This is one of the best AR blogs on the extended tax credit. Thanks Tim and Julie!!

Via Tim and Julie Harris (Harris Real Estate University):

Picture 69 Here it is....the news we have all been waiting to hear.... This is reason to celebrate....the 'first time home buyer' $8000 tax credit has been extended...and....you will love this....it now includes.. MOVE UP BUYERS. Of course, there are many rule...limitations and other sticking points that you need to be aware of. But, bottom line...they have extended the credit.

Watch the CNBC Video NOW

 

 

 

 

 

 

 THE JACKSON TEAM  614.888.1000   614.431.1220

 VISIT US AT WWW.THEJACKSONTEAM.NET

 

 

This sure may my eyes and ears open up!Take time to read this great post!

Via Bryant Tutas-Tutas Towne Realty, Inc:

Social media

Social Media. How to. What to. When to. Who to.

Have you ever wondered how many Social media experts there are out there? If you do a Google search for "Social Media Experts" you get 80,000,000 results. Holy crap Batman!!

Now I'm sure this figure is waaaay off so let's say there are a million "Social Media Experts". A million people telling us.......

  • How to interact with others online.
  • What to write/post/tweet/update about.
  • When to write/interact/tweet.
  • Who to befriend, become a fan of, linkin with.

If Social Media is about interacting with each other then shouldn't we know this stuff already? Aren't we already social? Don't we interact every day?

Why do I need time to "find my voice"?

If I have to follow guidelines and advice on How, What, When and Who then wouldn't that mean I'm not being myself? Shouldn't we have learned this stuff when we were children?

Here's my advice. Be yourself. Good, bad or indifferent. Be yourself. Quit trying to fake it.

I can tell a fake from a mile away. Can you?

Bryant Tutas
Broker/Owner
Tutas Towne Realty, Inc
Licensed Florida Real Estate Broker
http://CentralFloridaShortSales.com

http://ShortSaleSuperStars.com

Are you a Florida REALTOR(R) looking for a change? Check it out.

CENTRAL FLORIDA REALTOR(r) OPPORTUNITIES

Copyright © 2009 http://www.brokerbryant.com/ | All Rights Reserved

 

 

 

 

 

 

 

 THE JACKSON TEAM  614.888.1000   614.431.1220

 VISIT US AT WWW.THEJACKSONTEAM.NET

 

 

This is an informative post by Dean with good financial data

Via Dean Moss - Dean's Team Chicago Real Estate Team (Dean's Team - Keller Williams Lincoln Square Chicago):

The U.S. Economy is improving, despite a 26-year high in the U.S Unemployment Rate.  Interest Rates are low - less than 5% for some borrowers.  President Obama today extended the popular First Time Homebuyers Creditwell into 2010, and extended to program to include many existing homebuyers as well.

But inflation is low.  The Real Estate Market is still sluggish, here in Chicago, and across the U.S.  And the Fed, it seems, is not planning to upset the apple cart by raising rates at this time, as reported in the Wall Street Journal yesterday by reporter Jon Hilsenrath.

The reason the Fed would eventually increase their key Federal Funds Rate - the rate at which banks lend to each other overnight - would be to curb inflation.  However, at this point, inflation has not taken a foothold, despite an economic recovery in some sectors.

Currently, the Fed Funds Rate is close to zero, and many mortgage interest rates tied to it - especially rates on Adjustable Rate Mortgages and Home Equity Lines of Credit - have seen significant declines over the past year.

Alternatively, it is possible that keeping interest rates so low for an extended period, coupled with a heavy pumping of Federal Funds into the U.S. Financial System, could eventually create inflationary pressure in and of itself.

At last week's meeting of the Federal Reserve Board, the Fed elected to purchase $175 Billion in Corporate Debt issued by U.S. Mortgage Investors and Guarantors Fannie Mae and Freddie Mac.  Their original plan was to buy $200 Billion of such debt.

To date, the Fed has completed its early 2009 plan to purchase $300 Billion of securities from the U.S. Treasury.  It plans to complete purchase of roughly $1.25 Trillion in Mortgage-Backed Securities by next March.  These moves are designed to put more money in the U.S. Financial System, and encourage lending by big banks.

Is the plan achieving the Fed's desired outcome.  Some experts feel - not yet!

