The Takeaway: For what is now the 62nd month straight, there was an increase in the median Existing Home prices. We are currently at a median $244,800. This denotes an increase of 6.0% over last year. Existing and New Home sales decelerated, after a brief surge in March, partly ...
Continue ReadingWith the peak buying and selling season virtually upon us, now would be an opportune time to review what chief economists and data solution providers are saying about where the current real estate market is headed: Doug Duncan, Fannie Mae Chief Economist “Positive demographic factors should continue to reshape the ...
Continue ReadingThe Takeaway: Even without perfect credit, you may likely already qualify for a home loan. Establish with your Lender what price range of home for which you are able to qualify , prior to looking at homes. Many Buyers are able to purchase a home with as little as a ...
Continue ReadingIn an effort to monitor Americans’ preferred choice for long-term investment, Gallup administers a yearly survey. Those taking the survey are able to choose between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds, as their preferred long-term investment vehicle. Now for the 4th year in a row, Real Estate ...
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