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Real Estate News

Wilmington among the healthiest housing markets

BuilderOnline.com, along with Hanley Wood Market Intelligence, recently reported that Wilmington, NC is #14 on the list of the most healthy Real Estate markets in the U.S. READ MORE >

 

$8,000 tax credit for first-time home buyers

The American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Here are some Frequently Asked Questions regarding the credit...READ MORE >

 

Mortgage rates drop to near 5%

The 30-year fixed-rate mortgage averaged 5.04 percent this week, a drop from last week's 5.16 percent. Last year at this time, the 30-year rate averaged 6.04 percent, Freddie Mac reports...READ MORE >

 

North Carolina among the top 5 fastest-growing states

From Realtor.org - January 2, 2009
Forbes magazine examined census population estimates from July 1, 2007, to July 1, 2008, to determine which states had the largest year-over-year increases.       READ MORE >

 

Should you buy now or rent?

There are many articles and free information available on the web to help you decide if you're ready to take the leap into homeownership. For example, the New York Times website offers a neat calculator and chart to show whether you should rent or consider buying a home. Another calculator from move.com can help you compare the costs of renting to the costs of buying. Also, get a quick idea of how much mortgage you can afford based on your tax bracket and current rent from realtor.org.

 

Fast & cheap kitchen make-overs

You've heard it said that the best way to add value to your home is to update your kitchen. Here are some quick tips to freshen up your kitchen, without breaking the bank. READ MORE >

 

How to cut your energy bills

There are many ways to cut your energy bills. Read these tips from realtor.org about energy savings for the winter. For the summer months, read energy saving tips from the U.S. Department of Energy. Don't forget to save money on your appliances and electronics by using these tips.

 

Home improvements still paying back in today's market.

Despite home price drops in many cities, remodeling projects are holding their own as a way for owners to add value. Remodeling magazine's annual report shows that maintenance-related projects and moderately priced upgrades are providing stable paybacks, even in a slower market. READ MORE>