But low interest rates for mortgage loans, despite what seems to be ever-tightening standards for home financing - have helped spur home purchases by qualified borrowers, although not to the extent those in the real estate industry would like to see.

See our post today via BlogChicagoHomes.com.

DEAN & DEAN'S TEAM CHICAGO

 

 

 

 

 

 

 THE JACKSON TEAM  614.888.1000   614.431.1220

 VISIT US AT WWW.THEJACKSONTEAM.NET

 

 

CDPE Cass November 2009Well worth your time to go the web site www.CPDE.com. Lots of great resources there even if you are not a member. It can help you find a short sale expert for out going referrals.

 

This class had great content and marketing ideas and was worth every penny!

How many on AR have taken this class?

 

 

 

 

 

 

 THE JACKSON TEAM  614.888.1000   614.431.1220

 VISIT US AT WWW.THEJACKSONTEAM.NET

 

 

CPDE class November 2009

 

 

 

 

 

 

 THE JACKSON TEAM  614.888.1000   614.431.1220

 VISIT US AT WWW.THEJACKSONTEAM.NET

 

 

I have dabbled in short sales and have had some successes and some nightmares. Time to "D" up and get real, as I can not continue to ignore 30% of the market.

 

Lot's of good info in this class, getting ready for day 2. I suggest you visit www.cpde.com and check it out.

 

Have you taken this class, and if so, what is your opinion?

 

Are you doing short sales and are finding challenges? Let's share some information to help move this process along for all of us!

 

 

 

 

 

 

 THE JACKSON TEAM  614.888.1000   614.431.1220

 VISIT US AT WWW.THEJACKSONTEAM.NET

 

 

Clean, ready to move in home - new kitchen and bath, newer windows.  This home has been freshly painted inside & has new carpet in the upper level.  ABC Home Warranty in place.  New ceiling fans and some new interior doors.  Easy to see, quick possession.  Near Weber Rd, freeway and Como Elementary School.

 

 

 

 

 

 

 

 THE JACKSON TEAM  614.888.1000   614.431.1220

 VISIT US AT WWW.THEJACKSONTEAM.NET

 

 

In September, pending home sales have risen.  The housing market has been rebounding from the worst downturn in decades.  The volume of signed contracts to buy previously occupied homes rose for the eighth straight month in September.  Buyers scrambled to take advantage of the $8000 tax credit for first-time owners which expires at the end of November.  An aggressive federal intervention to lower mortgage rates has brought more buyers into the market..

Pending sales stats:

West ↑ 10%

Midwest ↑ 8%

South ↑ 5%

Northeast ↓ 2%

Congress is currentyl moving to extend the credit to buyers who sign a sales agreement by April 30 of 2010. Lawmakers also want to add a $6,500 credit for buyers moving into other homes as long as they have been living in their current residence at least 5 years.

With foreclosures still on the rise, an extended and expanded tax credit would help absorb this incoming inventory.

 

 

 

 

 

 

 

 THE JACKSON TEAM  614.888.1000   614.431.1220

 VISIT US AT WWW.THEJACKSONTEAM.NET

 

 

63+ acres of pasture, fields,woods, ravines & 4 ponds. Post & beam barn including stalls, utility area, loft & living quarters.  Full bath, laundry and kitchen makes great permanent residence, weekend retreat or hunting lodge. Septic & well will service additional home if needed.

Listed by Jeanie Hetzler of the Jackson Team

 

 

 

 

 

 

 

 THE JACKSON TEAM  614.888.1000   614.431.1220

 VISIT US AT WWW.THEJACKSONTEAM.NET

 

 

Renovated brick farm home with large private screened in porch.  Large eat-in kitchen with built-in cabinets.  Living room with woodburning fireplace.  Den off living room that makes a nice library with cabinetry for storage and beautiful woodwork.  Ceiling fans throughout the home.  Convenient 2nd floor laundry.  Listed by Jeanie Hetzler of the Jackson Team

 

 

 

 

 

 

 

 THE JACKSON TEAM  614.888.1000   614.431.1220

 VISIT US AT WWW.THEJACKSONTEAM.NET

 

 
 
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Joe Jackson

Columbus, OH

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Keller Williams Capital Partners

Address: 100 E Wilson Bridge Rd , Worthington, OH, 43085

Office Phone: (614) 888-1000 x 322

Cell Phone: (614) 271-4263

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