Real Estate Headlines - 5 - Worthy of Attention...

By
Real Estate Agent with Downing-Frye Realty, Inc. Naples, FL
http://actvra.in/FXt

Real Estate Headlines - 5 - Worthy of Attention...

Home Prices Continue to Rise

source: rismedia.com

rismedia.com reported the S&P/Case-Shiller Home Price Indices as released by S&P Dow Jones Indices.

For renters, buying a home pays off after three years on average

source: latimes.com

latimes.com reported a "provocative data point" cited by Zillow. On average, nationwide the home purchase pays off after three years. This is clearly thinking we used to see all time in days gone by. Ultra low interest rates and low homes prices are the two key factors.

Mortgage Rate Climb After Months of Record Lows

source: dsnews.com

dsnews.com reported the announcement by Freddie Mac this past Thursday after more than three months of record-low drops. The GSE Primary Mortgage Market Survey showed the 30-year fixed-rate mortgage to average 3.55 percent. This may even make the buy versus rent comparison pay off sooner than the just reported 3 years by Zillow.

U.S. Mortgage Rates Increase for the First Time in 7 Weeks

source: bloomberg.com

bloomberg.com also cites the announcement by Freddie Mac this past Thursday and the GSE Primary Mortgage Market Survey showed the 30-year fixed-rate mortgage to average 3.55 percent. It goes on to cite BMO Capital senior economist Sal Guatieri stating "house prices have turned the corner..."

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the scissors to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Real Estate Market Trends
Tags:
real estate headlines

Comments 0 New Comment

Rainmaker
284,421

Bob Pisa Downing-Frye Realty

Commitment, Service, Satisfaction...
Just ask!
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the scissors to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information