Archives of real estate blog entries for July 19, 2010 (Page 6)

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What's Ahead For Mortgage Rates This Week : July 19, 2010 - 09:36 AM
Mortgage markets improved for the 5th straight week last week as consumer confidence waned and inflation data tamed. Investors ignored the news that 19 of 23 reporting S&P 500 companies beat their respective earnings estimates and sold off on stocks.
There's concern about a potential economic slowdown for the months ahead and it may be well-founded.
Despite an improving jobs situation and booming retail sales, households are less optimistic about the future and so is the Federal Reserve. In its post-meeting minutes released last week, the Fed revised its U.S. growth estimates downward for 2010 and 2011.
For rate shoppers in … (0 comments)

Foreclosure du Jour/The Gardens at Beachwalk in Fort Myers - 11:48 AM
Gated Community.  3 bedrooms/2 baths. Second Floor. View of Lake.
Where:  Fort Myers, Florida. The Gardens at Beachwalk. Convenient to Sanibel and Fort Myers Beach.  The Gardens at Beachwalk features mediterranean style architecture with Spanish tile roofs.  The huge pool at the clubhouse overlooks the lake and fountain.  The grounds are filled with nice landscaping and exotic birds may be spotted.  Within walking distance to grocery, pharmacy and coffee shop.
Amenities at the Gardens at Beachwalk include a beautiful, sparkling blue pool and hot tub surrounded by an outdoor bar and beverage machines, fitness center and billiards/game room.  On site security and … (0 comments)

DEED IN LIEU - PRESERVATION COMPANY FRAUDULENT BILLS - WATCH OUT! - 11:08 PM
Naperville Area Homeowners: Here is another great article by Richard Zaretsky, Esp., who writes about the importance of looking out for your best interest and not to rely on the bank to do it for you.
Via Richard Zaretsky, Florida Real Estate Attorney (Richard P. Zaretsky P.A. - Bd Certified Real Estate Attorney):
I just can't get a day of rest! One of my clients had a rotten experieince this week with a home inspector.
REDC, the California company that does default solutions and auctions for lenders, has gotten a nice niche for doing home inspections for lenders just prior to the lender … (0 comments)

If You Think You Can, You Are Right ? - 10:31 AM

If You THINK You Can - You're Right? Henry Ford is famously quoted as saying, "Whether you think you can or think you can't - You're Right!" In the childhood rhyme, 'The Little Engine That Could', we seem to find agreement with this idea when the little engine manages to climb the tall hill by saying, over and over "I think I can, I think I can." From wikipedia.org:  In the tale, a long train must be pulled over a high mountain. Various larger engines, treated anthropomorphically, are asked to pull the train; for various reasons they refuse. The request is sent to … (1 comments)

Las Vegas Strip View High Rise Condo at Panorama Towers For Sale - Fully Furnished - 05:46 PM
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3 Year Old Twin Home For Rent in Millville - 02:49 PM
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Fleming Island Homes For Sale - Market Report June 2010 - 02:44 PM
Fleming Island Florida Homes For Sale - Market Report

There are currently 331 single family homes for sale in Fleming Island. The average home price is $379,801 with a price range from $68,900 to $1,999,999.
There are 49 homes that are pending/under contract on Fleming Island.
In the the month of June there have been 42 homes that have sold and closed on Fleming Island. The average closed price of $248,943 with an average of 116 days on the market.
Year to date there has been a total of 180 homes that have sold on Fleming Island with an average … (0 comments)

Orange Park Florida Home Sales - Market Report June 2010 - 03:09 PM
Orange Park Homes For Sale - Market Report

There are currently 721 single family homes for sale in Orange Park. The average home price is $191,157 with a price range from $34,900 to $1,500,000.
There are 173 homes that are pending/under contract in Orange Park.
In the month of June there has been 101 homes that have sold and closed in Orange Park. The average closed price of $161,363 with an average of 92 days on the market.
Year to date there has been a total of 549 homes that have sold in Orange Park Florida with an average sold … (0 comments)

