Residential Lending Update
In the April 2015 iteration of the Senior Loan Officer Opinion Survey (SLOOS), the Federal Reserve Board included a special question on residential real estate lending. That special question asked banks about how they had responded to new guidelines issued by the GSEs on November 20, 2014, on the definition of life-of-loan representation and warranty […]
New Home Construction Explodes in 2015
After a harsh winter in most of the country, housing starts jumped 20% nationally in April. The 20% hop itself was the biggest jump since February of 1991. A recent Commerce Department Report shows housing starts landed at 1.14 million annualized rates, up from a 944,000 pace in March, the highest it been in 7 […]
5 Signs That it is Time to Sell Your Home
Thoughts of putting your home on the market and moving up, down, or out of dodge all together have probably crossed your mind over the years. Choosing to sell is a big decision, a decision that requires careful consideration to a variety of factors, both lifestyle and financial. To help you think through your decision, […]
Major Factors That Have Home Prices On The Rise
With housing on a steady path to recovery, home prices have risen approximately 20 percent in the last three years according to the Federal Housing Finance Agency (FHFA) and Standards & Poor’s (S&P) Case-Shiller house price indices. Both consumers and industry professional expect that upward trajectory to continue this year. The anticipated increase is the […]
Questions Buyers Should Ask Before Hiring a Broker
What should buyers search for in a real estate professional to ensure success? Buyers benefit from specific real estate information, tailored processes, and customized service delivery related to their individual needs and goals, strengths and weaknesses. Generalizations can be misleading since each real estate property, each buyer, and the resulting transaction are unique, and, therefore, […]
Millennials Impact the Real Estate Market in a Big Way
Opinions on where real estate prices are headed from here might be mixed, but one thing is becoming increasing clear: Millennials will be a big part of it. According to a recent survey from the National Association of Realtors (NAR), the so-called millennial generation comprised the biggest segment of home buyers last year. The survey […]
8 Misconceptions of Home Buyers and Sellers
Most home buyers and sellers start the process filled with questions. Though it may seem like a tall task, educate yourselves about the ins and outs of the process and find the right agent to assist you with your goals. Below your will learn about some of the common misconceptions about buying and selling homes. […]
The Empty Nest is Reality for Millions of Baby Boomers Every Year
The Empty nest, that tranquil, far-off place harried parents dream about. An idyllic state where the kids are grown and on their own, couples reacquaint and long-deferred leisure fills hours once claimed by domestic obligation. Whether reality fulfills those dreamy expectations, the empty nest is a new reality for millions of Baby Boomers every year. […]
April Showers Bring May Flowers
The saying is true, at least here in the south. April showers do bring May flowers and the best month for planting. If you are thinking about adding some new plants to your landscape, here are a few important tips from Dan Nortman of the Virginia Cooperative Extension Horticulture Agent in Yorktown, PA. A well-organized […]
Carolinas Connect Realty Grand Opening Event
The Carolinas Connect Realty team welcomed local businesses, chamber members, friends, family and clients on Thursday April 30th for a celebration at our new office at 1427 N. Howe Street in Southport, NC. Strong community support brought close to a hundred people through the doors to meet the team and strategize for the upswing in the […]