Closing Costs and Prepaid Items you should expect at the closing table you’ll probably pay a variety of expenses as part of your closing costs, when you sit at the table for
How Th Price Of Gas Effects Home Prices
Falling gas prices can shorten the time it takes a house to sell and can increase the selling price, according to results from an ongoing longitudinal study by Florida Atlantic University and Longwood University faculty. Using data from central Virginia and spanning over 10 years of gas price changes and housing transactions, researchers found statistical evidence to indicate that for every $1 per gallon decrease in gasoline price, average time to sell a property decreases by 25 days. In addition, for every $1 per gallon decrease in gasoline prices the average selling price rises by 2.4percent, which amounts to roughly $4,000 per sold property in the study. The good news from the seller's perspective does not end there . A $1 decrease is also shown to increase a seller's chances of selling and closing by roughly 20 percent. "In the event of a forced sale, these odds are very welcome news for a seller who might already own a second property and must close," explained Ken Johnson, Ph.D., a real estate economist and an associate dean of graduate programs and professor in FAU's College of Business. Based on these findings, the immediate future looks bright for home sellers. Gas prices are down nearly $1 from where they were a year ago, and prices this summer are expected to be the lowest they've been since 2009 "due to stabilizing crude oil costs and as refineries complete seasonal maintenance," according to the American Automobile Association(AAA). Source: PR Newswire
I was a domestic paralegal for 8 years prior to Real Estate. Since I have been in Real Estate I have grown to love this business, even though it does have it's challenges; it is very exciting. There i....
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29639 - Due west offers this gorgeously remodeled brick ranch situated on approximately .50 of an acre. This great home is located on college st which is the heart of due west with great proximity