Monthly Archives: November 2015

Existing Home Sales Up 3.9% INFOGRAPHIC

Some Highlights: The annual adjusted sales are currently at a 5.36 million pace. 14,684 homes sell every day in the United States. October marked the 44th consecutive month of price gains.

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Distressed Property Sales Hit New Low

The National Association of Realtors (NAR) just released their Existing Home Sales Report revealing that distressed property sales accounted for 6% of sales in October. This is down from 9% in 2014 and the lowest figure since NAR began tracking … Continue reading

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Millennials: What FICO Score is Needed to Buy a Home?

In a recent article by the Wharton School of Business at the University of Pennsylvania, it was revealed that some Millennials are not looking to purchase a home simply because they don’t believe they can qualify for a mortgage. The … Continue reading

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One-button Pricing?

An Automated Valuation Model, AVM, is a computer approach that looks at public records to make a determination based on square footage, comparable sales and other elements. It is as easy as putting your address in a blank but unfortunately, … Continue reading

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Equity Matters A LOT… Just Ask Freddie Mac

There are many reasons, both financial and non-financial, that homeownership remains an important part of the American Dream. One of the biggest reasons is the fact that it helps build family wealth. Recently, Freddie Mac wrote about the power of … Continue reading

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Singles Are Falling For Their Dream Home INFOGRAPHIC

Some Highlights: 24% of all recent home buyers were single at the time of purchase 47% of single men cite the desire to own a home of their own as the primary reason to buy 18% of first-time buyers were … Continue reading

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Should I Pay a Mortgage Interest Rate over 4%?

Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Along with Freddie Mac, Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors are all calling for mortgage rates to continue to … Continue reading

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