The press is referring to the May New Home Sales report as “poor”. A closer look, however, shows that may not be the case.
Entries Tagged as 'Real Estate'
Buyers Take The May 2010 New Home Sales Data All The Way To The Bank
June 28th, 2010 · Comments Off on Buyers Take The May 2010 New Home Sales Data All The Way To The Bank
Tags: Consumer Interest · New Home Sales · New Jersey · Pennsylvania · Real Estate
Shopping For Mattresses, Or How Buy A Good Night’s Sleep
June 26th, 2010 · Comments Off on Shopping For Mattresses, Or How Buy A Good Night’s Sleep
NBC’s The Today Show hosted Consumer Reports for its take on mattresses. Some of the results may surprise you.
Tags: Real Estate
Good News For Sellers : Housing Starts Fall To 1-Year Low In May 2010
June 21st, 2010 · Comments Off on Good News For Sellers : Housing Starts Fall To 1-Year Low In May 2010
Single-family housing starts plummeted to a one-year low in May, just 30 days after soaring to a 20-month high. It’s no wonder home builders are confused.
Tags: Economy · Housing starts · New Jersey · Pennsylvania · Real Estate
The Home Buyer Tax Credit Extension Has Not Been Passed Into Law (Yet)
June 20th, 2010 · Comments Off on The Home Buyer Tax Credit Extension Has Not Been Passed Into Law (Yet)
Contrary to what you may have read (or heard), the federal home buyer tax credit has not been extended past June 30, 2010. At least not yet.
Tags: Mortgage Lending · New Jersey · Pennsylvania · Real Estate · Tax Tips
Loan Application Alert : Conforming, Interest Only Mortgages Guidelines Change Next Week
June 20th, 2010 · Comments Off on Loan Application Alert : Conforming, Interest Only Mortgages Guidelines Change Next Week
If you plan to finance your home with a conforming interest only mortgage, get your loan application submitted no later than this Friday, June 18. Starting next week, Fannie Mae is clamping down on the popular loan product.
Tags: Mortgage Guidelines · Mortgage Lending · New Jersey · Pennsylvania · Real Estate
Bank Reposessions Reach Record Levels For The Second Straight Month
June 14th, 2010 · Comments Off on Bank Reposessions Reach Record Levels For The Second Straight Month
According to foreclosure-tracking firm RealtyTrac.com, bank repossessions reached record levels for the second straight month in May, topping 93,000 properties nationwide. All 50 states are up, year-over-year.
Tags: foreclosures · Real Estate
Pending Home Sales Data Shows Great Deals On Homes Are Getting Harder To Find
June 11th, 2010 · Comments Off on Pending Home Sales Data Shows Great Deals On Homes Are Getting Harder To Find
April marks the third straight month that pending home sales are up and today’s buyers should take note. This is because, according to the National Association of Realtors®, 80% of homes under contract close within 60 days.
Tags: Economy · Pending Home Sales · Real Estate
How To Replace Your New Home’s Deadbolt Locks
June 9th, 2010 · Comments Off on How To Replace Your New Home’s Deadbolt Locks
After moving into a new home, you should immediately replace its deadbolt locks.
Tags: Home How To · Real Estate
Consumer Confidence Hints At Higher Home Prices And Higher Mortgage Rates, Too
June 8th, 2010 · Comments Off on Consumer Confidence Hints At Higher Home Prices And Higher Mortgage Rates, Too
According to The Conference Board, economic confidence is as high as it’s been since August 2007 — 4 months before the start of the recession. Americans are optimistic again. It’s good for home prices but bad for mortgage rates.
Tags: Consumer Confidence · Economy · Real Estate
Moving 101
June 5th, 2010 · Comments Off on Moving 101
Image by ☺ Lee J Haywood via Flickr Moving from one home to another can be overwhelming, but moving to a new city or town can be especially stressful. Consider these suggestions to make your move hassle-free. Keep track of the little expenses. Budget for gas money and even pit stops you might make along […]
Tags: Real Estate