Tuesday, July 22, 2014

July Heat has Hit!!! We knew the last few weeks of gorgeous weather were just an exception............




      A Friendly Reminder From Service One!


IT'S THAT TIME AGAIN....CHANGE YOUR FILTER!

FILTERS 101:
If allergies and respiratory problems aren't a concern for your family, a disposable or washable filter can be enough to keep your furnace clean. BUT, it's important to change or clean the filter every month.

AIR FLOW. AIR FLOW. AIR FLOW.
One inch filters need to be changed every month. You don't need to purchase $20 filters, in fact they can actually restrict air flow. Buy pleated filters that are under $5 each or buy in a pack, so that you have them ready to replaced when needed.


Interest Rates have gone down again!  Do you now that you can now get a 30 year fixed rate mortgage at 4.125%  Wow!!  Who do you know that needs to get in to a house?

Also,    there is a $5,000 grant available to 1st Time Home buyers through First National Bank - "Grant" as in help for getting into a home - not a loan - and you don't have to repay!
  
Call Pat at 402 681 2875 or Linda at 402 680 2875 for more information


Wondering How Much Your Home Is Worth?


How has the price of your home changed in today's market?  

How much are other homes in your neighborhood selling for?

If you're wondering what's happening to prices in your area, or you're thinking about selling your house,
I'll be happy to help!

Just give my office a call for a no-fuss, professional evaluation.

I won't try to push you into listing with me or waste your time.

I'll just give you the honest facts about your home and its value.

And maybe I can give you the "inside scoop" on what's happening in the housing market near where you live!


I wanted to share an upbeat recent e-mail I received :


To: Pat
Subject: Home Prices Continue to Rise

Mortgage Specialists

Home Prices Continue to Rise
We have yet another positive housing report that shows continued growth in home prices.  Data provider CoreLogic says home prices increased 8.8% in May compared to a year earlier.  So, that means that the average homeowner enjoyed an 8.8% appreciation rate over the past 12 months.
On a month-to-month basis, prices rose 1.2 percent from April to May. But CoreLogic's monthly figures aren't adjusted for seasonal patterns, such as warmer weather, which can affect sales.
Prices increased the most in Western states, including Hawaii, California and Nevada.
Last week, we reported that Pending Home Sales shot up 6.1% and the continued gains in housing are helping more and more homeowners climb back into positive equity territory.  This new release supports pricing gains from other reports such as the Case-Shiller Home Price Index (+10.8% on a yearly basis) and the FHFA Home Price Index which showed a yearly gain of +6.6%.  Regardless of which reading is the most accurate, consumers are now starting to understand that the likelihood that they will loose money after purchasing their next home has diminished greatly.
To over simplify things a bit, the weaker the economy is....the better it is for mortgage rates.  The stronger the economy market is...the worse it is for mortgage rates.  And we certainly saw some good economic data last week that has traders and economists looking past the weak 1st quarter GDP readings.                                  An improving labor market and economy is always good news for the housing industry as demand for housing is driven primarily by employment and not rates.





No comments:

Post a Comment