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Strong momentum in home prices as well as housing activity gave Morgan Stanley analysts enough confidence to upgrade their home price appreciation projections to roughly 7% for 2013, according to its latest global securitized credit report. Additionally, Morgan Stanley anticipates home prices will rise roughly 5% in 2014 and 4% in 2015, respectively. “The momentum in most metrics of housing activity is running well ahead of the pace we had expected,” said James Egan, Jose Cambronero and Vishwanath Tirupattur, analysts for Morgan Stanley. The Morgan Stanley Proprietary Index ($22.18 0.12%), […]

Continued low mortgage rates, increased house prices and improving consumer confidence are all factors contributing to increased home sales heading into the spring homebuying season, according to Freddie Mac’s March economic and housing outlook. Compared to 2012, Freddie Mac expects home sales to increase 8% to 10% in 2013. Housing starts are anticipated to increase to 950,000 units for 2013 compared to 780,000 in 2012. Last year, real estate added $1.5 trillion to balance sheets, while increasing outstanding residential mortgage debt by 0.1% in the fourth quarter of 2012. This […]

Merlin has a precise vision of the Denver Metro market and how it can benefit each of his clients. His unique ability to work closely and listen attentively with buyers and sellers, allows him to understand your goals and identify your best opportunities; all within a manageable time frame that fits your specific needs. Merlin understands that real estate may be the biggest investment of your life. That is why education of the market, dedicated service, and attention to detail is Merlin’s promise, and using his experience and professionalism to […]

Alaska born and raised in Southeast, Alaska, Derek attended the University of Alaska Anchorage before finally settling down in Anchorage, Alaska. He began his career in real estate in 2004 as a Director of Concierge at an international brokerage and was licensed in 2005. After venturing out on his own Derek regularly stayed in the top 10% of all Sales Associates for the Anchorage, Eagle River, Girdwood, Wasilla and Palmer markets. He enjoys what he does and believes in the no hassle approach to real estate. He stays knowledgeable and […]

The recent rises in asking prices has been outpacing the increases in rents, but home buying still may make more financial sense, a new study shows. Owning a house was found to be 44 percent cheaper than renting, according to the latest study from Trulia that compared the costs of the two. The study found that owning is less than half the cost of renting in 46 of the 100 largest metros. “Buying a home is cheaper than renting in all of the 100 largest metro areas,” according to Trulia. […]

Mortgage rates moved lower this week, just in time for the spring home buying season, Freddie Mac reports in its weekly mortgage market survey. After rising last week, the 30-year fixed-rate mortgage reversed course and inched back down. The 30-year fixed-rate mortgage — the most popular among home buyers — has remained below 4 percent for a year. “Low and stable inflation is placing downward pressure on fixed mortgage rates,” says Frank Nothaft, Freddie Mac’s chief economist. Here’s a closer look at mortgage rate averages for the week ending March […]

A Pennsylvania couple is suing a neighbor — who once pleaded guilty to sexually molesting their daughter — trying to get a court to force the man to buy their $350,000 home. The child’s parents say they don’t want to live next door to the man, and their lawsuit charges that they are “under duress to move” and that his presence next door is “ultra-hazardous given the close proximity.” In their lawsuit, the parents assert their home is “virtually unmarketable” because of having a registered sex offender living next door. […]

I was born and raised in Eastern North Carolina. I have been in real estate in Greenville, NC since 1998. I have an extensive working knowledge of our market place and successfully help buyers and sellers on a daily basis. If you are looking for and energetic agent dedicated to customer service, you have come to the right place. Please contact me today! Click here to search for a gay or lesbian real estate agent anywhere in the country. Professional/Personal Distinctions: Greenville Pitt Association of Realtors Board of Directors, Graduate […]

Your Local Real Estate Connection A positive, helpful partner for buying or selling a home: •Trusted resource for answers about the process •Innovative marketing strategies •Expertise about neighborhood features •Ability to target home searches •Strong negotiation skills •Support through the closing and beyond Please contact me today! Click here to search for a gay or lesbian real estate agent anywhere in the country. Professional/Personal Distinctions: Member National Association of Realtors Specialties: Listing and Selling ~ First time home buyers ~ Rentals ~ Diversity! Listing and selling homes in Cleveland and […]

Housing starts surged in February as well as future permits for future construction to the highest levels since 2008 — a sign that the new-home market is picking up steam just in time for the spring buying season, the Commerce Department reported Tuesday. Overall housing starts rose 0.8 percent in February to a 917,000 annual rate. Single-family housing starts, which make up the biggest bulk of that total, reached their highest level since June 2008. Meanwhile, multifamily starts rose 1.4 percent in February to 299,000 units. “Demand for new homes […]