ARCHIVED BLOG POSTS
2014
On November 26, 2014, The Federal Housing Finance Agency (FHFA) reported 389,000 mortgage refinances, and Home Affordable Refinance Program (HARP) had 44,136 refinancing completed in the 3rd quarter of 2014. HARP refinanced 11.0% mortgages, in excess of 25.0% of HARP refinances for borrowers had ...
11/30/2014
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On November 26, 2014, National Association of Realtors® (NAR) reported that nationwide pending contract signed home sales were lower 1.1% to an index of 104.1 in October of 2014 from an index of 105.3 in September of 2014, and increased 2.2% to an index of 101.9 from October of 2013. Pending hom...
11/30/2014
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On November 24, 2014 National Association of Realtors (NAR) reported commercial real estate will improve in 2015. National office vacancy rates expected to fell 0.5%, industrial space forecasted to drop 0.4%, while retail space expected to decline 0.2% in 2015. Office vacancy rate expected to be ...
11/29/2014
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On November 25, 2014, California Association of Realtors (C.A.R) reported that non-distressed property sales were 91.9% of all sales in September of 2014 higher from 90.9% in September of 2014, and increased from 85.5% in October of 2013. While, there were 3.8 months supplies of available invento...
11/28/2014
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On November 20, 2014, National Association of Realtors® (NAR) reported that nationwide existing home sales were higher 1.5% in October of 2014 from September 2014, and increased 2.5% from October of 2013. There were 5.1 months supplies of available inventory homes in October of 2014, dropped 2.6...
11/27/2014
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HAPPY THANKSGIVING DAY Thanksgiving is an annual event we celebrate on the fourth Thursday every year with family and friends. We prepare turkey, baked potatoes, gravy, pumpkin pie, and other delicious foods. I want to share some Thanksgiving quotes: As we express our gratitude, we must n...
11/27/2014
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On November 18, 2014, National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released latest data shows demands for new homes increased four points to 58 points for November 2014, based on sales conditions, expectations, and buyers‘ demands for new homes. Index for current ...
11/26/2014
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On November 24, 2014, National Association of Realtors (NAR) reported that regional existing home sales in the Northeast were higher 2.9% in October of 2014 from September of 2014, and increased 4.4% from October of 2013. The median price in the Northeast was $246,900, gained 4.8% from October of...
11/25/2014
On November 18, 2014, California Association of Realtors (C.A.R) reported that homes values decreased 2.2% from price of $208,080 in October 2014 from September of 2014 price of $212,790, but jumped 8.8% from October of 2013 price of $191,330; while, homes sales were higher 6.8% in October of 201...
11/24/2014
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On November 18, 2014, California Association of Realtors (C.A.R) reported that homes values were lower 1.7% from price of $477,600 in October 2014 from September of 2014 price of $486,030, but increased 6.8% from October of 2013 price of $447,130; while, homes sales jumped 17.0% in October of 201...
11/24/2014
