realtor: If You Are Considering Investing in Real Estate, Act Now!
- 04/02/23 11:54 AM
The current state of the economy is causing widespread concern and uncertainty. As someone who is personally affected by these challenges, I can empathize with those who are feeling the same way. Recently, I had a conversation with a banker who has noticed that many of their customers are withdrawing funds due to the latest banking scandal. Unfortunately, this is a common reaction when issues arise in the banking industry - people tend to panic and withdraw their money.
Despite the challenges we are facing, it is important to remain optimistic and proactive. By staying informed and making smart financial decisions, you … (2 comments)
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realtor: Common Home-Buying Pitfalls to Avoid
- 07/04/17 07:38 AM
Purchasing a home can be exciting, challenging, scary, and confusing. There are several common pitfalls that trip up many home buyers. Knowing what they are can set you up for greater success.
Skipping pre-approval.
Less extensive than prequalifying, your lender will take a deeper dive into your finances to pre-approve you for a loan. Checking the pre-approval box will give you a clear budget and be in your favor in a bidding war.
Making an emotional decision.
Choosing your future home can be emotional. Remember, you've set a budget for a reason, so stick to it. Don't skip the inspection or back down from reasonable demands … (3 comments)
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realtor: Don't Take Risks, Consult a Realtor®
- 01/17/17 03:30 AM
Buying and selling homes is difficult. Trying to navigate the process alone is risky. Too often, people try to act as their own real estate professional, but in the end, find it was not worth the risk. Here's why:
For Buyers
Realtors® can provide pricing information that is otherwise difficult and confusing to find with a simple internet search.
Working with a real estate professional adds a level of diplomacy to what can be an emotional experience. When you get into the negotiating process, emotions can run high. Words can be exchanged and decisions made that may later be regretted. Realtors® serve as the go-between communicator, who … (0 comments)
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realtor: 5 Reasons to Hire a Real Estate Professional
- 11/12/14 08:22 PM
Whether you are buying or selling a home, it can be quite an adventurous journey. You need an experienced Real Estate Professional to lead you to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO.
The 5 Reasons You NEED a Real Estate Professional in your corner haven’t changed, but have rather been strengthened due to the projections of higher mortgage interest rates & home prices as the market continues to recover.
1. What do you do with all this paperwork? Each state has different … (0 comments)
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realtor: Is the 2014 Spring Market the Best We've Seen in Years?
- 03/19/14 08:59 PM
Rising prices, low inventory point to a seller's market
Rising home prices are bolstering seller confidence, fueling rapid growth in the number of homes for sale in many markets in February, according to a report issued by realtor.com today.
Median list prices were up 7.6 percent from a year ago in February, to $199,000, and the inventory of homes for sale rose 10.1 percent, to 1.74 million. In other words, there were 160,000 more homes for sale than the same time a year ago.
Out of 146 markets tracked by realtor.com, 99 experienced annual growth in listings, … (1 comments)
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realtor: Increasing Inventories Reflect Market Improvement
- 08/31/13 11:11 PM
Several different factors can indicate the health of the nation's real estate market, and one of these is housing inventories. When inventories are low, there are fewer homes for sale, which results in less selection for prospective buyers and more competition for sellers. This is currently not the case for many areas of the country.
In fact, home inventories recently reached their highest level in more than a year, suggesting that market fundamentals continue to be strong and that housing supply in many markets is gradually catching up with housing demand, according to the National Association of REALTORS®.
Other market reports, … (0 comments)
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realtor: Exterior Replacement Projects Provide Biggest Return
- 03/04/13 08:21 PM
on Investment for Homeowners, Say REALTORS®
Homeowners looking for the most return on their investment when it comes to remodeling should consider exterior replacement projects. According to the 2013 Remodeling Cost vs. Value Report, REALTORS® rated exterior projects among the most valuable home improvement projects.
