Mortgage News

Fast-rising home prices are driving buyers out of the Charlotte market

As a result, home prices are up 8.4% over this time last year with the average selling price for a home in Charlotte now standing at $276,700; well beyond the previous peak in 2008. According to the rental site Zumper, rent for a 2 bedroom unit increased 8.8% year-over-year for the same time period.

APRA ‘game-changer’ to boost prices APRA ‘game-changer’ to boost prices: apra’s plan to ease mortgage serviceability rules would give buyers an extra $50,000 to spend and might bring forward the end of the downturn in Sydney.Strandview Capital makes second investment in InSellerate – CUInsight Intrinsic Investing is a publication of Ensemble Capital Management, LLC. Ensemble Capital is a registered investment advisor located in Burlingame, CA, midway between San Francisco and Silicon Valley. The firm currently manages approximately 5 million on behalf of private clients, charitable institutions, and a publically traded mutual fund.

Homes that are in market condition with no glaring location weakness (busy road, power line) are selling quickly. In our market that means inside of 45 days. Homes priced from $400,000 to $750,000 are seeing a balanced market. Prices are appreciating at normal rates and the inventory rates are consistent with demand. Days on the market in this price point are typically 45 to 90 days.

Pam Bondi, lawmakers haggle over millions in foreclosure cash Pam Bondi – FL AG As a part of the $25 billion national mortgage foreclosure settlement with the Big Banks, Florida is getting about $300 Million to keep homeowners out of foreclosure. That part of the cash HAS to be spent on foreclosure prevention programs .

All in all, Realtor.com predicts 2018 will bring about a 3.2 percent jump in home prices. We should also see a 2.5 percent uptick in existing home sales, a 3 percent rise in housing starts and a.

5 potential pitfalls for Republican tax overhaul effort Here are five areas where Republicans could find themselves at odds with members of their own party and powerful outside groups as they try to rewrite the tax code for the first time since 1986.

Housing Sales slumped 8.5% from one year ago, the lowest sales since 2015. Prices still rose another 2.8% to a median of $247,500 nationwide. The real story was the drop in lower priced homes as depicted in this graphic from NAR. With low mortgage rates, it’s believed sales will once again grow. 60,000 more homes were on the market.

Summary: Charlotte home prices have appreciated over the last year, at a time when prices were still declining in many metro areas. This and other factors lead us to believe that the Charlotte real estate market could be one of the more stable markets through 2012 and 2013.

Port Charlotte’s home resale inventories is 3,600, which increased 0 percent since September 2017. The median list price per square foot in Port Charlotte is $134. September 2017 was $132. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in October.

That’s where virtual staging comes in. Research the web and you’ll find a gamut of virtual staging software that will transform photos of your home to minimally designed, professionally staged masterpieces, proven to increase interest from buyers.

Home prices increased for the 48th month in a row in July, according to a new report from Zillow. The price of a U.S. home rose 5.1 percent year over year to $187,300, according to the latest.

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