Saturday, May 19, 2012

HOW IS THE REAL ESTATE MARKET THIS SPRING IN THE SOUTH BAY? | RealtyStore

HOW IS THE REAL ESTATE MARKET THIS SPRING IN THE SOUTH BAY? | RealtyStore


LET’S DO A QUICK CHECK LIST OF ITEMS THAT MAKE A DIFFERENCE

MORTGAGE RATES REMAIN EXCELLENT AROUND 3.75% UP TO $625,500.   
      Rates do change every day so call your mortgage professional for an exact quote.

2)   INVENTORY OR THE NUMBER OF HOMES FOR SALE IS NOT EXCESSIVE IN THE SOUTH BAY        
      Actually favors the seller right now. This may change as we get closer to summer.

3)   UNEMPLOYMENT IS STILL HIGH BUT SLOWLY DECLINING
      This is a huge issue which hurts housing and will take years to fully recover.

4)  CONSUMER CONFIDENCE IS IMPROVING BUT HAS A LONG WAY TO GO
     This is a key as to whether a potential buyer is willing to purchase a big ticket          
     item. New car sales hit a 5 year high in March showing the improving confidence. 

5)  THE STOCK MARKET IS OFF TO A GREAT START FOR 2012.
     Rising stock values increase 401k’s and pensions many use for home purchases in the South Bay.  

*OVERALL, CONSIDERING WHAT WE HAVE GONE THROUGH THE     
SOUTH BAY AREA REAL ESTATE IS IN GOOD SHAPE.* 

WHEN IS THE BEST TIME TO SELL A HOME? 
THE SIMPLE ANSWER IS—WHEN YOU ARE READY

Friday, April 25, 2008

How to Avoid 9 Common Buyer Traps BEFORE Buying a Home

Buying a home is a major investment no matter which way you look at it. But for many homebuyers, it’s an even more expensive process than it needs to be because many fall prey to at least a few of the many common and costly mistakes which trap them into either paying too much for the home they want, or losing their dream home to another buyer or, worse, buying the wrong home for their needs.
A systemized approach to the home buying process can help you steer clear of these common traps, allowing you to not only cut costs, but also buy the home that’s best for you.
An industry report has just been released entitled “Nine Buyer Traps and How to Avoid Them”. This important report discusses the 9 most common and costly of these homebuyer traps, how to identify them, and what you can do to avoid them. Click here to find out more.