Why Are Mortgage Interest Rates Increasing?

Bruce Goode Real Estate Leave a Comment

According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed rate mortgage interest rate jumped up to 3.94% last week. Interest rates had been hovering around 3.5% since June, and many are wondering why there has been such a significant increase so quickly.  Why did rates go up? Whenever there is a presidential election, there is uncertainty in …

Winter Is Coming… 5 Reasons to Sell Now!

Bruce Goode Real Estate Leave a Comment

People across the country are beginning to think about what their life will look like next year. It happens every fall; we ponder whether we should relocate to a different part of the country to find better year-round weather, or perhaps move across the state for better job opportunities. Homeowners in this situation must consider whether they should sell their …

Home Sales Expected to Increase Nicely in 2017

Bruce Goode Real Estate Leave a Comment

The National Association of Realtors, The Mortgage Bankers’ Association, Freddie Mac and Fannie Maeare all projecting that home sales will increase in 2017. Here is a chart showing what each entity is projecting in sales for this year and the next. As we can see, each is projecting sizable increases in home sales next year. If you have considered selling …

Homes across the country are selling fast!

Bruce Goode Real Estate Leave a Comment

Some Highlights: The National Association of REALTORS® surveyed their members for the release of their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. Homes sold in 60 days or …

4 Reasons to Buy This Fall

Bruce Goode Real Estate Leave a Comment

It’s that time of year; the seasons are changing and with them come thoughts of the upcoming holidays, family get-togethers, and planning for a new year. Those who are on the fence about whether or not now is the right time to buy don’t have to look much further to find four great reasons to consider buying a home now, …

I cancelled a listing today!

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I hate to cancel listings and seldom do. But, sometimes there is are no other solutions. The house that I had listed should (and would) have sold months ago – except that it had a tenant who didn’t want to move. Instead of paying the market rate of $750- $800 per month they were paying a discounted rate of only $500. …

Holiday Shipping Schedule from UPS

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With a limited number of shipping days throughout the holiday season, ensure your packages reach their destination on time with the key holiday shipping deadlines from UPS. The UPS holiday schedule can help you plan ahead to make sure your deadlines are met, gifts arrive on time, and your business meets its goals. Be sure to keep this schedule handy …

Buying a Home Can Be Scary

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Some Highlights: 36% of Americans think they need a 20% down payment to buy a home. 44% of Millennials who purchased a home this year have put down less than 10%. 71.8% of loan applications were approved last month. The average credit score of approved loans was 731 in September.