(Taken from my recent Point2Technologies newsletter.)
How we calculate the Real Estate Confidence Index ...
Each month, Point2 surveys its members across North America to get a sense for how real estate professionals feel about their current and future market conditions.
Because Point2 Agent includes many thousands of subscribers, from every U.S. state and every Canadian province, the Real Estate Confidence Index survey gathers data from disparate areas and across many different types of markets.
Respondents are asked to rate, on a scale of 1 to 10, how confident they are in their current market, in their market in the next 3-6 months(near term), and in their market in the next 12-18 months(long term). Respondents are also given the option to add comments. Responses are purely subjective.
Once these responses are gathered, a statistical mean on the 1-10 scale is derived, and this becomes the current Real Estate Confidence Index.
Point2 typically receives more than 3,000 respondents in the U.S., covering every U.S. state, Puerto Rico and Guam. While the sample size used to determine the Real Estate Confidence Index tends to be statistically valid, it is important to note that the Real Estate Confidence Index is a purely subjective survey, and is in no way intended to be an accurate reflection of current market conditions. This survey is based on the opinions of real estate professionals across the country.
Feel free to browse my Point2Homes website at www.FindaHomeToledo.com for FREE MLS searches and loads of info.
Click on the box to view specific states. Click on the black arrows for past monthly data.
Dee Nofziger is a full time, residential real estate agent in the North Coast of Ohio, more commonly known as Toledo and Northwest Ohio. She serves the real estate needs of home owners and home buyers in Lucas, Wood, Fulton, and Ottawa Counties, among others. With nearly 3000 days of experience (she really does work 7 days a week) in Ohio real estate, Dee Nofziger is proudly licensed with Danberry Company Realtors, Northwest Ohio's largest independent real estate company. With professional relationships all over the country, Dee Nofziger is able to refer you to real estate professionals in your area who will make your home buying or selling experience the best you can imagine!
More and more homeowners are taking potential energy loss in their homes more serious. Not only are they concerned with wasting our planet's resources, but also wasting their own monetary resources.
This video provided by the National Association of Realtors gives an excellent overview of some things homeowners can do to check their home for energy loss. Some are easier than others, but all give insight to potential problems that could drain your pocketbook.
More oftne than not lately when I show homes, my potential buyers asks me, "What are the average utility costs for the property?" The local Toledo OH area utility providers are usually more than happy to give me this information when I call. If you are currently looking for a home, especially an older resale property, please don't hesitate to ask your real estate agent to get these figures for you. They are an important part of your monthly budget and should be considered when making an offer on a prospective home.
Dee Nofziger is a full time, residential real estate agent in the North Coast of Ohio, more commonly known as Toledo and Northwest Ohio. She serves the real estate needs of home owners and home buyers in Lucas, Wood, Fulton, and Ottawa Counties, among others. With nearly 3000 days of experience (she really does work 7 days a week) in Ohio real estate, Dee Nofziger is proudly licensed with Danberry Company Realtors, Northwest Ohio's largest independent real estate company. With professional relationships all over the country, Dee Nofziger is able to refer you to real estate professionals in your area who will make your home buying or selling experience the best you can imagine!
Sidecut Metropark in Maumee Ohio has had a brilliant show of color this fall in terms of foliage.
Several Sundays ago I was coming back from Bowling Green Ohio after putting new listing signs up and was amazed at all of the photo opportunities.
Literally dozens of cars were pulling over and lining the Maumee River to take photos and truthfully to simply gaze in wonderment at the beauty of it all.
It gave me goosebumps when I saw the look in all of their eyes. As they stared into the sky it reminded me of the scene in Independence Day when Will Smith goes outside on the Fourth of July to get the newspaper and wonders why all of the neighbors are staring up. In that case it was spaceships, though.
