Real Estate News: February 28, 2014

Big on the Big Easy

In New Orleans, the luxury real-estate market is bouncing back, boosted by homeowners who want to stay in the city; historic homes, prime locations for Mardi Gras

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Harvard Housing Center Predicts Growth in Remodeling Activity

Homeowners are poised to embark on a remodeling spree this year, according to a recent report released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University in Cambridge, Mass.

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30-Year Fixed Mortgage Rate Remains Unchanged

 Mortgage rates for 30-year fixed mortgages remained unchanged from last week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.18 percent, the same rate recorded last Tuesday.

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Home Prices are Expected to Move Higher

New data came out that confirms economist’s expectations that the broader recovery will continue to expand in 2014.

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Sales of New U.S. Homes Rise to a Five-Year High

Purchases of new U.S. homes unexpectedly climbed in January to the highest level in more than five years, showing underlying strength in the industry even in the midst of unusually harsh weather.

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Talk To A Home Mortgage Specialist

On February 28th, 2014, posted in: Real Estate News by

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