What’s most obvious to me in the chart is that the number of new homes for sale in our local MLS, Midwest Real Estate Data (MRED), is down this year from last year. 2007 had 3 months (March, April & May) where there were over 29000 new … Go here [...]
Continue reading...Wednesday, October 1, 2008
I have been in the real estate profession for several years now, and I believe now as I believed when I got into the business, that home owner ship isn’t a right it is a privilege and yes, it is “the American Dream”. … View original post here: Home ownership its a privilage [...]
Continue reading...Wednesday, October 1, 2008
So the apartment life is getting you down. The rent is rising and the walls are closing in. Interest rates, as long as they are single digit, are still looking good. Your brother just bought his first home and won’t stop talking about it. It’s time to take the plunge. When you start out [...]
Continue reading...Wednesday, October 1, 2008
The popularity of zillow.com and other home valuation web sites, including auditor’s sites and realtor.com, has raised a new issue of what data is reliable when determining a home’s market value. Before a listing appointment, or when assisting a buyer with an offer, I pour over stats, and prepare information. I am secure in my evaluation. [...]
Continue reading...Sunday, September 28, 2008
Average days on the market increased by 9.1, from 96 in 2008. … Continue here: Minneapolis - Phillips Homes For Sale
Continue reading...Saturday, September 27, 2008
… the brochure “The Realtors Role”. If you want more information about this topic or are interested in real estate in the Charlottesville - Albemarle area, contact me anytime! Amy Bender Webb Real Estate III Charlottesville, Virginia … Continue here: A Primer on Buyer Representation for the Charlottesville Home [...]
Continue reading...Monday, September 22, 2008
Years ago after one of my sellers got burned by a bad mortgage preapproval, I started having the loan consultant in my office, Michael Polera, verify preapprovals submitted with offers for my listings. … Read the rest here: Know What a Mortgage Preapproval is, Your Agent & Loan Officer May …
Continue reading...Monday, September 22, 2008
The world of real estate has become a tumultuous arena to step into. In fact, many potential home buyers have chosen to simply wait out the economically tumultuous storm. However, in response to many of the challenges facing home buyers today, real estate agents are using rebates to entice more buyers into the housing market. [...]
Continue reading...Wednesday, September 10, 2008
Big News broke the business world this week with the announcement of the US taking over Fannie Mae and Freddie Mac mortgage giants. Since this news broke, mortgage rates have dropped into the upper 5% range for home loans. … Continue here: News of Mortgage Giant Take Over Results in Lower [...]
Continue reading...Wednesday, September 10, 2008
Remember last week when I explained the types of things that move mortgage rates? We all know I didn’t mention “government takeovers.” Because it never happens. I mean, it hardly ever happens. Okay, it happened last weekend. … Read the rest here: What did Fannie Mae & Freddie Mac do to mortgage rates? Share and [...]
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Thursday, October 9, 2008
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