All articles about Wake County North Carolina

The cost of buying a home is rising three times faster than the cost to rent

This was today’s top story in my real estate news feed from Marketwatch.com

‘The monthly cost of buying a home — which includes mortgage payments, taxes and insurance — jumped 14% between July 2017 and July 2018, according to a report released Thursday by Realtor.com. Comparatively, it only became 4% more expensive to rent a home over that same period.’

Continue reading The cost of buying a home is rising three times faster than the cost to rent

How to Buy a Foreclosure at Auction in Wake County

Click here to get a daily list of bank owned homes for sale in Wake County delivered to your inbox daily.

ContentsHow to Bid on a Trustee Foreclosure Auction Sale in Wake CountyIf you are at risk of foreclosure please click … More How to Buy a Foreclosure at Auction in Wake County

Raleigh’s “Weak and Declining” Real Estate Market

Wake County Real Estate Market Update June 2014 Second to Fannie Mae, the nation’s largest purchaser of mortgage backed securities … More Raleigh’s “Weak and Declining” Real Estate Market

Private Mortgage Insurance helps lead the way in the Housing Recovery

Private Mortgage Insurers leading the way in housing recovery

Here's a link to Ricardo Cobos's mobile tool kit for mortgages: http://raleigh.mortgagemapp.com/mobile
Example of how PMI stretches your home-buying dollar.

 

One of the earliest indicators of the housing meltdown which began in 2007 was that issuers of Private Mortgage Insurance (PMI) began to contract their underwriting guidelines for issuing PMI policies.  In fact, so bad was the meltdown that many PMI companies either stopped issuing policies altogether while some were even forced file for bankruptcy protection. Continue reading Private Mortgage Insurance helps lead the way in the Housing Recovery

Raleigh Real Estate Market Update – September 2011

According to the statistics recorded in the Triangle Multiple Listing Service there’s good news and there’s really bad news for the  Raleigh Real Estate Market.  I prefer the bad news first because it always make the good news sound just a little bit better so here’s the bad news;

Median & Average Sales Price Declines in Raleigh by double digits

If you have to sell your home  in Wake County North Carolina where 100% of Raleigh is located, the value of your home may be falling faster than the presidents job approval ratings!
Continue reading Raleigh Real Estate Market Update – September 2011

Expanded Income limits for $8,000 Down Payment Assistance for Raleigh / Wake County Home Buyers

North Carolina Housing Finance Agency Expands Down Payment Income Limits

RALEIGH, NC BREAKING NEWS!

North Carolina Housing Finance Agency (NCHFA) has just announced  expanded down payment assistance (“DAP”) to help home buyers!  NCHFA will now offer an $8,000 Down Payment Assistance Program to all eligible borrowers within their maximum FirstHome income limits. Continue reading Expanded Income limits for $8,000 Down Payment Assistance for Raleigh / Wake County Home Buyers

Heritage Wake Forest – No Money Down Loans

While many Realtors and Developers say about other communities Heritage actually backs that up with irrefutable data! Don’t take my word for it, just check out the Triangle Area Residential Real Estate Report which for May 2011 sales…Read More