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Iolie Powell

cips, e-pro, sres, cbr, trc

Jolie Powell Realty

406 Main Street
Port Jefferson, NY 11777

Mobile: 631-774-2528
Fax: 631-473-7959
Office: 631-473-0420
Jolie@JPRealtor.com

Interest Rates & Buyer’s Purchasing Power

Interest Rates have remained at or above 4% since they first crossed the threshold on June 4th (according to Freddie Mac’s Weekly Mortgage Market Survey). I do believe rates will increase. With the exception of Fannie Mae, the experts all believe that rates will jump by a full percentage point by this time next year, as shown […]

Jul 30th, 2015 by
Topics: Market Update

Waiting to Buy or Sell Real Estate No Longer Makes Sense

The National Association of Realtors (NAR) recently released their Pending Home Sales Index Report and revealed that it is at its highest level since April 2006. The Pending Home Sales Index is “a forward-looking indicator based on contract signings”. The higher the Pending Home Sales Index number, the more contracts have been signed by buyers […]

Jun 30th, 2015 by
Topics: Uncategorized