Blog Archives
Prices Are Trending Back Up!
- Oct
- 11
- Posted by Lake Norman Homes Realty
- Posted in Home Buyers Blog
- 0
Every major price index points to a housing market that has hit bottom and is moving in a positive direction. After 30 months of declining values, home prices appear to be stable or appreciating in nearly every U.S. market. In August of 2010, the median home price was $182,600, amounting to an 11 percent increase over the low that was reached in February of 2010 at $164,000. (more…)
read moreMortgage Rates Are At Rock Bottom And Won’t Stay There!
- Oct
- 11
- Posted by Lake Norman Homes Realty
- Posted in Home Buyers Blog
- 0
Homes Have Never Been More Affordable!
- Oct
- 11
- Posted by Lake Norman Homes Realty
- Posted in Home Buyers Blog
- 0
7 Reasons Why Now Is The Prime Time To Buy!
- Oct
- 11
- Posted by Lake Norman Homes Realty
- Posted in Home Buyers Blog
- 4
1. Home affordability is at an all-time high
The median mortgage payment on the median priced home as a percentage of the median household income is lower than it’s been in a generation.
2. Mortgage rates are at rock bottom
It’s hard to imagine interest rates going much lower, and when they start to inch back upwards, monthly payments and total loan costs will spike upwards. (more…)
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- Fixed Mortgage Rates Near Seven-Month Low | Lak... on Fixed Mortgage Rates Near Seven-Month Low
- luxuryhomechicago.com on Lake Norman Foreclosure Real Estate Market Update December 2011
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