Monday, December 10, 2007
Think its time to buy NOW?
FOR SALE: The average sales price of an existing home sold in the USA was $207,800 in October 2007, its lowest level since March 2005 or more than 2.5 years ago. The average peaked at $230,200 in July 2006 (source: National Association of Realtors).
Wednesday, December 5, 2007
Beat the RUSH!!!...buy now!
Hot off the Press!
Current Interest Rates are at an 8 month low – as of TODAY:
FHA: 5.875% Fixed Rate w/ No Points!
Conventional: 5.875% Fixed Rate w/ No Points!
*Rates based off qualified borrowers.
*Source/Data taken from:http://www.bankrate.com/brm/news/mtga/Nov2907_mortgage_analysisa1.asp
Current Interest Rates are at an 8 month low – as of TODAY:
FHA: 5.875% Fixed Rate w/ No Points!
Conventional: 5.875% Fixed Rate w/ No Points!
*Rates based off qualified borrowers.
*Source/Data taken from:http://www.bankrate.com/brm/news/mtga/Nov2907_mortgage_analysisa1.asp
Tuesday, November 13, 2007
Latest Real Estate News...
30-year fixed rate at 5.96%; 10-year Treasury yield at 4.22%
Tuesday, November 13, 2007
Inman News
Long-term mortgage interest rates dipped Monday, and the benchmark 10-year Treasury bond yield held at 4.22 percent.
The 30-year fixed-rate average sank to 5.96 percent, and the 15-year fixed rate slipped to 5.54 percent. The 1-year adjustable was down at 5.53 percent.
The 30-year Treasury bond yield stayed at 4.6 percent.
Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.
Mortgage rate figures are according to Bankrate.com, which publishes nightly averages based on its survey of 4,000 banks in 50 states. Points on these mortgages range from zero to 3.5.
In other economic news, the Dow Jones Industrial Average lost 55.19 points, or 0.42 percent, finishing at 12,987.55. The Nasdaq fell 43.81 points, or 1.67 percent, closing at 2,584.13.
Stock figures are current as of 7:30 p.m. Eastern Standard Time.
Tuesday, November 13, 2007
Inman News
Long-term mortgage interest rates dipped Monday, and the benchmark 10-year Treasury bond yield held at 4.22 percent.
The 30-year fixed-rate average sank to 5.96 percent, and the 15-year fixed rate slipped to 5.54 percent. The 1-year adjustable was down at 5.53 percent.
The 30-year Treasury bond yield stayed at 4.6 percent.
Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.
Mortgage rate figures are according to Bankrate.com, which publishes nightly averages based on its survey of 4,000 banks in 50 states. Points on these mortgages range from zero to 3.5.
In other economic news, the Dow Jones Industrial Average lost 55.19 points, or 0.42 percent, finishing at 12,987.55. The Nasdaq fell 43.81 points, or 1.67 percent, closing at 2,584.13.
Stock figures are current as of 7:30 p.m. Eastern Standard Time.
Monday, October 1, 2007
09/26/07 - MREIS - SALES UP 6.74% IN AUGUST:
In a press release to the media today, MREIS reports that for the second month in a row, sales of single-family existing homes in Maine have increased. According to MREIS, 1,425 homes sold across the state during August 2007 - a 6.74% jump from last August’s total of 1,335. The median sales price for those homes remained unchanged at $195,000. The median sales price indicates that half of the homes were sold for more and half sold for less. Nationally, sales of single-family, existing homes dropped 13% since last August. According to NAR, buyers paid a median existing home price of $223,900, a figure that is essentially the same as last year. NAR also reported sales in the regional Northeast were down 5.7% from one year ago. The median sales price in the area rose 3.6% to $282,300. Complete press release posted at http://www.mainerealtors.com (MAR E-News - Wednesday, September 26, 2007)
In a press release to the media today, MREIS reports that for the second month in a row, sales of single-family existing homes in Maine have increased. According to MREIS, 1,425 homes sold across the state during August 2007 - a 6.74% jump from last August’s total of 1,335. The median sales price for those homes remained unchanged at $195,000. The median sales price indicates that half of the homes were sold for more and half sold for less. Nationally, sales of single-family, existing homes dropped 13% since last August. According to NAR, buyers paid a median existing home price of $223,900, a figure that is essentially the same as last year. NAR also reported sales in the regional Northeast were down 5.7% from one year ago. The median sales price in the area rose 3.6% to $282,300. Complete press release posted at http://www.mainerealtors.com (MAR E-News - Wednesday, September 26, 2007)
Wednesday, September 12, 2007
Attention Investors!
We handle A LOT of foreclosure properties for various lenders. If you are interested in being "The first to know" about these as they become available, please email us at REO@maine.rr.com.
Looking for something specific? Call or email Mike Volkernick directly at Mike@TheHomeTeamofMaine.com and 'place your order'! When that 'perfect' property becomes available, we'll let YOU know about it!
Call us for more details on our exclusive "Team Buyer Benefits" Club....1-800-698-8361
Looking for something specific? Call or email Mike Volkernick directly at Mike@TheHomeTeamofMaine.com and 'place your order'! When that 'perfect' property becomes available, we'll let YOU know about it!
Call us for more details on our exclusive "Team Buyer Benefits" Club....1-800-698-8361
Sunday, September 9, 2007
Duplex now available in Saco
JUST hitting the market!
34 SKYLINE DRIVE, SACO, MAINE
2 bedroom townhouse style duplex on Skyline Drive in Saco. This one has cathedral ceilings with sky light, loft overlooking the kitchen area, 2 bedrooms, french doors to liviing area, fenced yard and even a 1 car garage. Forget the 'condo'...OWN it ALL for less! This property is offered at only $184,900! Call Mike Volkernick at Home Sellers for more details! 1-800-698-8361 x232 or email him now at TheHomeTeam@maine.rr.com
34 SKYLINE DRIVE, SACO, MAINE
2 bedroom townhouse style duplex on Skyline Drive in Saco. This one has cathedral ceilings with sky light, loft overlooking the kitchen area, 2 bedrooms, french doors to liviing area, fenced yard and even a 1 car garage. Forget the 'condo'...OWN it ALL for less! This property is offered at only $184,900! Call Mike Volkernick at Home Sellers for more details! 1-800-698-8361 x232 or email him now at TheHomeTeam@maine.rr.com
Building lot in South Portland
100 x 100 building lot in desireable area of South Portland. Lot includes a HUGE garage with heated workshop in the rear and storage above. This is a tremedous opportunity to build a new home in a VERY convenient area of South Portland and ALREADY have a garage! Lot price with the garage is $89,900. THIS WILL NOT LAST LONG!!! Call Mike Volkernick at Home Sellers TODAY! 1-800-698-8361 x232 or email him: TheHomeTeam@maine.rr.com
Monday, September 3, 2007
New foreclosure property: PORTLAND
We have one new foreclosure property coming soon in PORTLAND!
If you would like to be placed on our "Preferred Buyers" Notification List, email your contact information to Mike@TheHomeTeamofMaine.com
If you would like to be placed on our "Preferred Buyers" Notification List, email your contact information to Mike@TheHomeTeamofMaine.com
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