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Robby Oakes Mortgage Team
A North Carolina Mortgage Originator Committed
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Serving Chapel Hill, Durham, Raleigh, Greensboro, Wilmington, Charlotte, Morehead City and all of North Carolina.

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Home Builder Confidence Jumps By Widest Margin Since 2002

June 19, 2013 by Robby Oakes Leave a Comment

U.S. housing markets are gaining as demand for homes exceeds available supplies in many areas. The National Association of Home Builders/ Wells Fargo Housing Market Index (HMI) for June increased by eight points over May’s reading to achieve a positive reading of 52. This last happened in August-September of 2002, when HMI monthly readings also jumped by eight points.

Filed Under: Housing Analysis Tagged With: New Home Construction,Home Builder Confidence,Housing Starts

RealtyTrac Foreclosure Report Shows 28% Decrease From May 2012

June 18, 2013 by Robby Oakes Leave a Comment

Foreclosure actions increased by 2.0 percent in May from April’s 75 month low point for foreclosure activity according to RealtyTrac’s U.S. Foreclosure Market Report released June 11.

However, the good news is that May 2013 foreclosure filings were still 28 percent below May 2012 filings.

Filed Under: Housing Analysis Tagged With: RealtyTrac,Foreclosures,Real Estate Owned

What’s Ahead For Mortgage Rates This Week – June 17, 2013

June 17, 2013 by Robby Oakes Leave a Comment

Last week’s news was relatively quiet with no data significant to real estate and mortgage lending released until Wednesday, when the federal government announced a $138 billion budget deficit for May.

Filed Under: Housing Analysis Tagged With: Housing Analysis,Employment Report,Mortgage Rates

Make Your Home A Movie Star! How To Rent Out Your Property As A Film Location

June 14, 2013 by Robby Oakes Leave a Comment

Whenever a scene in a film or television show takes place in a private home, have you ever thought about who owns that property?

If you advertise your property in the right way, your home could have its 15 minutes of fame as the set for a film or a television show episode.

Filed Under: Around The Home Tagged With: Home Rental,Movie Location,film set

Why It’s Critically Important To Have A Home Inspection

June 13, 2013 by Robby Oakes Leave a Comment

Many home buyers have found the perfect house, signed on the dotted line and may think they’ve watched enough home improvement shows to know if the home they’re getting is in good shape. Unfortunately, some buyers make the mistake of skipping a home inspection in order to save a little cash.

Filed Under: Home Buyer Tips Tagged With: Home Inspection,Home Buyer,Home Purchase

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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