insert-headers-and-footers domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/internetpages/srec.internetpages.net/wp-includes/functions.php on line 6121oxygen domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/internetpages/srec.internetpages.net/wp-includes/functions.php on line 6121Hey Guys, It's Josh Cantwell checking in. I hope you’re having a great Saturday! The snow has melted and we’re finally experiencing spring. The real estate market is HOT - this might be the strongest spring season I can remember. I’ve been able to sell 7 properties in the last 60 days and I’ve got many […]
The pace of home sales in December of last year beat the previous year by nearly 13%, according to the National Association of Realtors. That meant sales for the whole of 2012 were up nearly 10% over 2011, the best since 2007. The two factors having the biggest impact on the sales increases are continues […]
Mortgage rates are still at rock-bottom levels, and will stay there for the foreseeable future. The total number of foreclosures are down. Home prices and the number of new home sales are up. Is this glimmer of recovery in the housing market a signal of a larger housing boom about to happen? Barclays Capital is […]
With the end of 2012 approaching, negotiations regarding the so-called "fiscal cliff" have intensified in Washington. The fiscal cliff represents a series of spending cuts and closed tax loopholes that would save the government a significant amount of money each year, dramatically reducing the deficit over time and promoting a balanced budget for […]
October brought more encouraging news to the housing market, as the pace of home sales rose by over 2%, up 11% from last year. This despite the destruction from Hurricane Sandy. The actual number, 4.79 million, was higher than predicted. Lawrence Yun, chief economist for the National Association of Realtors commented that, “the market is […]
“The residential real estate market benefited from low interest rates, reduced mortgage defaults and a tighter supply of available homes.” The price of houses continued the slow climb upward in August, according to the much anticipated Standard & Poor’s/Case-Shiller Price Indices report. Single-family homes rose in 19 of 20 major cities during the summer (June, […]
According to the National Association of Realtors, the number of home resales fell by 5.4% last month, reaching the lowest rate in 8 months. But while the amount of homes sold was less, the price that homes did sell for went up. This shows that fewer people were forced to sell under distressed conditions. […]
Mortgage rates held steady once again, sitting at record lows. The 30-year fixed is at 3.66%), with the 15-year at 2.94% (both matching record lows previously set). These rates are helping keep home affordability in reach for many homebuyers or for those wanting to refinance. Experts don’t expect rates to go up anytime soon, […]
As of a couple of months ago, short sales accounted for nearly 15% of all home sales in the country. That number continues to grow as homeowners see short sales as a viable alternative to foreclosure. While foreclosures still make up ¼ of all home sales, that figure is down from the previous two years. […]
The latest numbers from Zillow’s Rent Index are out, and rentals are up across the country. The rent index rose 2% in February 2012 over 2011, while the Home Value Index fell by nearly 5%. In February, foreclosure sales accounted for 20% of all home sales. “The rental market remains especially strong in areas that […]
