Archive for August, 2011
August 27th, 2011
NEW YORK — New-home sales fell once again in July, the third straight month of declining sales for hard-pressed home builders.
New homes sold at a seasonally adjusted annualized rate of 298,000, a modest 0.7% drop from a downwardly-revised rate of 300,000 homes sold in June, the Census Bureau said Tuesday. It was also below the rate of 310,000 that a panel of housing market analysts at Briefing.com had forecast.
Sales rose 6.8% year-over-year from 279,000 in July 2010.
“We’ve been bouncing around the 300,000 level for months, for years, really,” said David Crowe, the chief economist for the National Association of Home Builders.
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August 27th, 2011
Homes are selling at Monteith Place near Huntersville NC! This community offers large, beautiful homes at affordable prices. Monteith Place is known as a friendly neighborhood and the community amenities include a club house, pool, recreation area, walking trails and a playground. Ideal for families, couples, or as a retirement community, Monteith Place is a welcoming and active neighborhood in a great location just south of Huntersville in the greater Charlotte area.
Today, there are 13 homes on the market in Monteith Place. The average list price is under $200,000. Call the Talk Charlotte Real Estate Team to learn more about this neighborhood and schedule a showing of the homes for sale here: 888-297-6100.
Monteith Place near Huntersville NC – Real Estate Stats
August 26th, 2011
Although the beginning of fall is officially a month away, today it feels like fall. There are a few leaves changing color (early, but still…) and I am thinking about what a tumultuous summer it has been for Americans. Economists and politicians were united in predicting recovery in 2011, but instead we have gotten a debt ceiling crisis, a bond downgrade, persistent high unemployment, slow growth, and the threat of inflation. The E.U. is worse off than we are, with violent rioting in London and economic unrest throughout the continent. But New York has so far been a haven of stability.
I think there are a number of reasons for this. We are an English speaking international city which ISN’T having riots. Alt
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August 26th, 2011
Todays mortgage rates are hanging on to low levels which continues to create competition in the mortgage market. Mortgage rates should be safe today as disappointing jobless claims has investors again seeking safety.
Low conforming mortgage rates that have seen historical declines are still available to borrowers. Current 30 year fixed mortgage interest rates are at 3.875% and 15 year fixed mortgage rates are at 3.250%. For borrowers who dont expect to be in a home for a long period of time, 5/1 ARM loan rates are at 2.625% and could be the perfect mortgage choice.
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August 26th, 2011
Each week, I am picking a sweet Home deal in the Woostock area. The deals are chosen based off the following criteria:
- Attractive price for today’s top buyer pool
- Quality of finishes, style and character
- Ease of projects to make move-in ready.
- Proximity to shops, restaurants and neighborhood amenities
For buyer representation on any of these homes, please contact Mike or Heather at [email protected] We can have you inside within 3-10 hours of your inquiry!
$139,900 : 500 Ashland Parkway, Woodsotck, GA 30189