The February 2012 Market Report is now available YTD (February 2011 vs February 2012) Single Family Highlights: Increase in the Number of Closed Sales to 3,971 (up 13.7%) Average Days on Market decreased to 105 days (from 121 days) Number of Active Listings decreased 39.7% to 8,082 Average Sold Price saw no change (from $271,516 … More February 2012 Market Report is Now Available
Real Estate Term of the Day: Federal Housing Administration FEDERAL HOUSING ADMINISTRATION (aka: FHA) – an agency, within the U.S. Department of Housing and Urban Development, that administers many loan programs, loan guarantee programs, and loan insurance programs designed to make housing available (Barron’s Dictionary of Real Estate Terms) According to the Hud.gov, Congress created the … More Real Estate Term of the Day: Federal Housing Administration
Real Estate Term of the Day: Federal Fair Housing Law FEDERAL FAIR HOUSING LAW – a federal law that forbids discrimination on the basis of race, color, sex, religion, handicap, familial status, or national origin in the selling or renting of homes and apartments (Barron’s Dictionary of Real Estate Terms) Familial status – characteristic determined … More Real Estate Term of the Day: Federal Fair Housing Law
Real Estate Term of the Day: Factory Built Home FACTORY-BUILT HOME – a general category of housing that is produced largely in a factory (Barron’s Dictionary of Real Estate Terms) Other types of factory-built homes include: Manufactured homes – a dwelling unit manufactured in a factory and designed to be transported to a site and … More Real Estate Term of the Day: Factory-Built Home
LESLIE MONACO REAL ESTATE 