About Marc Demetriou

Marc C. Demetriou is a successful entrepreneur, businessman, and motivational speaker. In August of 2005, Marc partnered with Residential Home Funding Corp. and opened his first branch office in Bloomingdale, NJ where he assists both commercial and residential clients with their financing needs. Marc is preparing to expand over the next several years with additional branch offices throughout the Tri-State area.

Home Prices Flat in Nov. but up 14% from Prior Year

Home Prices Flat in Nov. but up 14% from Prior Year

Marc Demetriou Real Estate and Money Show

The S&P Case-Shiller house price index edged down a bit in the month of November but prices are up nearly 14% from a year ago.
Despite the 0.1% decline in November, the Case-Shiller 20 cities index showed its “best November performance since 2005,” according to S&P’s index committee chairman David Blitzer.

House prices usually decline Continue reading

Housing Markets Continue to Show Gradual Improvement

Housing Markets Continue to Show Gradual Improvement
By RIS Media

Marc Demetriou Real Estate and Money ShowMarkets in 56 out of approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home Builders/First American Leading Markets Index (LMI), released recently. This represents a net gain of two from the previous month. The index’s nationwide score of .86 indicates that, based on current permits, prices and employment data, the nationwide average is running at 86 percent of Continue reading

REAL ESTATE AND MORTGAGE RATE UPDATE 12/10/2013

REAL ESTATE AND MORTGAGE RATE UPDATE
Marc Demetriou Real Estate and Money ShowMortgage rates are back up at 2 month highs and there is still a serious shortage of houses for sale in the under 1 million dollar sale price. Home values are still continuing to trend higher due mostly to the lack of inventory which is causing bidding wars. Values should continue to go up by about 5 to 8 percent annually over the next few years. Continue reading