Two consecutive solid monthly gains for builder confidence, spurred in part by easing mortgage rates, signal that the housing market may be turning a corner even as builders continue to contend with high construction costs and building material supply chain logjams.
Builder confidence in the market for newly built single-family homes in February rose seven points to 42, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This is the strongest reading since September of last year.
With the largest monthly increase for builder sentiment s... Read more

If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer money for the purchase. It’s also a different step in the process from a home inspection, which assesses the condition of the home before you finalize the transaction. Here’s the breakdown of each one and why they’re both important when buying a home.

Home Appraisal
The National Association of Realt... Read more

In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to dream longer than they need to, simply because they’re confused about the homebuying process. Thankfully, working with a trusted real estate professional can help ease those concerns and make the process to homeownership much easier to understand.

A recent survey conducted by Ipson and Freddie Mac reveals the confidence level of Gen Z and Millennial buyers regarding the homebuying process. The graph below... Read more

With the summer moving on, we are moving into the busier season for Real Estate. Visitors that are considering buying are now winding down their vacations and focusing more on Real Estate. This is why we have seen more showings and offers in the past two weeks than in all of July. This has been a typical pattern for many years now.

Sellers are lowering prices in an effort attract those buyers and get an offer. With interest rates so lows and seller motivation high we are seeing a nice third quarter rally.

There is still a lot of inventory which will continue to keep prices do... Read more

A depression in the economy can cause many home owners to throw up their arms and sell their homes in order to get rid of financial difficulties. But does that mean they can give away their property to a lender only because they cannot afford it anymore! Also those in financial crisis cannot treat their homes as easy to dispose consumer goods. I agree that a real estate investment can also be termed as an illiquid investment. But real estate history has known that selling a home takes much planning and patience for months before a suitable buyer turns up.

The early 1990s saw homes se... Read more

Whether you are a seller or a buyer in the real estate transactions, you must always thing in the long term of the real estate market. There are several factors that can influence tomorrow’s market and you must be prepared for both ups and downs. To sell your home for a profitable price, you must ensure that your house in good condition. This is because, buyers usually look for homes in to which they can move in immediately without having to get many things repaired. However, if you are relocating, then you must decide whether you wish to sell your current home and buy a new home in the new lo... Read more

Real estate is a very competitive industry where property marketing plays a very important role. Real estate professionals usually consider property marketing as just looking out for clients by placing ads on advertising sites, distributing brochures or newsletters. However, the act of property marketing in real estate has more than just advertising. As a real estate agent you must ensure that you make the most effective use of the resources by investing on the right marketing strategy. The strategy you utilize to market your real estate agency will have a great impact on your commercial image... Read more

Wish You All A Very Happy New Year 2010!!

Online real estate marketing gets more effective this year by including real estate videos on websites. Real estate videos provide access to all property for sale on the online listings. These videos provide buyers a very powerful buying solution that can be accessed from anywhere on the internet. With innovative technology tools, real estate videos provide access to property for sale in the neighborhood on the listings on the local MLS. The instinctive tools designed for the real estate videos make inspection of property and the neighborhood ... Read more

Recession has had its impact on real estate too. The real estate market is now struggling in many areas of the country. The real estate agents and brokers have realized the importance of being a financial planner in accord to being a sales person. Traditional approaches to the current market do not have its stand in the global real estate market. With real estate transactions going online, agents are seeing themselves in new levels with professionalism and customer service. In such a situation, real estate agents are to be high on heels with technology.

The easy access to information... Read more

Photography facilitates better communication. With the advent in technology, portraying your thoughts with the help of pictures has eased all efforts in communication. The online real estate market has taken the best advantage of community pictures on the internet. Today’s real estate investors prefer to buy homes on the internet. Their imagination about an agent’s description on the house is now supported by pictures uploaded on the agent’s website. By a click of the mouse, investors have the best view of the property they want to invest in.

As a seller, to get a better deal on your ... Read more

Photography facilitates better communication. With the advent in technology, portraying your thoughts with the help of pictures has eased all efforts in communication. The online real estate market has taken the best advantage of community pictures on the internet. Today’s real estate investors prefer to buy homes on the internet. Their imagination about an agent’s description on the house is now supported by pictures uploaded on the agent’s website. By a click of the mouse, investors have the best view of the property they want to invest in.

As a seller, to get a better deal on your ... Read more