Here are a few real estate-related stories that crossed my desk this week…
- From CNN Money: Mortgage rates remain near record lows
- From CNN Money: New-home sales hit 2-year high
- From Mortgage News Daily: Harvard: Remodeling Boom Seen into 2013
In other news, I received an email from the sales team at The Montage this afternoon. From the email:
The Montage, an ST Collection Property, recently closed escrow on another Penthouse Residence, representing the year’s largest residential sale downtown. We are thrilled to welcome these newest owners to our community, which has already closed 70 new homes this year and is quickly approaching 60% sold.
Thank you for reading, and as always, let me know if I can be of any assistance with your real estate wants and needs.
– Guy