5 Reasons To Sell Now

If you plan on moving anytime in 2011, you should strongly consider selling your house now rather than waiting. Here are five reasons why: This is when your house will get the most exposure.  The spring, and particularly the month of May, is when most buyers enter the real estate market. This surge of buyers […]

Mortgage Interest Trending Upward All Week

Mortgage markets worsened for the 8th straight day, equaling the longest losing streak of the last 5 years. Conventional, 30-year fixed mortgage rates are now scratching 5 percent, with FHA mortgage rates running roughly the same. This is a huge increase from just 11 weeks ago when mortgage rates were riding an 8-month-long hot streak, and […]

2011 Housing Predictions: NAR & FNMA Compared

Real Trends BY Nicolai Kolding When it comes to predicting what’s in store for the real estate market in 2011, it’s very tempting to pronounce that the worst is behind us. There are perhaps as many arguments for this position as there are against it. But with so many key variables in question (unemployment, tax rates, […]

View of 2009 Land Sales in Western North Carolina

2009 was another year similar to 2008 with the volume of Land sales significantly below the highs of 2006 and 2007. The total units sold over 20 acres in the seven county region which includes Buncombe, Henderson, Haywood, Madison, Rutherford, Polk, and Transylvania counties as reported through the North Carolina Mountains MLS was a mere […]

House Votes to Expand Home Buyer Credit

From Stephen Ohlemacher :: Associated Press Buying a home is about to get cheaper for a whole new crop of home buyers—$6,500 cheaper. First-time home buyers have been getting tax credits of up to $8,000 since January as part of the economic stimulus package enacted earlier this year. But with the program scheduled to expire […]

Mortgage Rates Remain Nearly Unchanged

While weaker-than-expected economic data pushed mortgage rates lower last week, concerns about the coming supply of debt needed to pay for government programs moved mortgage rates higher this week, leaving rates nearly unchanged over the past two weeks. Mortgage Rates This week, the economic data had little impact, but mortgage rates moved higher for a […]