Are Home Mortgage Interest Rates On The Rise? - 03/25/11 06:44 PM
According to an email I received from Steve Florio at Mortgage Family on March 24, 2011, "Mortgage interest rates reversed course this week, rising as the U.S. Treasury began selling off mortgage-backed securities and investors' optimism about the U.S. economy overcame concerns about global events." 
According to Steve's email, it appears that the focus has gone back to inflaction rather than global disasters, which is the probable cause for a rise in mortgage rates.  Many economists and analysts predict a further increase in rates while approximately an equal number predict no changes in the next few weeks.  Very few experts expect a … (0 comments)

"Mortgage Applications Up 15% as Rates and job Market Improve" - 03/17/11 09:09 PM
This news is exciting for the real estate industry.  The above is a quote from Steve Florio of ERA Mortgage.  He emailed me on March 10, 2011, "Applications for home mortgages jumped to the highest level in 3 months last week, buoyed by improvements in the job market, an industry group said on Wednesday."
With mortgage interest rates and home prices both low at the same time, what are buyer's waiting for?  I believe the time to buy is now while there is a beautiful inventory of homes with bargain prices including short sales, foreclosures, new construction and homes priced-like foreclosures.  … (1 comments)

The Only Way To Take An Overpriced Home Listing Is With Promised Reduction - 03/02/11 11:02 PM
Yes, it's true.  I do occasionally take overpriced listings even in this strong buyer's market.  However, I tell the seller like it is first.  If the seller agrees that they will reduce the price if we don't get any action in 2 weeks and an offer within 30 days, I confess I market the home at their price but only if it is staged beautifully.
I do market aggressively to get their price online, in magazines, on radio, on TV and just about everyplace that I think a buyer might go. 
I explain that there are 3 things that sell a home … (3 comments)

 
Janet Rainmaker_large

Janet Naisbitt-Bagley

Cedar City, UT

More about me…

ERA Realty Center

Office Phone: (435) 865-1019

Cell Phone: (435) 559-7772

Email Me

As a top REALTOR in the ICBOR with 25 years experience, my goal is to educate the public with information and news that is both helpful, useful, and beneficial to buyers and sellers. I do hope to share my expertise in helping clients with all real estate needs.


Listings

Links

Archives

RSS 2.0 Feed for this blog