Archives of real estate blog entries for November 9, 2009 (Page 4)

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October Dutchess County 2009 Home Sales - 07:56 PM
October Dutchess County 2009 Home Sales*
Dutchess County** Source: * Mid-Hudson Multiple Listing Service Inc (MHMLS)
**These figures do not represent the total real estate sales in Dutchess County.
They do reflect the sales activity of the MHMLS, which comprises the largest sales volume sampling.
Of note*** October 2009 Home Sales are reflects an 18% increase over October of 2008,primarily due to first time home owner credit,low interest rates and lower selling prices. Of note**** The YTD average selling through October 2009 is 12% lower than the same period last year. Of note***** YTD the average days on the market through … (0 comments)

Daily Focus: “First we make our habits, then our habits make us.” - Charles C. Noble - 11:22 AM
Daily Focus: “First we make our habits, then our habits make us.” - Charles C. Noble
Quote: “Watch your thoughts, for they become words. Watch your words, for they become actions. Watch your actions, for they become habits. Watch your habits, for they become character. Watch your character, for it becomes your destiny.” - Author Unknown
Question: Are your habits helping or hurting your success?
Today's Focus: Start today to examine your habits. Find those that move you closer to personal and business success and eliminate those that are holding you back. Replace your bad habits with new ones that will move … (0 comments)

Home Buyer Tax Credits Expanded and Extended - 08:13 AM
The tax credit for first time homebuyers has been extended, and enlarged to allow hoigher income folks to receive the benefit. In addition, the credit has been extended now to existing homeowners who purhcase a new home. Here are some details:
First-time homebuyersMost details for first-time homebuyers mirror the rules currently in existence. The maximum tax credit remains $8,000 ($4,000 for married individuals filing separately), and anyone who has not owned a home within three years is considered a “first-time buyer.” • A purchase must be under contract by April 30, 2010.• A purchase under contract by April 30 must close … (0 comments)

Featured Listings: Rhode Island Real Estate - 03:08 PM
Today I am starting a series of posts to provide links to our listings in Rhode Island and Southeastern MA... For today, I am featuring just Rhode Island real estate. Each week I will post other listings our agents have for sale.
For today:
24 Gallup Street, in South Providence (02805) -- 2 family house with 1st floor unit having 3 bedrooms, and the 2nd-3rd floor townhouse style unit having 4 bedrooms. The owner is also selling the vacant adjacent lot. For the house, $99.900. For the adjacent vacant lot: $36,500. If a single buyer acquires both, the seller is willing … (0 comments)

"UP TO" $8000 - it is *not* an across the board $8000 first time home buyers tax credit. - 03:12 PM
This is true for both the first time buyer credit, and the existing buyer credit... the amounts bantered about are MAX amounts, and not every purchase will get these amounts. Thought I would reblog this...
Via Kris Wales - Macomb County MI real estate blog & homes for sale search site (Keller Williams Realty - Lakeside Market Center):
One of the common misconceptions for home buyers (and some real estate professionals) is that the first time home buyers tax credit is $8000 for all buyers.  When reading the fine print of the IRS form 5405 there is an entry line to fill … (0 comments)

Maybe.... - 01:17 PM
Just received an e-mail from a new friend of mine. I admit once I read this it brighten my day. We have to always remember that some things in life happen for a reason. Hopefully you will understand and know why it happened instead of thinking that you are either cursed or you are bound to have bad luck because that is not always the case.
To all of you my dear friends and family:                                             MAYBE                                            Maybe . . . … (16 comments)

Homebuyer Tax Credit: Extended and Expanded! - 11:32 AM
Dear Home Buyer,
Did you know the  Homebuyer Tax Credit has been extended and expanded?
The tax credit extension has now become law as the president has signed the bill!! Even better news is these provisions go into effect immediately (not December 1st as previously thought). The
As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that:
·Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010.
·Expands the credit to grant up to $6,500 … (0 comments)

