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Tag Archives: Adrian Valdes
Pending Home Sales Trend Up
NAR’s index highest since April 2010 Good news from the National Association of Realtors (NAR) — its Pending Home Sales Index went up 2 points in January of this year to reach 97.0, the highest level since April of 2010. December … Continue reading
Mortgage Rates Hovering At Historic Lows
Although most types of mortgages fell a bit last week, experts are predicting a rise in rates in the upcoming weeks due to positive trends in the economy and stock market. 30-year fixed: twelve weeks under 4.0 percent Last week, … Continue reading
Posted in The Real Estate Market
Tagged Adrian Valdes, Florida, Mortgage Rates, Real Estate
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Why the Crisis In Greece Matters Here
Although Greece seems far away — and far from involved in the mortgage and housing market challenges faced in the U.S., the fact is that our economies are linked. Simply put, Greece is bankrupt, which means it can’t pay its … Continue reading
Posted in The Real Estate Market
Tagged Adrian Valdes, Debt Crisis, Florida, Greece, Real Estate
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What the Drop In Unemployment Means For Housing Market
Unemployment rate falls to 8.3% The unemployment rate in January of this year fell to to its lowest point in nearly three years, since February 2009. This, along with the number of people jobless (12.8 million) — also the lowest in … Continue reading
Mortgage Rates Edge Up
Mortgage rates rise 0.7 points Last week, mortgage rates rose an average 0.7 points, according to Freddie Mac. Realtor Magazine reports a “series of recent positive reports showing the housing market on the mend” may have affected mortgage rates, halting … Continue reading
Do Some Houses Sell Faster Than Others?
An interesting infographic says “yes” The site One Block Off the Grid (1bog.org), a free group discount site focused on solar energy solutions for home owners, recently published the following infographic showing some statistics about why some houses sell faster … Continue reading
What Happened to the Housing Market in 2011
Consumer Confidence + Tight Credit + Too Much Empty Property = Slow Recovery Last week the Fed sent a housing “white paper” to Congress discussing the importance of housing to the economic recovery. On Friday, Federal Reserve Governer Elizabeth Duke … Continue reading
Posted in The Real Estate Market
Tagged 2011 Housing Market, Adrian Valdes, Florida, Real Estate
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What Happened to the Housing Market in 2011
Time Magazine and AOL Real Estate each have lists of the most significant news in real estate in 2011: AOL’s #1: “Foreclosure Crisis” The “emotional and economic distress.” The “drag on a recovery.” The “tighter lending practices.” The robo-signing scandal. … Continue reading