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February 3, 2012

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Today's Headlines



While homeowners fix up their properties, millions of baby boomers (40.7 million people ages 50-59 in the U.S.) prepare to retire and many are predicted to enter the vacation and rental property markets, which would fuel the demand for these types of properties for the next several years. FULL STORY->

Today's buyers are facing quite a diverse housing market. There are great deals for buyers and investors alike. Home prices are at all-time lows and interest rates are creating some enticing conditions. There are many deals to be had, but how does a buyer know when it's really safe to buy? FULL STORY->

In Freddie Mac's results of its Primary Mortgage Market Survey®, the average mortgage rates dropped to new all-time record lows as data on economic growth fell short of market projections. All products in the PMMS survey, except the 1-Year ARM, averaged new lows. FULL STORY->

Has your market weakened in the aftermath of the 2009 recession? If so, you’re not alone. Many agents are facing the need to expand their business in the coming year. What can you do to ensure your business survives even when times are lean? FULL STORY->

At first glance your closets may seem like insignificant or unassuming rooms in your home. The truth is, however, that closets can be real selling features. Homes must have storage. From clothes to food to cleaning supplies, closets are the heart of every clean house. FULL STORY->

A certain whistle-while-you-work sanguineness comes with the territory in the real estate sales business, but many of California's real estate professionals are having a tough time keeping a song in their hearts about housing. FULL STORY->


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Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.24%
1 Year Adj: 2.74%
(U.S. Weekly Averages)

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