Wednesday, November 30, 2005

Overnight real estate rates increase

Inman Real Estate News - Overnight real estate rates increase: "Long-term mortgage interest rates edged up Tuesday, and the benchmark 10-year Treasury bond yield rose to 4.48 percent.

The 30-year fixed-rate average gained to 5.77 percent, and the 15-year fixed-rate inched up to 5.34 percent. The 1-year adjustable was up at 4.48 percent.

The 30-year Treasury bond yield increased to 4.69 percent.

Rates are current as of 7:15 p.m. Eastern Standard Time.

Mortgage rate figures are according to Bankrate.com, which publishes nightly averages based on its survey of 4,000 banks in 50 states. Points on these mortgages range from zero to 3.5."

Tuesday, November 29, 2005

How much house can you get for $300,000?

MSN Money - How much house for $300,000?: "What $300,000 buys in
City Property Sq. ft. Price
New York, N.Y. Ground-floor studio, Upper East Side 425 $260,000
Boston, Mass. 2-BR, 1-BA condominium 770 $274,000
Washington, D.C. 2-BR, 1-BA condo; parking $35,000 extra NA $289,000
Philadelphia, Pa. 4-BR, 1-BA split-level 2,372 $299,000
Atlanta, Ga. 3-BR, 2-BA remodel, downtown NA $299,000
Charlotte, N.C. 5-BR, 3-BA, two-story foyer 2,912 $299,000
Nashville, Tenn. 4-BR, 2.5-BA, finished basement 3,620 $289,000
Chicago, Ill. 2-BR, 1-BA condo, vintage 1910 NA $299,000
Dallas, Texas 4-BR, 3.5-BA, media and game room 3,465 $299,921
Minneapolis, Minn. 3-BR, 1-BA condo, full-wall fireplace 1,500 $299,900
Wichita, Kan. 4-BR, 2-BA waterfront 3,550 $289,900
San Francisco, Calif. Studio, roof deck access 520 $299,000
Seattle, Wash. 1-BR, 1-BA waterfront condo 958 $300,000
Phoenix, Ariz. 4-BR, 3-BA new construction 1,800 $295,000"