todays real estate market: Time For Home Buyers to Act Before It's Too Late - 12/14/09 12:56 AM
How does one really know when to buy or sell real estate? There are many factors involved, and without a crystal ball, you can't be 100% certain! Every day, the media publicizes a lot of confusing information, and it is very difficult for the average person to know what it really means.We all know that during all of 2009 and most of 2008, in most areas of the country, housing prices have fallen, in most areas by more than 20% since the height of the market. However, many people tend to forget that the real estate market has experienced these down … (1 comments)

todays real estate market: How Economic Data & The Hype Confuse - 12/07/09 01:09 AM
                                       HOW ECONOMIC DATA & THE HYPE CONFUSEI am sure that many of you have heard that gold was a great investment, and that investors like gold as a hedge against bad economic news. Since gold is now experiencing its best year since its last peak in January 1980, it is a good time to review the reality. On December 3rd, gold reached a record high, exceeding $1,225 an ounce. A gold investor who purchased gold during the last peak at $850 an … (1 comments)

todays real estate market: SORTING THROUGH TODAY'S ECONOMIC NEWS - 11/06/09 02:39 AM
Last night, news media were reporting that they anticipated the jobless rate to rise slightly to 9.9%. At around the same time, it was announced that President Obama would today sign into law a bill that would: (1) extend unemployment benefit eligibility by up to an additional 20 weeks (meaning to a maximum of 99 weeks, if eligible- the maximum is for those 26 states where unemployment exceeds 8.5%); (2)extend and enhance the New Homebuyers Credit from November 30th until June 30th (This bill requires going into contract by April 30th and closing by June 30th). This bill will now NOT … (3 comments)

todays real estate market: EXTEND THE HOME BUYER'S CREDIT - 10/28/09 02:22 AM
As always, politicans are endlessly debating and posturing regarding the extention of the First Time Home Buyer's Credit, presently scheduled to expire on November 30th. It is interesting that there is still no extention, considering that most experts credit this Credit with reinvigorating a badly sagging real estate market. Nationally, it is estimated that home prices have now come back- to 2003 prices. The third quarter of 2009 actually showed an increase in sales, in most parts of the country.
However, there is still much uncertainty in today's economy. Polls show consumer confidence has not yet been restored, and that the … (4 comments)

todays real estate market: BELIEVE IN YOUR OWN VALUE AS A REALTOR - 09/22/09 03:30 AM
How often I hear realtors try to explain away the commission by running away from the subject! There is NO reason to hide from the fact that realtors charge commissions. How do clients and customers think we get paid? A real estate professional must be able to both confidently and competently explain his value- professional service; expert pricing; qualified buyers; state of the art marketing; convenience; and keeping his client informed. It is important today for a real estate professional to utilize the latest technology, NOT for show BUT to improve service and performance. Leads MUST be followed up immediately! Today's … (2 comments)

 

Richard Brody

Port Washington, NY

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