Aug 25, 2010

It amazes me how the media only wants to cover the negative, they lead with housing sales down 27%, I don't not see it, we are actually up significantly, I am seeing more of what i call the educated smart buyer getting back into the market, the buyers with lots of equity, the people who are putting money down. we are seeing more people taking advantage of the lowest interest rates we have ever seen and we are not new to the real estate industry. while it is true you are not selling your house for as much as you would have a ways back but you are not going to pay as much for what you are buying either. I am seeing developers buying development land and builders buying inventory again but the media does not want to hear this stuff even when we tell them they only go with the negative...

Aug 11, 2010

Just a point

Would $122 extra dollars each month make a difference in your budget?
-A night out on the town?

What would you do with an extra $1,466 per year?
-A nice vacation?

Does a savings of nearly $44,000 over 30 years sound appealing?

Well, that is the difference between a 4.5% interest rate and a 5.5% rate on a $200,000, 30 year loan.

An upswing of just one percentage point can make a difference in not only the monthly principal and interest payment, but also impact your buying power.

The payment on a $225,000 loan paying 4.5% over 30 years is less than $5 per month more than what you would pay on a $200,000 loan at a 5.5% rate.

Rates are currently at or near historic lows. Don't miss this opportunity!

Aug 2, 2010

Tax Credit Still Available for Military Personnel

If you (or someone you know) were serving overseas between January 2009 and May 2010, you are still eligible for the $8,000 first-time homebuyer and the $6,500 move-up tax credits. Don't miss out on these opportunities if you are eligible. Talk to your real estate professional today!