|
|
Browse by Tags
All Tags » Community Infor... » Finances (RSS)
-
The U.S. Commerce Department reports that New Home Sales for the month
of July increased 9.6% nationwide, the largest increase since February
2005. This marks the 5th increase in the past 7 months. New Home
inventory dropped to it's lowest level in 16 years. The median price
for a new home was $210,100 in July compared to $237,300 last ...
-
According to the National Association of Realtors, existing home sales were up 3.8% in the second quarter. Thirty nine states experienced increases over the first quarter of this year. Foreclosures and short sales accounted for 36% of transactions in the 2nd Quarter. First time home buyers, taking advantage of lower prices and a First Time ...
-
Shaun Donovan, secretary of the U.S.
Department of Housing and Urban Development, on Tuesday said that the
Federal Housing Administration is going to permit its lenders to allow
home buyers to use the $8,000 tax credit as a down payment.
Previously, most buyers wouldn't receive
the funds until after they filed their tax return, and ...
-
As part of the 2008 Economic Stimulus Package, HUD recently announced that they will be temporarily raising loan limits which will allow more people to qualify to finance their home with an FHA loan. The new act will permit FHA to insure loans on amounts up to 125% of the area median house price. The new loan limits are already in effect and last ...
-
Here is an interesting article about Real Etate Markets and values in the US. This article from Forbes Magazine gives good insight as to why Charlotte's Real Estate market has remained strong despite downturns in the rest of the country.
Check out the entire article below and feel free to contact us if you have any questions about moving or ...
-
Recently, the Office of Federal Housing Enterprise Oversight(OFHEO) released their annual review of the nationwide housing market. Nationwide, prices for the Fourth Quarter of 2006 were 5.9% higher than the same period in 2005.
According to this study by the OFHEO, the Charlotte area overall saw a 9.09% increase. NC and SC saw an average ...
-
Not only has Charlotte experienced a rapid residential housing boom over the past few years, we are also seeing growth in office and retail space as well. In the past few years the uptown Charlotte area has been dominated by residential condo project announcements such as 210 Trade and The Vue, with little heard in the way ...
-
Donald Trump may be expanding his real estate empire to Charlotte in the near future. His company is in the process of trying to acquire an entire city block in uptown Charlotte on Tryon Street. Below is a link to the article in the Charlotte Observor.
Trump to Charlotte
|
|
|