Practicing real estate sales in a destination location, many of the inquiries received are from potential buyers interested in buying a second home. For many who have the financial means, purchasing a vacation home/condo has the allure of being a solid ‘investment’ and providing accommodations for those family vacations. However, before purchasing a second home, [...]
Tag Archives: real estate market
Gulp, $35 Million Hilbert Mansion Sells for $3 Million
It must be heart-breaking to see your $35 million home be sold for just $3 million. Former CEO Stephen C. Hilbert and his wife Tomisue lost their home to CNO Financial, formerly known as Conseco, in order to make up for outstanding debts with the company. The lavish French country estate had been for sale [...]
Play “The Lying Game” with Real Estate Agents
“In a calm sea, every man is a pilot”. If ever there was a time when experience in real estate matters, it is now. That adage is a great analogy as success during the Atlanta real estate boom required only that an agent simply fog a mirror to sell a house. Not so in this market. Home [...]
Atlanta-Sandy Springs-Marietta Worst of the Worst
Real estate value trends in the Atlanta real estate market made a list no one wants to be on. According to the data, the Atlanta-Sandy Springs-Marietta real estate market is at the top of the lowest performing national major market list. Don’t get on the ledge….yet.
Selling a Condo in a Tough Market
The hassles of making a sale in a difficult market can be compounded for condo owners. With housing inventory staying on the market for extended periods of time and the fact that shoppers know it’s a buyers’ market, pricing low seems one of the only options. However, there are several things you can do to [...]
Here Come the Foreclosure Dead Beat Law Suits
In true American fashion, the foreclosure mess has a spin off – the foreclosure processing crisis. Questions of illegal and improper paperwork preparation have resulted in major lenders suspending action….bring on the dead beat law suits!
The Appraiser Killed the Deal
There’s little debate that the appraisal industry is one of a few things holding back the real estate recovery; this is life when the feds get their hands in things. That said, it’s also asinine to blame them for valuation issues – that blame often lies with agents that don’t properly know their market.
The Current Trend in the Miami Real Estate Market
Homeowners generally know whether or not their property will end up in foreclosure, regardless of the bank which holds the mortgage on them. The moment information about each new foreclosure hits the market, it generates quite a buzz. People from across the state, around the country and even people from across the globe, have their [...]
Pending Home Sales Rise Again
The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March but not closed, rose 5.3 percent from the previous month and was 21.1 percent higher than March 2009, NAR reports. This follows an 8.3 percent monthly increase in February. NAR chief economist Lawrence Yun says the rise in pending home sales [...]
Mortgage Market Update 4-26-2010
Mortgage Rates were volatile last week on news surrounding the Greece crisis. Rates improved mid-week on fears of a collapse of the Greek economy, and then worsened when a proposed bailout program was announced. Adding to the upward pressure of mortgage rates on Friday was the release of some strong positive economic data including the hottest [...]
Falling Home Prices
Despite concrete signs that the real estate market is slowly getting back on its feet, experts are predicting that the average United States home price will continue to fall by 6% by September, 2011. The 6% comes after the 27% decline we have already experienced over the last three years. Projections of the decline will [...]
Toronto Real Estate Market Stabilizes in January
January 2010 Toronto Real Estate Market Establishes Firm Base By Brian Madigan LL.B. Here is the latest report from the Toronto Real Estate Board: “Greater Toronto REALTORS® reported 1,749 existing home sales on the Multiple Listing Service (MLS®) during the first two weeks of January. This result was almost double the 888 sales reported for [...]
Market Report Offers Inside Track on Real Estate Markets
If you are a real estate investor, you’re going to love this. By real estate investor, I mean anyone who is considering the purchase of a home or property. One of the most important steps you can take as you plan for the buying process is to watch the local market with great care. Real [...]
Interest Rates Remain Low
In Freddie Mac’s results of its Primary Mortgage Market Survey the 30-year fixed-rate mortgage averaged 5.03 percent for the week ending October 29, 2009 – up from the previous week when it averaged 5.00 percent. Last year at this time, the 30-year fixed-rate mortgage averaged 6.46 percent. “Interest rates for 30-year fixed mortgages [...]
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Carmen Brodeur: Very interesting! I better go buy more wrinkle cre...
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Ria Grace: What is good of having custom home is that you can...
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Patrick: A great online property management forum is agents...
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Kyle Pearce: Unfortunately, in every industry, there are some w...
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$10000 California First Time Home Buyer and New Home Tax Credit Extended
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Unite Against the Sarasota MLS Board
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Short Sale Heaven Coming April 5th 2010
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The Lones Group – Real Estate Social Media Marketing Firm – Sues Agent For Being A Zebra
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California Senate Bill 94 (SB94): Passes; Not even Attorneys can do it!
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