To rent or to buy: what used to be a given – that you would buy a home as soon as you could afford to – has become an agonizing conundrum for many a would-be homebuyer, in the face of the housing market’s big bust and super-slow recovery. Low prices seem to create a wide-open …
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Listing Expired – House still unsold? Part 2: What it takes to sell in todays market
Pricing is a critical element in offering a home for sale, and unfortunately it’s often done wrong. Sometimes that’s the agent’s fault, and sometimes it’s the homeowner’s. We’ll start with the agent. The sad truth is that some agents try to “buy listings” by promising homeowners unrealistic prices. They say they can get a higher …
Ten Mistakes You Can’t Afford To Make
Save time and money by following these rules Buying a home is complex enough but when it comes to financing, you need to make sure you are as prepared as possible in order to get a loan. There are a number of mistakes you can make along the way of getting your loan approved. Here …
Attention Sellers: The Home Search Process 2010
According to the most recent 2010 Profile of Home Buyers and Sellers, real estate agents and the Internet continue to be the most important resources in the home search process. While the usage of the Internet has increased in the search process, it does not diminish the use of the agent, but rather provides a …
New data by CoreLogic – Home sales fell 12% in 2010
U.S. home sales totaled 3.6 million in 2010, a 12% drop from the year before that pulled prices down with it, according to data provider CoreLogic (CLGX: 20.60 -0.15%). In November, the latest month of data available from CoreLogic, home prices dropped 5.1% for the fourth straight month of decline. Decreases in home prices have …
FSBOs Vanish, Sellers Turn to Real Estate Pros
FSBOs Vanish, Sellers Turn to Real Estate Pros For Results For-sale-by-owners are rare nowadays. In fact, the number of FSBOs dropped to record lows over the past year. Unrepresented sellers make up just 11 percent of the market, down from 13 percent in 2009, according to the 2010 National Association of REALTORS® Profile of Home …
Massive Mortgage Changes
Big news in the real estate world today! Fannie/Freddie On Chopping Block –The white house came out with their mortgage reform options today, including the shut-down of Fannie/Freddie. There is a lot of analysis going on, here’s some from CNBC / CNN / WSJ The Obama administration laid out three broad options Friday for reducing …
