Snyder Realty

03/26/2022

Mortgage rate soars closer to 5% in its second huge jump this week

The average rate on the 30-year fixed mortgage shot significantly higher Friday, rising 24 basis points to 4.95%, according to Mortgage News Daily.

03/22/2022

Time to do some updating to my real estate page.

11/13/2018

High priced luxury homes are heading for the auction block quicker than an average home.

Real estate auctions, once used for foreclosures and distressed sellers, is now moving upmarket. The number of multimillion-dollar homes being sold at auction has nearly doubled in the past year.

11/05/2018

If you awake early one morning, only to watch a real estate show trying to sell information on making big $$ buying and flipping houses, wake up first!
Then check out this post describing the reality of flipping real estate in today's market.

CNBC's Diana Olick reports on home flippers turning away from the business.

10/30/2018

Check out this Great House!
Custom Brick in Lincolnton

Call Ted Snyder at RE/MAX Crossroads 704-740-8915

10/22/2018

Home ownership has its rewards!

With home equity at an all-time high, homeowners could start turning more often to this source of lower-cost debt.

09/17/2018

The storm which hung around for about a week has finally move on...

An estimated 250,000 homes in North Carolina will likely be affected, with the bulk of the damage in that state. Across both states, Florence could cause $3 billion to $5 billion in insured property losses from wind and storm surge, according to CoreLogic.

09/07/2018

Rents are up just 4 percent.
Renting and reinvesting the savings from renting, on average, will outperform owning and building home equity, in terms of wealth creation, but this approach requires strict financial discipline. Consider home ownership as a good passive investment providing shelter.
Read more...

Fast-rising home prices and higher mortgage rates have made it both cheaper and a better investment to rent a home than to buy one. 

08/28/2018

Home prices are still rising, but seller's gains are shrinking.

Homebuyers are pulling back, and prices are finally following.

08/28/2018

Home prices are still rising, but seller's gains are shrinking

Homebuyers are pulling back, and prices are finally following.