Wednesday, April 10, 2013

Weekly Rate and Real Estate Update, 4.10.13

Spring Break is over, people’s focus are back…now list your homes!

Dan’s activity this week:

Inspections this week two for my clients selling and buying and another for a client selling!  First report isn’t too bad, radon is high so we’ll need to install a radon mitigation system. 

Home that we received a second offer from the buyers has been accepted!  We’ve already had the inspection referenced above.  Seems like it should work out and then on to appraisal!

This evening I have a final walkthrough with my buyers who close tomorrow afternoon and a showing for my other client whose home we recently sold.

My closing for the 18th is looking great; the buyer’s mortgage company already has their documents to the title company! 

Two new listings came on yesterday.  One is the home of the clients that close tomorrow and the other is an investment home of a client who will be selling their home next year.

I’ve got 3 other buyers out looking as well.  The Swedish family, the Chicago retirees and a local family whose home I sold 2 months ago…come on good houses…where are you?

 Rates for the week
From the IBJ... The average rate for 30-year mortgages fell from 3.75 percent to 3.73 for the week ended April 3, according to The rate for 15-year mortgages fell from 2.97 percent to 2.95 percent.

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