Login  |  Create Account
You are here: Home / Archives for Percentage
Sep 25

Existing Home Sales Leap To 2-Year High

September 25, 2012 By 1 Comment
Existing Home Sales Leap To 2-Year High

The home resale market put forth another strong data set last week. Home sales prices are higher nationwide and sales volume has moved to a 2-year high. According to the National Association of REALTORS®, 4.82 million "existing homes" sold on a seasonally-adjusted, annualized basis in August, representing a near 8 percent improvement from the month prior and a nine percent jump from August 2011. An existing home is a home which has been previously occupied. Home sales were unevenly … [Read more...]

Filed Under: Buying Real Estate in Washington, DC, Selling Real Estate in Washington, DC Tagged With: , , , , , , , , , , , , ,
May 30

Foreclosures Fall To 5-Year Low

May 30, 2012 By Leave a Comment

Foreclosures filings fell 5 percent between March and April of this year, and by 11 percent as compared to one year ago. The data comes from RealtyTrac. The foreclosure-tracking firm tallied fewer than 189,000 foreclosure-related actions last month -- the fewest number since July 2007. Rapidly-declining foreclosure figures are another signal that the U.S. housing market may already be in recovery. According to RealtyTrac's methodology, a "foreclosure filing" is any one of the following … [Read more...]

Filed Under: Buying Real Estate in Washington, DC, Selling Real Estate in Washington, DC Tagged With: , , , , , , , , ,
May 09

With LIBOR Low, Don’t Rush To Refinance Your ARM

May 9, 2012 By Leave a Comment
Adjustable Rate Mortgage

Is your mortgage scheduled to adjust this season? You may want to let it. This year's ARM-holding homeowners in District of Columbia are finding out that an adjusting mortgage may be the simplest way to get access to today's low mortgage rates -- without paying the closing costs. Currently, conventional adjustable-rate mortgages are adjusting to near 3.00 percent. If your home is financed via an adjustable-rate mortgage, you're likely cognizant of your loan's life-cycle. At first, your … [Read more...]

Filed Under: Buying Real Estate in Washington, DC, Selling Real Estate in Washington, DC Tagged With: , , , , , , , , ,
Oct 13

Retail Sales Expected To Rise; Mortgage Rates Should Rise, Too

October 13, 2011 By Leave a Comment
retailsales

The American Consumer is alive and well, it seems. Friday morning, the Census Bureau will release its Retail Sales figures for September. The report is expected to show an increase in gross receipts for the 15th straight month with analysts predicting a 0.6 percent increase from August. The projected increase represents the largest jump in Retail Sales in six months and would likely lead mortgage rates higher for buyers in DC and   nationwide. The connection between Retail Sales and … [Read more...]

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