Market Updates

Sept. 13, 2019

Weekly Update: new listings, reduced, contracts and sales

Zillow, Homes, Amazon, Nextdoor, Trulia and Realtor’s MLS

NEW Listings 500  CLICK HERE   REDUCED 400 Homes CLICK HERE

CONTRACTS 500 CLICK HERE     SOLD 300 CLICK HERE

Tim Sharp 865-705-2062 “listing agent and buyer’s specialist Realtor” , Would you like me to copy you in on the VIP Price Reduction ...

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Posted in Market Updates
Sept. 1, 2019

Will home prices and sales plummet in a recession?

As Recession Fears Rise, Here's the Lowdown for Real Estate

 | Aug 26, 2019

It seems that whenever you pick up a newspaper or turn on the news these days, a scary word hits you in the ...

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Posted in Market Updates
Aug. 18, 2019

Cheap mortgage rates are improving home affordability

LENDINGREAL ESTATE

Cheap mortgage rates are improving home affordability

Affordability jumped 10% in June from a year earlier as financing costs fell

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Posted in Market Updates
Aug. 16, 2019

New properties, Price changes, Under contract, Sold properties

New properties, Price changes, Under contract, Sold properties in our database.

New Active Listings:  Market today - 44 new properties   Price Changes:  Market today - 31 price changes 

Under Contract Listings: Market today - 31 new under contract properties   Sold Listings:  Market today ...

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Posted in Market Updates
Aug. 15, 2019

Mortgage Rates Remain Near Historical Lows

August 15, 2019 10:00 AM EDT
Mortgage Rates Remain Near Historical Lows

MCLEAN, Va., Aug. 15, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) rate averaged 3 ...

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Posted in Market Updates
Aug. 14, 2019

KNOW YOUR MORTGAGE TERMS

APR

The annual percentage rate (APR) reflects the cost of all credit and finances over a year term, including the interest rate, points, broker fees and other credit charges obligated to the buyer. The APR tends to be higher than a loan’s interest rate.

CD

A Closing Disclosure (CD) is ...

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Posted in Market Updates
Aug. 14, 2019

The Federal Housing Administration has finally issued a long-awaited update to its condominium rules, announcing Wednesday that it will now allow individual unit approval and is taking other steps to

LENDINGREAL ESTATE

FHA to make financing easier for condo owners

Announces long-awaited changes to eligibility requirements that include individual unit approval

 Jessica Guerin

The Federal Housing Administration has finally issued a long-awaited update to its ...

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Posted in Market Updates
Aug. 8, 2019

Mortgage Rates Drop Significantly

August 8, 2019 10:00 AM EDT
Mortgage Rates Drop Significantly

MCLEAN, Va., Aug. 08, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) rate averaged 3.60 percent ...

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Posted in Market Updates
July 25, 2019

VA loans are guaranteed by the U.S. Department of Veterans Affairs

VA loans are guaranteed by the U.S. Department of Veterans Affairs and are designed to offer long-term financing to eligible active-duty military, veterans, and eligible surviving spouses.

VA Loan Requirements

Credit scores as low as 580 may be accepted

Credit scores as low as 600 may be accepted for ...

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Posted in Market Updates
July 25, 2019

Mortgage Rates Near Three-Year Lows

July 25, 2019 10:00 AM EDT
Mortgage Rates Near Three-Year Lows

MCLEAN, Va., July 25, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Surveyâ (PMMSâ), showing that mortgage rates dropped across the board after rising slightly ...

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Posted in Market Updates