Monthly Archives: January 2014

Mortgage Rates Are Getting Ready To….

Mortgage rates. Where are they and what are they getting ready to do? Last December 31, 2013 the 30 year fixed mortgage rate was at 4.69 percent. That’s the highest it has been over a 3 month period. Right now the mortgage rate for a 30 year fixed is hovering around 4.5 percent. A year ago it was a full percentage point lower than that. But what does the future hold? On January 28-29 the Federal Open Market Committee (FOMC) will hold one of eight scheduled...
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Crystal Coast Home and Condo Report

Here is a very good overview of the Crystal Coast real estate market as it stands right now. Price, location, inventory and financing are all discussed. It covers 2013 in review and the status of things here and now. It’s clear, concise and to the point! Crystal Coast Home Sold Prices.The median sold price of a Crystal Coast home in 2013 was $184K. The average sold price was $234K. The reason for the…

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Fascinating Findings: What Home Buyers Really Want!

The National Association of Home Builders (NAHB) just released results from a survey they conducted. They wanted to find out what home buyers do and do not want in their new home. According to NAHB, “The survey asked buyers to rate over 120 features as either essential, desirable, indifferent, or do not want.” The findings may surprise you. Some may even make you laugh! But builders, Realtors and home…

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Onslow and Carteret Real Estate Market Report

Onslow and Carteret County real estate markets have been very different from each other this past year. One was up and the other down. It appears to be a culmination of a five year trend. Carteret County currently has a median sold price of $185K. Onslow County is right at $160K. It may be a surprise to some to see how close in price the two counties are. But we are using median prices and not average prices. Median prices are the price point in the...
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