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May 01

Case-Shiller Home Price Indices Post Highest Growth Rates Since 2006

May 1, 2013 By Leave a Comment
Case-Shiller Posts Highest Gains Since 2006

Housing markets continue to improve according to the S&P Case Shiller Home Price Indices released April 30 for February's data. The Indices consist of a 10-City Composite Index and a 20-City Composite Index with housing markets for each city reported based on a three-month rolling average of home prices. Case Shiller Posts Highest Growth Rates Since 2006 The data released yesterday comprised the Indices' highest growth rates since May 2006. For the 12 months between February 2012 … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: , , , , ,
Apr 29

What’s Ahead For Mortgage Rates This Week – April 29, 2013

April 29, 2013 By Leave a Comment
What

Mortgage rates fell again last week and are again near record lows. According to Freddie Mac, the average rate for a 15-year fixed rate mortgage did achieve a record low of 2.61 percent as compared to 3.1 percent one year ago. The average rate for a 30-year fixed rate mortgage fell to 3.40 percent and near the record low of 3.31 percent. Low mortgage rates are helping homeowners with refinancing and are boosting housing markets as more buyers can qualify for mortgage loans. Home … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: , , , , , , , , , ,
Feb 25

What’s Ahead For Mortgage Rates This Week: February 25th, 2013

February 25, 2013 By Leave a Comment
What

A quiet past week in economic news caused mortgage rates to worsen slightly. This week, however, will be packed with economic reports which may have an impact on interest rates going forward. Freddie Mac reported that the average rate for a 30-year fixed rate mortgage rose by 3 basis points from 3.53 percent to 3.56 percent with borrowers paying 0.8 in discount points and all of their closing costs. The average rate for a 15-year fixed rate mortgage was unchanged from last week at 2.77 … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: , , , , ,
Jan 28

Reasons To Attend Your Own Home Inspection

January 28, 2013 By Leave a Comment
Be present for your home inspection

As a home buyer in DC , you can get a feel for whether a home's systems and appliances are in working order. However, you can't know for certain until after the home's been inspected. This is why real estate agents recommend that buyers hire a licensed home inspectors immediately after going into contract. It's the best way to really know the home which you're buying. By definition, a home inspection is a top-to-bottom check-up of a home's physical condition and systems, including a review … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: , , , , ,
Jan 21

Dominic Morrocco of M Squared Real Estate makes the Annual Inman 100 Roundup

January 21, 2013 By Leave a Comment
Dominic Morrocco - Inman 100

The Inman 100 report, an annual list of the Most Influential Real Estate Leaders, recognizes those who embody leadership, ingenuity, strength, conviction, power, persistence, perseverance and progress -- their voices and actions can move the industry toward change. They include the industry's brain trust, power brokers and deal makers, and those outside the industry who impact the business of buying and selling homes.  M Squared Real Estate is proud to announce, our co-founder Dominic … [Read more...]

Filed Under: M Squared Company News Tagged With: , , , ,
Jan 03

Post-Fiscal Cliff, Mortgage Markets Turn Attention To Jobs Data

January 3, 2013 By Leave a Comment
Post-Fiscal Cliff, Mortgage Markets Turn Attention To Jobs Data

Mortgage rates moved higher Wednesday up congressional leaders voted to avoid the "Fiscal Cliff". Mortgage-backed securities (MBS) fell as investors bid up stock prices. Confidence among investors and consumers typically causes mortgage rates to rise. That's what happened Wednesday. For Thursday and Friday, expect jobs data to dictate where District of Columbia mortgage rates are headed. The Federal Reserve has said that the national Unemployment Rate will dictate future monetary … [Read more...]

Filed Under: Buying Real Estate in Washington, DC, Selling Real Estate in Washington, DC Tagged With: , , , , , , , , , ,
Dec 19

Homebuilder Confidence Rises For 9th Straight Month

December 19, 2012 By Leave a Comment
Homebuilder Confidence Rises For 9th Straight Month

The National Association of Home Builders (NAHB) released its Housing Market Index (HMI), showing another monthly gain -- its ninth in a row. The HMI -- a gauge of homebuilder confidence -- rose 1 point to 47 in December 2012, lifting the index to its highest levels since April 2006. Readings under 50 indicate unfavorable housing conditions for builders. Readings over 50 signal "good" conditions. Coincidentally, the last time that the HMI read above 50 was April 2006, too. The Housing … [Read more...]

Filed Under: Selling Real Estate in Washington, DC Tagged With: , ,
Dec 12

M Squared Introduces Open House Touch, Mobile Responsive Open House Management

December 12, 2012 By 2 Comments
Open House Touch Rendering

 Leading independent, Washington DC brokerage firm M Squared Real Estate, introduces Open House Touch (shown above), a mobile responsive web application for open house management. Open House Touch launches as a major upgrade to the company’s app-less open house management software launched last year.  Open House Touch, runs on all touch-based smartphones and tablets, as well as Chromebooks. Because it’s a webapp, M Squared consultants need only click a link and the software installs … [Read more...]

Filed Under: M Squared Company News
Dec 04

How To Maintain Adequate Homeowners Insurance Coverage

December 4, 2012 By Leave a Comment
homeowners-insurance

In the aftermath of Hurricane Sandy, stories have emerged of homeowners whose hazard insurance coverage was too low to cover the damage to their respective properties. Unfortunately, this scenario is common among U.S. homeowners, and is not just limited to damage from natural disasters. Homeowners in DC and nationwide are often woefully under-insured against catastrophe in its many forms. Whether you're buying a home, or own one already, revisit your hazard insurance policy choices and … [Read more...]

Filed Under: Neighborhood News Tagged With: , , , , , , , , , ,
Dec 03

A Look At This Week’s Mortgage Rates : December 3, 2012

December 3, 2012 By Leave a Comment
A Look At This Week's Mortgage Rates : December 3, 2012

Low mortgage rates are pumping up home affordability. Average 30-year fixed-rate mortgage rates made a new all-time low in November, continuing this year Refinance Boom and giving fuel to the budding housing market recovery. At month-end, Freddie Mac's survey of 125 banks nationwide put the benchmark product's rate at 3.32% for borrowers willing to pay 0.8 discount points. This is just 0.01 percentage point above the record-low rate establishing prior to Thanksgiving. The 15-year fixed … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: , , , , , , , ,
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