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Intracoastal Realty Blog


Real Estate Updates

Real Estate Updates
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ONE company has a network of agents that continues to excel in this market.        
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Rental Prices Climb Making Buying More Affordable   Rental prices have continued to increase at a fast pace over the past months. It’s currently cheaper to buy than rent in most U.S. cities. In fact, home affordability recently hit a 40-year high. Home affordability is at 1971 levels, due to falling home prices and record low mortgage rates, pu...
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Our showings are up 68% over same period last year! So far 2012 is looking promising for local real estate.  
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Way to go Intracoastal agents! This is an EXCEPTIONAL increase in our under contract numbers!  
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We are all eagerly looking for signs of a recovery in the housing market. Although a robust recovery is unlikely to happen anytime soon, there are positive indicators that are worthy of consideration. Sales in the luxury end of the market – properties in the $1M and up category – are up over last year in New Hanover County. And history shows that ...
04
The latest biannual Trulia American Dream survey says the American Dream of Homeownership is alive and well! 70% of Americans said they still see homeownership as part of their personal dream. When asked the same question back in January 2011 the same percentage agreed; homeownership remains central to the American Dream. The graphic below shows ...
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Late last year, banks were warned that they needed to guarantee that the paperwork necessary to start a foreclosure process on a family was both accurate and complete. Since then, the banks have slowed down the foreclosure process while they re-examined their procedures. They are now confident that all the required documentation is in order. We are...
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To all those who have declared the real estate market dead, we want you to know that over 13,780 houses sold yesterday, 13,780 will sell today and 13,780 will sell tomorrow. That is the average number of homes that sell each and every day in this country according to the National Association of Realtors’ (NAR) latest Existing Home Sales Report. NA...
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5 Ways to Come Up With Cash for a Down Payment   Coming up with the cash for a sensible down payment can be quite a challenge. The down payment on a $200,000 house, for example, will run you anywhere from $7,000 (on an FHA loan) to $40,000! This might seem like a significant amount of money to come up with, but it’s actually more attainabl...
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