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Monthly Archives: September 2011

Determining A Home’s Value

Again and again, you hear about mortgage rates hitting historic lows; now you’re thinking it’s time to refinance. But one hitch may hold some homeowners back: declining property values. “Homes have lost equity,” said Kathleen Bowen-Ha, the owner-broker and an appraiser for Global Keepers in Dobbs Ferry, N.Y. Millions of homeowners nationwide have either no Read More

Realtors Expect 1% Rise in California Home Sales

Home sales in California, the most populous U.S. state, are likely to rise 1 percent in 2012 after being “essentially flat” this year, the California Association of Realtors forecast today. Sales of existing homes are expected to rise to 496,200 units from a projected 491,100 in 2011 and 491,500 last year, the Los Angeles-based group Read More

Six Mistakes Housing Investors Make

Traditional investments are delivering low returns, and home prices are at bargain levels. Is it time to consider buying some rental housing? Investing in real estate right now can be surprisingly profitable, if everything goes well. Rents are climbing in many areas, and more properties may be coming on the market. Last month, the Obama Read More

Mortgage Rates Hit Record Lows In Freddie Mac Survey

Mortgage rates have plunged to all-time lows amid concerns the economy is stalling again, Freddie Mac said in its weekly survey. Lenders were offering the 30-year fixed-rate home loan at an average rate of 4.12% this week, down from 4.22% last week, Freddie Mac said Thursday. The 15-year fixed loan was at 3.33%, down from Read More