Buyer Considerations – Increasing Rental Demand Says Buy Now Declining real estate values over the past five years have not only frustrated homeowners, it has also discouraged potential homebuyers from purchasing homes. The logic is simple. “If it cost more for me to own a home rather than rent, and I run the risk of […]

Buyer Considerations – Unemployment Numbers Improving  The Labor Department released its latest figures on Friday, reporting that 243,000 people were added to the workforce in January, causing unemployment to drop once again, to 8.3%.  This is the lowest rate seen in over 3 years and another indication of a gradually improving economy. This was also […]

Buyer Considerations – Save Your Cash, Get a Mortgage Instead Why are Financial Advisor with UBS, Merrill Lynch, Goldman Sachs and other brokerage companies encouraging their clients to refinance their homes? The answer is simple. No one expects interest rates to remain low. And, almost everyone expects inflation to be a factor during the coming […]

The “Other People’s Money” If you are thinking about paying cash for a home you may want to reconsider. Its true, Paying cash for a home does make sense when a buyer is negotiating to purchase a home. Buyers who present offers with a quick close and no mortgage or other contingencies have a much […]

The Theory of Recaptured Equity Everyone knows that  Real Estate Markets  nationwide have suffered economically devastating losses over the past several years. Depending on the market, home prices have declined from 33% to over 50% of value from the highs reached during the 2005-07 boom years. The S&P Case-Shiller Index shows homes prices nationally have […]

  2013 Buyer Considerations – Using the Bank’s Money to Finance Investments An investment strategy being used by many people involves using bank loans to finance investments. With mortgage rates at their historically low rates, this strategy can lead to significant profit for the savvy investor. The strategy allows the well-qualified home owner to take […]

Buyer Considerations – Managing Your Hot Buyer Prospects (HB’s)   Most agents do not keep a list of their hot buyers and don’t track their next steps and results. These same agents end up focusing on the wrong buyers and never take the best steps to getting the buyers to contract. Then they wonder why they’re […]