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Monthly Archives: April 2011
Pending Home Sales Rise Again in March
March saw another increase in pending home sales, with contract activity rising unevenly in six of the past nine months, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose … Continue reading
Posted in Economy, Real Estate
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What Buyers and Sellers Have in Common
Emotional Stake Both buyers and sellers have an emotional stake in their property. Sellers are having a hard time parting themselves from the memories their home holds, while buyers can get attached to a property quickly. Just one aspect of … Continue reading
Posted in Local, Real Estate
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Existing-Home Sales Rise in March
Sales of existing-home sales rose in March, continuing an uneven recovery that began after sales bottomed last July, according to the National Association of Realtors®. Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 3.7 … Continue reading
Posted in Economy, Interesting, Real Estate
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April 18th Moorings
Hello and welcome to this week’s edition of Moorings. First let’s take a look at rates and see where the market is at. For a thirty year fixed conventional loan a borrower should expect to obtain an interest rate of … Continue reading
Posted in Moorings
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April 11th Moorings
Hello and welcome to this week’s edition of Moorings. To say it has been a tumultuous past week in both the mortgage world and the political world would be an understatement. Between a possible government shutdown and the Dodd Frank … Continue reading
Posted in Moorings
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