New Record Low Interest Rates & New Evidence of Increased High-End Home Sales

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The second week of May marked the second straight week that mortgage rates have reached new record lows, according to a recent LA Times new report. Freddie Mac told the LA Times that the average for a 30-year, fixed loan fell to 3.84 percent and the 15-year, fixed rate loan dropped to 3.05 percent. Adjustable loans with an initial five-year fixed rate also … [Read more...]

NAR Reports Pending Home Sales Are Up

increased pending home sales

We've been hearing it and now there is proof. The March 2012 report released by the National Association of Realtors (NAR) showed a 12.8 percent increase in pending home sales from a year ago. This positive report serves as solid evidence of a recovering housing market. The Pending Homes Sales Index for March was 101.4, which is a 4.1 percent increase from … [Read more...]

The Wall Street Journal Reports: Vacation Home Market Heating Up

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Vacation home sales are on the rise as investors realize that the incredibly buyer-friendly market conditions won't last forever. Here is what Wall Street Journal writer Joe Light reported in a recent article. "If you're thinking of buying a second home in the next five years, this might be your best opportunity . . . Near-record-low mortgage rates, bargain … [Read more...]

How to Stay Current in the Luxury Real Estate Market

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Investors and high-end homebuyers can rely on Unique Homes and Hurwitz James Company as go-to resources for information on luxury real estate listings worldwide. Reaching over 80 countries, the Unique Homes print and digital magazine has become an authoritative source for informative luxury real estate articles and stunning photography of the world's … [Read more...]

The Most Luxurious Communities in the U.S.

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For those investors looking to take advantage of low mortgage rates, resale value becomes an important consideration. An estate in a luxury community is more likely to retain value than an estate surrounded by less expensive homes. As it was chronicled in a recent luxury real estate trend report, here are the most luxurious communities according to the U.S. … [Read more...]