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This Month in Real Estate Video – June 2012

June’s “This Month in Real Estate” video has been released. This edition’s top story concerns the most common repairs homeowners make before putting a house on the market. For the full story and more, click the “Play” button below.

For more information on the real estate market or to speak to one of our agents about buying or selling a home, contact us today!

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May’s This Month in Real Estate Report

May 2012

May’s “This Month in Real Estate” report can be accessed by clicking here. Check back over the next few days for June’s “This Month in Real Estate” video, which will feature the latest real estate news and updates directly from KWRI.

Here is a snippet of the report:

The housing market and the overall economy are improving at modest rates nationally, and in some areas they have actually gained momentum. The Conference Board’s CEO confidence index is up a notable 14 points—from 49 last quarter to a current reading of 63. A reading of 50 is the threshold above which indicates an optimistic outlook and below indicates pessimism. Rapidly growing optimism is a good sign for future hiring and growth.

As always, for all of your real estate needs, contact us today!

Distressed Properties: Working with Buyers

http://kwconnect.kw.com/connect//user/GetCourse.do?memberId=101&partId=5325

Keller Williams offers world class training for its agents. Today was the second of three short courses on Distressed Properties designed to explore Keller Williams University’s online complete course for Distressed Properties. Each of these brief introductory courses offer a free downloadable student manual of over 100 pages per topic. Topics include: Listing REO’s, Working with Buyers, and Listing Short Sales. Keller Williams gives our agents the tools they need to master the Market of the Moment. It’s a great day at Keller Williams!

Mortgage Rates Continue to Fall, Plummet to Yearly Low

According to Freddie Mac, the 30-year fixed rate mortgage – a popular choice among home buyers – fell for the eighth consecutive week to 4.49 percent. This is the lowest the 30-year rate has been in 2011. At this time last year, 30-year rates averaged 4.72 percent.

Current rates mark a fantastic opportunity for those sitting on the fence to capitalize on a buyers’ market. For more information on purchasing a home, please contact us! An experienced agent will guide you through the entire process, helping you every step of the way.

Source: REALTOR® Magazine | Full Article

This Month in Real Estate Video – June 2011

June’s “This Month in Real Estate” video has been released. This edition”s top story concerns the most common repairs made to a home prior to its sale. Several market statistics for the year thus far are also included, revealing that the median sales price for homes nationally is $164,000 with mortgage rates continuing to decline. For the full story and more, click the “Play” button below.

For more information on the real estate market or to speak to one of our agents about buying or selling a home, contact us today!

Nationwide Open House Event Kicks Off This Weekend

This weekend, real estate agents throughout the country will participate in the 2011 REALTOR® Nationwide Open House event during what is typically considered prime buying season for those in the market for a new home.

One of the main goals of the weekend – in addition to spotlighting homes for sale – is to increase awareness about the benefits of home ownership for potential buyers. Locally, many open houses will be held both on Saturday, June 4 as well as Sunday, June 5. Click here for a list and maps of open houses which will be taking place this weekend.

According to a National Association of Home Builders report, home affordability recently reached its highest level in 20 years, signaling a great time for buyers to take advantage of the significant purchasing power available to them.

For more information about the open houses taking place this weekend or to schedule an appointment with one of our agents, please contact us.

Source: REALTOR® Magazine | Full Article

Mortgage Rates Reach 2011 Low

According to Freddie Mac, the 30-year fixed-rate mortgage – a popular choice among buyers – dropped for the fourth consecutive week to 4.63 percent. This is the lowest the 30-year rate has been this year.

These falling rates have resulted in an increased number of mortgage applications being filed. The Mortgage Bankers Association reports that applications have increased 8.2 percent this week compared to the prior week.

With mortgage rates hitting a yearly low, now is a fantastic time to purchase a home! Contact one of our agents for more information.

Source: REALTOR® Magazine | Full Article

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