Deal of the week: Tower above Hermann Park finds buyer

U.S. new-home sales pick up the pace. By admin.. Many buyers are turning to new construction because there is a shrinking supply of existing homes for sale. But new construction has been unable to keep up with demand.. Deal of the week: Tower above Hermann Park finds buyer Uncategorized.

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They turned to the Beltline district, buying a penthouse at Park Point by Qualex-Landmark. Wai says it offers more density to the higher floors and as the tower steps back, it gave potential buyers.

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By the second week of May, 2011, 30-year fixed mortgage rates had fallen to their lowest rates of the year at 4.63%. Although mortgage rates vary from day to day, the 30-year rate at this level is an attractive inducement to first-time buyers, or buyers who want to either move up to larger residences, or others, including many empty-nesters.

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