real estate: Market Trend Update!
- 10/23/08 08:44 AM
As always I am continously reading about the market and keeping up with stats. The most important thing to me is not what is being blastered on the front page of the newspapers or said on the news. I want hard facts, in which I always wanting to update everyone around because the real estate market has a 50 year history of building the wealth of homeowners. So good news from CAR market report, California in January, 2008 had a 16.9 month supply of homes and now as we speak we have a 6.7 month supply. Which means in January it would (0 comments)
real estate: DON'T MAKE ONE OF THE TOP 10 MISTAKES!
- 10/17/08 06:02 AM
Buying a home can be an exciting but yet a scary experience, especially when it is your first time. So I decided to touch that subject today. I wanted to share with you what the top 10 mistakes are and how to avoid them. MISTAKE No. 1: Making an offer without being pre-qualified. Getting a pre-qualification makes life and the process much easier. Always take the time to speak with a trusted lender. If you don't know one, ask. MISTAKE No. 2: Not Having a Home Inspection. This is not the place to try and save money. A qualified home inspector (0 comments)
real estate: SALES ARE UP!
- 10/15/08 04:58 AM
During the mist of all this controversy in the daily news regarding the bailout and talks of recession. I fall back onto statistics in the housing market. Are people buying? Good news, the pending home sale index is up 7.4 percent according to current data published and up 8.8% up from August of 2007. California was listed as an area where strong homes sales are occurring. Is the glass half empty or half full?
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real estate: MORTGAGE BAILOUT?
- 10/14/08 04:33 AM
This is a topic I think is up in the air for alot of people. I feel the uncertainity from people everyday and everyone asks, what is going to happen. There are daily changes happening in the real estate market, but many felt it needed to happen. Fifty years of real estate history and we've seen this type of adjustment before. A wise man by the name of Winston Churchill said, "There is nothing wrong with change, if its in the right direction." So our housing prices were rising at a remarkable rate and many lost hope of reaching the American (0 comments)