Current Trends -- Different from Last Year Where we are now: Prices are Leveling Off Inventory is Increasing Interest Rates have Decreased Slightly Activity is Returning to Seasonal Cycles List prices for homes in 2/3 of the largest metropolitan areas are cooling. In fact, they are falling, not just rising more slowly, in 11 of … Continue reading Current Trends — Different from Last Year
Seven Secrets For A Successful Sale With the real estate recovery underway, why are some properties not getting calls, showings, or offers from prospective buyers? Seven important factors that influence an offer: 7. Get the help of an agent/brokler who offers the broadest and most varied marketing tools and services. Professional agents use all the … Continue reading Seven Secrets For A Successful Sale
Save 35%, 40%, Even 50% or More - Where to Buy Instead of Rent! Updated reports indicate while rents continue to increase at a significant rate, the cost of homeownership is remarkably more affordable. The infographic below shows where buyers can realize significant savings over time. Nationally it is 44% cheaper to buy versus rent. In fact, homeownership is … Continue reading Save 35%, 40%, Even 50% or More – Where to Buy Instead of Rent!
Stand Out Among Buyers and Sellers! How? I represent only a few clients at a time to ensure I personally can provide full support. I work with first-time buyers, growing families, empty nesters, and individuals in transition with homes in all price ranges, from condos to single family homes to luxury estates. I am accepting … Continue reading Stand Out Among Buyers and Sellers! How?
It's Going To Be More Active Spring is officially here. Buyers and sellers are ready once again to participate in the most active home market period of the year. Sellers have painted everything inside and out and finished mulching their garden beds. Buyers have drafted their wish lists, review their favorite real estate websites daily … Continue reading Get Ready — This is Not Your Usual Spring Market!
Stronger Sales, With Financing The good news is that statistics show sales are really starting to take off and I think that will continue through 2012. Almost everyone who's making a projection going forward is projecting that the number of transactions in 2012 is really going to increase, and some believe rather dramatically. The current … Continue reading Stronger Sales, With Financing
10 Questions to Ask BEFORE Renting Your Home There is a huge difference between deciding you want to become an investor (and landlord) and deciding that renting your primary residence might be 'easier' than trying to sell it. Answer these 10 questions to see if renting your house out is right for you: 1.) How … Continue reading 10 Questions to Ask BEFORE Renting Your Home
WHAT'S AHEAD FOR 2012? Five Trends... 1. Buyers Will Return In 2011, a lack of consumer confidence in the overall economy dramatically impacted the housing market. Buyers were afraid to make a purchasing decision on any big ticket item. By the end of 2011, consumer confidence began to return and sales increased. Economic conditions will … Continue reading What’s Ahead for 2012? Five Trends …
(Reprinted from The KCM Blog, October 2011. Disclaimer: This blog covers the national housing market as a whole. Please check with a local real estate professional to discover how the following information will impact your region. – The KCM Crew.) Hill's Comment: While the recent S&P/Case-Shiller Index data reflect an overall slight increase in Washington … Continue reading House Prices: Where They Will Be in the Spring
In the Top 3: Notable Results Compared to 2010 levels So far this year, we have seen a remarkable increase in buyer activity (see new listings below) not only in visits to Open Houses in the area but also in the number of contract contracts written on homes on the market. We are also helping … Continue reading Our Market Performance in February 2011 vs. 2010
Owners' Continuing Responsibility for Snow/Ice Removal With the arrival of Winter this coming week and the surprise snowfall we had last week, it is time to complete your winter preparations, if you have not done so already. These are particularly important if you have a home listed for sale that is vacant or you are going … Continue reading Winter Preparations Checklist for Homes on the Market
Price - For a Listing and for a Contract of Sale. Sellers and buyers both rely on their agent's expertise and research to help them understand today's market and what are reasonable price expectations. A wrong price can kill a listing or a deal. This single factor is so important. An agent who tries to … Continue reading THE Single Most Important Piece of Information to both Sellers and Buyers
Seven Exceptional Attributes to Look For Finding an excellent real estate agent or Realtor® can be a challenge. There are many to choose from and they all appear eager to help you. But how do you know which will serve your interests and help you best? There are so many to choose from - but … Continue reading Picking a Real Estate Agent?
Buyers and Sellers Cooperating for Terms to Work As the market for the purchase and sale of residential properties continues to stabilize and return to normal, we are beginning to see more sellers accepting offers to buy their homes subject to the sale of the buyers' homes, this after a period where such contingencies were … Continue reading Home Sale Contingencies Returning to Purchase Contracts
Mortgage Insurance Premium, Credit Scores, and Seller Contribution Affected On January 20, 2010, FHA announced major changes to ensure its long-term financial soundness. FHA is trying to balance three fundamental objectives: Financial soundness of the FHA insurance fund – ensuring that its capital ratio returns above 2 percent, Fulfilling its mission of serving borrowers not … Continue reading Major FHA Changes Expected to Take Place in Early 2010