Pending Existing Home Sales dropped Unexpectedly

The index of pending home sales fell 1.8 percent, the first drop this year, after a revised 0.6 percent increase in May, according to the National Association of Realtors figures shown last Wednesday in Washington. The Commerce Department figures showed last week that Purchases of new U.S. homes fell also 6.8 percent to a 482,000ContinueContinue reading “Pending Existing Home Sales dropped Unexpectedly”

Boost Your Home’s Selling Price!

If you’re looking to sell your home for top dollar, in addition to “Location, Location, Location” there are some other suggestions you may benefit from, to get top dollar for your home!     As the saying goes, “You don’t get a second chance to make a first impression.” While curb appeal gets buyers in the door,ContinueContinue reading “Boost Your Home’s Selling Price!”

New homes sales see biggest monthly jump!

Sales of new single family houses in August 2014 were at a seasonally adjusted annual rate of 504,000, up from July’s printing of 427,000, the fastest rate in six years and the biggest monthly jump since January 1992. The biggest gains and by far the reason for the big increase were new home sales inContinueContinue reading “New homes sales see biggest monthly jump!”

Jumbo Loans Cheaper and Easier to Get!

Wealthy home buyers are paying lower average rates on high dollar loans, and in some cases, they don’t even have to worry about a large down payment or mortgage insurance. For months, lenders of jumbo mortgages have been charging interest rates that are lower  than what average borrowers pay. Jumbo loans are mortgages that above $417,000ContinueContinue reading “Jumbo Loans Cheaper and Easier to Get!”