ILM Realty Blog

Real Estate Broker/Owner - ILM Realty
Remember the basic fundamental rule that we all learned about investing? Buy low, sell high. Was the rule, "buy at the lowest point, and sell at the highest"? No. Why not, because market timing is pretty darn near impossible. The only was people time the market right is via luck, a crystal ball, ...
Over the 5 years from 2001 - 2006, did you ask yourself, "if only I bought this properties back then... they were so cheap!" I do not know if any of us has a crystal ball anymore, but I believe we are nearing a bottom. The amount of land we has is constant and more people are moving into the US t...
I'm not sure who's seen it, but there is a good report out there from Remodeling Magazine which shows the 2007 average ROI on projects. I'm curious, with all of the changes in the market and home prices this year, how is anyone going to calculate something like this? Nationwide, a wood deck offer...
The foreclosure situation continues to loom. RealtyTrac has published its latest numbers, adding to the doom and gloom which is hanging over the real estate industry. The media makes it hard to get us out of things. If we want to change things, we need to start thinking they are changing. That's ...
Here are a few facts just published about housing in the greater Hartford, CT area. These facts have been published by GHAR (Greater Hartford Association of REALTORS) Year-over-year house inventory has gone up by 7%. Year-over-year housing prices dropped 3.53% from $255,000 to $246,000 Year-over-...
In times like these, many people want to understand things like foreclosures and short sales. Here is some information to help people understand more about HUD homes What is HUD? HUD stands for Housing and Urban Development. The mission of HUD is to "promote adequate and affordable housing, econo...
Here's a quick reference guide for top 10 things you want to make sure your home inspector covers for you.On/off switches for furnaces, air conditioners, etc.Pilot light on hot waer heaters, overs, furnaces, etc.Electric panel - Fuses or Circuit Breakers?Main water shut-off controlsFoundationFloo...
Here's a few quick tips when deciding on evaluation criteria for your next home...How well are other homes in the area maintained?Look around the community - are there signs of others doing things that you like to do?Look for signs of children - whether you want them or not, it's good to see what...
The short answer is that it doesn't affect it too much. When looking for a mortgage or auto loan, credit score treats all inquiries made in any 14 day period as a single query.Another point worth noting is that credit scores do not factor in inquiries for these types of loans if they have been ma...
I have been talking to eveyone I know about why now is a great time to buy real estate. It's simple... There's a ton of options out there as inventories sit and wait to be soldSellers are more flexibleInterest rates on mortgages are still really low. Prices have softened. Are we at the bottom yet...

Stacey Brown

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