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MORTGAGE RATES DROP - LOWEST LEVEL SINCE APRIL!!

By Karla Woods

Real Estate Agent with Collins Realty, Inc.

September 15, 2006 08:30 AM

Mortgage rates fell for the seventh time in the past eight weeks. They are now at the lowest level since early April. According to the research I have done, it does not appear that rates will continue to drop. In fact, it is possible that they will begin to rise.

What does this mean to the Stockton home buyer? NOW IS THE TIME TO BUY!!! There is currently a tremendous supply of inventory in the San Joaquin Valley, but it is no longer increasing. The number of listings is only around 30 more this month than last month, compared to previous monthly increases in the hundreds. Prices are stabilizing. The number of available homes is stabilizing. BUY NOW before mortgage rates increase and inventory declines.

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New Web Giant Launches Portal Site - Plans on Dominating Web-based Real Estate Sector

04/12/2007

Chicago, IL based Profertee Realty Group, inc launches its much anticipated real estate portal site (http://www.profertee.com/) Monday morning. Partnering with Melville, NY based American Home Mortgage(NYSE: AHM) and Home Buyers Marketing inc, Profertee's site is boasting access to over 3.6 million real estate listings nation wide, as well as various premium new construction developments located in Orlando, Las Vegas, and Chicago, just to name a few. Profertee's mission is to offer a free, user-friendly real estate shopping experience, while also providing additional value-added features such as investment groups, home-valuation tools through Zillow integration, useful real estate investing strategies, and free mortgage quotes through American Home's retail channels. "We are truly a one-stop-shop", says Profertee CEO Rhoniel Daguro. "The site has everything a user could want, but we really wanted to feature the premier new construction developments. That is something that no one is really organizing online, and we've taken things one step further by forming buyers into investment groups, giving them access to considerable savings at the various developments."

Profertee also provides local one-on-one services through the thousands of realtors approved with Home Buyers Marketing, inc. Users can create an account on http://www.profertee.com/ to search over 3.6 million listings for a home anywhere in the US and still deal with a local partner agent once they are closer to buying. It is in this way that Profertee is providing the best of both worlds: the power of the internet + traditional local realtor partners. Navigate to http://www.profertee.com/ today and test drive their site. Also stay tuned for our follow up segment on Profertee in June. Profertee - Prosperity in Property: Exclusive New Developer Condos http://www.profertee.com/

Apr 12, 2007 04:32 AM

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