Mortgage Rates August 2016: Average fixed mortgage rates declined after nudging slightly higher for three consecutive weeks, according to the recently released Freddie Mac Primary Mortgage Market Survey® (PMMS®). Mortgage Rates August 2016 The 30-year fixed-rate mortgage (FRM) averaged 3.43 percent with an average 0.5 point for the week ending August 4, 2016, down from [...]
Want a Home: What Does a Home Mean to You? Want a Home – No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain scent or a favorite chair, the emotional reasons why we choose to buy our own [...]
International Real Estate - Like the rest of the real estate marketplace, international real estate is shifting. Read on for a few hard facts you need to know. International Real Estate International Real Estate International Sales Volume Increased by 3 Percent International real estate sales volume increased by 3 percent, while the dollar [...]
Gap narrows slightly - In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. One major challenge in such a market is the bank appraisal. If prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that closed [...]
Consumer confidence in the U.S. climbed less than forecasted for May as Americans were a little less ebullient about the economy’s prospects in the run up to the presidential election, as reported by the University of Michigan’s on Friday. The University of Michigan said its index of consumer sentiment rose to 94.7 in May, the [...]
Price your home right - In today’s market, where demand is outpacing supply in many regions of the country, pricing a house is one of the biggest challenges real estate professionals face. Carefree Real Estate Arizona Sellers often want to price their home higher than recommended, and many agents go along with the [...]
Interest Rates: 2016 How High Will They Rise? It's anyone's guess where interest rates will go this year, but if you're in the market to buy or sell a home, you might want to act fast to ensure you snag the lowest rates. As a seller, the quicker you list your home for [...]
Chart Reveals Who Gained the Most Equity in Their Home The average home seller nets about a 23 percent gain in equity from the time they purchase their property – or about $40,000, according to the National Association of REALTORS®. (NAR) What is the percent of Equity Earned in your home? A closer look at [...]
The Do's and Don'ts of Home Appraisal Do's and Don'ts of Home Appraisal | Carefree Real Estate Selling a home was difficult even before the market started to slide. Now every penny counts more than ever — which means that every leaky window, every dangling gutter and every ugly cabinet can make a [...]
Housing Recession – Is it Over? Is housing recession over? The housing recession arose after housing prices peaked on July 2006 and started declining years after. It has affected lots of American homeowners causing foreclosures and a crisis in the overall economy. Not only did it affect homeowners, it has a tremendous effect [...]