Monthly Archives: November 2013

When Will Mortgage Rates Hit 5%?

Great insight into where the future of interest rates may be heading! Rates are still very competitive and low currently but as we witnessed this summer that can change very quickly! Will you be prepared to pay more for the … Continue reading

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Treasure Valley Distressed Properties Reach Post-Recession Low

Distressed properties are becoming a smaller and smaller component of the local housing inventory. Fortunately more and more homeowners are listing their current homes adding to the inventory levels and making more homes available! Interest rates have come back down … Continue reading

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Your Economic Update For The Week of November 25th, 2013.

In the News The monthly National Association of Home Builders/Wells Fargo housing market index was unchanged in November at 54. An index reading above 50 indicates positive sentiment about the housing market. The Mortgage Bankers Association said its seasonally adjusted … Continue reading

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Foreclosure starts fall 42%: Hope Now

Another indicator that the housing market is continuing to recover as foreclosure starts continue to decline! It’s still a great time to buy while prices are still below pre-bubble levels although in some parts of the country they have already … Continue reading

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Ignoring Insurance Risks Can Be Costly

I cannot stress how important it is to have a local insurance agent who can answer all of your questions and be there for you when you need them! Additionally it always seems to me that the local agents save … Continue reading

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Buying a Home? Consider COST not just Price

Will waiting to buy a home COST you more money every month? If interest rates increase as they are projected too it will cost you more to buy the same house. While price appreciation is very important for the value … Continue reading

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Your Economic Update For The Week of November 18, 2013!

In the News Retail sales rose 1.2% for the week ending November 9, the strongest increase since August, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 2.3%. The Mortgage Bankers Association said its seasonally … Continue reading

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