Tag Archives: realtor

Mortgage Rates Drop to 3-Year Lows

Daily Real Estate News | Monday, May 16, 2016 The 30-year fixed-rate mortgage averaged 3.57 percent in the most recent week, the lowest average in three years, Freddie Mac reports in its weekly mortgage market survey. “Disappointing April employment data … Continue reading

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Rental Costs Eat Up 70% of Your Income Here

Daily Real Estate News | Thursday, May 12, 2016 Soaring rental costs are taking a big dent out of some renters’ paychecks, and creating hardships for entry-level employees in particular. In New York City, the average entry-level employee earns $47,000 … Continue reading

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HOA Fees Now May Affect Credit Scores

  Daily Real Estate News | Monday, May 09, 2016 A major credit reporting agency says it will soon take into account homeowner association fees. Home owners who are late on payments may soon see the effect on their credit … Continue reading

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NAR: Home Prices Maintain Strong Growth

Daily Real Estate News | Monday, May 09, 2016 Tight inventories of homes for sale helped push home prices higher in the first quarter. The median price of existing single-family homes rose in 87 percent or 154 of 178 of … Continue reading

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Rising Sales Contracts Make for Strong Spring

Daily Real Estate News | Wednesday, April 27, 2016 Pending home sales last month zoomed to the highest level in nearly a year, according to the National Association of REALTORS®’s Pending Home Sales Index, a forward-looking indicator based on contract … Continue reading

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4 Housing Predictions for the Rest of 2016

Daily Real Estate News | Monday, April 25, 2016 Freddie Mac economists are still upbeat about the housing market’s outlook for the rest of the year, despite recent data that showed a gloomier first quarter in economic growth than originally … Continue reading

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4 Factors Boosting Housing This Month

Daily Real Estate News | Monday, April 18, 2016 Warmer weather across the country is drawing more people to look at open houses and available homes this month, says Jonathan Smoke, realtor.com®’s chief economist. Here are four current housing market … Continue reading

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Foreclosures Become a Tougher Find

Daily Real Estate News | Friday, April 15, 2016 Thirty-six percent of U.S. housing markets – or 78 out of 216 metro areas studied — are now below their pre-recession levels in foreclosures, according to the latest Foreclosure Market Report … Continue reading

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First-Time Buyers Bypass the Starter House

Daily Real Estate News | Thursday, April 07, 2016 Seventy-five percent of first-time buyers say they prefer to not purchase a starter home and instead want to purchase a home that will meet their future needs, according to the Bank … Continue reading

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