4.5% Interest Rates Hooray - 12/04/08 10:56 PM
Maybe. There is no doubt that if the government plan leaked Wednesday night becomes reality it would spur some home buying and reduce some of the inventory that is hanging out there. However, the question is, would it also cause some unintentional consequences in the long term or the short term for that matter.
I always get a little nervous when the government tries to save us. I often compare government intervention to those wonder drugs that they advertise on TV. They have super happy people doing happy things under a great tag line while they monotonously insignificantly read off the … (1 comments)

Should I offer a carpet allowance? - 12/04/08 11:27 AM
You should only do this if 1) You really want to help out the Buyers' of your home because you are going to be giving them a great deal as I will explain later or 2) You have way too much money assuming the phrase too much money describes a real situation.  Now you should not feel bad if you thought this was a good idea.  I hear it all the time and the idea is perpetuated by real estate professionals.  The multiple listing service is full of listings that say $x,xxx.00 carpet allowance. The logic seems sound.  This way they will get … (2 comments)

How much house can I afford? - 12/04/08 03:27 AM
Only you can truly answer that question.  As you look at the prospect of a home payment it may seem quite daunting but here are a few things to consider.
Home prices historically have risen about 6% a year.  Meaning the home you are purchasing may be one of the best investments you make and as your investment grows you are able to enjoy the comforts of your home as well.
 The primary vehicle to retirement security for many has been their home.  The US savings rate has steadily declined from almost 10% in the 1960s to zero in this decade.  … (11 comments)

 

Joel Garcia - Realtor, Your Oklahoma City Real Estate Expert

Oklahoma City, OK

More about me…

Paula and Company Realtors

Office Phone: (405) 722-7500

Email Me

a.ovalbutton{ background: transparent url('http://www.paulaandcompany.com/images/blue_circle.png') no-repeat top left; display: block; font: normal 34px Tahoma; /* Change 13px as desired */ line-height: 192px; /* This value + 4px + 4px (top and bottom padding of SPAN) must equal height of button background (default is 24px) */ height: 200px; /* Height of button background height */ padding: 0px; text-decoration: none; } a:link.ovalbutton, a:visited.ovalbutton, a:active.ovalbutton{ color: #c5c5c5; /*button text color*/ } a.ovalbutton:hover{ /* Hover state CSS */ } a.ovalbutton:hover span{ /* Hover state CSS */ color: white; } .buttonwrapper{ /* Container you can use to surround a CSS button to clear float */ overflow: hidden; /*See: http://www.quirksmode.org/css/clearing.html */ width: 200px; }

This is a blog to provide information to buyers and sellers who are currently navigating the real estate market. You will find helpful information here whether you are buying a home or selling a home. If you enjoy these posts you can find more. At blog.paulaandcompany.com

HomeFinder


MLS Search


Links

Archives

RSS 2.0 Feed for this blog