interest rates: Interest Rate Hike and Real Estate
- 12/08/15 12:44 AM
Over the past few months the FED has been contemplating raising interest rates. They have not made the move yet but plan on an increase after the first of the year. With rates already at an all time low of 3.65 % a small increase in rates over 4% is not cause for concern in the real estate market. Buyers are eagerly getting loan approval and moving towards a home purchase faster now than in the last year. With the fall/winter real estate season super busy it seems that the most important factor holding back sales is a lack of housing inventory. … (0 comments)
interest rates: SW Missouri Homes Sales Are UP!
- 05/27/15 06:32 AM
The numbers are in for 1st Quarter home sales and the Springfield, MO and SW Missouri real estate market is looking great compared to years past. The average home sales price is up from 1st quarter of 2014. The new average for 2015 is now $146,321 compared to the average home sale price of $135,152 from 2014. Even better news is that the average "days on the market" is lower as well with only 89 days in 2015 compared to 93 from 2014. Not only is it a Seller's Market but it is a Buyer's Market as well. New construction is … (1 comments)
Related Links:
Murney Associates Realtors
Murney Associates, REALTORS Sells Real Estate Best
Over the past few months the FED has been contemplating raising interest rates. They have not made the move yet but plan on an increase after the first of the year. With rates already at an all time low of 3.65 % a small increase in rates over 4% is not cause for concern in the real estate market. Buyers are eagerly getting loan approval and moving towards a home purchase faster now than in the last year. With the fall/winter real estate season super busy it seems that the most important factor holding back sales is a lack of housing inventory. … (0 comments)
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