Real estate blog entries tagged with interest rates by Richie Alan Naggar, agent & author (people first...then business Ran Right Realty )

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interest rates: BUYERS PAUSE FOR THE REAL ESTATE CYCLE - 08/16/18 02:00 PM

We forget that there are swords that cut both ways and a good reminder is to get slashed by one. What if we put something up for sale and it doesn't sell? First answer is a no-brain-er. We lower the price. What if that doesn't work? We make some curb repairs? What then if that doesn't produce? Get some good marketing going. However, what if all the collective-buyers as in BUYERS MARKET just say no! Then we have a Real Estate cycle coming to an end and getting ready to shift
NO ACTS OF GOD
In my examples given for my subject matter, we will eliminate acts … (12 comments)

interest rates: REAL ESTATE THANKS THE STOCK MARKET - 08/28/15 10:17 AM

The recent little tumble on Wall Street that has things going every which way is doing more than meets the eye. Traditionally, investors who are looking for large rate of returns and who also like to compound their earnings when they can go back and forth from the stock market to Real Estate (with slight changes or modifications) are leaving not coming. So, where are they going?
MEANWHILE...THE FED RATES
The turmoil riled the feds who wont not only wont be raising rates but have even caused even 30 year interest loan rates to dip a bit. Once again, clearly stated and for this time, Real … (9 comments)

interest rates: THE LOOTING OF AMERICA - 05/07/15 09:57 AM

Janet Yellen, the Federal Reserve Chair who is in charge of raising rates announces that they have made some really good changes to the current system so as to prevent what just happened recently. She is referring to the near meltdown and collapse of the banking systems on a global scale. What changes?
WHAT WAS IN PLACE BEFORE?
Here is where I am lost. The run on Uncle SAM's Treasury recently which was successfully looted by Wall Street, bankers and investment gurus to the tune of tens of billions of dollars that ended up going somewhere will not happen again because they now shut the barn door. My hand … (8 comments)

interest rates: SAY BUY NOW or BYE NOW - 03/18/15 07:40 AM

Well the powers that be are not confident enough about the economy to raise the interest rates and let others get a higher return on their investments so it has been decided to let them stand historically low and stay there for now. To be able to borrow large amounts of money to purchase a home and have to not pay top dollar for it is as good as it gets
PAYMENTS...KEEP THEM AFFORDABLE
When it comes to keeping monthly payments down and low, two things come to mind. Either you put down a large down payment thus reducing the amount you need to borrow … (8 comments)

interest rates: UNSOLD INVENTORY OF HOMES PLUS MORE - 08/27/14 06:47 AM

Reports are surfacing that there is currently a 3.5% inventory of homes based on the current sales pacing and reporting. Last year this time it was at a little under 3%. The industry average for a stable market in Real Estate is normally around 6%. What are we seeing here?
EVERYONE IS WATCHING
Obviously we are up from one year ago. If this is a trend, we should be up even more before the next year rolls around especially if the interests rates hold. You see we are not the only ones monitoring this subject matter. Politicians don't want to say anything until it … (4 comments)

interest rates: REAL ESTATE MARKET DYNAMICS... a contest entry - 08/05/14 07:38 AM

I keep thinking of all the people who went out in 2005-06 and purchased homes. Millions of them too! You didn't have to qualify so owning was made as simple as ordering a burger fries and a coke. Many purchasers & borrowers went even further and spent good money decorating the insides of their homes with plush carpet, ceramic tiles, window treatments and other goodies. But it didn't stop there either
THE LIFE!
Many, me included, spent tens of thousands of dollars on their backyards, remodels and pools. Landscaping, outdoor Barbecues, elaborate awnings and campfire pits. No luxury was spared in fixing up the castle...the … (11 comments)

interest rates: BUY NOW or BYE NOW - 07/16/14 08:43 AM

interest rates: LEARNING TO RIDE THE CYCLE - 05/27/14 06:21 AM

This is not a post on how to learn to ride a bicycle. NO! it is about the Real Estate cycle we are in and how glad we are to be in it. Just a few short months ago, we couldn't wait for the old cycle to leave town already. Get out and take your short sales and foreclosures with you!
HISTORY IN THE MAKING
Seeing as how we are safely in a beginning of the new Real Estate cycle, there are things to be aware of and they are profitable to know. For one thing, it is unprecedented to see interest rates this … (4 comments)

interest rates: OH GIVE ME A HOME WHERE THE BUYER MAY ROAM - 05/12/14 10:01 AM

Home, home on the range or in the city, house, condo or rental is one of mankind's favorite subjects. Food, SHELTER and clothing drives our life experience. Being able to purchase a home today for interests rates that when eventually raised will not come down again in most of our life times should be taken note of
RENT PAYMENT VS MORTGAGE PAYMENT
When a mortgage payment is the same as rent, then people start doing personal math. They try to put together down payments, clean up credit scores or look for co-signors because no one wants to miss this opportunity to pay a monthly … (3 comments)

interest rates: SENSING A MARKET SHIFT OF SOME SORT? - 05/06/14 01:09 AM

We just came out of the mother of all Real Estate cycles that devastated banks, lenders, investors, insurance companies, buyers, borrowers and sellers leaving the Real Estate wounded and dead all across the United States and even overseas too
PREY TELL?
The third leg of the stool of the United States which is Real Estate and all its related and relevant industries were knocked around and then down and stayed down for years. Brutal this Real Estate cycle was because it was manipulated by opportunists that saw and seized on a weaknesses in the systems that specifically guard against this type of failure. Government wasn't governing
HOW CONVENIENT
Remember, when the crash … (8 comments)