Middleburg Florida Homes For Sale - Market Report June 2010 - 03:22 PM
Middleburg Homes For Sale - Market Report 
Middleburg Florida Homes For Sale -   Real Estate Market Conditions For June 2010

There are currently 445 single family homes for sale in Middleburg. The average home price is $180,172 with a price range from $27,000 to 2,450,000.
There are 93 homes that are pending/under contract in Middleburg.
In the month of June there has been 77 homes that have sold and closed in Middleburg. The average closed price of $44,440 with an average of 98 days on the market.
Year to date there has been a total of 315 homes that … (0 comments)

Green Cove Springs Homes For Sale - Market Report June 2010 - 03:36 PM
Green Cove Springs Homes For Sale - Market Report 
Green Cove Springs Florida Homes For Sale  -  Real Estate Market Conditions For June 2010

There are currently 140 single family homes for sale in Green Cove Springs. The average home price is $277,063 with a price range from $34,900 to 1,900,000.
There are 20 homes that are pending/under contract in Green Cove Springs.
In the month of June there has been 7 homes that have sold and closed in Green Cove Springs. The average closed price of $112,989 with an average of 77 days on the market.
Year to date … (0 comments)

Las Vegas | Henderson | North Las Vegas NV June 2010 Pendings Report: Inventory is Rising Rapidly! - 01:51 PM



Inventory is increasing RAPIDLY.  This may be due to the first time buyer's tax credit expiring.  This is also good news as we could emerge from the extreme seller's market that we have been in for over a year to a stable market in about 8 months (with a consistent increases like the ones we have seen this month.)
Las Vegas Area Market Activity (Includes North Las Vegas, Henderson and Las Vegas)
Listings (7/15/2010):  11716 Under Contract (7/15/2010):  14628 Sold June 2010:  4126 Short Sales:
45% of Listings 34% of Sales REO (Foreclosures, Bank Owned:)
21% of Listings 40% … (7 comments)

Desert Shores (Las Vegas NV) June 2010 Real Estate Market Report (Homes for Sale, Under Contract, SOLD!) - 03:51 PM






Desert Shores June 2010 Real Estate Resale Market Report (Homes For Sale/Under Contract/Sold):
Listings (7/15/2010):  86 Under Contract (7/15/2010):  79 Sold June 2010:  22 Since Last Month:  Listings are UP +11, Pendings are DOWN -6, Sold Units are UP +8
Last Month's Report
Click here for More Information on Desert Shores Lake Living.
View Desert Shores in a larger map … (9 comments)

Pre-Qualification or Pre-Approval? What's the Difference?? - 03:10 PM
One of my initial questions to a new potential buyer is "Have you been pre-qualified or pre-approved by a bank or lender for your purchase?"  When someone asks me, "What's the difference?" I actually get excited. This is probably a first time buyer-and I love working with first time buyers!  I'm a teacher at heart, and I know I can help them through the process of buying a home and make sure their home-buying experience is a good one.  We can avoid some real pitfalls before we even get started!
So, what's the difference?
Pre-Qualification: Basic questions are asked of the … (3 comments)

NEGOTIATING ROOM? OR NEGOTIATING STRENGTH? - 05:52 PM
So Mr. Seller, you want to price your house so you have "room" to negotiate with a buyer? The problem is, the amount of room you want as a buffer may make the buyer think you're just not serious enough to start negotiations with. 
If you have negotiating room between your asking price and the actual value of your home, trust me, the buyer knows it. They've probably looked at a lot more homes in your price range than you have!   
                  
