Archive for July 2010
Interest Rates are Low, Build or Buy a Home Now
Record Lows Continue for Mortgage Rates The 30-year fixed mortgage rate fell to a new low of 4.54 percent this week from 4.56 percent last week and an average of 5.25 percent a year ago. The 15-year fixed loan rate also hit a record low of 4 percent, down from 4.03 percent a week ago…
Read MoreHOW TO BUILD A CUSTOM HOME, Part 6: Interior Design Features — Custom luxury master suite
In this series, the professionals at the B.O.L.D. Company will take you through the process of building a custom home in the Greater Cincinnati – Northern Kentucky area. From plan and lot selection, to mortgage approval, to the actual construction, we’ll take you behind-the-scenes each week for an inside look at a different part of…
Read MoreHopeful Signs for Housing Remain
Eye on the Economy Hopeful Signs for Housing Remain While much of the country is in the middle of the hottest summer in recent memory, residential construction appears to be just entering an early spring with hopeful signs of more meaningful growth ahead. At first glance, the June housing starts report appeared to…
Read MoreHOW TO BUILD A CUSTOM HOME, Part 5: Design Features — Universal Design and Green Building
In this series, the professionals at the B.O.L.D. Company will take you through the process of building a custom home in the Greater Cincinnati – Northern Kentucky area. From plan and lot selection, to mortgage approval, to the actual construction, we’ll take you behind-the-scenes each week for an inside look at a different part of…
Read MoreHOW TO BUILD A CUSTOM HOME, Part 4: How to Select – or Design – a Home Plan
In this series, the professionals at the B.O.L.D. Company will take you through the process of building a custom home in the Greater Cincinnati / Northern Kentucky area. From plan and lot selection, to mortgage approval, to the actual construction, we’ll take you behind-the-scenes each week for an inside look at a different part of…
Read MoreBest Time to Build a Home is Now
Home prices are increasing and interest rates will never be lower. The best time to build or buy is now! U.S. home prices, including distressed sales, increased by 2.9 percent compared to the same month last year, according to CoreLogic in its monthly index. May was the fourth straight month prices showed a year-over-year increase.…
Read MoreA Pause in the Recovery or a Double Dip?
Check out the latest from the respected Economists of the National Association of Home Builders. A Pause in the Recovery or a Double Dip? A recovery from the Great Recession was never expected to be swift or strong, but recent economic weakness has raised questions about the recovery’s sustainability. Former Federal Reserve Chairman Alan Greenspan,…
Read MoreHOW TO BUILD A CUSTOM HOME, Part 3: How to Choose a Home Site
In this series, the professionals at the B.O.L.D. Company will take you through the process of building a custom home in the Greater Cincinnati – Northern Kentucky area. From plan and lot selection, to mortgage approval, to the actual construction, we’ll take you behind-the-scenes each week for an inside look at a different part of…
Read MoreHOW TO BUILD A CUSTOM HOME, Part 2: How to Pick a Builder
In this series, the professionals at the B.O.L.D. Company will take you through the process of building a custom home in the Greater Cincinnati – Northern Kentucky area. From plan and lot selection, to mortgage approval, to the actual construction, we’ll take you behind-the-scenes each week for an inside look at a different part of…
Read MoreFederal Homebuyer Tax Credit Closing Deadline Extended
After a close brush with the deadline, Congress has passed an extension of the Homebuyer Tax Credit closing deadline, the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts in place as of April 30, 2010 that have not yet closed. The legislation is designed to create…
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