Don’t surf all over the web trying to figure out what’s going on…I did it for you. Here is this week’s more meaningful news and insight into the real estate market: June 3, 2011 Foreclosure Settlement to come in a “matter of weeks,” HUD Secretary Says from L.A. Times June 1, 2011 Mortgage Rates Today: [...]
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Today I rented out my condo in Brighton. Every time I visit a great investment property it makes me want to own more and more. The way I feel about real estate is the way I feel about books - you can’t have too many. But unlike books, investment properties can be demanding in way [...]
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Yes, even in a buyer’s market, a buyer is not in total control of the outcome of an offer to purchase. There are many situations in which properties are hot, and they will have several offers from buyers. Situations in which you, as a buyer, may not be holding all the cards include buying properties [...]
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Today’s market can be a difficult one for many sellers to navigate. While your real estate agent can advise you, the ultimate decision of what offer to accept is entirely up to you. This decision can come with quite a bit of pressure. Even in the most favorable of markets this can be a difficult [...]
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Not every market is struggling. The truth is that many desirable neighborhoods and zip codes are still experiencing healthy inventory levels and conditions that promote multiple offers. As a home buyer in these markets, how can you be competitive? First, and perhaps most importantly, be ready to buy. Readiness is not impulsiveness, however. Before you [...]
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Home sellers are reluctant to say no to offers these days. The fear of losing a buyer overwhelms the reasoning behind selling in the first place. In such a strong buyer’s market, it is very common to find a home seller ready to take imperfect offers and risky buyers. There are three reasons, though, that [...]
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If you are anything like me, every piece of trash and every mile driven is a small pinch in the nerve of environmental conscientiousness. If you have kids, it’s just a constant green guilt fest, as many purchases, diapers, laundry, and trips in the car are unavoidable. But there is a little bit of good [...]
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What’s in? Efficient, green, and useful. What’s out? Big, fancy, and….well, frivolous. (I think they called in luxury in 2005). No one wants to heat unused rooms, drafty windows, and poorly structured homes anymore. The economic downturn has made it difficult, and the trend of environmental consciousness has made it very uncool. A few years [...]
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It is hard to believe but, yes, there is something quiet wonderful happening as a result of this depressing economy. Our tight budgets are forcing builders to rethink the size and functionality of new homes, and buyers are being forced to rethink their needs. Six years ago, when you were out there looking at many [...]
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You’ve been trying to sell your home for months…Keeping it clean and organized, staging it, maintaining your landscaping, fixing every little thing…Your constantly hear about the terrible housing market conditions….Your agent rarely has an interesting update and you feel like a sitting duck. It’s not fun lingering on the market. It’s hard to make long [...]
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