Come celebrate the launch of David Laggini's new book:
Black Belt Landlording:
The Art of Successful Relationships.
Thursday July 22 6-8 pm.
The Eagles Club
350 Woodside Lane
Bridgewater
Off of Rt. 28
www.budurl.com/bblinvite
Food and Drink and Fun!
July 12th, 2010 The Housing Market Update Jacob Dean Mortgage
July 12th, 2010
The Housing Market Update
Jacob Dean Mortgage
Click for full article
Why are so many people listing their houses now?Once the tax credit expired (new contracts had to signed by April 30th) everyone expected that listings would go down. But they haven't...they have gone up. With all of the negative media attention on housing it would be easy to consider that it is because the sellers are distressed in some way. Maybe they lost their job or they are trying to sell the home before it goes into foreclosure.
Mortgage Rates Drop to Record Low:30 year fixed mortgage rates dropped to their lowest levels in 39 years according to a new survey released by Freddie Mac, the second largest mortgage finance company.
It's a great time to refi! Call now to find out more!
Sellers Stand Firm On Listing Prices:A new study by Trulia.com showed that sellers lowered their asking price at least once on 22 percent of homes listed for sale as of June 1st. This means that 88% of sellers did not lower their asking price from listing to sale.
May 24, 2010 The Housing Market UpdateJacob Dean MortgageClick for full article
Home Prices to Rise in 2010:According to a recent poll by Reuters, U.S. house prices will manage a small gain in 2010. Home sales and prices may retreat slightly in the near-term after government tax credits to homebuyers end. But that trend will be countered by historically low mortgage rates and the fact that housing affordability is now near the best it has ever been. This is likely to put prices back on a slow path upward.Three-quarters of the economists that were polled said it was possible for the average home price to return to where they were in 2006 - before the crash. That would require a rise of more than 40 percent and will still take a long time. Home prices as measured by the Case-Shiller 20 city index should rise 1.4% this year and 3% next year according to the economists' median forecast.
Hey Guys,
Amara is always full of great ideas on how to organize your life! And, her services are awesome - something that we all dream of!
Cheryl
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