palmerhouse properies: Home Affordability Offering Up 40-Year Deals - 01/11/12 05:22 AM - PalmerHouse Properties
Home affordability is at 1971 levels, due to falling home prices and record low mortgage rates, pushing home ownership in reach to more families, according to the U.S. Department of Housing and Urban Development (HUD).
Home owners are bringing in nearly double the median income they need to cover the cost of an average home, HousingPredictor reports.
"With interest rates at historically low levels and markets across the country beginning to improve, home ownership is within reach of more households,” Bob Nielsen, chairman of the National Association of Home Builders, said in a statement.
Home sales have … (0 comments)

palmerhouse properies: 2012 Market Update - 01/03/12 09:51 AM
RayHRealtor - PalmerHouse Properties
Good news from many new sources that the Real Estate Market is starting to level off. Analysts are predicting that 2012 will mark a turnaround for the real estate market, after years of a drastic slowdown in activity. Pending Home Sales Index reached its highest level in a year and half. Pending home sales — a gage for the future of the market — increased 7.3 percent in November to a reading of 100.1.
It is the best time to buy with the prices and interest rates at historical lows. With this bright news, don't let this … (0 comments)

palmerhouse properies: Rental Market Takes Shaper - 12/28/11 08:18 AM
RayHRealtor - PalmerHouse Properties
The multifamily market continues to post gains.
"Rents are rising, vacancies are falling, household formations are growing and rental supply is limited," according to a recent report, “2012: The Year of the Landlord,” issued by Morgan Stanley. "We believe the demand for rental properties will continue to grow."
Vacancies of rental properties dropped to 9.8 percent in the third quarter of this year compared to 10.3 percent earlier this year.
Led by strong gains in multifamily housing, groundbreaking for new-housing market soared 9.3 percent in November. Construction of multifamily homes of at least two units increased 25.3 … (0 comments)

palmerhouse properies: Rates From Fidelity in GA - 12/17/11 07:56 AM
Interest Rate Update for Friday, December 16, 2011
Rates are Awesome
Conventional Conforming:                                            Government:                                       
30 fixed: 3.875%    ( .500)                                                  FHA 30 fixed:  3.750% * (1.500)          
15 fixed: 3.125%                                                                 FHA 5/1 Arm:  2.750%                    
5/1 Arm: 2.750%                                                                 VA 30 fixed:    3.750%   ( 1.375)                  
*Lender credit.
What is a lender credit? Lender credit is money the lender pays towards your closing cost. If you have a 200K loan amount and are getting a 1 point lender's credit, the lender is giving you $2000 towards your closing costs.......
Loan limit for FHA is back to the … (0 comments)

palmerhouse properies: Rates Drop Again - 12/16/11 04:15 AM
RayHRealtor - PalmerHouse Properties
Interest Rates down below 4% again this morning.  With Home prices and Interest Rates at historical low, now is the perfect time to buy or invest in Real Estate.  Home prices are lower in the Winter months.  Call me today and I can help you find the most ideal property.
RayHRealtor - PalmerHouse Properties

palmerhouse properies: Client Loyalty - 10/28/11 02:23 AM
Roswell - PalmerHouse Properties
Are you looking for a Realtor who is one your side and will always follow up?  My commitment to my clients is to always follow up within no less than 2 - 4 hours during business days.  In this market you need a Realtor who us knowledgeable in all aspects of distressed properties when it comes to buying or selling.  I am a certified distressed property expert with a complete understanding of today's market.
Give me a call today and let me facilitate your Real Estate transaction.
Roswell - PalmerHouse Properties


Ray Hutto, REALTOR - Roswell

Ray Hutto

REALTOR - Roswell

Roswell, GA

More about me…

Address: 4651 Sandy Plains RD, Suite 100, Roswell, GA, 30075

Office: (404) 510-3340

Mobile: (404) 510-3340

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