Search results for: ,buyers

Interest Rates

Larry O. Doss Tuesday, February 23, 2021

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s no guarantee rates will remain this low much longer.

Whenever we try to forecast mortgage rates, we should consider the advice of Mark Fleming, Chief Economist at First American:

“You know, the fallacy of economic forecasting is don’t ever try and forecast intere... Read more

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What’s the Difference between an Appraisal and a Home Inspection?

Larry O. Doss Tuesday, February 2, 2021

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

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2020 Buyer Preferences

Larry O. Doss Monday, May 18, 2020

2020 Homeowner Wish List [INFOGRAPHIC]
2020 Homeowner Wish List [INFOGRAPHIC] | MyKCM

Some Highlights
In a recent study by realtor.com, homeowners noted some of the main things they would change about their homes to make them more livable.
Not surprisingly, more space, an updated kitchen, and a home gym rose to the top of the list.
If you’re thinking of selling this year, having these items in your listing might make your house more desirable than ever to potential buyers.... Read more

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How Technology is Helping Buyers Navigate the Home Search Process

Larry O. Doss Friday, April 17, 2020

Some Highlights:
A recent realtor.com survey revealed that buyers are still considering moving forward with the homebuying process, even if they can’t see the home in-person.
While they still prefer to physically see a home, virtual home tours and accurate listing information top the list of tech specs buyers find most helpful in today’s process.
Let’s connect today to determine how technology can help power your home search.... Read more

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How Trusted Professionals Make Homebuying Easier to Understand

Larry O. Doss Thursday, February 20, 2020

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

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Market Update August 2010

Larry O. Doss Thursday, August 12, 2010

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




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First Listing

Larry O. Doss Monday, June 7, 2010

Hi Everyone!
After 14 weeks of education and training I am finally ready to go. And good thing to because I already have a listing. 208 Melwood is a great property, especially for an investor. It has 4 bedrooms and 2 full baths. It has been rented for an average of $850 a month, and at today’s historically low interest rates that means a nice return on investment.
I’ll be back later with some tips for 1st time homebuyers!

Thanks,

Kyle... Read more




Sold
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Never Sell Your House To A Lender!!

Larry O. Doss Thursday, January 14, 2010

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

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Predict the Future While Buying a Home

Larry O. Doss Wednesday, January 13, 2010

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

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Marketing Strategies for Real Estate Agents

Larry O. Doss Friday, January 8, 2010

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

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Based on information from the Humboldt Association of REALTORS®, as of 08/18/2022. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker or MLS for accuracy. All information should be independently reviewed and verified of accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright ©2022 Humboldt Association of Realtors®. All rights reserved.