Sunday, January 11, 2009

Realtor in today's housing market

There is no harm in using a Realtor and in today's housing market. Realtor are helpful in asking questions that sometimes you may not know to ask. Realtors can also be helpful in giving advice in regards to options and price points for shore real estate buyers or shore real estate sellers.


Thursday, December 18, 2008

Mortgage rates fall to 37-year low

Fed slashed interest rates to historic lows.

30-year fixed mortgage sinking to its lowest rate in 37 years as the Federal Reserve cut interest rates.

See Government-sponsored mortgage lender Freddie Mac

"Primary Mortgage Market Survey® data provided by Freddie Mac"

Tuesday, December 9, 2008

FHA loan is great for first time home buyer

Home ownership is becoming a reality for more and more Americans as new home owners. Looks like the later 2008 and on coming 2009 will be the year for new home buyers to buy a home.

Get started today to see if you quantify for these great low interest rates.
An FHA loan is a home mortgage that allows for a purchase or refinance with a low down payment. They're great for the first time home buyer.

http://www.fha.com/

Remember, the FHA does not make home loans. They insure the FHA loans.

About the FHA
The Federal Housing Administration (FHA), an agency of the federal government, insures private loans that are issued for new and existing housing, and loans that are approved for home repairs. Created by congress in 1934, the FHA became part of the Department of Housing and Urban Development's Office of Housing (HUD) in 1965. Today the mission of the FHA includes helping borrowers get amounts they qualify for, and assisting lenders by reducing their risk in issuing loans.

Briefing.com: Investor Index

Pending home sales increased 7.8% in the South and 0.6% in the Northeast. However, pending sales were down 4.3% in the Midwest and 8.7% in the West, which is dominated by the California market.


Source

Thursday, November 27, 2008

Mortgage rates are dropping

The average rate for a 30-year fixed mortgage fell to about 5.5 percent after starting at 6.38 percent this month according to Bankrate Inc.

Home buyers that qualify to buy a home with a 30-year fixed home mortgage this year can expect to find many homes for sale to pick from.

When supply and demand for home become more leveled out - the housing market will rally an even better improvement for home buyers and home sellers.

My brother a Realtor in California informed by phone last week that he saw quite an improvement in his neighborhood of beach homes for sale having "Under Contract" signs on front lawns. He expected that up to 4 to 5 home buyers would be interested in the same home for sale. Which can lead to good offers and the home owner getting the price offer they desired.

In the end we both decided this was a much better picture for selling of real estate in California than the months before this phone call last week.

homes Ewing NJ are going up in value

Local Mercer County New Jersey news announced yesterday that homes in Ewing NJ and Trenton are going up in value since last year. Around 4% higher.

The average home price in Ewing NJ is estimated around 340,000.

Ewing is close to 195 and 295 and Hopewell NJ. And a short way from center Trenton.

This is a good clear sign that the economy is making a comeback.

If you are interested in Listing your home or interested in real estate now is the time to get it going today...

If you are relocating to New Jersey Mercer County this is a good site to get in touch with a referral of an experienced real estate sales associate.


Mercer County Real Estate For Sale Click Here

Advertise your home with a NJ real estate agent

Wednesday, November 5, 2008

When is the best time to buy a home at the Shore

Owning a home down at the shore can be idea for those that love the shore life.

When is the best time to buy a shore home?

This is the best time to buy a home at the Shore. Allowing buyers an opportunity to buy the perfect seaside estate suited to your lifestyle at fair market value.

Not everyone can buyocean front property for many reasons.

Regardless most people can afford to buy in the areas of the shore line that are affordable. States such as New Jersey are great areas to invest in buying shore homes. New Jersey has about 127 miles of beaches. Starting from Sandy Hook all the way down to Cape May, NJ. In between you can locate the famous Atlantic City.

Each year thousands of visitors enjoy the New Jersey shores. Surf, Sand, Fun, Fishing, Biking and more.

When is the best time to buy a shore home in New Jersey? Now is the best time.