Dee Nofziger is a full time, residential real estate agent in the North Coast of Ohio, more commonly known as Toledo and Northwest Ohio. She serves the real estate needs of home owners and home buyers in Lucas, Wood, Fulton, and Ottawa Counties, among others. With nearly 3000 days of experience (she really does work 7 days a week) in Ohio real estate, Dee Nofziger is proudly licensed with Danberry Company Realtors, Northwest Ohio's largest independent real estate company. With professional relationships all over the country, Dee Nofziger is able to refer you to real estate professionals in your area who will make your home buying or selling experience the best you can imagine!
Dee Nofziger is a full time, residential real estate agent in the North Coast of Ohio, more commonly known as Toledo and Northwest Ohio. She serves the real estate needs of home owners and home buyers in Lucas, Wood, Fulton, and Ottawa Counties, among others. With nearly 3000 days of experience (she really does work 7 days a week) in Ohio real estate, Dee Nofziger is proudly licensed with Danberry Company Realtors, Northwest Ohio's largest independent real estate company. With professional relationships all over the country, Dee Nofziger is able to refer you to real estate professionals in your area who will make your home buying or selling experience the best you can imagine!
A terrific video for sellers about how to keep your home clutter-free for showings when you have children. Helpful hints and ideas to make your life easier during a sometimes stressful period. It can be very aggravating to not have a showings for weeks, and then the very day the children don't pick up after themselves ... WHAM! a SHOWING!
Dee Nofziger is a full time, residential real estate agent in the North Coast of Ohio, more commonly known as Toledo and Northwest Ohio. She serves the real estate needs of home owners and home buyers in Lucas, Wood, Fulton, and Ottawa Counties, among others. With nearly 3000 days of experience (she really does work 7 days a week) in Ohio real estate, Dee Nofziger is proudly licensed with Danberry Company Realtors, Northwest Ohio's largest independent real estate company. With professional relationships all over the country, Dee Nofziger is able to refer you to real estate professionals in your area who will make your home buying or selling experience the best you can imagine!
If you click (or cut and paste) the link below and type in the address of the property you are looking up, it will tell you if that property is eligible for the USDA Rural Housing Program. Rumor has it that they (Rural Housing) are currently out of money, but will be funded for 2010 shortly. Perhaps only weeks.
Here is the link that will allow you to put an address in to see if the property is eligible for Rural Housing Financing...it is a great marketing tool!!
This site is used to determine eligibility for certain USDA home loan programs. In order to be eligible for many USDA loans, household income must meet certain guidelines. Also, the home to be purchased must be located in an eligible rural area as defined by USDA.
(For those unfamiliar with this program, it has the capability to give down-payment grants to buyers.)
Dee Nofziger is a full time, residential real estate agent in the North Coast of Ohio, more commonly known as Toledo and Northwest Ohio. She serves the real estate needs of home owners and home buyers in Lucas, Wood, Fulton, and Ottawa Counties, among others. With nearly 3000 days of experience (she really does work 7 days a week) in Ohio real estate, Dee Nofziger is proudly licensed with Danberry Company Realtors, Northwest Ohio's largest independent real estate company. With professional relationships all over the country, Dee Nofziger is able to refer you to real estate professionals in your area who will make your home buying or selling experience the best you can imagine!
Appraisals have been the bane of my existance recently.
Since as of October 1st (in Ohio at least) appraisors have been required to be certified to perform their duties for FHA transactions, the ones who have remained standing are over-worked to the nth degree. Mistakes are being made that hurt home sellers - and home buyers.
This certification, according to a local Toledo OH appraisor, has eliminated appraisors who have been in business for 10, 15, even 25 years, if they do not possess a two year degree and do not pass a new Appraisal Certification test. Tests are fine and dandy to keep out the riff raff, but when they are designed to have only a 30% passing rate, according to my source, this also eliminates seasoned veterans who simply aren't good at "tests" after all these years.
Considering that FHA guidelines are less stringent than they were years ago, I see no reason to weed out so many in such a short period of time. The appraisors who REALLY need to be gone are the unethical ones who falsify reports - and there is no "test" to check for that (fraud), except periodic spot checks.
Check out the article below ...
According to my Ohio Association of Realtors newsletter:
... the House Committee weighs scrapping HVCC
The appraisal system imposed by Fannie Mae and Freddie Mac last May is under attack by the House Financial Services Committee and could be on its way out.
