By Toby Boyce on September 2, 2010
Following a sharp drop in the months immediately after expiration of the home buyer tax credit, pending home sales have modestly risen, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator, rose 5.2 percent to 79.4 based on contracts signed in July from a downwardly revised 75.5 in June, [...]
Posted in Real Estate Analysis | Tagged Buying, Real Estate, Selling |
By Toby Boyce on August 31, 2010
Effective on Wednesday, September 1, the appraisal issues that face home buyers and sellers will magically disappear …. if you believe in Fannie Mae. The organization has now placed a ban on the common practice of “appraisal cutting” for loans that are being sold to Fannie Mae. Appraisal cutting is a process where the lender’s [...]
Posted in Real Estate Analysis | Tagged Buy, Fannie Mae, Real Estate, sell |
By Toby Boyce on August 30, 2010
National real-estate Web site, Trulia, recently released the results of its American Dream survey and the results are interesting, but not that shocking. We are getting smaller. Well maybe not in the waist, but in our housing choices. Size of House Percentage 3,200 + 9% 2,601 – 3,200 13% 2,001 – 2,600 27% 1,401 – [...]
Posted in Real Estate Analysis | Tagged Buying, housing, Real Estate |
By Toby Boyce on August 29, 2010
Although the first half of 2010 saw home sales increase up to 39 percent over 2009, July saw a decrease of 28.6 percent in sales, according to a recent release from The Columbus Board of REALTORS. “The expiration of the homebuyer tax credits created incredible activity last spring,” said Sue Lusk-Gleich, President of the Columbus [...]
Posted in Real Estate Analysis | Tagged Columbus Board, Real Estate, Statistics |
By Toby Boyce on August 4, 2010
This is a topic that I’ve answered hundreds — if not thousands — of times and it is always an eye-opening experience for people. It is a pretty interesting idea. If interest rates go up by 10%, which would only be 0.45% putting us from 4.5% to 4.95%. That isn’t much a bump when you [...]
Posted in Real Estate Analysis | Tagged Buying, Real Estate |
By Toby Boyce on August 2, 2010
According to the J.D. Power and Associates 2010 Home Buyer/Seller StudySM, Keller Williams Realty, Inc., the third largest real estate company in the United States, has received the highest overall satisfaction ratings from home buyers among the largest full-service real estate firms for the third year in a row. The company also ranked second among [...]
Posted in Real Estate Analysis | Tagged Keller-Williams, Real Estate |