Monthly Archives: May 2014

228 Lonsdale * For Sale*

Wonderful 4 or 5 bedrooms on one of the most sought after blocks in Oakwood. The exterior is lovely with all redone concrete Stucco. The windows are all new. The roof is newer as well as all the mechanicals. New stainless steel appliances in the extra-large eat-in Kitchen. All original...
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3524 QueenVictoria * For Sale*

Lovely 2 story move in ready 4 bed, 2.5 bath home in the sought after Royale Pointe subdivision. This lovely home has almost every upgrade a buyer could want. The home features a 2 story entry, 9 ft. ceilings. There is a great open concept floor plan, with the eat...
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3 Tips for Selling a Small Kitchen

Many buyers are in search of great kitchen space. But the kitchen can be one of the trickiest rooms to stage, especially when the space is small. If your seller’s house is lacking in kitchen space, it’s important to make it look as appealing as possible, says Megan Morris, founder of...
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Rising FHA Costs Sideline Potential Buyers

The Federal Housing Administration’s rise in mortgage insurance fees prevented an estimated 375,000 purchases in 2013, according to data from the National Association of REALTORS®. FHA has more than doubled its mortgage insurance fees since 2010, adding up to about $340 a month to some buyers’ payments compared to $125....
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More Home Buyers Bring Cash to Closing

All-cash purchases are on the rise, despite a decrease in distressed sales and investor activity, according to NAR’s REALTORS® Confidence Index of about 3,000 survey respondents. All-cash sales made up 33 percent of transactions in the first quarter, compared to 31 percent in 2013. “Distressed home sales, most popular with investors who...
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30-Year Mortgage Rate Reaches New Low for the Year

The 30-year fixed-rate mortgage averaged 4.21 percent this week, the lowest since November 2013, Freddie Mac reports in its weekly mortgage market survey. “Mortgage rates continued moving down following the decline in 10-year Treasury yields after a dismal report on real GDP growth in the first quarter,” says Frank Nothaft, Freddie Mac’s...
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The Country Eyeing U.S. Real Estate the Most

Canadians are on the search for U.S. real estate. Canada was the top country whose residents searched for U.S. cities on realtor.com® in 2013. National Association of REALTORS®’ economists created a country search index on realtor.com® to cull traffic data from various countries. The index reveals that the following countries...
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Luxury Home Sales Soar Above Historical Average

Affluent buyers are feeling bullish about housing, as luxury home sales skyrocket, Bloomberg reports. Million-dollar homes in the U.S. are selling at double their historical average, according to data released by the National Association of REALTORS®. Sales of homes that cost $1 million or more increased 7.8 percent in March...
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