Again, mortgage rates are down! Houswire reports that on a 30 year fixed-rate mortgage hit 3.37% down from 3.39% the previous week and down from 4.11% last year. Clearly, a great time to buy and cash in on the value of a purchasing a home. For complete article click http://www.housingwire.com/news/mortgage-rates-hover-near-record-lows-home-construction-picks

There has been a lot of media coverage about Shadow Inventory and the impact on property values now and in the near future.  Shadow Inventory comprises of properties that are distressed and seriously deliquent but not currently on the market.  While there is still a significant number of homes in this category, the number has […]

PRNewswire has listed the top US cities for Bike Scores.  And it is no surprise that Portland was second in the country, losing only to Minneapolis.  Do they have snow tires for bikes?  A Bike Scores is a measurement of the “bike ability” of a city.  Criteria includes not only the number of people who […]

http://goo.gl/EHdTN The National Association of Realtors has compiled data which suggests that by the last quarter of 2012, home prices will increase by 7% to 10%.  Supporting this claim is the fact that median home prices in the existing single family home markets rose in half of the metropolitan areas tracked by the Association.  Also […]