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Blog entries tagged with "buyers market":
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers
and brokers listed on this site. These real estate profiles, blogs and
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I've had many people ask me what I think of our current housing market. Many are concerned whether now is the right time to Buy and/or Sell. When it comes to selling your home, my recommendation is to wait if you can comfortably afford to do so. The reason is that … (0 comments)
TODAY’S HOUSING MARKET
I am often asked about the Paradise real estate market conditions and whether I feel we are currently in a buyer's market. I have to tell you, this is not an easy question to answer. Reason being, you will find little consistency when asking real estate professionals and financial experts the … (0 comments)
Very interesting.
The ENTIRE United States real estate market is ON SALE!
SELECTION: The inventory out there is fantastic for buyers! Sellers are taking care of their properties, doing repairs, renovations, and figuring out they need to price their homes to SELL!
RATES: Rates are lower than they have been in years! … (1 comments)
Buyers Market?
I say now is the time to buy in Chicago. If you are a Buyer and don't yet understand what a Buyer's Market means - it means you need to do your research and start buying! Someone asked me in the Rent vs Own workshop at the Chase Legacy Tour where … (0 comments)
… (0 comments)
I am always amazed when I meet with expired listings and they tell me, "I didn't speak to my other agent for weeks on end". "Really?" I answer. What I would like to say is, "Are you kidding me?" Putting a sign in the yard, placing ads in the newspaper … (5 comments)
Inventories are up, prices have eased and interest rates remain near historic lows. Clearly, it's a Buyer's Market. So, why aren't the buyers buying?
Deciding how much house you can afford
Being an REO agent here in the Palmdale / Lancaster area I hear and see a lot of things many typical resale agents don't. Every day. Some days, just when you think you've heard everything, you realize that you can't fix stupid.
In the Fox Cities area it's a Buyer's Market, unless you're selling and then it's a Seller's Market. What if you're doing both you ask, well....perhaps it's a wash. There's no question that of late the Real Estate Market has been volatile in many ways, a virtual roller-coaster if you will. So … (2 comments)
Are we at the bottom yet? This is a question that I am asked at least a couple times a month in the last year. Well I think we are very near and here is why.The lower priced homes are selling quicker and sometimes for full price on the ones that … (0 comments)
Roanoke Valley - Virginia -Property Stats
May May April
2006 2007 2008
Months of Inventory 6.84 11.5 18.05
New Listings 1.38K 1.46K 1.44K
Sold Listings 693 547 375
Active Listings 4.74K 6.29K 6.77K
The dollar value of active listings from May 2006 to May 2007 grew 32% and went up slightly … (0 comments)
Jim Crawford, a great Active Rainer from Atlanta, Georgia, recently wrote a post that piqued my curiosity! The post was entitled 'The Price Is Right' and spoke about the equilibrium that is achieved when buyer and seller both agree on price and terms and an Agreement of Sale is reached!
Is now the best time to purchase that new home? I will give you a hint, this is a buyers market! Now is the best time buy! Buyers are now getting the best deals, with so many foreclosures on the market you may never get these deals again! Interests rates are … (0 comments)
I recently saw this question asked in the Questions area of AR.
We can all relate to the timewasters which "The Ethics Guy", Kim Spencer, touches on: "Time, it's not on our side; tick-tock, tick-tock"One of my peeves is showing misrepresented properties; the ‘one bedroom and den being represented as a two bedroom' example Kim raises wastes my time, my client's time, and … (5 comments)
Buyers, there are downpayment assistance programs that are currently available without needing to take a class to take advantage of. This is a real help for first time homebuyers, and often works with FHA loan programs.
You've heard it before. We are in a full-on Buyer's Market. But why are people so apprehensive to buy anything? Many are just sitting on the fence, unsure whether they should jump in. 
This is the voice of experience speaking... Maybe that's why so many real estate agents ask me about survivng today's market. Yes, we've had plenty of ups and downs in the real estate market since I started four decades ago. I survived them all, with varying degrees of success and profitability, and … (52 comments)
Today's rates are holding very steady with yesterdays levels. 30 Year fixed Conforming rates and FHA are currently at 5.625 give or take 1/8 of a point. 15 Year rates are both down slightly from yesterday. Conforming 15 year fixed rates are at 5.375% with FHA slightly lower at 5.125%.
