Market Data

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 …

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Rent Increases Expected to Continue through 2015

Neuse Realty passes along the predictions on rent levels going into next year: the good news here is for the landlords, but with interest rates rates continuing at record lows, anyone considering a home purchase has good news too! CNBC’s Diana Olick recently reported that rents in the residential housing sector continued to rise in …

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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 …

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home value

Buying a Home with as Little as 3-5% Down Payment

All of us at Neuse Realty agree that the misconception  that you need 15-20% down payment to buy a home really needs to be cleared up. See the article below as reported by the Keeping Current Matters crew. We have recently reported on the misconception that many buyers have regarding the down payment necessary to …

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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 …

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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 …

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