http://concord-nc-real-estate.com Concord NC Real Estate Wed, 16 May 2012 20:05:10 +0000 http://backend.userland.com/rss092 en Housing affordability conditions for all buyers reached a milestone in the first quarter, according to the National Association of REALTORS®. NAR’s composite quarterly Housing Affordability Index rose to a record high of 205.9 in first quarter, based on the relationship between median home price, median family income and average mortgage ... http://rismedia.com/2012-05-16/housing-affordability-indices-reach-records-in-first-quarter/ Builder confidence in the market for newly built, single-family homes gained five points in May from a downwardly revised reading in the previous month to reach a level of 29 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. This is the index’s strongest reading ... http://rismedia.com/2012-05-15/builder-confidence-rises-five-points-in-may/ Many agents across the country are experiencing strong and stable sales. For others, the market is more uncertain. And if the recent economic situation of the last couple of years has taught us anything, it’s reinforced that old adage: You shouldn’t put all of your eggs in one basket. One ... http://rismedia.com/2012-05-14/opportunity-knocks-with-property-management/ According to the National Association of Realtors®, more than 4.25 million homes sold in 2011. That’s a lot of real estate and such numbers raise the question: How are sellers doing it? “Because individual homes are unique, there isn’t one single strategy that works equally well for every property,” says ... http://rismedia.com/2012-05-13/six-keys-to-selling-your-home-in-todays-market/ The new year opened with hope that the 3 percent growth rate of Gross Domestic Product (GDP) reported for the end of 2011 would lead to stronger job growth and improving housing markets. While January and February offered positive economic news, March and April reporting suggested that unusually warm weather ... http://rismedia.com/2012-05-12/eye-on-the-economy-waiting-for-stronger-growth/ According to the Summer 2012 Merrill Edge Report, many mass affluent Americans are willing to make short-term sacrifices in order to get their finances in better shape. The report, released on April 26 by Bank of America, explores the financial concerns and priorities of mass affluent consumers, Americans with $50,000-$250,000 ... http://rismedia.com/2012-05-10/70-percent-of-affluent-homeowners-looking-to-diy-projects-to-save-money/ Are you looking to buy your home for the first time? Congratulations! While this is an exciting time, knowing what you are in for can ease the process exponentially. Below are a few steps you can take to find your dream house, and make it into your new home. Learn ... http://rismedia.com/2012-05-10/5-basic-steps-to-make-a-house-your-home/ Freddie Mac (OTC: FMCC) released the results of its first quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house. In the first quarter of 2012, 79 percent of homeowners who refinanced their first-lien home mortgage either maintained about the same loan amount or lowered their principal ... http://rismedia.com/2012-05-09/79-percent-of-refinancing-homeowners-maintain-or-reduce-mortgage-debt-in-first-quarter/ It’s no secret that this is a good time to buy, but more and more sellers are beginning to agree. The uptick in seller confidence recorded by two recent surveys is uplifting, but concern is growing that seller withdrawal from the market is creating record low inventories that are limiting ... http://rismedia.com/2012-05-09/are-sellers-waking-up/ A new survey released by the National Association of Home Builders (NAHB) shows common remodeling projects have increased, compared to a similar survey from 2010. The survey, released in conjunction with National Home Remodeling Month, describes the changes the remodeling market has undergone in recent years. Remodelers report that kitchen ... http://rismedia.com/2012-05-09/kitchens-and-bathrooms-remain-top-remodeling-jobs/