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June 2016

Found 5 blog entries for June 2016.

Low inventory is of greater concern than the possibility of rising interest rates, a new survey from Harris Poll and Trulia reveals

Source, By: Marian McPherson 

Low Home InventoryJun 15, 2016

According to a report by Inman writer Lou Barnes, the Fed’s fund rate is at an all-time emergency low, and the Fed owns nearly $4 trillion in Treasurys and mortgage-backed securities.

Furthermore, mortgage rates are down from 4.25 percent closing to 3.5 percent in just six months.

Some Americans are worried that if the Fed decides to raise the federal funds rate, it could make borrowing for a home more expensive as well, though mortgage rates aren’t directly impacted by the federal funds rate.

But according to a recent study done by the Harris Poll on

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As a home buyer, you have the option to agency services. Listing agents have a legal duty to protect their seller client. They must treat all non-clients honestly, but they must promote the best interests of the seller before all individuals. As a home buyer, you may have equal protection from your real estate professional. Solely speaking with a real estate professional does not automatically make that person your buyer agent. It is important that you legally enter into a buyer agency relationship. Below are tips on New Jersey Buyer Agent Services and the importance of buyer representation.

The Importance Of Buyer Representation

The word agent means fiduciary. Buyer agents owe their clients duties of confidentiality, reasonable care, obedience,

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If you are among the estimated 3 million households likely to close on the purchase of a home from now through August, the summer of ’16 is Crystal Springs Homeslooking like a golden period of low mortgage rates.

The average rate for a 30-year fixed mortgage is now 3.63%, near April’s average of 3.61%. Rates had moved up in May, anticipating that the Federal Reserve might raise short-term rates as early as June. However, the May jobs report significantly lowered the risk of seeing higher rates for the rest of the spring and into the summer.

Rates are solidly lower than where they ended 2015 (at 4.09%) and where they were this time last year (4.12%). The difference adds almost 6% to buying power and expands the ability to qualify as a result of lowering the mortgage

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June 25 & 26, 2016 TICKETS ON SALE! BUY NOW! 

All You Can Eat, All You Can Drink!

Join us for a 2-day event full of delicious food, a variety of craft beer, cider and traditional drafts PLUS golf & family fun!

Spend a day or the whole weekend as you sample your favorite brews, discover a variety of new flavorful beers, enjoy great locally-sourced food, take a yoga class at the Crystal Springs Quarry including a Schofferhoffer Grapefruit beer tasting, learn how to pair 2 of your favorites: beer & chocolate, enjoy a casual lunch with our Executive Chef in our Chef's Garden, and our main events - 2-days of our Beer & Food Fest under the tent featuring live music by Lima Bean Riot on Saturday & Philbilly on Sunday! Looking for the ultimate

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The lack of residences on the market, leading to price jumps and bidding wars, isn’t stopping buyers from closing on the homes of their dreams.

In April, the number of existing homes sold shot up 4.9% year over year, to 471,000 purchases across the great U.S. of A., according to a recent report from the National Association of Realtors®. Sales were up a whopping 11.9% in April from March, most likely due to more buyers and sellers coming out of the woodwork as the weather warmed up. 

The report looked only at existing homes (i.e., ones that were not newly constructed). The numbers were not seasonally adjusted, which is to say they weren’t smoothed out over a 12-month period to account for seasonal fluctuations.

“The strong momentum from the start

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