first time home buyer: Buyers Beware - Homes Are Flying Out The Door (well almost) In My Area! - 06/21/10 01:34 PM
Yes, it is true. Properties are going into escrow in less than 7 days.
Couple weeks back, I walk into a Broker Open House on 2385 E. Woodlyn in Pasadena, CA. Very attractive Mid-Century home in the NE area. I jumped with excitement; perfect for my client. I tell my client to see the house. I call the office for the status and it was IN ESCROW. By the Open House ended on Sunday, an offer was accepted.
Last week, 484 E. California #43, a stunning looking condo in Madison Heights area of Pasadena, CA came on the market. After the Broker Open … (2 comments)
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first time home buyer: First Time Home Buyers - Are You Ready To Buy Now? - 06/04/10 08:22 PM
Values have declined close to 33% from the 2nd quarter of 2006 through April 2009. The low interest rates, lower home prices, tax perks and long term advantages of homeownership have first time buyers bouncing off the fence to check out the housing market.
Even though the real estate market wiped out many housing wealth through November 2009, there are advantage to own a home. If enough equity is gained in the home, you could borrow from the home for special needs (college, retirement home, etc.) There is also federal tax advantage which makes the home mortgage debt less costly than … (0 comments)
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