According to a recent press release by the Wake County Register of Deeds, the value of all real estate transactions in the County was 3% greater for the third quarter of 2019 versus the third quarter of 2018. Lending activity was up about 30% compared to the third quarter of 2018. The median value of a real estate sale was $303,000 in the third quarter of 2019. The data applies to all real estate transactions, including residential and commercial. However, transactions under $1 million, which includes the vast majority of single-family homes, account for 97% of all transactions. The conclusion is that the Wake County real estate market continues to be robust. To read more, read the press release at www.wakegov.com/news.
A recent article in USA Today describes two new tools from credit bureau Experian and credit scoring company FICO. Boost and UltraFICO are designed to help people starting out with credit or those who want to build it anew. According to Experian, they are most likely to benefit people with credit scores in the 500s and 600s. Boost is available on Experian’s website. UltraFICO is set to roll out on a small scale this summer. For more informstion follow this link to the full article at USA Today.