pricing: Selling Your Home 2011
- 12/14/10 03:10 AM
Selling Your Home 2011 never at any time since the dawn of MLS, multiple listing systems has the selection of a listing agent been so crucial! This is not your father's real estate! You're not in 2006 any more! There are no ruby slippers! Clicking your heals will only lead to bruised heals! But, there are wizards! Listings are no longer successfully promoted using printed advertising like your Father and Grand Father knew. Location, location, location are the three most important words in real estate, followed closely by price, price, price, then promotion, promotion, promotion! Selling Your Home 2011 location, location, (7 comments)
pricing: Home Prices Up But For How Long
- 07/22/09 02:27 PM
Housing prices are going up! Yes, up as long as mortgages are artificially low. The question is how long can we borrow trillions for government spending programs and insulate home mortgages from rate increases! If today's average sale price is $140,000.00 the buyer with 10% down is financing $126,000 and paying 5.5% on a 30 year fix rate mortgage his P & I payment is $715.41. Assuming the buyers are buying all they can afford what will happen when the rates reflect realty? Today they can afford a $126,000 mortgage. At 8% only $97,499 At 10% only $81,522 At 12% only (12 comments)