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Real Estate Wisdom and Information From CENTURY 21 Advantage Gold -The Only CENTURY 21 Firm With Offices in Pennsylvania AND New Jersey!

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Entries from November 2011

Case-Shiller Index: 17 Of 20 U.S. Housing Markets Slipped In September

November 30th, 2011 · Comments Off on Case-Shiller Index: 17 Of 20 U.S. Housing Markets Slipped In September

Standard & Poor’s released its September 2011 Case-Shiller Index this week. The index tracks home price changes in select cities between months, quarters, and years. The Case-Shiller Index for September showed drastic devaluations nationwide.

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Tags: Housing Analysis

New Home Supplies Fall To An 18-Month Low

November 29th, 2011 · Comments Off on New Home Supplies Fall To An 18-Month Low

If you plan to buy of new construction in 2012, don’t expect today’s low prices. Like everything in housing of late, the market for newly-built homes appears to be improving.

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Tags: Housing Analysis

Home Improvement Projects : How Much Equity Will You Build?

November 28th, 2011 · Comments Off on Home Improvement Projects : How Much Equity Will You Build?

According to Remodeling Magazine’s Cost vs Value Report 2011-2012, for each home improvement dollar spent in 2012, homeowners can expect to recoup just 58 cents in home equity.

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Tags: Around The Home

Conforming Loan Limits Unchanged For 2012

November 25th, 2011 · Comments Off on Conforming Loan Limits Unchanged For 2012

In 2012, for the 7th straight year, the national, single-family conforming mortgage loan limit will remain at $417,000.

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Tags: Mortgage Guidelines

More Sales, Less Inventory : Home Prices Headed Higher?

November 23rd, 2011 · Comments Off on More Sales, Less Inventory : Home Prices Headed Higher?

The housing market continues to signal that a broad rebound is underway. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide.

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Tags: Housing Analysis

Maximum FHA Loan Limits Restored To $729,750

November 22nd, 2011 · Comments Off on Maximum FHA Loan Limits Restored To $729,750

As signed into law last Friday, maximum FHA loan limits are — once again — as high as $729,750.

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Tags: Mortgage Guidelines

Using Home Generators? Here’s How To Stay Safe.

November 21st, 2011 · Comments Off on Using Home Generators? Here’s How To Stay Safe.

Home generators are a leading cause of poisoning by carbon monoxide. Before turning yours on, follow these important safety tips.

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Tags: Around The Home

Housing Starts Rising; New Construction Turns The Corner?

November 18th, 2011 · Comments Off on Housing Starts Rising; New Construction Turns The Corner?

Another day, another signal that the market for newly-built homes is improving. Single-Family Housing Starts rose to a seasonally-adjusted, annualized 430,000 units in October — a 4 percent increase from September and the highest reading in 3 months.

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Tags: Housing Analysis

Homebuilders Getting Optimistic; Higher Home Prices Ahead?

November 17th, 2011 · Comments Off on Homebuilders Getting Optimistic; Higher Home Prices Ahead?

Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21

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Tags: Housing Analysis

Government Releases Additional HARP Guidance For Underwater Homeowners

November 16th, 2011 · Comments Off on Government Releases Additional HARP Guidance For Underwater Homeowners

Tuesday, Fannie Mae and Freddie Mac unveiled lender instructions for the government’s revamped HARP program.

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Tags: Mortgage Guidelines