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Featured home: 201 Seminary Dr., Dyer, IN 46311Listing ID 23963174 Have you noticed sales in your area have started to slow down? You’re not alone. As mortgage interest rates increased, pending home sales dipped slightly in July, according to the National Association of Realtors (NAR). Dr. Lawrence Yun, NAR chief economist, said the dip is […]
If you’ve been watching the news or reading the paper, you know that the last few weeks have seen a pretty significant increase in mortgage rates (Freddie Mac is reporting that the average 30-year fixed mortgage rate rose to 4.46%, the highest it’s been in almost two years), which means that it’s more important than […]
May was a great time for the real estate market, and the proof is in a survey conducted by mortgage giant Fannie Mae. Their May 2013 National Housing Survey found that more than 40% of people surveyed think that now is a great time to sell, a number that has more than doubled in the […]
The National Association of Realtors’ Research Department recently released their Confidence Index based on home selling data from February. Among the latest information about the state of the real estate market, it was found that the national average for the number of days a home sits on the market is 74 days. The selling season […]
We don’t want to jinx it, but we could we be looking at a real seller’s market. A limited number of homes for sale and rising home prices are driving more buyers to market early to take advantage of low mortgage interest rates. Before they pounce on your house, use these real estate insider tips […]