Posted May 4, 2012 by Rogers Healy
Mortgage Rates at New Record Lows
Mortgage rates are continuing to hit record lows according to Freddie Mac and Bankrate.com.
Rates on the 30-year fixed-rate mortgage averaged 3.84% this week, down from 4.71% a year ago, according to the most recent Freddie Mac survey of conforming rates. Mortgage rates also hit lows in Bankrate.com's weekly survey.
Now is a great time to buy a home!
If you are in the market or on the fence about buying a new home, contact Rogers Healy.
214.207.9580
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Posted March 16, 2012 by Rogers Healy
Number of houses for sale at a 10-year low in North Texas
The overall number of pre-owned houses for sale in North Texas is a the lowest level in more than a decade. Inventory is way down and even homes that have been on the market for over 200 days are getting more showings. For this reason there are fewer bargain buys on the market. Many neighborhoods have less than a four-month supply of single-family homes listed for sale with agents. Nationally, the supply is 6.1 months. Even in the Park Cities, where high prices usually mean longer sales times, there's only about a five-month supply of houses for sale.
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Posted January 23, 2012 by Jessie Morrell
A confident outlook for 2012
Once you've hit bottom, the only way to go is UP! According to market analysts and Pete Flint, CEO of Trulia.com, the housing market has finally reached the bottom and is expected to bounce along the bottom for the next year into early 2013. What does this mean for you? Well, many people are waiting to buy their home until the market gets better, but the truth is, NOW is a great time to buy if you are looking to live in your house over a long period of time.
