RISING RATES DRIVE BUYERS AND SELLERS TO THE STARTING LINE!

English: Anxious Athlete Waiting at Starting Line

 

3% for a 30 year fixed rate loan is ancient history. That should not surprise anyone. Who thought that would last?

Here is what it means for buyers and sellers:

Read the rest of this entry »


Wasting your agents time?

Retro LED Clock

So you’re thinking about buying real estate. Maybe its your first home, your next home, your last home, an investment in land, a flip or an income property. When do you call your real estate agent?

A friend of mine (if you are reading this right now you know I’m talking about you!), mentioned to me that he didn’t want to waste my time while he drove around neighborhoods and called on signs and looked at open houses and visited builders while he got ready to buy. Along the same lines, I read an article today that spelled out 6 things to do before you call your agent to sell your house. To my disappointment, 5 of the 6 things should be done with your agent! So what does wasting my time actually look like and when should you call me? Read the rest of this entry »


Keller Williams: This Month In Real Estate August 2011

 


5 Questions to Ask Yourself Before Buying a Home

In most parts of the country, the housing market is good (or great!) for buyers right

now – interest rates are bizarrely low, lots of inventory means lots to choose from, and the cost of renting has increased in a lot of markets. But just because the market’s good doesn’t mean it’s the right time for everyone to buy. The decision whether to buy a home is a very personal one; you need to carefully examine your own situation to determine whether it’s right for you.So, what are the questions you need to answer in deciding whether you’re ready to buy? Here are some of the big ones: Read the rest of this entry »

Local Market Facts fly in the Face of Recent Doomsday Articles

Local Market Facts fly in the Face of Recent Doomsday Articles.

Good news is boring.  Really?

I heard a report on the radio this morning that our prices have fallen 17% from this time last year. The radio voice seemed to enjoy spouting the news as if he were reporting the score of a blowout football game with the home team up by 48 points – and climbing- in the 3rd quarter.  Bad news sells. This I understand.  What I also understand is that this is not the news that matters.  Behind that sad average are lots of unreported truths that indicate our real estate market is healing. Read the rest of this entry »


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