Even after the housing crisis, many potential buyers still don’t know even the most basic things about mortgages. Here are five essential facts about financing a home.
Jane Peters www.homejane.com’s insight:
Yes, information that may not be widely known.
Home buyers in these markets are facing steep competition for the homes they want to buy.
Jane Peters www.homejane.com’s insight:
Wow. Look at San Francisco
Looking for a cheap fixer-upper?
Jane Peters www.homejane.com’s insight:
I have been constantly saying this…
ATLANTA — Would-be home buyers who are frustrated by rising home prices and low inventory may have to wait a few years for relief, real estate experts told a conference on Wednesday.
Jane Peters www.homejane.com’s insight:
Those darn investors….
The recent increases in mortgage rates aside, housing affordability is still far above past average levels.
Jane Peters www.homejane.com’s insight:
It will be interesting to watch the trend
Three of the 10 most traffic-congested cities in the world are in the U.S.
Jane Peters www.homejane.com’s insight:
Well I knew we’d be up there, but Belgium????
The industry claims home warranty contracts boost sales and sale prices, but critics say they could send the wrong signal to buyers and often are not necessary.
Jane Peters www.homejane.com’s insight:
To sweeten the pot in this competitive sellers’ market, I generally leave off the home warranty in a purchase contract. This makes me feel much better…
The recent increase in home prices recorded in several residential markets is actually doing more harm than good when it comes to improvements in fundamentals.
Jane Peters www.homejane.com’s insight:
For sellers waiting for prices to rise, probably not a great idea….
“People come in, and they think the market is 2008 or 2009, when sellers were desperate,” says one real estate agent. “They’re not desperate. Not at all.”
Jane Peters www.homejane.com’s insight:
From the horse’s mouth.
When Jim Keenan, the social sales specialist, describes his work today, he’ll tell you that he’s “ushering salespeople from the old world into the social world” - the cold calling world to the Twitter world, the salespeople who call prospects incessantly…
Jane Peters www.homejane.com’s insight:
I can’t believe people are only spending 10% of their time on social media.. I am more like 80%.
At first glance, Wednesday’s report that sales of existing homes gained by just 0.6% in April, after adjusting for seasonal factors, seems unremarkable. But the modest gain understates what was a relatively solid report.
Jane Peters www.homejane.com’s insight:
Even with the low inventory sales are rising. I guess this reasoning makes sense.
U.S. housing markets where prices are expected to rise the most in the next five years, based on CoreLogic Case Shiller data.
Jane Peters www.homejane.com’s insight:
Not a one in California
Some buyers are solving their house-searching woes through prose. They’re not writing poems or romantic novels - just notes to sellers, telling them how happy they’d be to buy their homes. The…
Jane Peters www.homejane.com’s insight:
I guess it’s not always about monty.
The Greenwich, Connecticut estate of timber mogul John Rudey becomes the most expensive home for sale in the U.S. by a margin of $55 million..
Jane Peters www.homejane.com’s insight:
I shall have to call my buyers…….
Homebuyers need to consider more than just homes; it’s important to look at crime rates, amenities and commute times in neighborhoods they look at.
Jane Peters www.homejane.com’s insight:
These are some great tips for picking a neighborhood to buy a home.
BALTIMORE — Greg Cantori plans to downsize when he retires. Really, really downsize.
Jane Peters www.homejane.com’s insight:
It IS cute, but long term….?
Jane Peters www.homejane.com’s insight:
Exciting things in store for Santa Monica. The metro line is just the beginning.
Consider this one more sign that the housing market is heating up: Appraisers are putting higher values on homes again, allowing for more deals to go through.
Jane Peters www.homejane.com’s insight:
Thank goodness, since almost everything is going at or over asking.
California’s housing market surged last month as prices jumped from Southern California to the San Francisco Bay Area.
Jane Peters www.homejane.com’s insight:
If this isn’t incentive for Los Angeles home sellers, I don’t know what is.
Jane Peters www.homejane.com’s insight:
Got drones!
