Image via Wikipedia Today's market has changed drastically from the market that we saw pre-Great Recession. The major catalyst for the housing market crash was inflated home prices, an unregulated sub-prime qualification system, and an over lending from banks that were wholesalers instead of direct lenders. Those three elements were the perfect storm to bring the real estate market to its knees. However, there is good new on the horizon with foreclosures beginning to decline, and buyers starting to emerge. What Is Appealing To Buyers The American dream of owning a home with … [Read more...]
What Type of Real Estate is Right for Your Family
Image via Wikipedia When you are considering buying real estate there are several things to consider and you do not want to make the decision lightly. There are many different types of real estate out there and that is important because not every family fits in one type of home. When most people think about buying property, they are thinking about buying a stand-alone, single family house. A single family, wood frame house is really the picture of the American dream in the sense that a family will have their own space and the space will usually include a yard. However, there are things … [Read more...]
Real Estate-A Booming Business or Uphill Battle?
Determining the strength of the real estate market requires evaluating several factors including home values, inventory levels, and interest rates. Your ability to make money in real estate will depend on how much risk you can accept, how quickly you want to see a return on your investment, and the amount of money you want to spend. The Real Estate Market Research shows that pending home sales have trended upward for nearly a year. Industry projections show an expected surge of up to 10 percent in the sale of existing homes. The market is beginning to pick up, making this a good time … [Read more...]
Countdown to Moving Day
Many people have definite ideas on what they are looking for in a dream home. Some people find their perfect home in no time. Others take a little more time deciding for many reasons, including finding the right neighborhood for their children, with enough room to roam for family pets, and enough room for the entire family. Once the process of finding the home and financing the buy is over, it is time to start counting down the days to the big move. In an ideal situation, you will move into your new home within a month's time. Immediately after finding out the home is officially … [Read more...]