Real Estate News Matters

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Real Estate Agent - eXp Realty - 40241196

ARCHIVED BLOG POSTS

2013 

Imagine that you've found the perfect home and are ready to apply for financing. Your home loan approval amount comes back lower than you would have expected and at an interest rate significantly above what you have heard is available on the market. This could be because you have an average to po...
06/28/2013
The S&P Case-Shiller Home Price Indices for April indicate that the housing recovery gained ground. In April 2013 average home prices tracked in the Case-Shiller 10 and 20-city Composites increased by 11.60 and 12.10 percent year-over-year. On a month-to-month basis, the Composites increased by 2...
06/26/2013
Paying off the mortgage on your home faster means that you will not only have the satisfaction of owning your own home sooner, you will also have the benefit of paying much less in interest over the years. The faster you pay off your mortgage, the more money you can save, so here are some tips to...
06/25/2013
Comments by Fed chairman Ben Bernanke after Wednesday's FOMC meeting caused havoc in financial markets as investors anticipated the potential effects of any rollback of the Fed's policy of quantitative easing (QE). Chairman Bernanke said that the Fed may begin reducing its $85 billion monthly pur...
06/24/2013
Are you buying a property as your second home? Perhaps you are looking for a small cottage or apartment where you can escape to for your vacations, or maybe you want to have another home closer to your relatives? Maybe you want to rent out your second property and make a steady income from your i...
06/20/2013
U.S. housing markets are gaining as demand for homes exceeds available supplies in many areas. The National Association of Home Builders/ Wells Fargo Housing Market Index (HMI) for June increased by eight points over May's reading to achieve a positive reading of 52. This last happened in August-...
06/18/2013
Foreclosure actions increased by 2.0 percent in May from April's 75 month low point for foreclosure activity according to RealtyTrac's U.S. Foreclosure Market Report released June 11. However, the good news is that May 2013 foreclosure filings were still 28 percent below May 2012 filings. RealtyT...
06/18/2013
Last week's news was relatively quiet with no data significant to the mortgage lending released until Wednesday, when the federal government announced a $138 billion budget deficit for May. According to the U.S. Treasury this figure is 11 percent higher than for May of 2012, but the federal budge...
06/17/2013
Many home buyers have found the perfect house, signed on the dotted line and may think they've watched enough home improvement shows to know if the home they're getting is in good shape. Unfortunately, some buyers make the mistake of skipping a home inspection in order to save a little cash. Even...
06/13/2013
Filing your taxes can be a complicated and confusing process. If you are a home owner you may have many different home tax deductions and credits to consider. Since we recently passed the filing date for 2012 taxes, it may be a good time to plan for next year and get your tax tracking systems in...
06/12/2013
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Bob Elliot

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Real Estate Matters! Local and national market news, trends, and updates.