The alternative is to negotiate from a position of strength!  If your house is priced exactly where it … (8 comments)

Oxford MA Real Estate Update: 2010 2nd Quarter Home Sales - 07:36 AM

Oxford MA Real Estate Update
2010 2nd Quarter Home Sales

Oxford, MA Real Estate:The second quarter of 2010 was an important time for real estate.  We had the spring market surge, along with the winding down of the tax credit incentive.  Let's see how home sales went in Oxford MA, for the second quarter of 2010 compared to second quarter 2009.
Number of Homes Sold
In 2009, 23 single family homes sold during the second quarter of the year.  In 2010, 28 single family homes sold during the second quarter of the year.
For condominiums,  12 units sold during the 2nd quarter of 2009, … (2 comments)

Shell Knob Transfer Tax Concern - 11:13 AM

There are no real estate transfer taxes in Shell Knob, MO.  However, due to a concern that the State of Missouri may implement such a tax, which is allowed under the Missouri Constitution, there is a movement to prevent a tax being charged.
 
A transfer tax is a tax that is imposed when a home, land or other real estate is sold.  It can ad thousands of dollars of expense to the sale of property.  Once the tax is on the books, it can be raised and increased by state, county or local governments without a vote.
There are … (0 comments)

Equator Short Sale Platform + Short Sale "MBA" = One Powerful Solution - 01:06 AM
According to DSNews.com, Los Angeles-based Equator announced last Thursday that 300,000 short sales have been initiated on its platform since the short sale automation solution was launched in November 2009. With this technology, it appears that much-needed relief is finally being provided to an already-congested Short Sale process, creating and improving synergies and document processing tasks between multiple parties in the transaction. Austin-based America's Home Rescue (AHR), founded in 2003, is an institute for higher learning and is addressing process-related and facilitation issues outside of Equator's new technology by offering a new generation of Short Sale education for real estate agents. … (0 comments)

Condos for sale in Turnberry Courts Hi-rise and Mid-Rise Style Buildings located in Leisure World of Maryland - 09:07 PM
Leisure World of Maryland - Condos for sale in Turnberry Courts Hi-Rise and Mid-Rise Style Buildingslocated in Montgomery County, Maryland

Turnberry Courts Condos are located in Leisure World of Maryland, a 55+ age restricted community located just off Georgia Avenue (Rt. 97) in Montgomery County, Maryland. 
The best 55+ housing opportunity in Montgomery County, Maryland! Living at Leisure World is a great lifestyle choice - it's also a smart financial decision.  This community is for anyone aged 55 or older. The 650-acre campus located in Montgomery County, Maryland offers a variety of housing options and offers many attractive community amenities.  … (1 comments)

"Wings of Fancy" Live Butterfly Exhibit at Brookside Gardens, Wheaton, MD - 09:31 PM
"Wings of Fancy" Live Butterfly Exhibit at Brookside Gardens, Wheaton, MD
Conservatory Displays
<!--<img src="images/wof_heliconius_doris_longwing_blue_form.jpg" mce_src="images/wof_heliconius_doris_longwing_blue_form.jpg" alt="Butterfly" width="250" height="179" />-->Saturday, May 1 through Sunday, September 19, 201010:00 a.m. to 4:00 p.m. daily
Brookside Gardens South Conservatory1500 Glenallan AvenueWheaton, MD 20902
"Butterfly Hotline- Recorded Information: 301-962-1453
Admission
FEES: $6 adults; $4 ages 3-12Groups of 15 or more: Must pre-register by calling 301-962-1467. Group Tour Information
NOTE: Children 2 and under are admitted free, however, we regret that we are not able to accommodate strollers in the Butterfly Exhibit. The exhibit is wheelchair accessible. Exhibit tickets and parking are available at the Visitors … (1 comments)

NEVER Pressure Wash A Deck! - 09:02 AM
Ann Arbor folks, I wish I had known this before pressure washing our decks this year. Passing along to you so you can learn.
Have a great week, in Ann Arbor.
Ann Arbor Area MLS
Via Jay Markanich (Jay Markanich Real Estate Inspections, LLC):
I tell my neighbors.  I tell my clients.  I tell everybody who will listen.  NEVER pressure wash a deck!  When the pressure-wash companies send their college kids to knock on my door to "wash" my deck, I tell them why they should not be doing that to decks!  When I see their trucks*, they advertise cleaning decks, patios, siding, … (22 comments)

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