Economic News

Coins and Pens

Building Family Wealth Over The Next 5 Years

As the economy continues to improve, more and more Americans are seeing their personal financial situations also improving. Instead of just getting by, many are now beginning to save and find other ways to build their net worth. One way to dramatically increase their family wealth is through the acquisition of real estate. For example, …

Building Family Wealth Over The Next 5 Years Read More »

Freddie Mac’s New 3% Down Program

Today, Freddie Mac is scheduled to start buying mortgages with down payments of only three percent – the first time down payments have been this low on Freddie Mac loans in nearly five years. The program is called Freddie Mac Home Possible AdvantageSM. In a recent Executive Perspectives, Dave Lowman EVP, Single-Family Business Freddie Mac, …

Freddie Mac’s New 3% Down Program Read More »

home value

Breaking News: Fannie and Freddie formally announce 3% Down Programs

Yesterday, HousingWire reported that both Fannie Mae and Freddie Mac formally announced their 3% down options on home purchases. Fannie Mae’s plan will be effective December 13, 2014 while the Freddie Mac plan will be available March 23, 2015. The HW article quotes FHFA Director Mel Watt: “The new lending guidelines released today by Fannie …

Breaking News: Fannie and Freddie formally announce 3% Down Programs Read More »

Real Estate

Buy Sooner Rather Than Later

Neuse Realty’s leadership team has been explaining to everyone for the last few months to jump into the home buying market now. See the infographics below to learn why now is the right time. In a recent video update on the housing market, Frank Nothaft, Freddie Mac’s chief economist, stated that with both mortgage interest …

Buy Sooner Rather Than Later Read More »

Billionaire Says Real Estate is Best Investment Possible

Billionaire money manager John Paulson was interviewed at the Delivering Alpha Conference presented by CNBC and Institutional Investor. During his session he boldly stated: “I still think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you’re the owner-occupier of.” Who is John Paulson? Paulson is the person …

Billionaire Says Real Estate is Best Investment Possible Read More »

Don’t Wait! Move Up to the Home You Always Wanted

We believe that buyers and sellers are at a unique point in time right now: a stabilized market and continued low interest rates. But, as interest rates move upward, the buying power is goes down. as this chart illustrates. Now that the housing market has stabilized, more and more homeowners are considering moving up to …

Don’t Wait! Move Up to the Home You Always Wanted Read More »

Future House Prices: A Look into the Crystal Ball

The listing and selling team at Neuse Realty are frequently asked about the direction of real estate prices. We are pleased to bring to the very best thinking on the topic from our trusted source, Steve Harney, who writes about the importance of the Pulsenomics Survey. Today, many real estate conversations center on housing prices …

Future House Prices: A Look into the Crystal Ball Read More »

Scroll to Top