Foreclosures Move Up-Market - 10/13/09 12:02 PM
RISMEDIA, October 12, 2009-Recently, there's been a fair bit of anecdotal discussion around the assertion that foreclosures, once a problem just for the sub-prime segment of mortgages, have been moving up-market. That is, people are suggesting that we're seeing more foreclosures in the mid- to high-end segments of the market. 
Turns out, there's a lot of truth to this idea. In 2006, at the height of the real estate bubble, homes in the bottom one-third of home values made up almost 55% of all foreclosures. Homes in the middle one-third of home values made up almost 29% of foreclosures and homes in … (0 comments)

Home Price Reduction Levels Stay Above 25% for Fourth Consecutive Month - 10/13/09 12:00 PM
RISMEDIA, October 12, 2009-Trulia, Inc announced that 25.6% of homes currently on the market in the U.S. as of October 1, 2009 have experienced at least one price cut. More than one in four current listings on Trulia have been reduced in price for the fourth straight month. The total amount slashed from home prices is $28.4 billion, a $967 million increase from June 2009. The average discount for price-reduced homes continues to hold steady at 10% off of the original listing price. 
Northeast with Most Homes Reduced; West Sees Biggest CutsFive of the 10 states with the highest percentage of homes … (1 comments)

Being a Green Consumer Means Living Conscientiously - 10/09/09 10:47 AM
RISMEDIA, October 8, 2009-(MCT)-Green living in a down economy has become a concern for many Americans, but while adopting eco-conscious practices may seem challenging at first, it's simple to make an impact. 
"It's easy to be planet-friendly and human healthy," said eco-expert Kim Carlson, founder of EarthSmart Consumer Certified, a retail product certification program that collaborates with leading environmentalists to ensure the products we buy don't damage our planet. "You just have to kind of know your way around that world and once you do-it's easy. It's just changing a few behaviors." 
Minor modifications such as using power strips for your electronics … (2 comments)

1.4 Million Families Have Taken Advantage of First-Time Home Buyer Tax Credit, More Claims Expected - 10/09/09 10:45 AM
RISMEDIA, October 8, 2009-With the First-Time Home Buyer Tax Credit deadline quickly approaching, the Internal Revenue Service recently reminded potential home buyers they must complete their first-time home purchases before Dec. 1, 2009 to qualify for the special first-time home buyer credit. The American Recovery and Reinvestment Act extended the tax credit, which has provided a tax benefit to more than 1.4 million taxpayers so far. 
The credit of up to $8,000 is generally available to home buyers with qualifying income levels who have never owned a home or have not owned one in the past three years. 
The IRS encouraged … (0 comments)

6 Financial Moves That Sound Good -- but Aren't - 10/02/09 12:21 PM
by Erin JoyceThursday, October 1, 2009
provided by
For most people, each and every day involves some type of financial decision. So how do you feel about your financial decision-making skills? If you think you are making sound choices, ask yourself this: Have you weighed the consequences of your choices against their apparent benefits? In many cases, the answer is no. 

 
Withdrawing From Your 401(k) or Retirement Savings to Pay Down DebtAdvantages: If you have a big debt to pay off, you may choose to either put off contributing to a retirement or savings fund, or to withdraw money from an existing fund. The … (1 comments)

5 Ways to Make Your Nest Egg Last a Lifetime - 10/02/09 12:18 PM
RISMEDIA, September 26, 2009-(MCT)-Back in the good old days, before the crisis of 2008-09, many experts suggested that all you needed to do was withdraw 4% per year, adjusted for inflation, from your nest egg. That strategy, experts said, was a near-guarantee that your nest egg would last a lifetime. 
Well, go tell that to the guy selling apples and pencils on the street corner. Yes, conventional wisdom has proven to be more conventional than wise. And now everyone is trying to figure out the best way to turn a nest egg into an income stream that will last throughout retirement. And … (2 comments)

Treasury Says Millions More in Foreclosures are Coming; Are You Ready? - 10/02/09 12:16 PM
RISMEDIA, September 17, 2009-According to recent announcements by the U.S. Treasury Department, another wave of foreclosures is on the way in 2010. For over a year, now, we've been digesting foreclosures and distressed properties and it looks like we'll all be doing it for another year or so. It's too large a market segment to ignore: in some parts of the country, distressed properties account for about 65% of sales these days. While some agents sniff imperiously and decline to partake in such unpleasant things as foreclosures, short sales, and Bank Owned Properties, others are laughing all the way to the bank. 
… (0 comments)

 

Amy Cordell

Benton, KS

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Waite Real Estate Professionals

Address: 120 N. Main, Suite 9, El Dorado, KS, 67042

Office Phone: (316) 322-7653

Cell Phone: (316) 390-1306

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Full-time Realtor serving the Butler County, Kansas area! Whether you're buying or selling, be sure to give me a call!


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