Almost 14,000 Houses Sold Yesterday

One of the biggest misconceptions in today’s housing market is that homes are not selling. That is simply not true. Last month’s Existing Sales Report from the National Association of Realtors (NAR) showed that homes were selling at an via Almost 14,000 Houses Sold Yesterday. . . . →Read More:Almost 14,000 Houses Sold Yesterday

30-Year Mortgage Rate Falls Below 5%

Mortgage rates dropped this week with the conforming 30-year fixed mortgage rate now 4.96%,according to’s weekly national survey. The average 30-year fixed mortgage has an average of 0.44 discount and origination points. The average 15-year fixed mortgage retreated to 4.16%,and the larger jumbo 30-year fixed rate hit the low point of the year at 5.44%. Adjustable rate mortgages got in on the act,with the average 5-year ARM sinking to 3.7% and the 7-year ARM sliding to 4.03%.

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Existing-Home Sales Rise In March

Existing-home sales rose in March,continuing an uneven recovery that began after sales bottomed last July,according to the NATIONAL ASSOCIATION OF REALTORS®. Existing-home sales,including single-family,townhomes,condominiums,and co-ops,increased 3.7% to a seasonally adjusted annual rate of 5.10 million in March from an upwardly revised 4.92 million in February,but are 6.3% below the 5.44 million pace in March 2010. Sales were at elevated levels from March through June of 2010 in response to the home buyer tax credit.

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6 Reasons to Reduce Your Home Price

While you’d like to get the best price for your home,consider our six reasons to reduce your home price. These six signs may be telling you it’s time to lower your price. 1. You’re drawing few lookers

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The 4 Stages Of Wealth Building As A Homeowner

One of the primary objectives of owning a home is to let the home appreciate over time and become a pillar of a family’s financial strength. But before we can discuss “wealth”,we need to identify the stages to get there. Stage 1

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Foreclosure Effect On Credit | Foreclosure Black-List You From Ever Owning Again?

Freddie Mac has released a series of (excellent) videos designed to de-bunk the top Foreclosure Myths. Myth 1:If my house is foreclosed,I can never buy a house again — the foreclosure will stay on my record forever. Truth 1:Foreclosure can have a devastating effect on your finances and you personally,but you can recover. Use the time after foreclosure to prepare yourself for successful homeownership the second time around by creating a spending and savings plan and rebuilding your credit.

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Dressing Your House for Sales Success

As important a landmark as buying a home is in people’s lives,you’d be surprised at how much of it can turn on snap decisions. If you’re selling a house you’ll have to put careful thought into customers’first impressions,because many sales will be made or lost before they reach the front door – or as soon as they walk through it.

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Sixth reason to use a Real Estate professional!

In yesterday’s blog post,we listed the five reasons a homeowner should use a real estate professional to sell their house. We thought we did a good job. However,many industry practitioners and some homeowners contacted us to let us know we missed one of the most important benefits agents offer:the exposure they give the home to potential purchasers.

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5 Reasons You Should Use a Real Estate Professional

Looking to buy or sell Real Estate soon? Check out this posting from the KCM Crew! 5 Reasons You Should Use a Real Estate Professional. . . . →Read More:5 Reasons You Should Use a Real Estate Professional

November 2022