LPS: Loans in foreclosure down nearly 31%25 in July
Monday, August 26, 2013
Fewer Foreclosure and Short Sale Homes available and this is why.
Sunday, August 25, 2013
Buyer's House Tour today
Check out this tour that we went on today. More to see tomorrow. Can't wait to hand them their keys.
Friday, August 23, 2013
Classic Home Styles
Classic Home Styles: your dream home....what style is it and why? Looking forward to seeing what the favorites are.
Thursday, August 22, 2013
Wednesday, August 21, 2013
Tuesday, August 20, 2013
Happy House Junkie Tuesday! Check out these great pics
Terrific Living Room with attached library....love this concept!
Monday, August 19, 2013
Housing Recovery is keeping up a good pace
Housing recovery is setting a strong pace but sometimes even I, a seasoned professioal, get wrapped up in the media blitz about the strong sellers market, multiple offers, low inventory....etc. While the market is much improved I do believe the most important piece, of job growth in the coutry, is still faltering.
The Fed has kept rates low because that supports the cornerstone industry of housing. However, the minute there was a whisper of a plan to slow down the purchase of mortgage backed securities it was a if a cat ran across the proverbial road, and buyers paused in their pursuit of the American Dream. A week later the Fed did media damage control but I think the message was out there. Truly they are keeping rates artificially low to support the economy but at some point we will need to get the job market back on track for true economic growth.
For anyone who reads my posts on any of the various social media portals, you know I am positive in my mindset. But I am also realistic and I have survivied in my industry during very difficult times. I will continue to survive and thrive but I also need to open my eyes and be realistic about the market I am working in. I believe in the American Dream of homeownership but more importantly, I believe in the people of this country. When we put people back to work, then I will feel completely honest in saying the recovery is in full swing. We are doing much better than a few years ago....you can feel it when you walk down the street, people are hopeful. But I will remain cautious myself and protective of my clients who get wrapped up in the multiple offer frenzy....we have to be smart in our next steps and while hopeful, we must be aware.
OK, it's Monday, let's go out there and make something good happen.
Saturday, August 17, 2013
Shingle Style homes are all the rage!
Check out the hottest trends in architectural styles for dream homes....great pics
Thursday, August 15, 2013
Wednesday, August 14, 2013
Sunday, August 11, 2013
Thursday, August 8, 2013
Wednesday, August 7, 2013
Being a first time home buyer in any market...rules to follow
As we have a hot market right now in the Bay Area, buyers are getting frustrated faceing very competitive situations. Here are some rules of the game for first time home buyers that should shed soe light on the process.
Tuesday, August 6, 2013
Monday, August 5, 2013
Thursday, August 1, 2013
Federal Reserve Statement will likely cause interest rates to lower again! Yay!
The Federal Reserve statement indicated that they came to their senses and realized that the economy still has some challenges ahead. The statement is re-assuring the bond market and although I don’t think we’ll see rates under 4% again, this will calm the market and help interest rates edge lower as the market digests this information.
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