The latest Real Estate News – Classic Realty Group

Real Estate Drops But Second Home Market May See Increase

2/2/2012 6:00 PM

While homeowners fix up their properties, millions of baby boomers (40.7 million people ages 50-59 in the U.S.) prepare to retire and many are predicted to enter the vacation and rental property markets, which would fuel the demand for these types of properties for the next several years.

Average Mortgage Rates Ease Setting New Record Lows

2/2/2012 6:00 PM

In Freddie Mac's results of its Primary Mortgage Market Survey, the average mortgage rates dropped to new all-time record lows as data on economic growth fell short of market projections. All products in the PMMS survey, except the 1-Year ARM, averaged new lows.

Why You Want a Guaranteed Loan

2/2/2012 6:00 PM

Today's buyers are facing quite a diverse housing market. There are great deals for buyers and investors alike. Home prices are at all-time lows and interest rates are creating some enticing conditions. There are many deals to be had, but how does a buyer know when it's really safe to buy?

Agents: Expanding Your Scope in 2012

2/2/2012 6:00 PM

Has your market weakened in the aftermath of the 2009 recession? If so, you’re not alone. Many agents are facing the need to expand their business in the coming year. What can you do to ensure your business survives even when times are lean?

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