Author Archives: Mike Areephituk

Rising Home Prices Slowing Down

According to CNNMoney, the increase in home prices may be slowing down due to the rising interest rates. The increase in June was still significant as compared to last year, but it was the first time in twelve months that … Continue reading

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President Obama Speaks on the Housing Market

In a video presented by Zillow,¬†President Obama sits down with Zillow CEO Spencer Rascoff and discusses the housing market and his plans for further recovery. He touches on rising interest rates, Fannie and Freddie, student loan debt, immigration reform, and … Continue reading

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Mortgage Rates and The Housing Recovery

In an article by Les Christie at CNNMoney, researchers at Fannie Mae concluded that the recent spike in mortgage rates will not¬†affect the housing recovery. The study looked at the relationship between mortgage rates, home prices and sales, during two … Continue reading

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Drew Barrymore Lists Montecito Home for $7.5 Million!

Even Drew Barrymore and her art consultant husband Will Kopelman are taking advantage of todays rising home prices! They have listed their gorgeous Montecito, CA estate for $7.5 million, which was originally purchased for only $5.7 million just one year … Continue reading

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