Here's What the Market Is Doing Today. - 02/26/09 05:17 PM
Here's some great information that I received today from Biran Fedderke at National City Mortgage.  I found it very informative and thought you'd like it too.  If you have questions his contact information is at the bottom.
HERE IS WHAT THE MARKET IS DOING TODAY 
Current Trend Direction: Sideways to Lower  
Risks favor: Floating with prices just above support   
Current Price of FNMA 4.5% Bond: $100.22, -9bp  
The unemployment line is getting even longer...Initial Jobless Claims rose 36,000 last week to 667,000, worse than the 625,000 expected and the highest level since October of 1982.  The number of people … (0 comments)

Defiance, Ohio Market Stats 2/19/09 - 02/19/09 10:40 AM
Below are the market statistics for today.  Things are getting a little more active in people looking, but we still have a large inventory.
 
Today is February 19, 2009Here are Today’s Market Stats Active Listings: 273New Listings: 5Price Changes: 6New Pending: 1Total Pending: 12Solds: 0Contingent: 21Withdrawals: 1Expireds: 2
… (0 comments)

$8,000 First Time Home Buyer Tax Credit - 02/18/09 05:30 PM
With the signing of the American Recovery and Reinvestment Act 2009 by President Obama on Tuesday in Denver the prospect for first time home buyers to cash in continued.  The new act continues a tax credit for first time home buyers, that is people who haven't owned a home in the past three years, and in fact increased it.  Below is a description posted by the National Association of Realtors. The bill provides for a $8,000 tax credit that would be available to first-time home buyers for the purchase of a principal residence on or after January 1, 2009 and before … (0 comments)

GMAC Convention and Cruise - 02/17/09 02:40 PM

 
 
I'm sorry for the delay in writing for the last week or so, but I was at our annual conference for GMAC Real estate and this year they decided to take a cruise to Cozumel, Mexico and Belize City, Belize. It was a great trip to relax and learn some new stuff and get ready for a new year in real estate. I'm excited about the future of GMAC and some of the changes that are going on. I thought that I'd give you a little taste of what we were able to experience this past week. Above … (1 comments)

Market Stats for the week of Feb. 1 through Feb. 6, 2009 for Defiance County Ohio - 02/06/09 11:20 AM
Here's the wrap-up for the week as of 12:00 today.  It looks like the market is starting to chug forward a little as  there 4 new homes pending closing and 20 that are contingent.  The stats show there are several new listings, but some of those are the expireds that have renewed their listings.
 
Today is February 6, 2009Here are The Market Stats for the Week of Feb. 1- Feb. 6Active Listings: 273New Listings: 15Price Changes: 12New Pending: 4Total Pending: 9Solds: 2Contingent: 20Withdrawals: 0Expireds: 29
 
Here's a picture of a new listing I have this week.  It's a 3 … (0 comments)

FREE ebook: Great For First Time Buyers- Free To Use - 02/06/09 10:32 AM
 
"What do I do? I'm not quite sure how to go about this.”~The number one question I hear when helping people buy a home.I’ve written an ebook to answer that question.
 
Buying a Home In Today's MarketWhat Everyone Should Know Before They Buy a Home
 
Here are some of the things you’ll learn:
 What steps do you need to go through in order to buy a home and in what order?  How do you position yourself to save THOUSANDS of dollars when you buy a home?  What are some the advantages of using the services of a real … (0 comments)

Today's Market Statistics - 02/03/09 11:01 PM
Here are the statistics for today:
Today is February 3, 2009Defiance County InformationActive Listings: 270New Listings: 5Price Reductions: 4New Pending: 1Total Pending: 8Solds: 0Contingent: 21Withdrawals: 0Expireds: 0
 
Also, I was able to get a new listing today at 624 N. Main St. in Hicksville, Ohio.  It's a forclosure and in in need of some help, but not so much that it wouldn't make a good investment property or cheap living.  Here's a picture.
 

… (0 comments)

Weekend Statistics - 02/02/09 09:22 AM
Here are the statistics from this weekend in Defiance County. 
Today is February 22, 2009Defiance County InformationFrom the WeekendActive Listings: 274New Listings: 3Price Reductions: 0New Pending: 0Total Pending: 7Solds: 0Contingent: 16Withdrawals: 0Expireds: 28
 
There were a lot of expired listings this weekend, but those stats are a tad bit deceiving.  About half of them were from a group of lots in one neighborhood being sold by one individual.  We still have an abundance of active listings and market pressures are keeping prices low.
 
Now that we've made it through the Holidays, the new year and the installment of a … (0 comments)