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Jan 15, 2017 2016 sales strongest in past nine yearsPublished 15 January 2017 Sales for all of 2016 were the highest in the past nine-years, according to statistical data plucked from the archives of the Las Cruces Association of Realtors on January 8th. Local Realtors sold a total of 1,682 new and existing homes, townhomes and condominiums in 2016, making it the best production
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Jan 08, 2017 Do no closing-cost loans really exist?
Published 8 January 2017 According to the federal government’s Consumer Financial Protection Bureau, the answer to the question posed in the headline is a qualified “yes”. According to the way things work in the real world, as well as – wait for it – the CFPB’s own curiously differing admission, closing costs are indeed an
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Jan 01, 2017 Sales trends and statistics don’t apply to all
Published 1 January 2017 The National Association of Realtors captured the nation’s attention on December 21st when it reported on existing-home sales, saying that “November’s sales pace is now the highest since February 2007”. Two days earlier, the Realtors Association of New Mexico issued a press release pertaining to the combined sales of new and
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Published 25 December 2016 Home sellers are facing more competition than ever. As a result, sellers of both new and existing homes are now offering property upgrades, building improvements and cash incentives in an effort to attract as many buyers as possible to their properties. Whatever the incentive, the bottom line is sellers of all
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Published 18 December 2016 According to the National Association of Realtors (NAR’s) 2016 Profile of Home Buyers and Sellers, the most difficult step in the homebuying process is saving for a down payment. HouseLogic.com, which is NAR’s site for homeowners, recently reported that the 20 percent down payment requirement is “one of the biggest misconceptions in home
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Dec 11, 2016 Home values back to 2006 levels? Not here
Published 11 December 2016 On November 29th, the S&P Indices, which provides benchmarks for investable products used in the financial sector, such as mortgage-backed securities, released the results of the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index for September. According to the report, the index “surpassed the peak set in July 2006
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