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Half of U.S. Homes Now Selling in 40 Days or Fewer

Posted 6/30/2015

Low mortgage rates, the return of low- and no-down payment loan programs, and a surge in buyer activity is combining to help homes sell faster. 


Here are the details from The Mortgage Reports

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Mortgage rates edge down: 30-year average at 3.84%, Freddie Mac says

Posted 5/26/2015

Mortgage rates were little changed this week on mixed news for housing, with Freddie Mac saying the average rate for 30-year conventional loans was 3.84%, compared with 3.85% a week ago. 

Lenders were offering 15-year fixed loans at an average of 3.05%, down from 3.07%, according to Freddie Mac, which releases its survey results each Thursday morning.

The latest report showed rates also down slightly on loans that become adjustable after five years at a fixed rate.

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Save for down payment or buy a home now?

Posted 4/28/2015

Are you saving up to buy a home down the road? It makes sense from a personal financial planning perspective, but when it comes to whether it actually helps you get your foot in the door, you may want to reconsider.

Details here from USA today.

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If you are thinking of getting your home on the market, this may be a great time. Who do you know that needs to sell a home that I can help?

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February's 4% home price gain foretells busy spring

Posted 4/13/2015

Home values appear poised to take off again this spring,with sale prices up 4 percent in February, before the busy home buying season kicked off.

 

Details here from CoreLogic as reported in the Orange County Register.

 

If you are thinking of getting your home on the market, this may be a great time. Who do you know that needs to sell a home that I can help?

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California home sales and prices start year lower

Posted 2/23/2015

California’s housing market started the new year still bearing the scars of 2014’s tight housing inventory and low housing affordability as statewide home sales fell from the previous month and year.


Details here in an article by the California Association of Realtors.



If you are thinking of getting your home on the market, this may be a great time. Who do you know that needs to sell a home that I can help?

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Inaccurate Zillow 'Zestimates' a source of conflict over home prices

Posted 2/16/2015

Zillow CEO Spencer Rascoff says that their "Zestimates are "a good starting point” but that nationwide they have a “median error rate of about 8 percent."

Whoa! That can be a lot! And it even varies by more when you look at the local data.


Here is a detailed article on the subject from the Washington Post.


If you are thinking of getting your home on the market, this may be a great time. Who do you know that needs to sell a home that I can help?

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Should I Wait Until Spring to List My Home? Not Necessarily

Posted 2/9/2015

You may have less time than you think to get your home on the market before the busy spring season.

Many sellers feel that the spring is the best time to place their home on the market as buyer demand traditionally increases at that time of year. However, the next six weeks before spring hits also have their own advantages.

Here are five reasons to sell now in an article by Keeping Current Matters.

If you are thinking of getting your home on the market, this may be a great time. Who do you know that needs to sell a home that I can help?

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