On Tuesday, August 6th, President Obama spoke in Phoenix, Arizona at Desert Vista High School, explaining his vision to promote home ownership in America. He praised reform of the financial systems and talked about the reckless practices that led to the housing crisis. A visual representation of his vision can be seen if you follow […]
Posted in Buyers, Real Estate Industry News, Sellers, Zebra Reports 
Tags: economy, freddie mac, housing industry, housing market, industry, Interest rates, loans, Market, plan, president, Real Estate Market, recession, vision 
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WHAT EVERY AGENT NEEDS TO KNOW! I was approached a few months ago by clients of mine, real estate agents who were in the midst of a legal dilemma. They had been served with legal documents because the buyer they had sold their home to had decided to sue them two years after the sale. […]
A two-year interest rate high is driving down the number of new mortgage applications. Read the article here: http://realtormag.realtor.org/daily-news/2013/07/25/loan-demand-continues-soften
Q: I am embarrassed by my work car and am trying to talk my husband into purchasing a new one. It isn’t too old, but as a family car it is “decorated” with crayons, dog hair, and smells funny. I clean it all the time, but the messes just come back. My husband feels that […]
According to the National Association of Home Builders (NAHB), newly built single family homes sales are up for the third straight month – up 2.1% in May. According to Rick Judson, NAHB chairman, buyers are taking advantage of the still-low interest rates.
Mortgage Applications Drop – but what is the full story? The Wall Street Journal reported that mortgage applications dropped 9% last week, but that doesn’t mean that the housing market is cooling. This drop was fueled by rising interest rates (up to 3.9% this past week – the highest since May of 2012) and a […]
Q: Denise, I have had a few of my buyers decide to go with rebate and discount brokerages who give back commission dollars at closing to my buyers. I am so tired of this happening, but don’t feel like I can – or should – cut my commission. What do you think? A: I think […]
Posted in Buyers, Communication, Client Care, and Follow-up Tags: ask denise, Buyers, commission, representation, sales price No Comments »
Oh, how the times have changed! From just waiting for the buyers to appear … to dealing with multiple offers from numerous buyers vying for the same property! There is no denying that in many markets the buyers have come out in full force and they are in the mood to buy. Consumer confidence is […]
According to REALTOR® Magazine, 25% of transactions last year were by single home buyers, with twice as many single women purchasing homes than single men! To read more about it, Click Here to view the rest of the article.
Will a generation of Baby Boomers downsizing to smaller homes result in a flood of large homes lingering on the market? This recent article from REALTOR® Magazine tackles this question. To read more please, Click Here.
Posted in Buyers, Real Estate Industry News, Sellers Tags: baby boomers, downsizing, Market, news, Real Estate Market, Real Estate News No Comments »
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