Buyers Are Starting to Feel the Urge From Price Appreciation
It’s no secret that home prices and mortgage rates are still on the low end. A 30 year fixed interest rate is around 3.5%. However, it’s expect to jump to over 4%. Home prices all across the United States are rising as well. What does this mean for buyers? It’s starting to create urgency! Why wait to buy your next home and risk paying the bank or homeowner more money? Realtor.org has done a piece on this topic. It’s worth a read:
http://realtormag.realtor.org/daily-news/2013/03/26/buyers-feel-urgency-price-appreciation
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Buying a Home is HOW Much Cheaper Than Renting?
In 46 of the 100 largest metro areas in the US, a recent study has found that owning your own home is less than half the cost of renting. Obviously it depends on the individual market, but take a look at some of the other areas that are MUCH cheaper than renting…
http://realtormag.realtor.org/daily-news/2013/03/22/study-buying-home-44-cheaper-renting
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Central Oregon Scores RDM-LAX Flight
Central Oregonians have pledged $350,000 in the form of pre-paid tickets to secure new, non-stop flights to LAX. If everything goes right, flights could start as early as June. Read more here:
http://www.ktvz.com/news/C-O-hits-350K-pledge-goal-for-RDM-LAX-fights/-/413192/19340332/-/t8cv7w/-/index.html
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