Check out the number one place for new college graduates to move! But who wants to rent when it's so cost affective to BUY! Graduates need some write-offs to help with those new salaries...
Best Places for New Grads to Live and Work
Apartments.com and CareerRookie.com, CareerBuilder’s college job search site, have identified the 10 best cities for recent college graduates to both find a job and an affordable apartment.
The list was compiled by identifying the top U.S. cities with the highest concentration of young adults, the largest inventory of jobs requiring less than one year of experience, and the most apartments affordable on a median new graduate’s salary.
Here’s the list of selected cities and the cost of renting a one-bedroom apartment.
1. Atlanta, $723
2. Phoenix, $669
3. Denver, $779
4. Dallas, $740
5. Boston, $1,275
6. Philadelphia, $938
7. New York, $1,366
8. Cincinnati, $613
9. Baltimore, $1,041
10. Los Angeles, $1,319
Source: CareerRookie.com and Apartments.com (05/05/2010)
Friday, May 7, 2010
Thursday, May 6, 2010
Mortgage rates at six-week low
Great time to buy a place, give me a call!!
ATLANTA BUSINESS CHRONICLE - BY Jeff Clabaugh
Long-term mortgage rates fell to a six-week low and adjustable rate mortgages also eased, according to Freddie Mac’s weekly rate report.
A 30-year fixed-rate mortgage averaged 5 percent in the week ending May 6, down from 5.06 percent last week. A year ago, 30-year mortgages were averaging 4.84 percent, said Freddie Mac, which has a regional office in Atlanta.
One-year adjustable rate mortgages fell to 4.07 percent, while some hybrid adjustable rate mortgages fell to an all-time low.
“Treasury bond and note yields declined this week, and rates on fixed-rate mortgages and hybrid ARMS followed suit,” said Freddie Mac (NYSE: FRE) chief economist Frank Nothaft. “Rates for both the 30-year and 15-year fixed-rate mortgages were the lowest in six weeks [and] initial rates on 5/1 hybrid ARMs hit an all-time low [of 3.97 percent] since they were added to the survey in the beginning of 2005.”
Earlier this week, the National Association of Realtors reported pending sales of existing homes rose for the second consecutive month in March. Three of the nation’s four census regions showed an increase in sales
ATLANTA BUSINESS CHRONICLE - BY Jeff Clabaugh
Long-term mortgage rates fell to a six-week low and adjustable rate mortgages also eased, according to Freddie Mac’s weekly rate report.
A 30-year fixed-rate mortgage averaged 5 percent in the week ending May 6, down from 5.06 percent last week. A year ago, 30-year mortgages were averaging 4.84 percent, said Freddie Mac, which has a regional office in Atlanta.
One-year adjustable rate mortgages fell to 4.07 percent, while some hybrid adjustable rate mortgages fell to an all-time low.
“Treasury bond and note yields declined this week, and rates on fixed-rate mortgages and hybrid ARMS followed suit,” said Freddie Mac (NYSE: FRE) chief economist Frank Nothaft. “Rates for both the 30-year and 15-year fixed-rate mortgages were the lowest in six weeks [and] initial rates on 5/1 hybrid ARMs hit an all-time low [of 3.97 percent] since they were added to the survey in the beginning of 2005.”
Earlier this week, the National Association of Realtors reported pending sales of existing homes rose for the second consecutive month in March. Three of the nation’s four census regions showed an increase in sales
Tuesday, May 4, 2010
May 2010 News & Notes
Hope you enjoy my newest newsletter! What free activities are happening at Piedmont Park this month? New homeowners, do you have the tools you need? And finally, some great news in residential real estate! Click on the page you want to read for an enlarged, readable image:
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