home buying: Will Rising Mortgage Interest Rates Hurt the Real Estate Market?
- 03/20/14 06:52 AM
It's no secret that mortgage interest rates are going to rise this year, probably sooner than later, but will that hurt the real estate market? Many of todays home buyers have never seen a 12 or 14 percent interest rate except on a credit card, but there was a time not that long ago that this was normal. Home buyers have been extremely fortunate over the past several years to see mortgage rates at all time lows. That cannot last forever, so as the economy grows rates will rise. Not to an outrageous level, but the days of 4% are in … (3 comments)
home buying: Let Us Sell Your Home...The Right Way
- 02/26/14 10:08 AM
Not a day goes by recently that I haven't read about someone in the real estate business getting ahead of the competition by CHEATING. This is extremely disturbing to me because our team works hard every single day and abides by all the rules. Not just some of the rules or the rules that are easy to follow, but ALL the rules. Even the rules that help our competitors get the listings we are trying to get. That's just the way we do business, above board all the time. This has become increasingly frustrating because it seems we are being left … (3 comments)
home buying: Having an Open House today. Will it Work??
- 02/22/14 10:30 PM
My team is hosting 2 open houses today and I'm wondering what kind of activity they will see. I really think that open houses are a necessary evil, but I have never had much luck with them. I usually see a couple nosey neighbors or no one at all. Does anyone have any tips to liven up an open house? Or a way to attract more buyers? I hate having agents feel like they wasted their time to sit at an open house for two hours on a Sunday afternoon. … (6 comments)
home buying: What to Look for When Searching Real Estate Online
- 02/08/14 03:04 AM
Studies show that 75-80% of comsumers that are in the market to purchase a home start that home search on the internet. I don't think that this is a surprise to anyone considering the number of internet marketing sites. Most real estate agents also advertise their listed properties online, so how do you know which homes are diamonds and which are just a piece of coal. Here are a few Red Flags to look for when searching properties online: 1. No Pictures-Big Red Flag-Why are there no pictures? Everyone agent should be taking photos of the property for marketing. It may … (0 comments)
home buying: This Weather is Killing Me!!!
- 01/31/14 05:46 AM
It seems I can't remember the last time we got to 30 degrees here in Baltimore. I love snow, but we have only gooten a few inches. It seems to be cold for no good reason and it's killing me. People don't want to leave their house unless they absolutely have to. Very few people are interested in looking for their new home in this weather. And what do I keep hearing from potential sellers. I just want to wait until spring. Fortunately, today there was a heatwave. It has reached the 40 degree mark. Hopefully this will continue into February … (0 comments)
home buying: Homes in Perry Hall Farms, Perry Hall, MD 21128
- 01/27/14 12:42 AM
Perry Hall Farms is a sought after community in the northeast are of Baltimore County consisting of single family homes and garage townhomes. There have only been 5 single family homes sales in the past 12 months. Prices have ranged from $390,000 to $455,000 and all have sold quickly(most in 30 days or less). This community is located close to White Marsh Mall and Honeygo Village for shopping and restaurants. Perry Hall Farms is also located close to Honeygo Run Regional Park which offers all types of recreational activities for young and old. The schools for the neighborhood are Chapel … (0 comments)
home buying: Mortgage Rates Will Continue to Rise in 2014
- 12/17/13 05:22 AM
Mortgate rates are still hovering around the 4.5% area for now, but thats not going to last. In 2014, which is only 2 weeks away, rates will rise to 5% and above the experts say. What does that mean for the home buyer? Will you be able to afford a home? Of course you will. Don't be alarmed that rates are rising. Prior to the economic collapse a few years ago, rates were 6, 7, or 8%. That has been common over a long period of time. 5% is still a great rate and not a reason to stop looking for … (1 comments)
It's no secret that mortgage interest rates are going to rise this year, probably sooner than later, but will that hurt the real estate market? Many of todays home buyers have never seen a 12 or 14 percent interest rate except on a credit card, but there was a time not that long ago that this was normal. Home buyers have been extremely fortunate over the past several years to see mortgage rates at all time lows. That cannot last forever, so as the economy grows rates will rise. Not to an outrageous level, but the days of 4% are in … (3 comments)
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