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Christina Lynch

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ENERGY COSTS NOW IN FOCUS SO DO YOUR CODE WORK!

Topic Summary: Did you know that the average U.S. home spends $2,175 on utility costs per year? That’s over $180 per month! A recent survey indicated that 86% of consumers wanted to know average energy costs they would have to pay before they move into a new home. What follows are some resources that will […]

Posted in: Around Town, Real Estate News Tagged: buyer, buyers market, changes, condition, estate, expert, first, first time buyer, for sale, forecast, foreclosure, home, housing, investment, lewis, real, real estate, st louis, watch

These days adjustable rate mortgages (ARMs) are a good deal!

Call to ARMs “Forget the subprime mess. These days adjustable rate mortgages (ARMs) are a good deal,” reports Ashela Ebeling, Financial Reporter for Forbes magazine, especially for certain well-off home buyers looking to purchase or home owners wanting to refinance. Many borrowers who purchased houses with ARMs during the subprime boom got hooked into using […]

Posted in: investment, Mortgage Watch, Real Estate News, Uncategorized Tagged: buyers market, first time buyer, forecast, housing, housing forecast, market, missouri, mo, mortgage, program, rate, real, real estate, realtor, st louis, st louis home value, st louis real estate, st louis real estate loan

Housing Starts Surge 10.5% in August, Permits Rise

Housing starts are up 25% from their bottom in April 2009. But they remain 74% below their peak in January 2006

Posted in: Market Watch, Real Estate News Tagged: housing, permits rise, real estate, statistics, stats

Latest Economic and Housing Forecast from National Association of REALTORS

Pending Home Sales Holding In Stable Range WASHINGTON, December 09, 2008 Pending home sales eased against a deteriorating economic backdrop but remain in a stable range, according to the National Association of Realtors®. The Pending Home Sales Index,¹ a forward-looking indicator based on contracts signed in October, slipped 0.7 percent to 88.9 from an upwardly […]

Posted in: investment, Market Watch, Mortgage Watch, Real Estate News Tagged: 2009, changes, forecast, foreclosure, home sales, housing, interest rates, loan limits, new homes, pending home sales, stimulus plan, tax credit, transactions

Buying Power for First-Time Homebuyers

If you are in the market or considering a purchasing your first home you should consider the economic factors and market conditions.  Forecasters are telling us that mortgage rates will continue to fall slightly before stabilizing.  We hear regularly that the housing market is at or near the bottom and a turn around is likely […]

Posted in: Market Watch, Mortgage Watch, Real Estate News Tagged: buyer, buying power, first, housing, market, mortgage, Quick Links, rate, real estate, time

Tap Today’s Housing Opportunity

Daily Real Estate News  |  March 13, 2008 Falling home prices spell opportunity for buyers, even if they already own a home and don’t want to be a landlord. Here are three smart ways to invest in today’s housing market. Trade up. Now’s the time to buy a larger home in a better neighborhood at […]

Posted in: Market Watch, Real Estate News Tagged: first time buyer, home prices, housing, opportunity, trade, vacation home

Latest Housing Forecast from National Association of REALTORS

Flat Existing-Home Sales Likely Before Gradual Recovery WASHINGTON, March 06, 2008 – The volume of existing-home sales is expected to hold steady through late spring, with a gradual recovery during the second half of the year as the mortgage situation improves in high-cost areas, according to the latest forecast by the National Association of Realtors®.  […]

Posted in: Market Watch, Mortgage Watch, Real Estate News Tagged: changes, forecast, home sales, housing, loan limits, national, new homes, transactions

Housing Stocks Become Hot Item

Investors who bought housing stocks at the beginning of the year after two and a half years of steep declines are being rewarded for their prescience. As the Federal Reserve started cutting interest rates, the stocks of home builders Toll Brothers, Lennar, and Hovnanian rose 40 percent, 52 percent, and 96 percent respectively. Some analysts […]

Posted in: Real Estate News Tagged: estate, home builder, homes, housing, interest rates, louis, new, news, real, real estate, saint, st., stock

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