interest rates: INTEREST RATES HAVE THEIR OWN AGENDA - 03/20/14 12:39 AM

I read where interest rates will hold but for how long who can say? It is not to the economies interest (pun) to hold low rates nor is it normal to do so. It is an inducement to purchase and do business NOW. It is low because we needed to jump start this Real Estate cycle
THE DREAM GIANT HAS AWOKEN
We are out of the recovery stage. We are growing and the market says to sell, invest and buy all over the United States. The message is succinct the timing is now. Even foreign investors are making moves to purchase now realizing that … (11 comments)

interest rates: WHO SAYS NOW IS THE TIME TO BUY? - 03/08/14 06:04 AM

The interests rates do! Loud & clear I might add. If you don't speak interest rate fluently, then consult with a Real Estate agent right now who does. The market is holding well and some who bought just two short years ago or less have done two things that you could have done
THEY BOUGHT!
They purchased and then appreciation brought about by healthy normal supply & demand dynamics kicked in and lo and behold they have equity! This allowed some to even refinance, pull out their down payment and still lock in a low rate. Now, they are speaking Real Estate fluently
LET … (11 comments)

interest rates: PRICING AT OR BELOW MARKET VALUE - 01/06/14 11:13 PM

This may be the time to put this marketing strategy to work effectively. I have used it over the years and it gives different results depending on the supply & demand at the time. However now is a that time to activate this and get good results on both ends of the transaction
TAKING ANYTHING FOR GRANTED
Anyone who has been around a while learns about the famous saying..."In life, there are no guarantees". That means that tomorrow is just an expression not a promise and we take it for granted that it will come. So it is with anything too. Now … (9 comments)

interest rates: REAL ESTATE AGENTS SHOULD KNOW THINGS - 12/25/13 01:03 AM

Any Real Estate agent worth their salt should know what is going on in their neck of the woods, their neighborhoods to some degree. Interests rates, new construction, foreclosure activity, recent sales and future events should always be on an agents radar screen
AWARENESS WILL DO
We don't need to know everything. That is impossible to do on this subject matter as it never sits still. However, having a handle on what is going on and why that leads to intelligent conversation and smart buying or selling tactics is expected to be known.
SHAME OR BOAST?
I would on occasion run into principals and clients who have agents and when … (12 comments)

interest rates: WHAT TO EXPECT IN REAL ESTATE OR TECHNOLOGY 2014 - 12/16/13 11:55 PM

First of all, who really knows as we are often the last to know and end up being more reactive or johnny come lately's to the party or the problem. However, we can expect "change" or movement as our society, economy and the world at large does not sit still
INVESTORS CASHING IN
I am watching to see if 2014 will be the year where investors try to unload their investment products that they bought up in a cash frenzy over the last few years and during the most recent Real Estate crash. 40 to 60% of purchases were investments. Some were short term … (5 comments)

interest rates: PERFECT TIMING IN THE REAL ESTATE BUSINESS? - 08/18/13 11:58 PM

Coming as close as you can to the old tried and true saying..BUY LOW and SELL HIGH gives you a glimpse of perfect timing. Yes, there are seasons in Real Estate. Right now it is a sellers market and we just came off a buyers market. Trying to navigate successfully in the seasons and markets takes expertise, luck, experience and a good team. However, there are no guarantees in life
PLACE YOUR BET?
Perfect timing would be where investors sense their product isn't moving for top dollar and decide to lower their prices and at the same time this happens when … (8 comments)

interest rates: THERE USED TO BE A BUYER REAL ESTATE RULE OF THUMB - 07/15/13 11:11 PM

In a stable and predictable market of which I have memory of, there was a caveat given to the buyer that wanted to buy but also knew they would be moving for one reason or another within 5 years or less. It was not uncommon to point out to this buyer that you may not recover your purchase expenses in that span of time. If that fit your planning or life model, so be it. If not, it is my duty to point that out
REAL ESTATE EXPENSES
When you purchase a home, there are so many expenses large and small. … (41 comments)

interest rates: MILLIONS STILL UNDERWATER AND MANY WHO ARE FLOATING HOPE - 07/14/13 11:27 PM

Well this current little buying frenzy is to be looked at and suspected. Activate the cliche,"it is better to be safe than sorry". We just came off a cycle where everyone was duped and then dropped. Now, do you really believe we are in a full recovery and everything is back to normal? Let me remind you of the millions that are still in foreclosure, negotiating their positions or even those that chose to stay and hold on...They are not prospering in any way
CASH ME OUT
Furthermore a fellow Rainmaker and savvy individual Jon Zolsky shared that the market is … (4 comments)

interest rates: DREAM AS IN AMERICAN DREAM NOT DREAM HOME - 07/11/13 03:19 AM

It is important you see the difference between these two clearly and distinctly. The American Dream is to own a piece of America. WOW. Now that is something to accomplish. Now as to Dream home, that is when you buy the house that you always wanted and it has everything in it right there and right then. Now the American dream never goes away but the dream home needs to be looked at
WE'RE GOING DOWN!
We just came off a crash where everyone tried to create mansions or live beyond their means. That market could not hold and crashed hard … (6 comments)

interest rates: BUY REAL ESTATE BUT NOT AT ANY PRICE - 06/26/13 11:48 PM

Look, did we learn anything from the last several years? Didn't we just get a personal and up close lesson in Real Estate cycles, fraud, misrepresentation, false supply & demand and crashing? Pause here please for just a moment. I am an advocate of buying Real Estate for a long term investment. That strategy has been tested and works if you stay with it.
I WANT IN
Getting in the game is an important step. However, over paying for a property means that you will not appreciate like the person who bought at market will. Your equity position will take time … (39 comments)

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