Existing-home sales bounced back in December and climbed
above an annual pace of 5 million sales for the sixth time in seven months,
according to the National
Association of REALTORS®. Median home prices for 2014 rose to their highest
level since 2007, but total sales fell 3.1 percent from 2013.
NAR chief economist Lawrence Yun says sales picked up in December to close a
It looks like housing will continue to excel into the
new year, due to the rise in job creation and declining mortgage rates.
Another boon for housing is the rise in single family
construction. Although levels still remain way below “normal” building
conditions, increased construction ties directly back to an increase in
available jobs, furthering the cycle for improved housing. According ...
A brief overview of the Capital Region market ~
The clock is ticking for
buyers and homeowners who want to grab a low mortgage rate in 2014. But if you
stay on top of your game, keep your finances in order and act quickly, you can
still grab attractive mortgage deals.
These 10 mortgage tips
can help you with your mortgage decisions in 2014.
1. Document your
finances. Lenders will be extra diligent when underwriting home loans in 2014,
The new “Homeowner Flood Insurance Affordability Act,” HR
3370 passed earlier this year should resolve most
of the unintended consequences due to implementation issues with the
Biggert-Waters Act of 2012.
Repeals FEMA’s authority to raise flood insurance rates
at the time of property sale.
Coldwell Banker Prime Properties has been award the "Best Realtor Website" by the Capital Region Builders & Remodelers Association for the second consecutive year.The association assembles ad panel of experts to review realtor websites in the Capital Region to make this decision. Be sure to visit us at
Angie Hicks of Angie’s List has suggestions
for that part of your home that offers the best of indoor and outdoor living.
The screened-in porch offers home experiences approaching paradise - like an
afternoon curled up in a wicker rocker, reading a good book, or an evening of
al fresco entertaining with your favorite folks.
But if you think of a screened-in porch as just a home add-on, you might ...
There's a lot of information available online for the prospective home buyer - a lot! Increasingly, buyers are using the Internet as their first step in the home search process. The percentage of buyers who purchased a home they found on the Internet has increased steadily since 2001 - from just 8% - to 43% in 2013. However, the percentage of buyers who used a Realtor to purchase a home has remained ...
Purging belongings can be an arduous task for anyone, but it's especially so if you are getting your home ready for sale. Here are 13 tips to help make the task of decluttering less daunting.
1. Study the entire house. Don't tackle every room in one fell swoop. Go room-by-room, starting at the front door. Pretend you are seeing each room for the first time, says Kammie Lisenby, ...
RISMEDIA, Monday, December 16, 2013— The nationwide financial and economic challenges in recent years have upended millions of consumers' retirement plans, and dreams of transitioning into a new or smaller dwellings to age in place.So the recent news from the National Association of Home Builders was well received. Builder confidence in the 55+ housing market continued to show improvement in ...