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Recent Posts Tagged With 'home buying'
A First Time For Everything
An article appeared recently in the New York Times that beautifully illustrates the opportunities today's real estate market offers. A mother working two jobs saved up for a downpayment and managed to buy a large home with a pool for $187,000. Thre...
Luck Is A Four-Letter Word
A "buyers' market" is just what it implies - a market in which buyers have the advantage and exploit it. It's not a market that rewards foot-dragging, hesitation or indecision.Unfortunately, all the factors that created the buyers' market we have to...
Repeat buyers are fueling a turnaround in housing
Present home owners are the group contributing most right now to the monthly increase in existing home sales. They are an especially big factor in the uptick in midprice home sales. Additionally, they are reducing the national inventory of unsold hom...
A Portfolio of Commodities
Have you ever thought of a home as a commodity? A commodity can be defined as a raw material or product that can be bought and sold. A home is not a raw material, but it is certainly built out of many, like a box full of wood, steel, cement, glass ...
Mortgage rates are historically low right now!
The 30-year mortgage: In mid-March, 30-year conventional mortgages carried interest rates of from 4.875 percent to 5.125 percent depending on the lender, the state and the buyer's credit score. (See bankrate.com and others)At 5 percent interest, the ...
Buyers Are Gaining Steam
A recent profile of buyers and sellers compiled by the National Association of REALTORS® has revealed promising, if not surprising statistics about the changing face of the marketplace. The percentage of first-time buyers is on the rise, and they ar...
Opportunity Knocks
There are some desperate sellers out there, but perhaps none so desperate as banks. That's right - banks that own foreclosed properties are anxious to get them off their hands. After all, their business is lending, not property management. If you are...
The New Math
A “new” solution to the "gloom and doom" scenarios is on the horizon, and it's called "cause and effect." Just as home prices have fallen in many markets, buyers are responding strongly to the stimulus. Like today's stock market provides excel...
You CAN buy a home!
The American dream can be yours and you CAN buy a home. Owning your own home is more than just a matter of pride (but there is a lot of that), it's also a great first step toward financial and personal security. If you've never owned a home bef...
Ask Some Powerful Questions
A home's electrical system is its bloodstream, and when you’re buying, you want to know that the flow is strong and safe. While an inspection should be required in your offer, knowing just a couple basics will help you in making your choice.Recent...
