home sales: 6 Key Questions to Ask when Hiring a Real Estate Agent! - 10/09/14 03:03 AM
The work of a real estate agent can make or break how a prospective buyer feels about the property. Now that it's time to sell your home, you want to find the right agent to market it.
How do you find someone you can trust who will make you feel confident they can sell your home quickly for the best price possible? Here are the questions you should be asking.
Are They Licensed?
This one is the easy one. You should be working with a member of the National Association of Realtors®. It is also important that you check whether they … (4 comments)

home sales: Why a Detached Garage Can Drastically Improve Your Resale Price - 09/18/14 05:10 AM
Before you make a major structural change to your property, it is important to consider how this will affect your resale value. While there are many steps that you can take to improve your property, the addition of a detached garage may be beneficial to you and may drastically improve your resale price when you are ready to sell.
You should always first obtain customized information about how the addition of a detached garage may affect your property's value.
Adding Square Footage to Your Home:
As a property owner, you may be well aware that one of the most common ways … (1 comments)

home sales: Sellers, Beware: 5 Reasons You Might Not Get Top $ For Your Home. - 09/10/14 06:12 AM
For most people, their home is their largest asset, so they want to maximize that asset by getting top dollar when they sell. Here are a few reasons you might not get top dollar when you sell - and how to avoid them!
Selling At The Wrong Time:
From early spring to late summer is home-buying season for most people, especially those with children. Putting your house on the market during this period is when you are likely to get top dollar for it. Early fall is also a good time to list your home. Winter - especially December - is … (0 comments)

home sales: How Much is Your Home Worth in Today's Market? - 08/20/14 06:08 AM
If you're thinking about putting the house on the market, or are simply curious about its value in the current economic atmosphere, it's essential to get an honest assessment of its value. An overly inflated figure won't hold up and will only turn potential buyers away.
It's best to get a fair assessment in order to ask a reasonable price or avoid over-extending oneself when it comes to taking out a home equity loan. Consider these three key tips to get a true assessment of a home's value.
Identify Positive Features About The Home And Property:
When seeking an appraisal for … (0 comments)

home sales: Why the Terms of a Home's Sale Are Far More Important Than the Price Paid? - 08/07/14 04:16 AM
One of the most significant factors home buyers and sellers focus on when buying real estate is the negotiated sales price in the purchase contract. While the sales price is undeniably important, the reality is that other terms in the sales contract may have more far-reaching and significant effects on the transaction.
In fact, with a closer look at some of the most important terms, you will see why you and your agent should actively negotiate for improved terms rather than a lower sales price.
Closing Costs:
Some buyers and sellers will haggle over a few thousand dollars in the sales … (0 comments)

home sales: Existing Home Sales Reach Highest Level In 7 Years - 01/28/14 03:47 AM
The NAR provided great year-end news as existing home sales in December pushed 2013 sales of existing homes to a 7 year high. December's reading of 4.86 sales of pre-owned homes came in at 4.87 million on a seasonally adjusted annual basis.
Although projections had been for 4.89 million sales, the December reading topped November's revised sales of 4.82 million pre-owned homes.
December's reading showed the first gain in existing home sales in three months. NAR reported that existing home sales for 2013 reached 5.09 million, which represented a 9.10 percent increase over 2012.
More Good News: Median Price Of Existing … (0 comments)

home sales: Existing Home Sales Numbers Highest Since 2009 - 05/31/13 09:33 AM
The National Association of REALTORS reported that sales of existing homes in April reached 4.97 million on a seasonally-adjusted annual basis.
Although this reading fell short of Wall Street's expectations of 5.00 million existing homes sold, it surpassed the March 2013 upwardly revised reading of 4.94 million existing home sales. This represents a 0.60 percent increase from March to April, and a 9.70 increase year-over-year.
Low Mortgage Rates Contribute To High Sales Levels: 
Low mortgage rates and pent-up demand for homes are driving sales of existing homes, which reached their highest level since November 2009. 
Lawrence Yun, chief economist for the … (0 comments)

home sales: Housing Momentum Into 2013 - 10/30/12 09:25 PM
The home re-sales is expected to finish the year with strength.
Last month, for the fifth straight month, the Pending Home Sales Index hovered near its benchmark value of 100, registering 99.5 in September.
The Pending Home Sales Index tracks homes under contract to sell, but not yet sold, and is published by the National Association of REALTORS®. The index is a relative one. It compares today's housing market activity to the housing market activity of 2001 -- the index's first year of existence.
The Pending Home Sales Index has averaged 99.1 this year.
Among housing market indicators, the Pending Home Sales … (1 comments)

home sales: Existing home supply ticks higher to 6.6 months - 07/22/12 11:32 PM

Home resales slipped more than 5 percent last month, putting a damper recent housing market enthusiasm.
According to the National Association of REALTORS®, Existing Home Sales fell to 4.37 million units in June 2012 on a seasonally-adjusted, annualized basis. This is 250,000 fewer home sales per year as compared May's figures which NAR has revised 2 percentage points higher.
The pace at which homes are selling has slowed, too. As compared to May, the Existing Home Supply rose 0.2 months. At the current pace of sales nationwide, the national home supply would now be exhausted in 6.6 months.
A home supply of … (1 comments)

home sales: More Positive Data From The Housing Sector: Existing Home Sales AND New Home Sales Rise. - 06/01/09 11:21 AM

As this week's signal that homebuyers are returning to the market, both Existing Home Sales and New Homes Sales posted improvement versus month-prior figures this April.
According to the National Association of REALTORS, the number of Existing Home Sales rose by 130,000 units in April.
New Home Sales rose by a modest 1,000 units in April.
As a twist in the story, however, although sales activity is rising, the available housing inventory is rising faster. 
Versus March 2009, there were 300,000 more homes for sale in April -- an increase of 9 percent.  In addition, the "housing supply" rose to 10.2 months, … (0 comments)

home sales: Monthly Home Sales Rise 230,000 In February 2009 - 03/24/09 01:51 PM
Each month, the National Association of REALTORS® releases a study called the Existing Home Sales report.  It's a detailed look at "used" home sale data from all four regions of the country.
Among the key findings of each Existing Home Sales report is something called the "median sales price", the statistical price point at which half of the homes in the U.S. sold for more, and half sold for less. 
Last month, the median sales price in the United States fell to $165,400, down 15.5 percent from a year ago.
Nevertheless, just because the median sales price is lower from last year doesn't mean … (0 comments)

David Kosmecki (American Pacific Mortgage)

David Kosmecki

Ramsey, MN

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American Pacific Mortgage

Address: 20965 South Diamond Lake Rd, Rogers, MN, 55374

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