Redding's 24th Annual Turkey Trot! - 12:52 PM
If you are new to Redding, CA you must know that the Turkey Trot is coming!
Shasta Regional Medical Center's annual Turkey Trot is just weeks away, and while the race is competitive, it's also open for nonrunners who would just like to participate in the community event.
"It's a competitive race," said Tori Parks, race director of the Turkey Trot and officer of SWEAT Running Club. "But we encourage people of all skill levels to come out."
The main event of the race is a 6-mile loop around the Sacramento River Trail, but there are additional events, including the Diestelhorst … (1 comments)

October 2009 Real Estate Market Report: Timber Pines, Spring Hill, Florida - 06:10 PM
October 2009 Real Estate Market Report: Timber Pines, Spring Hill, Florida
Inventory of Homes for sale in Timber Pines, Spring Hill, Florida has decreased once again over the previous month.  There are 66 villas and 73 single family homes available for sale in the Timber Pines Country Club community.  
The majority of homes for sale in the Timber Pines community are offered below $200,000.  There are only four homes in the $200,000 to $300,000 price range and only three homes for sale above $300,000. 
The number of homes sold in October in Timber Pines remained stable with 12 units sold.  Only … (0 comments)

Hernando County Real Estate Market Report: October 2009 - 06:47 PM
Hernando County Real Estate Market Report:  October 2009
Inventory of Homes for Sale in Hernando County has again decreased over the previous month and closed transactions increased over September. 
There were several sales moving into the higher prices ranges including a 41 acre ranch with a 4 bedrooms, 4 baths pool home plus all the out buildings one might expect on a ranch.  This property sold for the highest price of $950,000 and also represents one of the highest priced sales in recent months in the county. 
Several other sales in the $300,000 to $400,000 price ranges helped to bring up … (4 comments)

Veterans Day Events in Hernando and Pasco Counties, Florida - 07:14 PM
Veterans Day Events in Hernando and Pasco Counties, Florida
Veterans Day is Wednesday, November 11, 2009.  Here is how Hernando and Pasco Counties will honor its Veterans:
Hernando Beach:  The VFW Post 9236 will hold a ceremony beginning at 10:00 AM.  The post is located at Shoal Line Blvd.  Everyone is welcome.
Shady Hills:  The VFW Post 8681 will hold a ceremony beginning at 11:00 AM.  The post is located at 18940 Drayton Street off County Line Road.  The Post Color Guard will be joined by the Boy Scouts, Girl Scouts, Sea Cadets, Hudson High Drill Team, and Pasco County Fire Department Honor Guard.  … (2 comments)

DON'T OVERDO IT! - 09:28 PM

Via Captain Wayne Rowlett (Rowlett Real Estate School):
Homeowners who are preparing to sell realize there's quite a bit of competition out there.  While presenting your home in model condition is one of the best ways to win the attention of potential buyers, be careful to avoid the pitfalls of improvements that may not produce the full-price offer you are seeking.
First and foremost, do not try to out-do the other homes on the block.  Yes, you want your home to stand out, but not so far out that your asking price will have to be significantly higher than those of the … (0 comments)

THE PSYCHOLOGY OF SELLING! - 09:29 PM

Via Captain Wayne Rowlett (Rowlett Real Estate School):
 When you need to or want to sell your home, who will understand exactly what you're going through?  Your local real estate agent knows about all the positives and negatives that can be associated with selling your home.
 Perhaps you're under the pressure of selling because of an unpleasant circumstance like divorce.  Being overwhelmed by the issues that are forcing you to sell can sometimes cloud your judgment when it comes to making decisions about the real estate transaction.  Place yourself in the capable hands of a qualified real estate professional who will coordinate … (0 comments)

What is PMI? - 09:31 PM

Via Stephanie Reynolds (Agent of Possibility, REALTOR, GRI, ePro at CMI, Inc. ):
This article was inspired by reading Richard Smith's post this morning Mortgage Insurance Companies-Losses Increase Concern. I thought I would take the opportunity to clarify what Mortgage Insurance is.
There is a lot of confusion when I am asked about Mortgage Insurance. Does it cover me if I lose my job? Is it protection for me if I become disabled? Does it cover my payment? Is it like my hazard insurance policy? How does it work? Is the lender providing my insurance?
Mortgage Insurance is insurance coverage for the … (0 comments)

