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Archives for December 2013

Happy Holidays!!

Have a Great Holiday!!  

November Real Estate Numbers on the Outer Banks

Can you believe Christmas is next week? New Years is just around the corner and the real estate market is reflecting both holidays – seasonal slowdown. However, that gives everyone a chance to take a breath for the upcoming selling and buying season which generally starts right after the 1st of the year. Almost 50% […]

FHA Loan Cap Rates Lower for the Outer Banks in 2014

What goes up, must come down. Who thought this would apply to FHA loan caps? Beginning right at the stroke of mid-night of 2014, the current FHA loan cap of $729,750 will be reduced to $625,500 in high-cost areas. FHA will keep its current loan limits in place in areas where housing costs are lower […]