“One data and technology firm reported home prices increased 0.8% in February, up 12.2% from a year ago, which represents 24 months in a row of year over year price gains nationally. Their chief economist commented: ‘Although prices should remain strong in the near term due to a short supply of homes on the market, price increases… Continue reading Quick Real Estate Market Update
DFW loan limits for 2014 will be $287,500 for a single family home! For more information on building, buying, selling or leasing commercial or residential property anywhere in the world, contact Nicole Tucker, licensed agent with Keller Williams Realty Central at 972-992-8204 or visit my website at http://FindHomesInDFW.com Nicole Tucker ~ Making Real Estate… Continue reading New Higher FHA Loan Limits for DFW beginning January 1, 2014
After two years of analysis, Dallas was ranked #1 on the list of the 10 most affordable housing markets of 2013. Information was based upon U.S. Census Bureau and MLS data. Check it out here: Most Affordable Housing Markets 2013 For more information on building, buying, selling or leasing commercial or residential property anywhere in… Continue reading Dallas Ranked Most Affordable Major City to Live In!
from CCAR A false rumor about a transfer tax on all real estate sales is once again making the rounds on the Internet and in e-mails. The information being forwarded claims that the Affordable Care Act contains a 3.8% tax on all real estate sales. Not so. Though the act does include a 3.8% tax… Continue reading The truth about the Home Sales Tax
A recent survey study of 1,800 real estate agents by Seattle-based ActiveRain, a real estate social network, revealed that agents expect that in 2012 the housing market will reach bottom and begin to rebound. Most of the real estate agents surveyed said they expect real estate values, transactions and the local economy to stay… Continue reading Survey: Top-performing real estate markets in 2012
Posted from The Texas Association of REALTORS® The Texas housing market shows strength and stability at the close of 2011, according to the Texas Quarterly Housing Report, which shows what’s going on in 47 of the state’s markets. Here are some highlights from the period of October through December 2011: The volume of single-family home… Continue reading Home-sales volume continues to increase as prices hold steady, according to latest Texas Quarterly Housing Report
WASHINGTON, D.C. (FannieMae.com) – Fannie Mae announced yesterday that it will suspend evictions of foreclosed single-family and two-to four-unit properties from December 19, 2011, through January 2, 2012. During this period, legal and administrative proceedings for evictions may continue, but families living in foreclosed properties will be permitted to remain in the home. Homeowners with Fannie… Continue reading What Fannie Mae is giving some homeowners for the holidays. (But only to those who don’t pay their bills.)
Mortgage interest rates are not set by banks, lenders or brokers. Mortgage interest rates are based on mortgage-backed securities (MBS), which trade just like regular stocks and bonds. In essence, if MBS selling volume is lower, bond yields and mortgage interest rates increase. Conversely, if MBS selling volume is higher, bond yields and mortgage interest… Continue reading What Drives Mortgage Interest Rates?
COLLEGE STATION (Real Estate Center) – Sales of existing single-family Texas homes in August were up 24 percent from a year ago, according to the most recent Multiple Listing Services (MLS) data compiled by the Real Estate Center at Texas A&M University. More than 21,200 existing single-family homes were sold, data showed. The median home price was $153,200, about the same… Continue reading TEXAS EXISTING HOME SALES UP 24 PERCENT IN AUGUST
Properties in these cities stay on the market longest, and sell for less than asking price. Overpriced Rank (Most to Least Overpriced) Metropolitan Statistical Area Properties with Price Reductions Rank List Price v. Absorbed Price Rank Days on Market Rank Five-Year Price Forecast Rank 1 Orlando-Kissimmee, FL Metro Area 24 1 2 3 2 Miami-Fort… Continue reading Where U.S. Homes Are Most Overpriced