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You are here: Home / Archives for heitland

heitland

September Strong Month for Real Estate

October 14, 2011 By techsuperadmin

  The inventory of available Flagstaff homes for sale plunged over 10% from the first of September to the first of October. It’s not uncommon for listing counts to drop after Labor Day. In Flagstaff, with numbers of homes for sale already low, buyers in the lower price ranges are facing sellers’ market conditions just as they are trying to lock in record low interest rates by buying now. These numbers are for single-family homes. (I’ll take a look at the Flagstaff townhome and … [Read more...] about September Strong Month for Real Estate

Filed Under: Business Tagged With: Distressed, heitland, home, immed, low interest rates, market tomorrow, median sales price, month, October, sale

Refinancing While Under Water

September 6, 2011 By techsuperadmin

  In many cases, you can lower your interest rate even if you owe more on your home than it's worth. As low as they may be, I still don't think jumping into an adjustable rate mortgage makes sense. But, getting a six-percent rate or even a high-five-percent rate down into the four percent range DOES make sense. Don't let the fact that your home is "underwater" hold you back from exploring the possibility.   Do your calculations carefully. No doubt you will be adding … [Read more...] about Refinancing While Under Water

Filed Under: Business Tagged With: adjustable rate loan, adjustable rate mortgage, Fannie, fannie mae, freddie mac, heitland, home, mortgage, percent, range

Buyers Signing Contracts but Closings are Few

August 2, 2011 By techsuperadmin

Lots of info packed into last week's video from National Association of Realtors Chief Economist Lawrence Yun. He covers the continued uptick of pending home sales in June and the dissappointing closing results following a similar uptick in May. Yun also covers the impact the gridlock in Washington has had on the economy and real estate markets and the threat of rising interest rates caused by the debt-ceiling impasse. Even though it looks tonight like that impasse is resolved, interest rates … [Read more...] about Buyers Signing Contracts but Closings are Few

Filed Under: Business Tagged With: Association, chief economist, debt ceiling, economy, heitland, home, impasse, National, national association of realtors, rising interest rates

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