“REALTORS® know that curb appeal projects offer great bang for your buck, because a home’s exterior is the first thing potential buyers see,” says National Association of REALTORS® President Gary Thomas. “Projects such as siding, window and door replacements can recoup more than 70 percent of their cost at resale. REALTORS® know what home features … (0 comments)
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realtor: As Inventories Shrink, So Do Seller Concessions
- 02/08/13 09:57 PM
With inventories down and prices up, sellers are ending the costly incentives they have been forced to offer buyers during the six-year long buyers’ market. Concession-free transactions make deal-making simple on both sides of the table.
There’s no better gauge of the onset of a seller’s market than the demise of concessions that were considered essential to attract buyer interest just a few months ago. The National Association of REALTORS®’ December REALTOR® Confidence Outlook reported that the market has steadily moved towards a seller’s market with buyers more willing to bear closing costs, in some cases paying for half or … (1 comments)
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realtor: How to Lead a Refined Real Estate Search
- 12/12/11 11:18 PM
Purchasing a home, especially if it is your first time, can be an extremely stressful and complicated process. It is easy to get overwhelmed by your choices and the many steps it takes to get the deal closed and the keys in your hands.
1. Get organized. Before you start your search make a list of “must-haves” for your ideal future home. Try not to go overboard but include attributes that aren’t negotiable, like the number of bedrooms and school district you want access to.
2. Attain pre-approval from your lender. Pre-approved buyers are less likely to experience … (1 comments)
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realtor: Make cost-effective home improvements Outshine the competition with key fix-up work
- 05/19/11 12:23 PM
Imagine walking into an important job interview looking like you just dragged yourself out of bed. You'd be unlikely to make a good impression and diminish your chance of securing the job.
The same goes for selling a home. First impressions are lasting. Some buyers won't even look at the inside of a listing that doesn't have good curb appeal.
Today's buyers are picky. There is no sense of urgency in the market, so buyers are holding out for the best home they can find that will work for them for years to come. In some areas, there are a lot … (3 comments)
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realtor: 4 Signals It Might be Time to Buy (vs. Rent) Your Home
- 04/28/11 08:42 AM
To rent or to buy: what used to be a given – that you would buy a home as soon as you could afford to – has become an agonizing conundrum for many a would-be homebuyer, in the face of the housing market’s big bust and super-slow recovery. Low prices seem to create a wide-open window of opportunity, but they also create the concern that prices will keep falling after closing. And that Catch-22 has hundreds of thousands of buyers-to-be stuck on the fence.
Fortunately, there are handful of life, mortgage and local market signals which indicate that the time *might* … (0 comments)
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realtor: To Buy or Rent – Now’s the Time to Follow the American Dream
- 04/25/11 12:02 AM
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, according to HouseSavvy, a premier real estate and relocation organization headquartered in Massachusetts.
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 is true in many states, particularly those hit hardest in the housing crash—namely Arizona, California, Florida and Nevada and right behind them, Illinois, New York and New Jersey.
Rental cost has remained … (2 comments)
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realtor: First-Time Home Buyers Prepare for Best Buyer’s Market in Recent History
- 03/23/11 03:57 AM
While affordable housing prices, ample inventories, and historically low interest rates signal ‘buyer’s market’ for investors or move-up buyers in many U.S. markets, inexperienced first-time buyers may not know if the time is right to make a move into real estate.
“It’s not about timing the market. It’s about time in the market,” says Steve Berkowitz, chief executive officer at Move, Inc., a leader in online real estate. “Once you know how long you expect to own a home, look at the historical value performance of properties in the neighborhood. Be confident about your own job security, down payment resources and … (0 comments)
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realtor: Home Sellers Fare Better in Getting Their Homes Sold Using a REALTOR®, According to HomeGain Survey
- 02/25/11 02:28 AM
HomeGain.com, a leading online real estate resource that connects home buyers and sellers with real estate professionals, announced the results of its For Sale By Owner (FSBO) vs. REALTOR® survey. HomeGain surveyed over 1,000 homeowners asking whether they used a REALTOR® to sell their home or whether they attempted to sell it themselves. Eighty-three percent said they used a REALTOR® to sell their home and 17% said they tried to sell their home on their own.