According to a recent foreclosure market report, foreclosures have increased by 23 percent in national metro areas. Orlando ranks No. 13 in 2008's first quarter.Online marketplace, Realtytrac, reported 10,522 Orlando area homes were in foreclosure. That's 1 out of 81 homesThere was an increase of over 48 percent from the 2007 … (4 comments)
At lest once a week I am asked if it is a good time to buy? I do my best to to convince them the that there is no better time then right now. Is it the very bottom, no one can answer that on the exact day the market hits the bottom. … (0 comments)
I had the chance to purchase a house for $25,000 in 1976. My friend decided to sell it to his sister instead. Three years later it was worth $50,000. I finally bought a couple of years after, but found myself wishing I had bought a bunch of property "back then".
By Hernan Gleizer, Broker and CEO of Optimar International Realty.The downturn in real estate in South Florida has created an ideal buying climate for foreign investors seeking vacation homes and other investment properties in the United States. More and more savvy foreign buyers recognize the potential and value of owning and … (0 comments)
When is a lowball offer insulting? 10% less? 20% less? 50% less? And is it the percentage less than the original list price or the current asking price?Well, my answer is it depends.As a Realtor working in the north and east Twin Cities metro for the past several years, I have … (50 comments)
In terms of Denver, Colorado Real Estate, there may be a new definition to "Buyer's Market." 
United States Real Estate is a good buy for foreign buyers. 
… (0 comments)
Slow Real Estate Market.....NOT slow in Summerville and surrounding areas of South Carolina ! We here in Summerville South Carolina are DEFINATELY picking up speed. Buyers are realizing the market is PERFECT for wheeling & dealing ! Sellers are willing to negotiate. And Realtors are READY to WORK !STATISTICS for the area … (4 comments)
How do you sell houses in a buyer’s market? 
I have been very successful referring clients to agents from Active rain. I respect this community and it's ability to be "in touch" with the REAL market and pierce the dis-information campaign that the drive by media likes to dump onto the public.Ok, i feel better - i got that out of my system. Here's … (1 comments)
With the advent of online payments, credit card transactions, wire transfers and Paypal, very few carry checkbooks with them any more. However, in the world of real estate, I suggest that you bring your checkbook with you on your house hunt. 
You know that old adage that goes, "Buy when everyone else is selling, and Sell when everyone else is buying?" Okay, it doesn't go quite like that, but the point is now is a great time to get a deal on some real estate, new, old, residential, commercial, you name it.
The current buyer's market heavily favors non-contingent buyers who can close in a hurry.With no home to sell, the ideal buyer can move forward quickly and put "pressure" on the seller to accommodate the terms offered.One caution is that waiting for the price to drop on the home you have your … (3 comments)
Today is the day I say Enough is Enough!
An article from Business Week and MSNBC.com, reports that spring is traditionally the busiest time for real estate, largely because parents, readying for a summer purchase, don't want to move during the school season. With the housing slump in its third year, many buyers are reluctant to take a chance on … (0 comments)
Ever feel like the current market is like a roller coaster. Well, it is. Housing inventories have been shrinking in the Bay Area since the end of the year in spite of the significant fall off of sales from last year. Prices overall have been steadying and in the case of San … (6 comments)
For all intents and purposes, the Joliet real estate market is a buyer's paradise. As of this afternoon, there are 937 detached single family homes and 241 attached single family homes on the market. And this is in a city of approximately 110,000 people. Lots of choices out there! 
Team Benya's Monthly Market Report- P.G. County, Maryland
First Time Home Buyers take advantage of housing market 
I have been tossing this issue around. I probably have worn out my welcome with some subscribers.
I suppose it will never end, it's simply engrained in American salesmanship culture. I've just been reading the still never-ending supply of blogs and postings that are chock-full of self praise for the writer, and loathing for other agents that are leaving the business. It's sort of a "Hey, wait, you … (6 comments)
So you're waiting out the market? You're watching closely to home prices and you're waiting to strike when the market is at rock bottom hey? As a professional in the field, I may have a few things to share with you, at the very least, a few ideas about the market … (5 comments)
We have all heard that real estate market conditions can vary on a very local level. I was recently surprised to see that for certain price ranges and neighborhoods in the Atlanta Metro Area we are actually in what many would consider a buyer's market by definition. The metric that is … (4 comments)
I just finished reading an article from the National Association of Realtors stating in a receint poll 59% felt this is a great time to buy real estate.It seems if we are looking towards long term confidence we are in the right market to buy! When have we seen interest rates … (7 comments)
Yes, it is a very good time to buy a home in Rhinebeck, NY or in one of the neighboring towns of Red Hook, Millbrook or Tivoli.. What makes it a Buyer's market in our area? 1. Prices have not risen as dramatically as they have in the past years and … (0 comments)
Recently, I wrote the following piece for a friend of mine who is the creative director for an ad agency in Houston. It was the result of a conversation about how the business of marketing has changed dramatically during the past 10 years due to the internet and blogging. 
