So as I sit at home every evening and watch the news saying that the country is possibly heading for a second recession, one thought goes through my head “Here we go again”. For the past 3 years our local market has a roller coaster of activity up, down, down, down, up, down! The Little Rock Metropolitan area which includes: Benton, Bryant, Little Rock, North Little Rock, Maumelle, Mayflower, Conway, Cabot, Jacksonville.
What is going on currently…. Well in talking with my trusted … (3 comments)
So I was at a meeting at one of my local banks on Friday, and brought up how low the interest rates are. My lender said that they were swamped with refinances but had very few new loan applications…. Which to me is crazy…. With Rates at an all time Historical Low…. (Click Here to Get my Lenders Contact info!) 15-Yr Conventional - 3.25% 30-Yr Conventional - 3.875% 15-Yr FHA - 3.25% 30-Yr FHA - 3.75% 30-Yr VA - 3.75% 30-Yr RD - 3.75%
Thinking about owning your own home, but you just do not have the money to cover the down payment required by the bank? Well this information might help you a little bit. The day of the easy 100% financing is gone, but if you really want to purchase a home and are willing to do a little extra to get that dream of home ownership then keep reading. Now days there are no true 100% FINANCING, but there are grants out there for … (1 comments)
To Buy or Rent - Now's the Time to Follow the American Dream
With home prices dropping, minimal interest rates and the cost of rental properties on the rise, now may be the time for renters to seriously consider buying a house. When the housing bubble burst in 2006, the cost of buying a house was considerably higher than renting that same house in most areas. Today, the opposite … (0 comments)
first time home buyers: Do You Receive the Homestead Tax Credit? Do you know what the Homestead Tax Credit is?
- 07/01/11 06:11 AM
YourExitRealtor You know every time I go to sell a house or list one, I always ask my clients do you receive or know about the Homestead Tax Credit you receive as a Home Owner? Most of them barely know what I am talking about! Well I would like to explain to all of you about the Homestead Tax Act of 2000, and what it means to you and how much you pay in Property Taxes. Any Primary Home Owner: Homeowners in Arkansas may receive up to a $350 property tax credit on their homesteads. Eligibility for the credit is confined to … (3 comments)
RISMEDIA, April 4, 2011-As the cold temperatures become a distant memory, and the spring selling season gains momentum, consumers have come to agree on one thing-now's a good time to get off the fence and into the real estate market. This is the overall theme in the latest American Express Spending and Saving Tracker survey, a monthly survey that tracks the spending and saving habits of consumers in order to get an indication of what's happening in the market. "This month's Spending and Saving Tracker provided an … (2 comments)
So I asked my friends on Facebook what they wanted me to talk about and I had someone ask, " How do i get started buying a home?" Well Kara, Here is what i would do to get started. The biggest misconception about buying houses is that you have to start months and months ahead of time... That Myth is so not true.... Step 1 I would go meet with a lending institution or bank of your choice and get a Pre-Qualification Letter. This letter states, what … (0 comments)
So i read the Wall Street Journal article detailing the top 10 Reasons to Buy a House. And i have to say i agree and Disagree with certain parts of this article. As you may hear everyday on the National News the Housing market takes another hit in Feburary. Well I am Hear to Testify to the opposite for Central Arkansas. National News said the U.S. Housing market took the biggest hit in NAR (National Association of Realtor) Recorded history. Well that might be true for a … (0 comments)
If you are like a few of my clients, You see a Foreclosure as a chance to get a really good deal on a house. So my question is what do you do with a foreclosure once you purchase it? Well hopefully you Had a home inspection which I myself as YourExitRealtorhighly recommends on any home. I would study the home inspection and make a plan of attack. What do you the buyer have to do to make the home livable? (if it is not) Every foreclosure is … (0 comments)
www.realtor.com Posted an article about rising home sales for the 3rd month in a row across the country. Sales in Central Arkansas haven't not been as lucky... Home sales here have dipped slightly but we expect the trend to catch on this spring. First time home buyers would be crazy not to take advantage of this down market. Sellers are more apt to pay closing cost and reduce the sales price on existing homes. Rates are still great.. There are plenty of programs out there that will help with Closing Cost and or Down Payment. I … (0 comments)
first time home buyers: Get in while the getting is Good...
- 02/21/11 06:42 AM
I saw this and thought some other people ought to read this if they are on the fence about buying a house in todays real estate market... If this article interest you please go to www.yourexitrealtor.com and start your search today for houses in the Central Arkansas Market... As i have been saying all along is that the housing market can't be beat right now.. We have the best housing prices in 10 years and the best interest rates in HISTORY... So don't hesitate to purchase now...
Get in while the Getting's Good - Why Buyers and Sellers Should Take … (0 comments)
first time home buyers: Now is the Time to BUY!! Why are buyers waiting?
- 01/14/11 03:21 AM
With Interest Rates Low, and good deals on the Market. Why are the buyers waiting? After talking with some of my potential clients about purchasing their first home, i have heard some startling objectins to why they are hesitant to purchase a home? Buyer: The media says we are still in a slight recession and i just dont think purchasing a house is right for us at this time. YourExitRealtor: Now is the perfect time to purchase your first home, Interest rates are at a Historical LOW! I have had clients lock in at 4.00% we haven't seen rates that low … (2 comments)
What does this down turn in the economy mean for the local housing market?
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