Kevin Nguyen

Contact Kevin

Branch Manager / Sr. Mortgage Consultant
800.815.1945 ext. 3624
916.469.3624 Direct
916.596.6656 Assistant
925.759.3376 Mobile/Text Messages
916.258.0702 Fax

kevin@MyEquityZone.com
 

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Featured Posts

Case-Shiller index Shows Home Values Rising Nationwide, Too

There have been no shortage of "housing market" stories lately. After sinking through much of late-last decade, home values slowly stabilized into mid-2011. By October 2011, values appeared to have bottomed. Today, nearly five-and-one-half years after the April 2007 housing market peak, home prices are finally showing their ability to rebound. Over the past 12 months, a bevy of housing market data highlights broad-based market growth. For example, as compared to August 2011, Existing Home Sales … [Read More...]

What’s Ahead For Mortgage Rates This Week : October 1, 2012

Mortgage rates dropped to another all-time low last week as concerns for global economic growth helped U.S. home buyers and refinancing households nationwide.  U.S. mortgage rates responded to non-U.S. events and, for rate shoppers and home buyers in Minneapolis , home affordability improved. Early in the week, with Greece and Spain debating new austerity measures, and with citizen protests rampant, a flight-to-quality helped to boost demand for U.S. mortgage bonds. So did rumors of a … [Read More...]

Pending Home Sales Index Continues To Show Strength

Nationwide, homes continue to sell briskly. According to the National Association of REALTORS®, the Pending Home Sales Index read 99.2 for August -- the fourth straight month in which the index hovered near its benchmark value of 100. A "pending home" is a home that is under contract to sell, but has not yet closed. The index measures with fair accuracy the future strength of the U.S. housing market. For today's Minneapolis home buyers, the August Pending Home Sales Index is relevant for … [Read More...]

New Home Supply Remains Firmly In “Seller’s Market” Territory

The market for new construction homes remains strong nationwide. According to the U.S. Census Bureau, the number of new homes sold slipped 0.3 percent in August 2012 to a seasonally-adjusted, annualized 373,000 units sold — just 1,000 units less than July 2012 and the second-highest reading since April 2010. April 2010 was the last month of that year's tax credit which granted home buyers up to $8,000 off of their federal tax bill. As compared to one year ago, sales of new homes … [Read More...]

Home Price Index Shows Values Rising 3.7% From One Year Ago

Tuesday, the Federal Home Finance Agency's Home Price Index (HPI) showed home values rising 0.2% on a seasonally-adjusted basis between June and July 2012, and moving +3.7% on an annual basis. Home values have not dropped month-to-month since January of this year -- a span of 6 months. For today's home buyers and sellers throughout Minneapolis , though, it's important to recognize on what the HPI is actually reporting. Or, stated differently, on what the HPI is not reporting. The Home … [Read More...]

Existing Home Sales Leap To 2-Year High

The home resale market put forth another strong data set last week. Home sales prices are higher nationwide and sales volume has moved to a 2-year high. According to the National Association of REALTORS®, 4.82 million "existing homes" sold on a seasonally-adjusted, annualized basis in August, representing a near 8 percent improvement from the month prior and a nine percent jump from August 2011. An existing home is a home which has been previously occupied. Home sales were unevenly split … [Read More...]