September Home Sales Reports
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September Home Sale prices are now posted Online!
Warm Regards, Maggee Get the facts yourself! We now track fifteen towns in our price watch coverage:
Don’t see your town on the list? Email me at maggee@migginsrealestate.com and I’ll send you the latest information on your area. Click here to go to my site and view the latest sale prices. The more information you have, the more comfortable you will feel about making the best decision. For the most detailed appraisal of your home’s current value, please contact me for a free, no-obligation consultation. Proven track record. Fast execution.
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July Home Sale Report
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I personally love showing homes in August. Just when most agents are complaining there is nothing to sell I am searching the homes that are available and finding great deals for my clients. Interest rates continue to fall and so do prices. Did I mention, interest rates are really really low? There are still tremendous opportunities out there in housing if you know where to find them and we do. So give us a jingle before everyone comes back from their summer holiday and let us help you make a great deal. It’s what we do best. Warm Regards, Maggee Get the facts yourself! We now track fifteen towns in our price watch coverage:
Don’t see your town on the list? Email me at maggee@migginsrealestate.com and I’ll send you the latest information on your area. Click here to go to my site and view the latest sale prices. The more information you have, the more comfortable you will feel about making the best decision. For the most detailed appraisal of your home’s current value, please contact me for a free, no-obligation consultation. Proven track record. Fast execution.
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June 2010 Home Sale Report
Recap!!
The first 6 months of the year although challenging found our real estate market to be trending like pretty much like last year. We are noticing that homes seem to be sitting on the market longer and pricing is leveling off. We also see that of the towns we cover inventory is less than last year and sales are up. What I am finding though is that every real estate transaction seems more difficult with sellers thinking they are not getting enough money for their homes and buyers thinking they are paying too much. Once a price is agreed to then there is a whole other round of negotiations after a home inspection. Lots and lots of patience and cooler heads are needed to close the deal. I really feel that hiring an experienced agent is the most important thing that you can do.
There is good news! Interest rates which had been predicted to be up at least a point higher then where they are today are very attractive causing buyers to come out and purchase homes. If you are thinking about buying up what a great time to do that as well. Also it is a fabulous time to refinance if you have not been able to do so in the past. Should you need mortgage reps email me or call me for that info. I have a list of people that I recommend highly who work for really great banks, with really great rates.
As always it is my pleasure to provide you with the sales information. While we were switching around websites they somehow got lost but now you should be able to access them all . We have also added a few new fields for the number crunchers. I hope you enjoy the rest of the summer and as always please do not hesitate to reach out to me with any of your real estate needs. I look forward to hearing from you.
Warm Regards,
Maggee
To view the latest home sale figures, please click here.
February 2010 Home Sales Report
What can I say? My predictions are coming true! February shaped up to be just as great as January in terms of homes selling. We recently had a listing that sold in two weeks with competing offers. So we have buyers just waiting to purchase in specific locations around town. As I always say, now is a great time to be in Real Estate! It’s not too late to get in the game and take advantage of the tax rebate all the while getting the right price for your home.
Find out the home prices in your town by clicking here.
January 2010 Home Sales Report
Buyers are back and product is moving!
We at the Maggee Miggins Group listed 10 homes in January and already we have 5 homes under contract for the same time period. Apparently the lower interest rates brought the buyers out.
I will continue to hammer home the fact that the tax incentive credits will expire this year. So if you are thinking of listing your home or buying a home the house must be under contract by April 30th with a close of June 30. And by the way, I really recommend closing by the third week of June. I am sure there will be a mad rush for the end of the month and quite possibly you could get bumped as the mortgage brokers, title companies, attorneys, surveyors will all be overwhelmed.
Lastly thank you for all of your referrals this month. We cannot thank you enough for trusting your friends and families to our real estate group. We promise we won’t disappoint.
To view the latest home sale figures, please click here.
30-Year Rates Down For Third Consecutive Week
McLean, VA –Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.99 percent with an average 0.7 point for the week ending January 21, 2010, down from last week when it averaged 5.06 percent. Last year at this time, the 30-year FRM averaged 5.12 percent.
The 15-year FRM this week averaged 4.40 percent with an average 0.6 point, down from last week when it averaged 4.45 percent. A year ago at this time, the 15-year FRM averaged 4.80 percent. The 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 4.27 percent this week, with an average 0.6 point, down from last week when it averaged 4.32 percent. A year ago, the 5-year ARM averaged 5.24 percent.
The 1-year Treasury-indexed ARM averaged 4.32 percent this week with an average 0.6 point, down from last week when it averaged 4.39 percent. At this time last year, the 1-year ARM averaged 4.92 percent.
“Fixed mortgage rates followed bond yields lower for the third consecutive week, pushing 30-year mortgages below 5 percent once more,” said Frank Nothaft, Freddie Mac vice president and chief economist. “Similarly, ARM rates eased along with shorter-term rates, as the federal funds futures market indicates no increase in the Federal Reserve’s target rate following its upcoming committee meeting on January 26th and 27th.
“Because of reduced sample sizes and work disruptions that occur with severe weather, housing starts tend to be more volatile during winter months. And, indeed, housing starts declined 4.0 percent in December, falling short of the market consensus of no change. Building permits , which are less vulnerable to weather interruptions, unexpectedly jumped 10.9 percent.”
