Monthly Archives: October 2010

Existing Home Sales | Existing-home Sales Fall Again

It is the third consecutive drop in monthly year-over-year numbers.Sales were 824 in September, compared with 1,007 in September 2009, according to the N.C. Association of Realtors. Sales fell 5 percent from 870 in August.The average sales price dropped 3 percent last month to $150,872 from $155,226 for the same period a year ago.The association considers the Triad an 11-county region for Multiple    .. more …

New Home Sales | Dual Occupancy Home Designs

You love your neighbourhood, but the home you purchased a while back is now worth a small fortune, and you are wondering how on earth to release some of that well-deserved growth in capital value without having to sell up and move. Redeveloping your block with one of the many dual occupancy home designs available today is a great idea to consider.Dual occupancy is simply that: more than one home    .. more …

Mortgage Interest Rates | News Briefs

Mortgage interest rates remain at record lows, numbers from Freddie Mac showed yesterday.The average rate on a 30-year, fixed-rate loan fell to 4.19percent in the week that endedyesterday, down from 4.27percent the week before, Freddie Mac said.Fifteen-year, fixed-rate loans also set a record, falling to an average of 3.62percent from3.72percent a week ago. The five-year, adjustable-rate average    .. more …

Existing Home Sales | Existing-home Sales Are Up, But Worries Linger

Existing-home sales rose 10% in September and sent hopeful vibes for the housing industry, but concerns over jobs and foreclosure issues mean a recovery is far from assured.September marked two months of sales increases after a 27% plunge in July. And while mortgage rates remain at historic lows and home prices remain down, those may not be enough to encourage robust home buying, some analysts    .. more …

New Home Sales | New Home Sales Rise 6.6% In September; Recovery Far Off

New home sales rose in September, but there’s still a long way to go for recovery in the home building industry.New home sales increased by 6.6% in September from August, but were still 21.5% off from last year, the U.S. Commerce Department reported Wednesday. New home sales last month were at a seasonally adjusted annual rate of 307,000.But as the 6.6% sales rise estimate has a margin of error of    .. more …

Mortgage Interest Rates | How To Get Low UK Mortgage Interest Rate

Mortgage market in UK has been a leading demonstrator of mortgage management in rest of the world. As in UK mortgage loan wherein the loan is secured by real property through the use of a mortgage note, borrower is asked to pay monthly installments which is includes interest and principle amount. And, at the end of the loan that is the time when the loan comes an end, the property belongs to    .. more …