Luxury Home Marketing Group Focus: Mortgage Rates Are Climbing – But Still Rate Among Year’s Best

Raleigh, NC, November 10, 2014 --(PR.com)-- The Raleigh-based Luxury Home Marketing Group focused on a dynamic marketplace during August’s networking session. Discussion centered on changes in interest rates and how these changes impact the Estate Home marketplace ($750,000 and up).

“The Luxury Home market remains strong in the Greater Raleigh area,” said LHMG President Linda Craft. “However, we pay very close attention to changes in interest rates, as these changes can influence buyers and sellers. Our exclusive marketing partner, Towne Mortgage of the Carolinas (NMLS #214800), provided our group with details on mortgage rate movement as we discussed how to take advantage of this information for our clients.”

Towne Mortgage’s Denise Beatty also presented metrics on the changing residential construction market in July and August, in addition to details on how Jumbo Mortgages can benefit Luxury Home buyers.

Tours of Luxury Homes featured estate-style homes represented by Lindsay Taylor (1908 Cedar St., Durham); Linda Craft (21 China Doll, Hills of Rosemont, Durham); Kimberly Conroy (4736 Adler Pass, The Hamptons, Raleigh) and Rick Rogers (7309 Spyglass Way, North Ridge). The Luxury Home Marketing Group website includes profiles of every member, and a home-search feature for homes in the estate-home marketplace (http://www.luxuryhomemarketinggroup.com/search).