Monthly Archives: August 2013

Highest Home Prices Since 2008

house prices rising

(08/29/2013) Home prices rose in June to their highest levels since 2008. According to DSNEWS, the median price of an existing single family residence rose 5.4% in June. If your home was appraised at $150,000 in May, it’s value would…

Don’t wait too long to buy

time to buy

With interest rates at an all time record low, now is the time to buy! Interest rates are rising and so are prices. The bottom of the market is over. Don’t be discouraged. Interest rates are still near all-time lows.…

IT’S TIME TO BUY REAL ESTATE

Time2Buy

IT’S TIME TO BUY REAL ESTATE (08/07/2013)  Inventories are at historic lows. Home prices are skyrocketing. Two out of five home buyer applicants are rejected. It’s harder to get a loan today. Yet, 7 out of 10 American agree that…

BUYER SLOW DOWN IN JUNE

stable real estate market

BUYER SLOW DOWN IN JUNE According Housingwire, the percentage of buyers that went into escrow dropped from 31.9% nationwide in May to 30.5% in June. Why? The mortgage interest rate went from 3.274% in May to 4.276% today. That means…