Tag Archives: condo

Mortgage Rates and the Talking Heads

In 1980 the band the “Talking Heads” had a hit song called, “Once in a Lifetime”. One of the repeating lyrics of the song was, “Same as it ever was. Same as it ever was”. Who would have ever thought that 37 years later that the David Byrne lyric would be used to describe the mortgage rates! For the third straight week BankRate.com is reporting that the average rate for a 30 year fixed mortgage is at 3.56 percent. And the forecast for that 3.56...
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June Crystal Coast Real Estate Report

We’ve got to spread the good news! Mortgage rates have nose-dived and are at near historic low levels. The opportunity is now to get interest rates that may not be seen again. Residential property inventory in some of the prime locations along the Crystal Coast are at supply levels not seen in 10 years that make sales conducive for both the seller and buyer. Mortgage Rates In terms of buying a home and getting a 30 year fixed mortgage, now is almost a once in a lifetime...
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Home Prices Will Continue To Rise Through 2017

CoreLogic, which describes itself as, “the leading global property information, analytics and data-enabled solutions provider”, has released its most recent report on pricing and the housing market. Titled the, “U.S. Home Price Insights Report” this report gives accurate historical information mixed with data based forecasting to show where home prices have been and points toward where prices are headed to. In the over-all scheme of things, CoreLogic’s finding show that the US has seen 51 consecutive months of year over year increases in home prices. The...
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Crystal Coast Fishing Report For June 9, 2016

With the concerns of tropical storm Colin gone and a five day forecast of sunny skies and warm temperatures, this upcoming week of fishing promises to be productive for all that head on out! That coupled with the fact that beach water temperatures are now about the same as Gulf Stream waters, fishing catches should produce some large fish in close. But let’s start off on in close from the beach. Surf and pier fishing continues to be very active with catches of spots and sea...
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Crystal Coast Fishing Report May 31, 2016

Offshore fishing from the Morehead City and Atlantic Beach charter fleet was hampered over Memorial Day weekend by the effects and threat of the effects of tropical storm/depression Bonnie. But for those who did fish, it proved to be successful! Congratulations to Captain Adrian Holler of the Sea Striker for winning the Swansboro Memorial day weekend tournament with a 562 pound Blue Marlin. Captain Dale Britt from Sensation Sportfishing reports that last Friday a 125 inch estimated 800 pound Blue Marlin was caught and released by...
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Crystal Coast Fishing Report May 23, 2016

Cobia fishing has been one of the hottest fishing topics along the Crystal Coast. These large, great fighting and great eating fish show up this time of year in and around inlets, deep water channels, reefs, bait balls and buoys. There are two basic styles for catching cobia. One is to bottom fish for them using natural baits such as menhaden. The other is to sight cast for them using a variety of artificial lures and soft plastics. The primary hotspots for all of the cobia action...
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Crystal Coast Real Estate Market Report

There are two questions a home seller asks when sitting down with a listing agent. First is, “How much can I get for me home?” and secondly, “How long will it take to sell it?”. These are great questions, logical questions and are the determining factors for whether to list or not and what marketing strategy to employ. To give everyone along the Crystal Coast a sense of “how much” and “how long” it takes to sell a residential property we’ve highlighted the activity of some of the….

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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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