The "Home Valuation Code of Conduct" could be terminated by the proposed Consumer Financial Protection Agency under a bipartisan amendment approved by the House committee.
The amendment would require the new agency's director to replace the code with a set of rules developed through regular administrative procedures and public comment periods used by all federal agencies. The valuation code was the product of a settlement among New York Attorney General Andrew Cuomo, Fannie Mae and Freddie Mac and the Federal Housing Finance Agency.
Critics say the code created more problems than it solved and has encouraged lenders to use inexperienced appraisers who don't know the areas where they are doing the work, which is resulting in lowball valuations as well as higher fees.
The legislation under which this code would be scrapped is likely to pass the full House, but may have a tough road in the Senate.
Dee Nofziger is a full time, residential real estate agent in the North Coast of Ohio, more commonly known as Toledo and Northwest Ohio. She serves the real estate needs of home owners and home buyers in Lucas, Wood, Fulton, and Ottawa Counties, among others. With nearly 3000 days of experience (she really does work 7 days a week) in Ohio real estate, Dee Nofziger is proudly licensed with Danberry Company Realtors, Northwest Ohio's largest independent real estate company. With professional relationships all over the country, Dee Nofziger is able to refer you to real estate professionals in your area who will make your home buying or selling experience the best you can imagine!
Pemberville Ohio in Northwest OH home for sale. Just outside of Pemberville in Wood County Ohio. Excellent Rated Eastwood School District. Many, many updates. One of my favorite laundry rooms of all time! Beautiful granite kitchen. Lovely landscaping. Call Dee today for a private tour 419-260-1435
Dee Nofziger is a full time, residential real estate agent in the North Coast of Ohio, more commonly known as Toledo and Northwest Ohio. She serves the real estate needs of home owners and home buyers in Lucas, Wood, Fulton, and Ottawa Counties, among others. With nearly 3000 days of experience (she really does work 7 days a week) in Ohio real estate, Dee Nofziger is proudly licensed with Danberry Company Realtors, Northwest Ohio's largest independent real estate company. With professional relationships all over the country, Dee Nofziger is able to refer you to real estate professionals in your area who will make your home buying or selling experience the best you can imagine!
Located just south of Haskins Ohio in Otsego school district, this home is convenient to Haskins, Bowling Green, Waterville, Perrysburg, and of course Toledo Ohio. Country charm close to city amenities and venues. Call Dee today for a personal tour. 419-260-1435
Dee Nofziger is a full time, residential real estate agent in the North Coast of Ohio, more commonly known as Toledo and Northwest Ohio. She serves the real estate needs of home owners and home buyers in Lucas, Wood, Fulton, and Ottawa Counties, among others. With nearly 3000 days of experience (she really does work 7 days a week) in Ohio real estate, Dee Nofziger is proudly licensed with Danberry Company Realtors, Northwest Ohio's largest independent real estate company. With professional relationships all over the country, Dee Nofziger is able to refer you to real estate professionals in your area who will make your home buying or selling experience the best you can imagine!
Exceptionally updated home in the heart of Delta near schools and parks. Updates: roof, furnace, CA, carpet, & kitchen. Walk-in closets in HUGE bdrms. plus walk-in cedar closet. Immaculately cared for. Tiffany glass ceiling fan in dining rm. Nice dry basement. Beautiful front porch and back patio. A Lovely Home.
Dee Nofziger is a full time, residential real estate agent in the North Coast of Ohio, more commonly known as Toledo and Northwest Ohio. She serves the real estate needs of home owners and home buyers in Lucas, Wood, Fulton, and Ottawa Counties, among others. With nearly 3000 days of experience (she really does work 7 days a week) in Ohio real estate, Dee Nofziger is proudly licensed with Danberry Company Realtors, Northwest Ohio's largest independent real estate company. With professional relationships all over the country, Dee Nofziger is able to refer you to real estate professionals in your area who will make your home buying or selling experience the best you can imagine!
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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