by Best Flagstaff Homes Realty | Jan 27, 2015 | Home Seller Advice, National Market News
As has been the case for some months the latest report from S&P/Case Shiller shows a continued slowing of home price increases. November results for both the 10-City and 20-City Composite Indices were lower on a year-over-year basis than in October. The National... by Best Flagstaff Homes Realty | Jan 25, 2015 | National Market News
Earlier this month, the President announced that the FHA will reduce its annual premium by 0.5%, or from 1.35% to 0.85%, for a borrower using a 30-year fixed rate mortgage with a 3.5% down payment. In historical context, that reduces the annual mortgage insurance... by Best Flagstaff Homes Realty | Jan 23, 2015 | National Market News, Real Estate News
Despite a strong second half of the year, Existing Home Sales, as compiled by the National Association of Realtors,® were down 3.1% from 2013-2014. The volume drop can be attributed to low inventory and sharply higher prices — the median home sale price rose... by Best Flagstaff Homes Realty | Jan 22, 2015 | Home Maintenance, Home Seller Advice, National Market News
If you plan to sell your Flagstaff home this year, my recommendation remains: Don’t spend any money on home improvements until you consult with your Realtor.® If you have a limited budget (as everyone does), you want to make sure your money is spent where it will have... by Best Flagstaff Homes Realty | Jan 14, 2015 | National Market News
Mortgage rates are most closely correlated with the 10-year U.S. Treasury bond rate. Most experts have predicted mortgage rates and Treasuries would go up in the 2d half of 2015. Now they are beginning to rethink that in light of disturbing economic trends. This is a... by Best Flagstaff Homes Realty | Jan 14, 2015 | National Market News
In what could mean good news for home sellers, mortgage applications soared in the first full week of the year as consumers raced to lock in mortgage rates that have hit their lowest level in almost 20 months. However, the increase was largely driven by a 66% increase...