Nathan Bank Coldwell Banker Gundaker

12/06/2023

Wow! Thanks to my clients for trusting me to help them in this crazy market - Top Agent (out of 165) in my office and Top 10 in units!

06/01/2023

https://www.youtube.com/watch?v=bJHC7hl1PpI

Nathan Bank wins the 2023 Five Star Real Estate Agent Award! Five Star Real Estate Agents represent those who are outstanding in their field. Winning agents ...

06/25/2020

3 Car Garage under $300,000 w/screened in porch! 3bd/2ba Only 8 years old! Open floor plan!

3 beds, 2 baths, 1,678 sq ft - Single Family Offered at: $289,900

06/07/2020

Contact Nathan Bank to talk about your home

05/01/2020

IS IT A GOOD TIME TO BUY? IS IT A GOOD TIME TO SELL?

From our leader at Coldwell Banker Realty - Gundaker:

Below is some information that will bring you up-to-date on some trends in the marketplace. I hope you find the information useful:

Most REALTORS Are Confident That Home Prices Will Stand Firm—Many real estate professionals don’t foresee a significant drop in home prices from the COVID-19 pandemic, and certainly not to the degree of the Great Recession’s impact on housing.

In a new survey conducted by the National Assn of REALTORS, for residential property prices over the next 12 months, 38% of REALTORS surveyed say they expect prices to increase and 23% expect prices to remain stable. (March 2020 REALTORS Confidence Index Survey).

For CBG through April, the company’s closed average sale price has remained stable: $259,100 year-to-date in 2020 vs. $258,700 year-to-date last year.

Mortgage Rates Have Dipped to a New Record Low

Mortgage rates reached a new record low this week, with the 30-year fixed rate mortgage falling to its lowest average ever since Freddie Mac began tracking such date in 1971.
This week the 30- year fixed rate averaged 3.23% with an average 0.7 point. One year ago, 30-year rates averaged 4.14%.

A sign of Buyer Confidence Is Shifting As Mortgage Applications Rise—Mortgage applications for home purchases, a leading indicator, saw a 12% uptick last week, reversing a month of plummeting activity due to the COVID-19 pandemic, according to the Mortgage Bankers Assn.

How are doing at CBG? We will not have final numbers for April until early next week, but here is where CBG stands as of this morning:

841 new sales transactions

New sales volume of $214.5 million

421 new listings

New listing volume of $119 million

Thank you so much for all you are doing to serve your clients during these unprecedented times. You are the best. See you soon!

-Jim

Jim Dohr
President

Coldwell Banker Realty - Gundaker

03/18/2020

Homes are selling!