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| Absorption Rates RE/MAX 4000. Calculated by Joe Tripoli. |
Tuesday, October 5, 2010
Monday, September 13, 2010
Tuesday, September 7, 2010
Tuesday, August 17, 2010
Wednesday, August 11, 2010
Aug 2009- Aug 2010 and last 6 month Absorption Rates.
This data lets you know, statistically, how long your home may potentially be on the market.
UNLESS it's priced well and in premiere condition!
Data Provided by: Joe Tripoli, RE/MAX 4000
Tuesday, August 10, 2010
Mortgages: 15 yr rates slide below 4%
MORTGAGES
15-year rates slide below 4%, hitting historic low
A plunge in mortgage rates is giving homeowners a rare opportunity to lock in a 15-year fixed-rate loan for less than 4 percent.
Rates haven't dipped this low in decades. For those who can qualify, it's the chance to pay off a home in half the time while saving tens of thousands of dollars - if not more.
But the lower rates on short-term loans are not likely to ignite the refinancing market. Most people can't afford the higher monthly payments required by a 15-year fixed mortgage compared with a more traditional 30-year loan.
"That's not what most people need right now. They need lower payments," said Leif Thomsen, CEO of Walpole, Mass., lender Mortgage Master Inc.
The average rate on the 15-year fixed loan dropped to 3.95 percent last week, according to mortgage company Freddie Mac. That's the lowest on records the company has kept since 1991.
The average rate for a 30-year fixed loan fell to 4.49 percent. Rates haven't been that low since the 1950s, when longer-term mortgages typically lasted 20 to 25 years.
Rates have fallen since spring as investors seek the safety of U.S. Treasury bonds. That has lowered the yield on Treasurys. Mortgage rates tend to track those yields.
Rates on five-year adjustable-rate mortgages averaged 3.63 percent, down from 3.76 percent a week earlier. Rates on one-year adjustable-rate mortgages fell to an average of 3.55 percent from 3.64 percent.
The rates do not include add-on fees known as points. One point is equal to 1 percent of the total loan amount.
The nationwide fee for loans in Freddie Mac's survey averaged 0.7 a point for all loans.
This article appeared on page H - 4 of the San Francisco Chronicle
Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/08/08/RE0F1EPHV4.DTL&type=realestate#ixzz0wE7pPDaW
Wednesday, July 14, 2010
New Listing
Affordable 2 BR/2Bath Condo w/ pool in the Redlands: $141,000 Near golf, hiking, biking trails. 373 Ridges Blvd #209, Grand Junction, CO 81507
Thursday, July 1, 2010
Thursday, June 24, 2010
Welcome to the Home for the Cure® program! I joined RE/MAX International, Inc., and Susan G. Komen for the Cure® to make a difference in our community. The Home for the Cure® allows RE/MAX offices and Associates to support Komen for the Cure and its vision of a world without breast cancer. RE/MAX Associates can make contributions to Susan G. Komen for the Cure with each closed transaction.
New listing: Adorable, Affordable, No maintenance! Walk to Mesa State College.
Virtual Tour
833 Elm Ave.
$139,900
Cute downtown home, stucco, metal roof, no maintance yard, workshop, hardwood floors, adorable kitchen!
2 BR, + office. 1 Bath.
Walk to Mesa State College.
Take a look at 833 Elm Ave. This one won't last long!!!!!
Thursday, June 10, 2010
U.S FORECLOSURE ACTIVITY DECREASES 3 PERCENT IN MAY
http://www.realtytrac.com/contentmanagement/pressrelease.aspx?channelid=9&itemid=9427
Tuesday, June 1, 2010
Gorgeous Redlands Listing....3.4 Acres at the base of the Colorado National Monument
2230 Rimrock Road $609,000
3.4 Acres of Colorado National Monument Views
3000 sq. ft house, remodeled in 2009
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