Wayne's Real Estate Blog

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Real Estate Agent - RE/MAX Grand Lake
Grand Lake, OK real estate and Economic news. Real etate updates.



2010 may be looked back on as the the best time ever to buy a home based on the lowest interest rates in 50 years and thegreat prices available to buyers.  A 150,000 loan at the current FHA/VA 30 year rate of 4.375% would have Principle and interest payments of $748.93.  Compare this to 1981 when...
May, 2010 MLS Sales Statistics for the South Central Kansas area including The Wichita, KS metro area Home sales in May increased 5.7% over April 2010 closings, nationally they decreased 2.2%. Closings in May 2010 were still up 23% compared to May 2009.  Average values of existing homes sold were...
2010, Real estate update Real estate closings were up 42% in the April-may time period, primarily due to the federal tax Credit that expired April 30, 2010.  Closings for May and June should be much higher than a year ago since June 30, 2010 is the cut off for closings if you want to qualify for ...

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