Current Trends — Different from Last Year

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

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!

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!

Get Ready — This is Not Your Usual Spring Market!

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!

House Prices: Where They Will Be in the Spring

(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

THE Single Most Important Piece of Information to both Sellers and Buyers

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

Major FHA Changes Expected to Take Place in Early 2010

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