Fifty-nine percent of homeowners that used a REALTOR® to sell their home were successful vs. 39% of FSBO’s, reflecting a 50% higher closing rate for … (0 comments)
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realtor: So You Want to Sell Your Own Home?
- 12/15/10 10:26 AM
FSBO, or For Sale by Owner, has become a popular topic in real estate. Five years ago when homes were selling in a week, it wasn't hard to get a contract and close within 30 days. Today, professional realtors spend hundreds in advertising, countless hours negotiating and stay up late to oversee the transactional details.
It is still a challenge to sell a home these days.
A homeowner can sell their own home but they need to have a few tools in their back pocket and lots of knowledge. They should also know when they're at the point that they need … (0 comments)
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realtor: Choosing a Short Sale Realtor
- 12/12/10 10:03 AM
As short sales become less of an anomaly and more of the norm, sellers have a lot more work on their hands than just getting their home listed. Needless to say, not just any real estate agent will do—you want an experienced realtor who knows the short sale market and preferably has closed a few successful ones. But what makes a good agent different from the bad? Here are some questions you should ask to see if a realtor is right for you.
Do You Work Full-Time?
Many agents keep their day jobs and are only in the real estate business … (1 comments)
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realtor: Do Not Let a Bad Economy Stop You From Selling Your House
- 12/12/10 09:51 AM
When promoting a home, the concept is to prevent synonyms competitors and conventional fixer-up starter homes. To conquer this, a vendor must understand what the competition is and how they can make their home stand out from the rest.
To do this, we need to understand what the foreclosure and short sale processes. Additionally, know the pros and cons of foreclosures. This knowledge will help you differentiate yourself from other sellers. First understand that both short sales and foreclosures have advantages that buyers love. They are cheap and in a bad economy, that is the first thing potential buyers look at. … (1 comments)
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realtor: Tips for Selling Your New Castle County, Delaware Home for Top Dollar!
- 12/07/10 03:10 AM
Working to get your New Castle County home ship-shape for showings will increase its value and shorten your sales time. We have provided our Top 6 Tips for Selling a Home in New Castle County below for you: 1. Contact a Local Realtor to Walk through your home. Having a local Realtor do a thorough walk-through of your home will greatly help you prepare your house before it is placed on the market to help ensure a greater home sales price for you. We always recommend to use a local Realtor, out of area Real Estate Agents generally may not know … (1 comments)
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realtor: YOUR PLACE TO CALL HOME: Now more than ever you need a Realtor
- 12/05/10 02:17 AM
How tough can it be? All a Realtor does is put the listing on the Internet and stick a sign in the yard. You can do that and save a lot of money.
Several times during the past year, as my predecessors did before me, I have written about how important it is to have a Realtor by your side to sell or buy a home. A national survey of recent home buyers and sellers shows that home sellers across the nation agree in record numbers.
The 2010 National Association of Realtors Profile of Home Buyers and Sellers was released in … (0 comments)
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realtor: 7 Must-Have Apps for Your Smartphone
- 08/27/10 07:40 AM
From faxing on-the-go to creating property "reminder" tours, several new applications for smartphones aim to help improve your efficiency while away from your office and impress clients. James Dwiggins, chief strategy officer with Realty World Northern California and Nevada, provided dozens of mobile application and Web site ideas to attendees at Inman News' Agent Reboot on Wednesday in San Diego. Agent Reboot is a series of one-day conferences nationwide that highlight the latest marketing and technology trends. Among some of the apps Dwiggins highlighted included: 1. Gist: Pull together all your contacts from your address book, inboxes, and social networks to … (1 comments)
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The current state of the economy is causing widespread concern and uncertainty. As someone who is personally affected by these challenges, I can empathize with those who are feeling the same way. Recently, I had a conversation with a banker who has noticed that many of their customers are withdrawing funds due to the latest banking scandal. Unfortunately, this is a common reaction when issues arise in the banking industry - people tend to panic and withdraw their money. 
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