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Serving Chapel Hill, Durham, Raleigh, Greensboro, Wilmington, Charlotte, Morehead City and all of North Carolina.

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Home Price Index Shows Values Rising 3.7% From One Year Ago

September 26, 2012 by Robby Oakes

Home values have not dropped month-to-month since January of this year — a span of 6 months.

Filed Under: Housing Analysis Tagged With: FHFA, Home Price Index, HPI

Existing Home Sales Leap To 2-Year High

September 25, 2012 by Robby Oakes

According to the National Association of REALTORS®, 4.82 million “existing homes” sold on a seasonally-adjusted, annualized basis in August, representing a near 8 percent improvement from the month prior and a nine percent jump from August 2011.

Filed Under: Housing Analysis Tagged With: Existing Home Sales, Existing Housing Supply, NAR

What’s Ahead For Mortgage Rates This Week : September 24, 2012

September 24, 2012 by Robby Oakes

Mortgage markets improved for the second consecutive week last week as demand for U.S. mortgage-backed bonds remained high.

Filed Under: Mortgage Rates Tagged With: Housing Starts, PCE, QE3

30-Year Fixed Rate Mortgage Drops To 3.49% — An All-Time Low

September 21, 2012 by Robby Oakes

For the first time in 9 weeks, mortgage rates have made new lows.

Filed Under: Mortgage Rates Tagged With: 15-Year Fixed, 30-Year Fixed, Freddie Mac

Housing Starts Move To 2-Year High

September 20, 2012 by Robby Oakes

Wednesday, the U.S. Census Bureau reported Housing Starts for single-family homes up 5.5 percent in August to a seasonally-adjusted, annualized count of 535,000 units nationwide.

Filed Under: Housing Analysis Tagged With: Building Permits, Housing Market Index, Housing Starts

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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