liz freeman: The Future of Senior Housing In the Greenville NC Real Estate Market
- 07/19/12 01:07 AM
The combination of a rapidly increasing senior population and the current economic downturn will definitely have a strong impact on Greenville NC real estate in terms of needs, demands, and affordability. A new report from the Center for Housing Policy, “Housing an Aging Population – Are We Prepared?”, explores the effects of the demographic and economic changes on the demand for housing, the challenge of providing meaningful housing choices for older adults of all incomes, and the policies that could help communities across the country respond to the dual challenges of providing older adults with affordable housing and adequate services.
Key findings of … (0 comments)
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liz freeman: Money Saving Tips For The Greenville NC Home Owner
- 07/10/12 02:46 AM
ShareThis Looking for new ways to trim your budget, save time, and cut waste in your Greenville NC home? Newspaper columnist Heloise has for years suggested unusual ways to re-purpose everyday household items, but the newest guru in that field is Joey Green, a prolific author with an inventive mind and a keen sense of humor. Read on to learn some of his unusual—but practical-- uses for products commonly found in your Greenville NC home. You will be pleasantly surprised at the number of “specialty” products you can cross off your grocery list!
Aluminum foil:
Remove rust from or polish chrome. … (1 comments)
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liz freeman: Greenville NC Real Estate Market Trends - April 2012
- 06/19/12 04:03 AM
Housing and the economic recovery will play a large part in deciding the outcome of the 2012 presidential election, according to public policy experts at this month's Legislative and Political Forum during the Realtors® 2012 Midyear Legislative Meetings & Trade Expo. Former Republican National Committee Chairman Michael Steele, leading Democratic strategist Celinda Lake, and National Economic Council Director Gene Sperling provided their unique insights into issues affecting the long-term direction of the country.
"As the leading advocate for homeownership, the National Association of Realtors® is working closely with policymakers to ensure that mortgages are more readily available for qualified buyers and … (0 comments)
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liz freeman: Making the Loan Modification Process Easier On Your Greenville NC Real Estate
- 06/13/12 06:54 AM
When the Obama administration rolled out the Home Affordable Modification Program (HAMP) in 2009, officials estimated 3 to 4 million borrowers would seek relief from their mortgages through the program during the worst recession and housing market collapse in decades. More than two years later, however, those projections have proven to be optimistic, to say the least. According to the Treasury Department, only about 700,000 homeowners had sought aid from HAMP through the third quarter of 2011.
A major reason for the smaller number is that many distressed owners of Greenville NC real estate are intimidated by the confusing process involved … (0 comments)
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liz freeman: Greenville NC Foreclosure Trends - April 2012
- 06/05/12 04:05 AM
There were 140 Greenville NC foreclosure homes in April 2012, according to RealtyTrac.com. 1 in every 1,179 housing units received a foreclosure filing.
Greenville NC Foreclosure Activity and 30 Year Interest Rate
The interest rate on a 30 year mortgage was 3.91% in April and there were 42 new foreclosures.
Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from Freddie Mac Primary Mortgage Market Survey.
Greenville NC Foreclosure Geographical Comparison
Greenville NC foreclosures were 0.06% below national statistics, the same as North Carolina … (0 comments)
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liz freeman: Thinking of Buying a Greenville NC Home? First Get Pre-approved!
- 05/23/12 12:35 PM
Few people can buy a home for cash. According to the National Association of REALTORS® (NAR), nearly nine out of 10 buyers of Greenville NC homes finance their purchase, which means that nearly all buyers -- especially first-time purchasers -- require a loan. The real issue with real estate financing is not getting a loan (almost anyone willing to pay lofty interest rates can find a mortgage). Instead, the idea is to get the loan that's right for you -- the mortgage with the lowest cost and best terms.
Realtors routinely urge prospective buyers to get pre-approved for a loan before … (0 comments)
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liz freeman: Greenville NC Real Estate Sales Statistics - March 2012
- 05/18/12 06:51 AM
The increases in FHA mortgage guarantee costs that took effect on April 1 have many home buyers asking, "What do these increases mean to me when I get an FHA loan?" Megan Booth and Rob Freedman with Realtor.tv break down the facts in this informative video.
Lets take a look at March sales statistics for Greenville NC.
