Posted on December 31, 2008 by wesatiyeh
REAL ESTATE OPPORTUNITIES CNBC video on how the real estate market is better than you think in areas you least expected.
Places to consider, Ft Lauderdale, FL, Southern California, Detroit Michigan are just a few places that are prime for real estate investments and opportunities.
Filed under: Buying, Real Estate | Leave a Comment »
Posted on December 29, 2008 by wesatiyeh
It’s common knowledge that when interest rates drop, home sales tend to pick up. But rising interest rates can have the same effect. Why? When rates have stabilized at a relatively low level for an extended period of time, home buyers lack a sense of urgency about making their home-purchase decision. Seeing rates move upward [...]
Filed under: Pricing, Real Estate, interest rates, selling | Leave a Comment »
Posted on December 29, 2008 by wesatiyeh
Mortgage rates remained at record-low levels last week. Freddie Mac reported the 30-year fixed-rate mortgage averaged 5.14%, down from last week when it averaged 5.19%. Prospective buyers and homeowners thinking of refinancing with credit scores over 740 and 20% in equity can expect better rates. It is possible for mortgage interest rates to push lower [...]
Filed under: Real Estate, interest rates | Leave a Comment »
Posted on December 26, 2008 by wesatiyeh
Happy Holidays to all and Merry Christmas. This time of the year is about shopping since Labor Day, spending lots of cash and piling up lots of credit card debt for crap we don’t need or stuff we can’t give away. Re-gifts are in for sure. When do you think stores will ever come up [...]
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Posted on December 24, 2008 by wesatiyeh