For the past 5 years, buyers have enjoyed a nearly perfect atmosphere to buy real estate at low prices. Since virtually all of the news coming from the media has been negative for so long, most buyers have assumed that it will remain negative in perpetuity. Prospective buyers must now be for-warned. The days of […]

Buyer Considerations – Warren Buffet’s Final Word on Real Estate     Arguably, the most famous and successful investor in the world is Warren Buffet. Buffet’s uncanny ability to invest is legendary. For those of us that are old enough to remember, there used to be an ad campaign that professed “When E.F. Hutton talks, people […]

Buyer Consideration – The Most Affordable Housing In History    The National Association of Realtors has been tracking housing affordability since 1972. NAR looks at the three most critical components to housing affordability. They are: · Housing prices · Interest rates for existing homes closed · National median family income    A rating of 100 is great because […]

Buyer Considerations – What To Offer A Seller                 Many homeowners continue to be resistant to selling their property at a price they believe is too low, while buyers want to buy at the bottom of the market, at the best possible price. These are two diverging views. The last thing a buyer wants to […]

Have We Returned to a Healthy Market with Appreciation Just Around the Corner?     According to the National Association of Realtors, the month’s supply of inventory has returned to a near-normal 6.1 months supply of homes for sale. This number is considered the magic balance where inventory levels don’t favor either buyers or sellers. Does […]

Buyer Considerations – Know Market Trends Before You Buy    Throughout the past 5-6 years there have been tremendous market swings in local and national real estate.  This led to a great concern to prospective buyers. With prices dropping more than 50% in many markets, buyers have learned to focus very heavily on what they’re […]

Buyer Considerations – Number One Stock Pick of 2012: Buy Real Estate! Every day seems to bring a little bit better economic news.  This is an important trend to track because at some point the culmination of more and more good news will help spur a major turnaround in real estate. Last week stock rallies […]