Freddie Mac Report Reveals Improving Housing Markets

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Freddie Mac has released the findings of its monthly Multi-Indicator Market Index (MiMi) today which highlights the stability of the housing market from a national, state, and metro perspective. The results of March’s MiMi findings points to a more stable housing market.

MiMi considers a wide range of variables when gathering data. These variables include payment-to-income ratios, local employment, home purchase applications, and the proportion of current mortgage payments.

This excerpt taken from the “Nawrb News Room” to read more CLICK HERE

Affordability Shmaffordability – Why You Should Just Buy The Home You Want

We’re told to be practical with our real estate purchases. Be cautious. Be smart. But what if the smartest move is the one that puts you in the home you want, not the one you’ll settle for because it’s a safer bet financially?

Will you work harder to protect your investment? Cut back in other areas to be able to afford it? When it comes to goal setting, doesn’t a dream home represent the ultimate prize?

To Read More
<a href="http:// http://realtytimes.com/consumeradvice/buyersadvice1/item/35729-20150618-affordability-shmaffordability-why-you-should-just-buy-the-home-you-want“>http:// http://realtytimes.com/consumeradvice/buyersadvice1/item/35729-20150618-affordability-shmaffordability-why-you-should-just-buy-the-home-you-want

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7 Things You Should Paint Instead of Replace to Save Money

You know a fresh coat of paint can give any room a quick and inexpensive facelift. But did you know that a little paint can also perk up carpets, appliances, and even vinyl floors?

Basically, if it doesn’t move, you can paint it. But only after you’ve paid special attention to prep — cleaning, patching, and sanding…

This exerpt from houselogic. To read more visit this link:   http://www.houselogic.com/home-advice/painting/painting-ideas-to-save-money/

Existing-home sales spike in March to their highest annual rate in 18 months

Existing-home sales jumped in March to their highest annual rate in 18 months, while unsold inventory showed needed improvement, according to the National Association of Realtors®. Led by the Midwest, all major regions experienced strong sales gains in March and are above their year-over-year sales pace.

Total existing-home sales1, which are completed transactions that include single-family homes, town homes, condominiums and co-ops, increased 6.1 percent to a seasonally adjusted annual rate of 5.19 million in March from 4.89 million in February—the highest annual rate since September 2013 (also 5.19 million). Sales have increased year-over-year for six consecutive months and are now 10.4 percent above a year ago, the highest annual increase since August 2013 (10.7 percent). March’s sales increase was the largest monthly increase since December 2010 (6.2 percent).

This article from the National Association of Realtors®

To read more click here

Stacy  Schnell

Realtor Associate

Direct: 856-364-0772

StacyLSchnell@gmail.com

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