Greenville NC real estate sales statistics for March 2012 saw the sold listings decrease by 13% when compared to March 2011. The pending sales have decreased by 26% and new listings have decreased by 19% when compared to March 2011. The average sale price decreased by 15% … (1 comments)
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liz freeman: Greenville NC Foreclosure Trends - March 2012
- 05/08/12 02:43 AM
There were 136 Greenville NC foreclosure homes in March 2012, according to RealtyTrac.com. 1 in every 4,950 housing units received a foreclosure filing.
Greenville NC Foreclosure Activity and 30 Year Interest Rate
The interest rate on a 30 year mortgage was 3.95% in March and there were 10 new foreclosures.
Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from Freddie Mac Primary Mortgage Market Survey.
Greenville NC Foreclosure Geographical Comparison
Greenville NC foreclosures were 0.13% below national statistics, 0.07% below North Carolina figures … (0 comments)
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liz freeman: New HUD Anti-Discrimination Regulation
- 05/01/12 03:46 AM
U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan recently announced new regulations to ensure that HUD’s core housing programs, including those connected with Greenville NC real estate, are open to all eligible persons, regardless of sexual orientation or gender identity. “The Obama Administration has viewed the fight for equality on behalf of the LGBT community as a priority and I’m proud that HUD has been a leader in that fight,” said Donovan at the 24th National Conference on Lesbian, Gay, Bisexual and Transgender (LGBT) Equality. “With this historic rule, the administration is saying you cannot use taxpayer dollars to prevent Americans from … (0 comments)
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liz freeman: News For The Owners Of Greenville NC Real Estate: FHA Update
- 04/24/12 11:11 AM
Most people, when told that both good and bad news awaits them, will opt to hear the bad tidings first. Although they dread receiving unpleasant news, their hope is that the ensuing good news will erase, or at least soften, what they heard earlier. In the assumption that owners of Greenville NC real estate share this approach, the FHA has recently announced bad news/good news regarding their mortgage interest premiums (MIP) and fees.
The Bad News: As part of ongoing efforts to encourage the return of private capital in the residential mortgage market and strengthen the Federal Housing Administration’s (FHA) Mutual … (0 comments)
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liz freeman: Greenville NC Foreclosure Trends - February 2012
- 04/18/12 09:57 AM
There were 101 Greenville NC foreclosure homes in February 2012, according to RealtyTrac.com. 1 in every 3,300 housing units received a foreclosure filing.
Greenville NC Foreclosure Activity and 30 Year Interest Rate
The interest rate on a 30 year mortgage was 3.89% in February and there were 15 new foreclosures.
Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from Freddie Mac Primary Mortgage Market Survey.
Greenville NC Foreclosure Geographical Comparison
Greenville NC foreclosures were 0.13% below national statistics, 0.04% below North Carolina figures … (0 comments)
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liz freeman: Greenville NC Real Estate Sales Statistics - February 2012
- 04/11/12 08:29 AM
Housing affordability conditions have reached the highest level since recordkeeping began in 1970, according to the National Association of Realtors®.
NAR’s Housing Affordability Index rose to a record high 206.1 in January, based on the relationship between median home price, median family income and average mortgage interest rate. The higher the index, the greater the household purchasing power. An index of 100 is defined as the point where a median-income household has exactly enough income to qualify for the purchase of a median-priced existing single-family home, assuming a 20 percent down payment and 25 percent of gross income devoted to mortgage principal … (0 comments)
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liz freeman: Greenville NC Foreclosure Trends - January 2012
- 04/03/12 01:51 AM
There were 100 Greenville NC foreclosure homes in January 2012, according to RealtyTrac.com. 1 in every 2,750 housing units received a foreclosure filing. The average sales price of a Greenville NC home was $134,407 and the average sales price of a foreclosure home was the same.
Greenville NC Foreclosure Activity and 30 Year Interest Rate
The interest rate on a 30 year mortgage was 3.92% in January and there were 18 new foreclosures.
Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from Freddie … (0 comments)
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liz freeman: Getting Settled In Your Greenville NC Home
- 03/14/12 01:05 PM
Congratulations! You’ve survived the process of leaving one home and finding another and the onus of packing everything up and then unpacking the same boxes. Your child is enrolled in a new school; you’ve found a new bank and a new doctor; you’ve investigated trash pick-up times, licensing requirements, and registering your car; and your mail is being forwarded to you on a regular basis. So now what? Now that things have calmed down, and you’re somewhat settled in your Greenville NC home, you may feel a bit lonely in an unfamiliar place. The following tips are designed to help you … (0 comments)
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liz freeman: For First-Time Seller Of A Greenville NC Home
- 03/02/12 02:36 AM
The present state of the real estate market may well be a boon for would-be buyers, but it is a certainly a difficult one for sellers. No longer can the latter count on making a great deal of money (or even any money, for that matter), but the large number of Greenville NC homes for sale means that sellers are competing to find a buyer. For those of you who are first-time sellers and have never been through the home-selling process, the following suggestions are designed to help you face reality, make your property appealing to a buyer, and ultimately sell … (0 comments)
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liz freeman: Greenville NC Foreclosure Trends - Dec 2011
- 02/16/12 01:26 PM
There were 94 Greenville NC foreclosure homes in December, 2011, according to RealtyTrac.com. 1 in every 6,333 housing units received a foreclosure filing. The average sales price of a Greenville NC home was $137,667 and the average sales price of a foreclosure home was $74,677, a $62,990 savings.
Greenville NC Foreclosure Activity and 30 Year Interest Rate
The interest rate on a 30 year mortgage was 3.96% in December and there were 8 new foreclosures.
Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year … (0 comments)
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liz freeman: How Mortgage On Your Greenville NC Real Estate Really Works
- 02/16/12 01:03 PM
When you buy Greenville NC_ real estate without a down payment of at least 20%, the lender, be it FHA or a private mortgagor, requires that you purchase mortgage insurance to protect it against financial loss. Mortgage insurance, not to be confused with mortgage life insurance or homeowner’s insurance, assures the lender of no financial loss or a very reduced one) if you default on the loan.
The cost of this insurance—from .25 to 6% of the loan—is almost always the responsibility of the buyer of Greenville NC real estate. (There is such a thing as lender-paid insurance, but this type … (1 comments)
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liz freeman: What 2012 Buyers Want In Greenville NC Real Estate
- 02/02/12 03:52 AM
Just as fashions and car styles change from year to year, so do home features that head the “most wanted” list of potential buyers of Greenville NC real estate. Where wall-to-wall carpeting was once the rage, hardwood floors, now reign supreme, and a formal, center dining room is often viewed as a negative feature rather than a positive one. And style preference has certainly changed; replacing the McMansions on the “must-have” list are arts and craft bungalows, mid-century homes, and residences with Old-World charm and character.
WHAT’S IN:
Green features: Energy-efficient appliances, air-tight windows, heating systems, etc., have become expected … (2 comments)
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liz freeman: Greenville NC Foreclosure Trends - November 2011
- 01/24/12 02:40 PM
November 2011 Foreclosure Rate Heat Map There were 94 Greenville NC foreclosure homes in November, 2011, according to RealtyTrac.com. 1 in every 8,444 housing units received a foreclosure filing. The average sales price of a Greenville NC home was $134,213 and the average sales price of a foreclosure home was $102,632, a $31,581 savings.
Greenville NC Foreclosure Activity and 30 Year Interest Rate
The interest rate on a 30 year mortgage was 3.99% in November and there were 6 new foreclosures.
Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate … (0 comments)
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liz freeman: Welcome to 2012!
- 01/20/12 05:34 AM
Yes, we’ve reached the end of what has been a difficult year for so many, and yet we’ll celebrate the coming of 2012—and a fresh start-- with glittery hats, silly horns, champagne (or beer), and kisses at midnight. We’ll reflect on the old year and make resolutions for the new one. Forecasters of the future will capture our imaginations as we wonder what is to come in terms of scientific discoveries, political unrest, wars, health issues, and the economy. So many questions—and so many possibilities…it’s enough to wear one out. So sit back in the den of your Greenville NC real estate, relax, … (0 comments)
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The combination of a rapidly increasing senior population and the current economic downturn will definitely have a strong impact on Greenville NC real estate in terms of needs, demands, and affordability. A new report from the Center for Housing Policy, “Housing an Aging Population – Are We Prepared?”, explores the effects of the demographic and economic changes on the demand for housing, the challenge of providing meaningful housing choices for older adults of all incomes, and the policies that could help communities across the country respond to the dual challenges of providing older adults with affordable housing and adequate services.
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