Market Updates Category

Union County Georgia Home Sales

said on May 12th, 2012 filed under: Market Updates, Real Estate Information

Union County Georgia Home Sales – by Month Active SOLD 2012 SOLD 2011 SOLD 2010 January 391 29 17 20 February 396 23 38 20 March       415          31 32 32 April       441          31 23 18 May 35 32 June 37 20 July 31 30 August 47 37 September 43 30 October 33 33 November 25 40 December 32 29 TOTAL -------- 114 392 342   Union County Georgia Home Sales – by Price Range -2012- -2011- -2010- Under $99,999 40 124 91 $100,000 - $199,999 54 179 155 $200,000 - $299,999 13 54 43 $300,000 - $399,999          3 23 13 $400,000 - $499,999          2 6 2 $500,000 - $599,999          1         3          1 $600,000 - $699,999        ...

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Clay County North Carolina Home Sales

said on May 11th, 2012 filed under: Hayesville, NC, Market Updates

Clay County North Carolina Home Sales – by Month Active SOLD 2012 SOLD 2011 SOLD 2010 January 275 7 6 5 February 277 11 11 2 March      272          6 10 3 April      286          12 9 4 May 7 4 June 14 10 July 6 5 August 10 11 September 11 2 October 11 8 November 12 6 December 6 3 TOTAL -------- 36 113 63   Clay County North Carolina Home Sales – by Price Range -2012- -2011- -2010- Under $99,999 16 37 14 $100,000 - $199,999 8 52 22 $200,000 - $299,999 7 9 12 $300,000 - $399,999 4 6 7 $400,000 - $499,999 2 3 $500,000 - $599,999         3 $600,000 - $699,999          1 3 $700,000 - $799,999 3 2 $800,000 - $899,999 $900,000 - $999,999 Over 1 million TOTAL 36 113 63 Clay County...

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Mortgage Rates Reach Another Record Low

said on May 6th, 2012 filed under: Market Updates, Real Estate Information

Mortgage rates fell for a fourth consecutive week and the fifth time in the past six weeks, with the average rate on the benchmark 30-year fixed mortgage rate dropping to 4.05 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.45 discount and origination points. The average 15-year fixed mortgage rate retreated to 3.25...

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Home Finance Delinquencies at Three-Year Low

said on May 5th, 2012 filed under: Market Updates, Real Estate Information

John Hayes Folsom, CA Real Estate

Total delinquent first mortgage balances were under $500 billion as of this past March, the lowest since January 2009. Also, as of March 2012 there were a total of 49.5 million outstanding first mortgages, nearly an 11 percent decrease from the peak of more than 55 million in March 2008. This is the latest data from Equifax's March National Consumer Credit...

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Foreclosure Sales Low, But Inventory Remains High

said on May 4th, 2012 filed under: Foreclosures & Short Sales, Market Updates

John Hayes Folsom, CA Real Estate

While March foreclosure starts increased a modest 8.1 percent since last month, overall, they were still down more than 31 percent year-over-year. Also in March, first-time foreclosure starts hit a five-month high. However, despite the increase, the number of first-time foreclosure starts in March was still far below those seen throughout much of 2011 and all of the previous three...

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Survey Says: U.S. Renters Planning to Purchase Home to Do So Within Next Two Years

said on May 3rd, 2012 filed under: Market Updates, Real Estate Information

John Hayes Folsom, CA Real Estate

Among renters who plan to purchase a home in the future, 60 percent have increased their intent to do so compared to 12 months ago, according to the recent PulteGroup Home Index (PGHI) survey issued by national homebuilder PulteGroup, Inc. Among this same group, 61 percent stated they intend to purchase a home within the next two years. Among the top...

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Housing Outlook Continues to Brighten, Say Economists

said on April 30th, 2012 filed under: Market Updates, Real Estate Information

John Hayes Folsom, CA Real Estate

Mirroring the uneven economic recovery, the housing market is expected to move in a slow, gradual upward path in 2012, while encountering its share of speed bumps along the road, according to economists participating in yesterday’s National Association of Home Builders (NAHB) construction forecast webinar on the housing and economic outlook. While the latest monthly housing data have shown signs of...

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March Pending Home Sales Rise, Market Recovering

said on April 29th, 2012 filed under: Market Updates, Real Estate Information

John Hayes Folsom, CA Real Estate

Pending home sales increased in March and are well above a year ago, another signal the housing market is recovering, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 4.1 percent to 101.4 in March from an upwardly revised 97.4 in February and is 12.8 percent above March 2011 when...

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The Housing Recovery Is Slow Going, but Things Are Improving

said on April 25th, 2012 filed under: Market Updates, Real Estate Information

John Hayes Folsom, CA Real Estate

There has been a flurry of media stories regarding the latest housing data that suggest the recent momentum in the housing market has stalled and the industry is heading toward another downturn. Although the latest monthly housing data showed modest declines, the less volatile quarterly data have continued to show modest improvement. Consequently, there is plenty of evidence for retaining a...

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March Starts: Housing Construction Pauses

said on April 22nd, 2012 filed under: Market Updates, Real Estate Information

John Hayes Folsom, CA Real Estate

Total housing starts fell almost 6 percent in March but the decline was due entirely to a 17 percent fall in apartment construction. In contrast, building permits, a prelude to future construction, were up 4.5 percent due entirely to a 21 percent rise in permits for apartment buildings. The diametric outcome is the result of uncommonly warm and dry weather...

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