When selling your home, the goal is to sell it quickly for the highest price while investing as little as possible in renovations. With a limited budget and a little effort, you can greatly increase your home’s appeal by focusing on what prospective buyers can see on their first visit. The experts at BuyOwner.com offer [...]
The economy is stabilizing. Home prices are holding. It’s not just as good a time as ever to buy a house. It’s one of the best times ever. 1. Low mortgage rates serve as an equity shock absorber. When buyers borrow at today’s record-low rates, they start building equity as soon as they close. That [...]
First Time Homebuyer Tax Credit May Return Shaun Donovan, Secretary of Housing and Urban Development, said Sunday that the housing market’s July woes were “worse than expected” and that the administration may support a new homebuyer tax credit. In an interview on CNN, Donovan said the administration is “concerned” about the path of the industry. [...]
First time home buyers have a lot to consider this summer when making the decision to rent or buy a home: interest rates are at all-time lows, there’s still plenty of housing stock and prices are at or near their lowest in years. Still, deciding whether to buy a home or rent an apartment can [...]
Half of Riverside County’s homeowners will see their property tax bills shrink this year as the region’s weak housing market continues to weigh down home values, county officials said today. How much is your property worth? According to officials with the County Assessors office this reduction in property value affects nearly 400,000 people in the [...]
Five Features to Highlight When Marketing Your Home for Sale this Summer According to a recent survey by ZipRealty, there are some fairly distinctive “must-haves” and “deal-breakers” for home buyers in the current market. For sellers trying to compete in this tough housing market, these findings can help emphasize some of the best features in [...]
NAR Grants Help Make Homeownership More Affordable for Working Families Despite today’s tight economy, many areas of the country have not seen a significant drop in their high cost of living. To help meet this critical need for more affordable housing for low- to moderate-income working families, the National Association of Realtors® has awarded more [...]
Home Buying – Step by Step Interview and Select Your Mortgage Professional Interviewing and selecting your Mortgage Professional is the most important step when beginning your home buying process and should be your first step, even before selecting a Realtor. Your Mortgage Professional will carefully review your financial profile and assist in determining how much home [...]
Coachella Valley Home Sales Rise The latest report from MDA DataQuick shows that home values and sales prices across the Coachella Valley have increased during April and May. This trend continues the consecutive six month increase we’ve seen in positives sales across the valley. The market turnaround is very good for buyers and sellers, said JoAnne [...]
Military families seeking to buy a home can count on a little tax help. The Homebuyers Tax Credit, which provides eligible buyers with a tax credit of $8,000 for first time buyers and $6,500 for repeat home buyers, ended on April 30, 2010 for civilians. However, active duty military or those on extended overseas duty [...]
US Senate: Homebuyers Tax Credit Deadline Extended The US Senate passed an amendment to extend the closing deadline for home buyers who qualified for the tax credit pleases Realtors and Homebuyers. The original deadline date of June 30 has now been extended to September 30. This is an extremely important measure as it will help [...]
Real Estate Q&A: How to Help Family Member Buy a Condo QUESTION: My sister wants to own a $50,000 condo in California that is under foreclosure from the U.S. Department of Housing and Urban Development. But she does not have the money. I would like to help by buying this condo outright. I am being [...]
10 Important Tips to Successful Real Estate Investing When it comes to investing, everybody has certain goals and aspirations. However, we have found that there are certain guidelines every aspiring real estate investor needs to know: 1. Compare property values and rents Financial statistics only go so far; the best measure of a property’s market [...]
Tips on How to Fix Your House Up to Sell With the summer buying and selling season just around the corner, now is the time to think about how you can create a lasting first impression with potential buyers. Here are 8 simple tips that will help your home stand out from the crowd. Open [...]
Staging a home for a quick sale will benefit sellers no matter what type of market we are in. For instance, in a buyer’s market, sellers need to take advantage of all the tools and resources available in order to sell their home for a decent sale price. Staging a home is crucial in a [...]
Single-family Housing Starts rose by 55,000 last month, suggesting ample housing stock from which California can choose this summer. The report is a slightly larger read than what economists had expected. Furthermore, for the first time since June 2009, Housing Starts appears to have broken away from its half-million unit plateau. 593,000 new homes were started [...]
Recently listing details from the MLS have almost killed a few deals due to the puffery used by Realtors in an attempt to make their less than perfect listing more attractive to potential Buyers. These challenges can be easily overcome if the real estate agent community were more active in policing the Multiple Listing Services. [...]
Americans’ cell phone usage soars American mobile phone users are talking, texting and surfing the Web more than ever, according to new data from CTIA, the association for the U.S. wireless industry. The CTIA’s latest semi-annual industry survey showed that in the last half of 2009, consumers used more than 1.1 trillion minutes, up 38 [...]
Pending home sales increased again in March 2010, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of Realtors®. The Pending Home Sales Index (PHSI) forward-looking indicator based on contracts signed in March, rose 5.3% to 102.9 from 97.7 in February, and is 21.1% [...]
A trio of California cities bucked a nationwide home price decline in February while most of the other metro areas posted losses or flattened out, underscoring the resurgence of the Golden State’s coastal markets, data released Tuesday showed. The Standard & Poor’s/Case-Shiller index of 20 metropolitan areas was down 0.1% from January on a seasonally [...]
New Home Sales Bounce Almost 27% Higher in March 2010 breaking out of a four-month winter slump with a bang in March 2010, soaring 26.9% over February, the government recently said, evidence that federal tax incentives for buyers due to expire next week are giving the housing market a boost. The March figures were meager [...]
For Sale: Palm Springs