Speaking of Statistics...What's the Difference Between Median Price and Average Price? - 09:32 PM

Via Liz Moras ~Chilliwack Realtor, Chilliwack,Hope,Langley,Abbotsford (Harrison Hot Springs, Cultus Lake):
Ever been confused by media reports of housing prices  and the cost of home-ownership? The media usually report median or average prices without really explaining what that means.  The news is always talkng about how housing is becoming less and less affordable and that the median price is climbing up like crazy everywhere. But what is a median price, why look at it and how it's different from average price?

              

Well the median home price is one of the most common measurements used to compare Real Estate prices in … (0 comments)

Homebuyer Tax Credit Extended and Expanded - $8000 for First Time Homebuyers and $6500 for Move-Up Buyers - 08:57 AM
I couldn't have said it better, so why try? After reviewing a couple dozen blog posts, this seemed to be written the best, so I'm sharing it with you.

Via John Jones (Keller Williams Elite, Dallas/Park Cities):
The $8000 Homebuyer Tax Credit has been officially extended and expanded to include a new $6500 tax credit for move-up buyers.  Dallas area first time homebuyers and move-up buyers now have until April 30, 2010 to obtain a written, binding contract and until June 30, 2010 to close the transaction. 
Some of the details and guidelines for the homebuyer tax credit were changed slightly … (1 comments)

Real Estate Investor Market May Be Making a Come Back! - 09:32 PM
Why in the world would I suggest such a thing? Let me make a couple of points:
According to RealtyTrac's US Foreclosure Market Report, 1 in 372 households were sent foreclosure notices in the month of September. Underwriting guidelines on conventional are now requiring a minimum of FIVE YEARS after foreclosure, 10% downpayment, and at least a 680 FICO score. So, if both of the above are correct, where are all of these people going to live for the next five years???
REAL ESTATE PROPERTY INVESTORS need to take action right now while prices and rates are both down. We need to … (4 comments)

South Shore Fiber Optic Line - 09:10 AM
Really, you thought I was going to say "rail line", while it still has a rail line, it now has more than high speed trains on its tracks it now have high-speed fiber optic lines. 
This new system opens the doors to many new possibilities in NW Indiana for additional businesses and extra savings to those already in business.  The rail line and the fiber optic line run 75 miles from the South Bend Airport to the Kennsingtion station downtown Chicago. 
My, very own wife, Mary Woodson takes the train near daily to Chicago where she works as an Actuary for … (0 comments)

Veterans Day - 09:33 AM
Today, many of us celebrate Veterans Day.  My daughter is off of school.  I think there are some parades planned around in may large towns and cities.  I think back on my family members that have fought in many of this nations wars.  I know my family has been here in a America for nearly 400 years. 
We have had family members fight in the Revolutionary War, The Civil War (both sides), World War 2, Korean, Viet Nam and both Gulf Wars.  I have had friends that have fought in both Gulf Wars.  These are men and woman, friends, moms and … (1 comments)

Pinnacle Peak Estates II Homes for Sale – Homes in Pinnacle Peak Estates II - 11:27 PM
The Valley Solutions Team at Solutions Real Estate is proud to announce their newest website featuring homes in Pinnacle Peak Estates II in Scottsdale Arizona. The new website can be viewed by clicking this link Pinnacle Peak Estates II Real Estate and Community Information and features Pinnacle Peak Estates II homes for sale, Pinnacle Peak Estates II real estate, a special search for Pinnacle Peak Estates II bank owned homes, Pinnacle Peak Estates II foreclosures, Pinnacle Peak Estates II short sales and a special service where people can even request copies of Pinnacle Peak Estates II floorplans. There is also a … (0 comments)

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