staten island real estate news: Real Estate is still the best investment for most
- 01/15/09 04:29 AM
I imagine that by now you have heard enough talk about the economy going to hell in a hand basket, and the last thing you wanted to get was another lecture from a Realtor. Well, I don't blame you one bit! Who hasn't heard that the real estate market has softened a lot? What really matters though, is where and how much. We also learned that lenders are making loans only to very qualified buyers. That is really not the case, and besides it's not a bad thing either. Banks are looking more closely at the home buyer's ability to pay … (0 comments)
staten island real estate news: Foreclosed homes are filling in the void of owner occupied listings.
- 12/06/08 02:09 AM
There was a time when selling bank owned property was a hobby to many Realtors. Almost all Realtors sold resale homes with owner occupied status. Bank property was usually a run down property with rat poison signs around the yard. But that has changed now. At our office meetings we are now holding classes on selling bank foreclosures and the pitfalls associated with them. Why? Because the big drop in listings created by the economy situation that has plagued this industry for the past year, and left many agents with little to show their clients. We now see foreclosed homes filling … (0 comments)
staten island real estate news: "Stay optimistic in STATEN ISLAND Real Estate for 2008"
- 01/07/08 06:59 AM
Since January 1, 2008 my Staten Island real estate office has been making some deals made right out of the box. Also agents are working buyers and we are getting listings too. I admit some of the sales and listings were being cultivated before years end, but it all stayed together, even with all the negative real estate news. OPEN HOUSES are starting to do well too. … (0 comments)
I imagine that by now you have heard enough talk about the economy going to hell in a hand basket, and the last thing you wanted to get was another lecture from a Realtor. Well, I don't blame you one bit! Who hasn't heard that the real estate market has softened a lot? What really matters though, is where and how much. We also learned that lenders are making loans only to very qualified buyers. That is really not the case, and besides it's not a bad thing either. Banks are looking more closely at the home buyer's ability to pay … (0 comments)
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