Tag Archives: franklin county

Slow But Steady Growth in Tri City Home Sales

Posted on January 16, 2013 by

Real estate agents in the Tri City area are feeling positive over the 2% increase in home sales last year, which was comparable to the year 2011. Modest growth and average sale prices means steady growth, which is good as … Continue reading →

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Slow But Steady Growth in Tri City Home Sales

New Mortgage Rules Released by Federal Officials

Posted on January 11, 2013 by

Thursday, January 10th, Federal officials released new mortgage rules set to go into effect on January 21st, to decrease risky lending and to allow borrowers to easier understand what they are agreeing to. The new mortgage rules are aimed at … Continue reading →

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , | Comments Off on New Mortgage Rules Released by Federal Officials

Higher End Home Sales Are On The Rise

Posted on January 9, 2013 by

Sales of homes priced above the $750,000 mark increased by 50% from 2011, according to a November report by the National Association of Realtors. The change pushed the median home price to $180,600 increasing from November of 2011 by a total … Continue reading →

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Higher End Home Sales Are On The Rise

2013 Mortgage Rates Expected to Rise Only Slightly

Posted on January 4, 2013 by

This week mortgage rates remained low at an average of 3.34 percent on a 30 year fixed rate loan with a 0.7 percent average point. This is down from 3.35 last week and 3.91 last year. To keep rates low … Continue reading →

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , | Comments Off on 2013 Mortgage Rates Expected to Rise Only Slightly

Real Estate Comes Out Winners at end of “Fiscal Cliff”

Posted on January 2, 2013 by

Late last night the Senate Bill to extend some federal tax code provisions important to home buyers, sellers, builders, and those in real estate were finally passed by the House in a 259-167 vote.  Among the items approved through the … Continue reading →

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Real Estate Comes Out Winners at end of “Fiscal Cliff”

Washington Requirement for Carbon Monoxide Alarms in 2013.

Posted on December 7, 2012 by

According to the CBS Seattle news report from Dec. 4th, 2012, since 2011, carbon monoxide detectors are required in all new construction homes.  Now in 2013, all residences will be required to have the alarms:, apartments, condos, townhouses, dormitories, etc.  … Continue reading →

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Washington Requirement for Carbon Monoxide Alarms in 2013.

Would you buy a Mortgage from Wal-Mart? A consumer survey says 33% of US consumers would

Posted on December 5, 2012 by

According to a study conducted with 618 consumers in September by the Carlisle & Gallagher Consulting Group, one in three consumers would consider getting a mortgage loan from Wal-Mart, a discount retailer, and close to half would consider getting one from … Continue reading →

Posted in Real Estate News | Tagged , , , , , , , , , , , , | Comments Off on Would you buy a Mortgage from Wal-Mart? A consumer survey says 33% of US consumers would

Tri-Cities Metro Area Nationally Recognized as 6th Fasted Growing Community

Posted on November 28, 2012 by

According to the Tri-City Herald today, the Tri-Cities is rated 6th in nation for its growth in the “Metro Magnets Index,” which is a collection of data from 384 metro areas in the US provided by Pitney Bowes Software.  However, … Continue reading →

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Comments Off on Tri-Cities Metro Area Nationally Recognized as 6th Fasted Growing Community

Bank of America to Eliminate Second Liens!

Posted on October 2, 2012 by

Bank of America announced that it will forgive second-lien mortgages for about 150,000 of it’s borrowers. 150,000 letters were mailed to Bank of America customers who may be eligible for the program.   The program is intended to provide relief to some mortgagees who … Continue reading →

Posted in Real Estate News | Tagged , , , , , , , , , , , | Comments Off on Bank of America to Eliminate Second Liens!