Existing Home Sales – December Report
Summary of Home Sales Pace by the National Association of Realtors Sales of existing home sales in September dropped another 1.2%, a whopping 10% overall drop since end of August. The seasonally-adjusted annual rate of 4.97 million homes is the lowest seen by the National Association of Realtors since they began tracking the combined sales [...]
Posted in Report | No Comments
Real estate commissions rise
Home sellers were in the driver’s seat and the real estate agents were courting them – most often at bargain commission rates. This was during the housing boom. But now, the bubble has burst–the tables have turned the other way. In 1991, 6.1% was the average commission rate, according Steve Murray, of Real Trends, a [...]
Posted in News | No Comments
House Or Condo?
Take your pick? A house will be best for growing families because of the space availabillity. You are not constrained in how you want to build, remodel, refinish or even expand your house. You can have all the rooms you want, and you have the freedom to fix your landscaping. The disadvantage here, though, is [...]
Posted in Real Estate tips | No Comments
Simplifying The Business Process
Yet after the agreement is signed and unforeseen events are met, there are many particular and information that needs to be taken care of prior to calling your house a home. These days, there are agencies that can help you with the details out of your hands and everything will run smoothly as possible. Services [...]
Posted in News | No Comments
Home Inspectors
Home inspectors usually operate as a self-supporting contractors. As a result, it’s hard for them to give a history of consumer criticisms to a new client. There are sites like Yellowpages.com that contains ratings. Though some clients don’t bother to rate the inspector’s services. Ratings depend on the are that was covered. An inspector can [...]
Posted in News | No Comments
What does a real estate agent do?
An estate agent is someone who provides the estate owner with all information and the practical advice about the property needs. His task is to find an advantageous deal for his owner. Normally, estate agents do all the negotiation involving the property transactions in the behalf of the owner/buyer. This assistance not only saves the [...]
Posted in Real Estate Agents, Real Estate tips | No Comments
Find the right Appraising Company
Look for a property appraising company whose service is the right kind for your needs. State what service you require in full detail. They must be knowledgeable in the area and the type of property that you have. It would also help if they are familiar with other details such as information about neighborhood, climate [...]
Posted in Real Estate tips, Valuation | No Comments
More Banks Default – Others Shed Home Financing Products and Arms
Mainly due to the current economic conditions and the huge exposure banks had to the housing crisis, many are reeling anf trying to shed off their home financing products to prevent a repeat of their losses that have piled up to quite a lot since this current economic crisis began. Foreclosures abound and financing arms [...]
Posted in Information, News | No Comments
Home Prices Still Low But Price Dip Slows
Home prices are slowing their dip but experts say this is still a way off the expected recovery they want. Home prices have been going down since the financial crisis that has so crippled the globe started resulting in almost bargain properties and even luxury homes are being priced lower than their original list prices. [...]
Posted in News, Report | No Comments
Banking Sector Reels for Housing Woes
Many minor banks are failing due to massive exposure to the housing market problems that has left them with so many houses to sell that they are having to resort to selling it at discount prices just to get some cash back into their businesses to keep them going. Many local banks are auctioning their [...]
Posted in Information, News, Report | No Comments