Tag Archives: national association of realtors

Affects of Government Shutdown on Local Real Estate

Government Shutdown. 70 percent of all loans made this year in the Crystal Coast and surrounding areas involved either Fannie Mae, Freddie Mac, VA or a FHA Loan. To put it another way, the federal government has its hands in almost ¾’s of all mortgage loans made in 2013. So will the government shutdown affect your ability to get a loan? Will it slow or stall your upcoming closing? Will interest rates go up? The good news is that mortgage rates tend to go the opposite...
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Home Sales No New Buyers Just New Suppliers

Home sales across America are fantastic. Inventories have dwindled down to just a 5.2 month supply according to the National Association of Realtors. New construction is so active that builders can’t find enough workers to keep up pace with demand reports the National Association of Home Builders. It is a completely different story in eastern North Carolina. Onslow County has an 11 month supply…

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Hot Real Estate Market

Hot Real Estate Market! Really? For the past three consecutive Tuesday’s some type of great news about the real estate market and home prices have been released. The news has come from typical sources like the National Association of Realtors. But network news and even the President of the United States have offered up a much needed reprieve from the years of real estate bankruptcy…

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Home Prices and Sales Are Up

The differences between the local Carteret County and Crystal Coast real estate market compared to the national real estate market can be vast. Inventory seems to be the biggest problem but for different reasons. But two things are for sure. Sales are increasing and prices are rising. Is this the recovery we’ve all be anticipating? The National Association of Realtors® (NAR) just released their April data. It shows that existing home sales…

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Tax Reform Could Affect Home and Land Owners

The state of North Carolina collected over 10 billion dollars in personal income taxes during the year 2012. That’s ten times the corporate tax income and twice as large as the monies collected off of sales and uses taxes. But now the state of North Carolina is trying to figure out how to eliminate personal income taxes, it’s largest revenue producer….

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Difference Between Real Estate Broker and Realtor

Real estate broker and Realtor. Do you know the difference between the two? Don’t worry if not, most people don’t. This why the North Carolina Real Estate Commission has just released a video that explains it all. It’s called the, “Difference Between NC Real Estate Commission and NC Association of Realtors” and highlighs the difference, responsibilities…

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