A few years past, the Open House was an extinct animal. Our Real Estae market was selling itself without much help from bells and whistles. Key marketing strategies and a bit of targeted advertising were largely successful tactics. Enter this new, erratic economy. Any media outlet can tell you that our Real Estate market is… Read More
You know what’s going on in the real estate market, I know you know. It’s everywhere – the real estate grapevine is mind-boggling – you can’t possibly avoid it. But here’s the thing, the data might be accurate today but totally incorrect tomorrow. This is by far the most unpredictable market I’ve ever experienced, and… Read More
A Big Break for Home Buyers In light of current real estate market conditions and FHA’s recent announcement, this is one of those rare occasions when the question is “do you want the good news… or the great news?” I’ll make your choice really easy, the great news first- if you’re considering applying for an… Read More
Without question, the Real Estate market is tough for home buyers. Multiple offers, competition with cash buyers, escalating home prices, inadequate inventory and insanely limited showing times are all plaguing buyers in today’s Real Estate environment. It’s difficult to remain positive in the face of these unprecedented market conditions. Those who succeed are faced with… Read More
Refinances down but new mortgages are up. I’m not at all convinced that the recent indifference toward mortgage refinancing has anything to do with rising interest rates. I’m more inclined to assume that because low mortgage rates have been around for an extended period of time, most everyone who wanted to refi has already done… Read More
Housing Industry Growth Unclear as the Nation Awaits Policy Decisions. Housing affordability, as in any market, is controlled by supply and demand. Currently, at least in the affordable housing sector, demand is exceeding supply. This news isn’t all bad however. Home Sellers are experiencing the advantage known as ‘Seller’s Market’ for the first time in… Read More
