Dave Werth
Kvamme Real Estate
3401 S. 8th St.
Moorhead, MN 56560
I want to extend a very special and BIG WARM WELCOME to all of the email subscribers & clients. It contains tips and information that will help you stay abreast of the Real Estate Market & become more successful, both personally and professionally. The goal is to make it a quick read.
Housing on the move
The houses in the Fargo Moorhead area have been moving steadily over the past 6 months. The $8,000 stimulus package has made an opportunity for both buyers and sellers to remain in the driver seat. With the November deadline coming and the winter coming, we may predict a slowdown in housing, as a consistent year event. The houses effected by the stimulus are typically in the first time home buyers range which are around $80,000 to $135,000. 2nd Homes are typically in the next price range and up to around $225,000. There will be a winter buyers market coming very very soon!!! In addition, the National Association of Home Builders (NAHB) Housing Market index rose to the highest level since June 2008, indicating an improvement in home builder confidence. The NAHB also reported that housing affordability during the second quarter of 2009 remained near record levels. The improvement in home builder confidence was reflected in a fifth consecutive month of increased single-family housing starts in July. High affordability, low interest rates, and the first-time homebuyer tax credit combined to improve sentiment and stimulate housing market activity.
•1. Quote of the Month
"The choices we make during adversity and conflict show our true character."
Interest Rates
Interest Rates are currently still below 6% and holding. We have seen a long string of rates from 5.3% to 5.75% depending upon credit and additional factors. The glass ball looks like rates may climb, but that is all speculation. Watch the 10 year treasury to see how that is doing as that usually gives us the most accurate indication or green light of the future. I predict the rates to climb and inflation to start taking some toll on rates. Looking back on the past, I found my first vehicle loan paperwork, and the interest rate was at 8.5% and we still bought cars and houses back then too!!!
ALZHEIMERS' EYE TEST
Count every ' F ' in the following text:
FINISHED FILES ARE THE RE
SULT OF YEARS OF SCIENTI
FIC STUDY COMBINED WITH
THE EXPERIENCE OF YEARS...
(SEE BELOW)
HOW MANY ? Really?
The reasoning behind is further down.
The brain cannot process 'OF'.
Go Back and Try to find the 6 F's before you scroll down.
Invest In Your Future - How to Avoid Being the Victim of an Investment Scam
It is a common occurrence to see newspaper headlines about investors being scammed. These crimes are not isolated to the senior citizen population or to a specific geographical location. Scam artists victimize all sorts of investors across the country.
The question becomes "How do you protect yourself from becoming the next victim?" The following contains a listing of suggested tips that you can use to defend yourself:
•1. Never spend money on investments solely on the basis of a phone call.
•2. Don't be rushed by "buy now" investments. Legitimate investments will always be available.
•3. No one can guarantee a risk-free investment.
•4. Never give personal information over the phone, especially social security number, credit card number, or bank account information.
•5. If you don't understand it, don't buy it.
•6. Always remember, if it sounds too good to be true, it probably is.
•7. Do not invest due to fears (e. g., health care, inflation, or interest rates). Fear clouds judgment.
•8. Request written information and consult your financial advisor.
5 Things that make you wonder??????
1. Was learning cursive really necessary?
2. Lol has gone from meaning, "laugh out loud" to "I have nothing else to say".
3. Whenever someone says "I'm not book smart, but I'm street smart", all I hear is "I'm not real smart, but I'm imaginary smart".
4. I find it hard to believe there are actually people who get in the shower first and THEN turn on the water.
5. I would rather try to carry 10 plastic grocery bags in each hand than take 2 trips to bring my groceries in
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Sincerely,
Dave Werth
218-790-7653 Cell
218-236-7534 Fax
Kvamme Real Estate
3401 S. 8th St.
Moorhead, MN 56560
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