Mortgage Rates Continue to Linger Near 2014 Lows

stefanlevine Featured , Real Estate Leave a Comment

Mortgage Rates Continue to Linger Near 2014 Lows Mortgage Rates | Nov 13, 2014 | By: Chrystal Caruthers Fixed rate mortgages are still hovering around 4% this week, after lower-than-expected employment figures caused concern. The average for a 30-year fixed mortgage dropped to 4.01% this week, from 4.02% last week, according to the Freddie Mac Primary Mortgage Market Survey. Mortgage interest rates averaged 4.35% this time last year. “While the …

US Home Prices Rise Less Than Expected In August

stefanlevine Real Estate Leave a Comment

  Home prices rise, just not as much as we all want!-Stefan US Home Prices Rise Less Than Expected In Aug.: S&P/Case-Shiller Tuesday, 28 Oct 2014 | 9:52 AM ETReuters Scott Mlyn | CNBC A house for sale in Sarasota, Florida U.S. single-family home prices rose in August on a year-over-year basis but fell short of expectations, a closely watched …

Existing-Home Sales Continue to Climb in July

stefanlevine Real Estate Leave a Comment

Existing-Home Sales Continue to Climb in July Media Contact: Adam DeSanctis / 202-383-1178 / Email WASHINGTON (August 21, 2014) – Existing-home sales increased in July to their highest annual pace of the year, and the ongoing decline in distressed sales reached an important milestone, according to the National Association of Realtors®. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, …

Credit Score Change Driving Housing Prices?

stefanlevine Real Estate Leave a Comment

It’s a bird, it’s a plane, it’s your credit score increasing?  That’s right. Which means that higher credit scores should lead to more mortgage applications. Translating to more mortgage approvals and buyers. While reading Rob Garver’s article I found myself thinking, will this increase in demand drive home prices up?   -Stefan Credit Score Change Could Set Up Consumers to …

Home Prices On The Rise

stefanlevine Real Estate 1 Comment

An even handed look at factors in the supply chain.-Stefan September 25, 2012, 9:47 AM Five Questions: Why Home Prices Are Rising By Nick Timiraos Associated Press Prices in July were 1.2% above their year-ago levels. Home prices through July posted their largest year-to-date rise since 2005, according to theS&P/Case-Shiller indexcovering 20 major metropolitan areas. Prices rose by 5.9% from …

Home Builders See Credit Thaw!

stefanlevine Real Estate 3 Comments

Lending to homebuilders shows confidence in the real estate market-Stefan Published: Thursday, 16 Aug 2012 | 12:10 PM ET By: Diana Olick CNBC Real Estate Reporter The U.S. home building industry is finally coming off its lowest volumes ever, albeit in fits and slow starts. pdz_house Home Construction New single family home starts fell 6.5 percent in July from the previous month …

Is The Bust Behind Us?

stefanlevine Real Estate 1 Comment

A real discussion of what constitues a real shift in pricing momentum.-Stefan August 6, 2012, 1:00 PM Is This the End of the Housing Bust? Not So Fast, Says Shiller By Joe Light Reuters Yale University professor Robert Shiller As I wrote in the Weekend Investor cover story, “Is the Real-Estate Rebound for Real?,” this weekend, many indicators are pointing to a …

Buying Beats Renting!!

stefanlevine Real Estate Leave a Comment

Home valuations and low mortgage rates drive value in home ownership. – Stefan     Buying beats renting in most U.S. cities   By Les Christie @CNNMoney August 2, 2012: 11:10 AM ET Buying a home in most major markets will end up being cheaper than renting one. NEW YORK (CNNMoney) — For people who are willing to stay put for a …

High Expectations for South Florida Real Estate

stefanlevine Real Estate Leave a Comment

Experts report that we are past the bottom of the market and Florida cities are expected to rebound quickly.- Stefan      Home values rise for first time in 5 years By Les Christie @CNNMoney July 24, 2012: 5:16 AM ET Home prices nationwide have hit a bottom, and home values are finally on the rise. NEW YORK (CNNMoney) — Home prices …