALTORS®.
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