fill
fill
fill
Geubert Oliveira
fill
Mobile Phone:
(917) 553-6262
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
Buyer FAQs
fill
Home Purchase Guide
fill
Home-Buying Mistakes
fill
Seller FAQs
fill
Selling for Top Dollar!
fill
Selling First Impressions
fill
Real Estate Glossary
fill
About Weichert
fill
fill
fill
   
 What is the "Word" on the Real Estate Market. Nationally? Or Locally? You've Come to the Right Place!

 
There is one word to describe the current housing market: optimistic. Despite months of hearing about a housing bubble and rising mortgage rates, the outlook for real estate is good.

The worries of a bursting real estate bubble actually seem to be low among homeowners. In a national survey conducted by ING Direct, most individuals experienced some growth in their home value in the past 12 months. The average increase was approximately 6%, with owners in New England and Pacific states having the largest growth. The values of homes in south central states remained about the same
In a national survey conducted by ING Direct, most individuals experienced some growth in their home value in the past 12 months.

Most homeowners do not seem concerned about a downturn in the real estate housing market. Almost 74% of the individuals surveyed, who have owned their homes for more than three years, remained optimistic about the value of their home.

The 30-year fixed rate mortgage is at its highest point in four years. However, as it hovers at 6 percent, it is still a relatively low rate compared to the exceedingly high rates of the late 1980s when mortgage rates increased to over 10%.

According to Freddie Mac, there are indications of a strong economy, which is why mortgage rates have increased lately. Consumer confidence is on the rise and existing home sales is also on the upswing. This can be attributed to a positive labor market. As most people know, healthy employment leads to greater consumer spending.

 Welcome to the best Market Update Site for your local area! Find housing charts, statistics and heat maps of how YOUR market is doing!


Heat Map Market for WestChester County
(click on image)


Heat Map Market for Bronx-Manhattan, NY
(click on image)

 
Heat Map Market for Newark, NJ
(click on image)


Consumer perception is everything. This means YOU. You must continued view that real estate is a good investment. This will never change. People will continue to buy and sell houses. This will bode well for YOU and all other home buyers, home sellers, real estate salespeople, mortgage lenders and just about anyone related to the real estate industry.

 
Contact Me Today


 



Geubert Oliveira
Associate Broker
GRI, ABR, CBR, e-Pro, SFR

Direct Mobile: 917-553-6262





My Professional Profile

"Your New Home Always Just A Click Away" 
@ www.Geubert.com