There is one indicator that has a big impact on the prices that buyers will be paying in the future, and is commonly overlooked. And, with improving real estate market conditions across the country, it’s an important one. That question involves what is happening with new listings that are coming to market. They should be […]
Buyer Considerations: Using the Banks Money to Finance Investments
An investment strategy being used by many people involves using bank loans to finance investments. With mortgage rates at their historically low rates, this strategy can lead to significant profit for the savvy investor. The strategy allows the well-qualified home owner to take out a maximum mortgage at the lowest possible interest rates and place […]
Buyer Considerations: Don’t Write a Check Every Month for Appreciation
We’re hearing more and more about Real Estate Markets once again beginning to appreciate. Yet, many buyers don’t seem to be in much of a hurry to make a decision. How can this behavior be explained? Consider that there have always been two major concerns for most people purchasing real estate. The first is Price, […]
Prospecting: Open House Hot Phases
A nice couple visits your Open House. You welcome them and request they sign the guest book for the Seller. You engage in small talk, they leave, and you’ve got a name and perhaps even contact information, (sometimes the information is even real), and that’s it. Now answer the following questions? – Do many of […]
Buyer Considerations: Know Market Trends Before You Buy
Throughout the past 5-6 years there have been tremendous market swings in local and national real estate. This led to a great concern to prospective buyers. With prices dropping more than 50% in many markets, buyers have learned to focus very heavily on what they’re paying for a home. The strategy has been to avoid […]
Expect Housing Affordability to Decrease Next Year
Buyer Considerations: If You’re Disappointed with the Selection, Just Wait Until Prices Go Up
Buyer Considerations: There’s Still Time to Avoid the Tax Monster
For months now, one of the major ongoing focuses has been on deficit spending and the risk of the US economy falling off the Fiscal Cliff. The issue is simple, the solution, not so much. We can’t keep spending as a nation. The US can’t keep spending money it doesn’t have without creating a future […]
Buyer Considerations: Catch Sellers While They are Still Nervous
In most areas of the country, the end of the year is a time when both buyers and sellers tend to postpone their real estate plans and focus on preparation for the new year, family plans and holiday festivities. This may not be a good strategy for buyers looking for selection and bargains. Yet, successful […]
Buyer Considerations: It Hurts to Have Good Taste
If you are thinking about purchasing a home and have struggled to find the ideal property at the right price this year, just wait until you have to compete with all the new buyers that will be entering the market next year. Especially with the elections behind us and the resolution of the fiscal cliff […]