Posted June 4, 2012 by Rogers Healy

Highest Monthly Increase in Home Values Since 2006

Zillow issued a release Friday reporting that both national home values and rents rose in the month of April.

According to the April Zillow Real Estate Market Reports, national home values rose 0.7 percent in April to a Zillow Home Value Index of $147,300.  This is the largest monthly increase in home values since January 2006, and it makes April the Second month in a row in which home values climbed up.

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Posted May 14, 2012 by Rogers Healy

Home Prices Rise in Half of U.S.

Prices for single-family homes climbed in half of U.S. cities in the first quarter as real estate markets stabilized.

The median sales price increased from a year ago in 74 of 146 metropolitan areas measured, the National Association of Realtors said in a report today.  In the fourth quarter, only 29 areas had gains.

There are broad shortages of homes in much of the country.  This is good news for sellers who wish to list now, or for those waiting for prices to improve.

 

If you're thinking about listing your home, now is a great time!

 

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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

Rogers@RogersHealy.com

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Posted April 25, 2012 by Rogers Healy

Numbers point to a solid winter rebound in the housing market

Government figures for the previous two months were revised and the numbers are much higher than previously figured.  This points to a solid winter rebound in the housing market.

Helped by low prices, record low mortgage rates and an increase in hiring that has lowered the unemployment rate, the battered housing market has been showing signs of recovery so far this year.

It is now cheaper to buy a home than rent in much of the country.

 

If you are in the market to buy, rent or sell, contact Rogers Healy.

 

214.207.9580

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Posted April 11, 2012 by Rogers Healy

Tips for winning an apartment in a landlord's market

Apartment vacancy rates are expected to fall below 5% this year, crossing a benchmark into what is often considered a "landlord's market," said Brad Doremus, senior analyst for Reis, a commercial real-estate research company. Nationally, the apartment vacancy rate is expected to fall to 4.6%  by the end of the year.

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Posted April 10, 2012 by Rogers Healy

A great start to the home selling season

The first quarter of 2012 has brought a surge in home sales!

Pre-owned home sales were up 16 percent in the first quarter of 2012 compared to the same quarter last year.  Median home resale values were also up a solid 5 percent for the quarter with March alone boasting an 11 percent increase from a year ago.

 

This is great news for the housing market because March is the first real month of the selling season. Don't be surprised to see numbers as strong as these for the second quarter as well!

 

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Posted April 6, 2012 by Rogers Healy

Home prices stagnate but rents keep rising

Renting used to be cheaper than buying but in many areas that's no longer the case.  Rents continue to to rise and home prices are staying relatively stagnate.

 

Asking prices for homes shrank 0.7% over the past year while rents rose 5%, according to a report released Thursday by real estate listing site Trulia.  The average rent for all types of rental homes rose to $1,350 per month in March from $1,285 a year earlier.

 

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Posted April 3, 2012 by Rogers Healy

America's Healthiest Housing Markets Fueled by Oil

Dallas, Midland, Tulsa, Billings, Oklahoma City, and Corpus Christi are all booming with new oil production, all made HomeValueForecast.com's top ten list of March markets, and all missed the housing boom and bust. Coincidence?

 

America's pain at the pump is creating low unemployment rates and higher property values in oil centers. New fractioning techniques are making shale oil formations like the Eagle Ford Shale in Texas more accessible.

 

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