Let me guess...your home has been on the market for months. You had a few open houses and a few showings, but haven't received a single offer. Your getting very frustrated with your Realtor® who keeps telling you to lower the price, but if you do, you'll have less room to negotiate. … (13 comments)
You need to have cash or be qualified from a lender to purchase real estate. It's as simple as that. How about this? Make sure you have your financing ducks in a row before you even start looking at real estate. Why would you do it any other way? If … (6 comments)
"Housing market continues to fall", read the headline yesterday on the money page of the local newspaper. It was an AP article discussing the situation nationwide. Quoting statistics from the National Association of Realtors and economic experts, the article suggests that the real estate market is in for a really bad … (0 comments)
As a listing agent, when I have a listing priced at $182,000, why do I care that the buyer only wants to pay $165,000 for a house? I had a listing that closed a couple of weeks ago, but negotiations were a little difficult. We were listed at a very competitive $182k … (14 comments)
Recently, in the past 12 months or so the Raleigh area has had many sellers scratching their heads when they are not getting asking price and they are parting with their refrigerator, TV and other personal items written into the contract by the buyers. It is called a buyer's market and an issue associated with this, which is … (2 comments)
Spring is springing, birds are chirping and more buyers are looking for homes. Despite what much of the world says about Real Estate these days, interest rates are low and there is a lot of inventory prime for the picking. In fact, since buyers have the opportunity to cherry pick I'm … (2 comments)
Today's real estate market has obviously tipped in the favor of buyers. But what's the best way to take advantage of this leverage? One great idea that lenders have used in the past, when interest rates were high is called a "Buydown" of points on the mortgage. The chart below describes … (0 comments)
I just read an article in ezine articles that made me laugh. Obviously the guy who wrote this article have NOT met the Tampa4U Team... He asks, if it's a buyer's market, where are the BUYERS? Maybe they're right here in Tampa because all our agents this weekend showed at least … (4 comments)
Last year, I spoke with an agent who cashed twelve commission checks in 2007. Six came from listings and six came from working with buyers. He got his listings through geographic farming. He'd been farming the same area for more than two years and he was having his best year ever … (6 comments)
Is it a buyer’s market? You betcha. Are there some good deals to be had in buying a house in this current market? Absolutely. If I am serious about purchasing a home should I put in an offer of a most absurd amount and hope the seller is so desperate … (0 comments)
I was just involed in a multiple offer situation and unfortunately, my client did not have the acceptable offer. He is in a back up position but it really shows that if a seller has aggressively priced their home, they will get acceptable offers. It also begs the question, "Is this a … (25 comments)
By Gustavo Farfan
As of April 5, 2008 only 21% of available listings in Novato are in escrow.
All the media say it over and over again...it is a buyers market, but some buyers are still holding back. Heres the current stats of our market;
"Buyer's market" is a term that is thrown around more often than a baseball on Opening Day. But as frequently as the topic of Buyer's market comes up, I find that there's a good amount of misconception on the part of the consumer on how to handle this environment. 
The nice thing about keeping a paper record of my Naperville market stats is that I can spot trends quickly.
It has finally become a BUYER'S MARKET, at least in Los Angeles!!! Here are a few main reasons why this market is ideal for home buyers:
I came across a nice article today with some good tips for survival in a buyers market. It's by Craig Proctor, and you can read it by clicking on any of the links below.
It's gives me the warm fuzzies when I realize just how much of an opportunity there is for every Realtor in the business right now. We are in a real estate market where the 3P's just don't work anymore. (PUT the sign up, PUTit in the MLS and PRAY) Believe it … (0 comments)
Veteran Realtors and Brokers know that the true stability in this business comes from an agent's ability to gain listings. Even though 2003-2006 may have been an exception from this rule, it is now proving to be true more than ever. Of course there is a catch with this 2008 market: … (2 comments)
As a seller in the current real estate climate (or any market, for that matter), you know that your home's features must stand out against those of the competition. First you need to understand what buyers are looking for, and then you must decide how much money and elbow grease to … (0 comments)
Press Release; Sunday, March 30th, 2008
Let's talk timing. A buyer's market like the one we are in now is perfect for two kinds of buyers: renters and buyers who are buying up.Renters for obvious reasons: mortgage rates are low, and so are house prices. If you're renting it doesn't get much better than this.That makes sense, … (0 comments)
With all the news surrounding the current market it is easy to speculate about timing a home purchase. Assuming you are in a position to purchase a residence, understanding market trends is prudent. In every market, there is a cycle, and at any given time, the market is either going up … (0 comments)
