Monday, August 27, 2012

3 homebuying musts that are often overlooked

3 homebuying musts that are often overlooked

Iman News
Mood of the Market


Friday, August 24, 2012

Price your house to sell quickly

Price your house to sell quickly

If home lacks features of recent comps, it's time to subtract value

A first-quarter survey of homebuyers and sellers done by HomeGain.com, a real estate services website, revealed that 76 percent of homeowners believe their home is worth more than the list price recommended by their real estate agent
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Thursday, August 23, 2012

New Listing - 13903 BRIARWICK ST, BOYDS, MD 20841

Barbara's New Listing!

13903 BRIARWICK ST, BOYDS, MD 20841

List Price:  $424,500


EXCELLENT value in wonderful Kingsview Ridge. Nicely decorated, bright, happy home on a beautiful cul-de-sac. Great kit open to fam rm, large deck, wonderful floor plan, finished LL inc sep office/den, Do not be put off by the Marc tracks - it's very quiet & price reflects the proximity so it's a real "Win" for a smart buyer! Serious sellers ready to go!

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Sales of New U.S. Homes Increase to Match Two-Year High

Sales of New U.S. Homes Increase to Match Two-Year High

By Shobhana Chandra - Aug 23, 2012

Purchases of new U.S. homes rose more than projected in July to match a two-year high, a sign the industry that helped trigger the recession is recovering. Sales climbed 3.6 percent to a 372,000 annual pace, following a 359,000 rate in June that was higher than previously estimated, figures from the Commerce Department showed today in Washington. Last month’s rate was the same as in May, which was the strongest since April 2010. The median forecast of 72 economists surveyed by Bloomberg called for a rise to 365,000.

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Tuesday, August 21, 2012

Live Top-earning towns Luxe homes, great schools and exclusive communities. It takes a big paycheck to live large in these 25 posh patches.


Top-earning towns

From CNN MONEY

Luxe homes, great schools and exclusive communities. It takes a big paycheck to live large in these 25 posh patches. Bethesda MD ranked #1.

An easy commute from Washington D.C., Bethesda is a hotspot for the highly educated, with nearly half of its residents boasting a graduate or professional degree. 



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Monday, August 20, 2012

.Homebuilder Confidence in U.S. Increases to Five-Year High

Homebuilder Confidence in U.S. Increases to Five-Year High

From Bloomberg.com
Confidence among U.S. homebuilders climbed in August to the highest level in more than five years, affirming the improvement in residential construction.

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Tuesday, August 14, 2012

Mortgage closing costs fell 7% for homebuyers

Mortgage closing costs fell 7% for homebuyers


@CNNMoney August 7, 2012: 11:53 AM ET
  NEW YORK (CNNMoney) -- Federal regulations are helping to significantly reduce the amount new homebuyers are paying come closing time.
The average cost of closing on a mortgage has fallen by 7.4% over the past year, according to a recent survey by Bankrate.com.

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Monday, August 13, 2012

CitiMortgage to Launch Home Rental Program as Foreclosure Alternative

CitiMortgage to Launch Home Rental Program as Foreclosure Alternative


From DSNews.com   CitiMortgage announced the launch of the Home Rental Program, a program designed to provide an alternative to foreclosure and allow eligible borrowers to stay in their homes.

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Friday, August 3, 2012

Moe Veissi Discusses Encouraging Signs in Housing Market on XM Radio


Moe Veissi Discusses Encouraging Signs in Housing Market on XM Radio

Listen to an interview with NAR President Moe Veissi on XM radio where he talks about encouraging signs in the housing market, including year-over-year price increases, lower inventory, and even multiple bids in some instances. 

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Wednesday, August 1, 2012

Mortgage rates drop again, Freddie Mac says; 30-year at 3.53%

Mortgage rates drop again, Freddie Mac says; 30-year at 3.53%

From the Los Angeles Times

The average rate on a 30-year fixed mortgage hit another new low this week, dropping to 3.53% from 3.56% last week, according to Freddie Mac's survey of what lenders are offering to well-qualified borrowers.

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