If you look back on the sales graphs over the past several years you’ll see that sales are typically lowest in Jan and Feb and then start increasing Mar through Jul or Aug with Apr to Jun usually being the top months. This has been known as the Spring Buying Season or the Peak Buying […]
If you’ve been paying attention to the local real estate market or you’ve been reading my newsletters, you’re probably aware of the fact that we have been in an ‘inventory constrained’ market for at least 2-3 years now and it is not yet improving. In fact, we are seeing even lower levels of homes and […]
With the continuation of the local seller’s market you will need to have a proper strategy for buying rather than just proceeding and hoping it will all work out. A low inventory at the same time there is strong buying activity creates some potentially interesting situations for buyers. These situations have been coming up for […]
I will tell you how I think 2016 will shape up but I want to start with the disclaimer that since this is a Presidential election year – anything can happen. In our local market we have now had 3 consecutive years of strong sales reaching or surpassing previous peaks and at the same time […]
Last month I wrote about the changes that began on October 3rd which would have a big impact on real estate and that these changes would give cash buyers a temporary advantage. Now I’ll clarify why this and other factors make the next 3 months one of the best times for cash buyers that we […]
In the past couple of months I have seen some information about scams that can have a very damaging effect on you if you get taken by them. By being aware of these scams you can avoid becoming a victim of them and, in doing so, protect what you’ve worked so hard for. Home Theft […]
(TRID – Truth-in-Lending Act and Real Estate Settlement Procedures Act Integrated Disclosures) Well, D-Day has finally arrived. The day that many in the real estate and mortgage industry have been anxious about has now come and the way that mortgage loans and the real estate deals they go with are done is going to be different. […]
This story is pretty bad but it definitely let me know that it is not just an occasional problem with deception and concealment about foreclosed property conditions – it is more the norm. (It is a longer than normal article but well worth reading through to the end.) I went with this client to see […]
I’m going to share with you some vital information about foreclosures that isn’t being talked about and I will have to be somewhat cryptic and not mention any names to prevent any blowback or legal attacks. My first encounter with the dirty little secret about foreclosures was in March 2009 but at the time I didn’t […]
I wrote about this in a previous newsletter but want to give more details since this ties in to the whole aspect of the dirty little secret about foreclosure properties. I started working with a young couple in May right before their wedding and after they had the wedding and honeymoon and we got their […]
