Are Real Estate agents untrustworthy?  Some are, but many more are trustworthy.   Below are a compilation of insights into the Real Estate profession:
Untrustworthy agents hear what their clients say.  Trustworthy agents listen.
Untrustworthy agents make deals happen.  Trusted agents help people buy and sell homes.
Untrustworthy agents work hard and make a case for it.  Trusted […]

It is important to understand that the Real Estate market reacts to the same laws of supply and demand as any other product.  Low supply yields high demand and higher prices.  Hence, the 10 year boom in Real Estate that ended at the end of 2005. High supply yields low demand and lower prices.  Hence, the […]

With the sheer volume of the news reports about Real Estate today, many people wonder how to interpret what they hear and read.  In these times, one must keep certain things in mind about the media:
1. It is an industry, just like any other.
2. The measure for any industry is revenue.
3. In an industry that is […]

Last week U.S. mortgage applications jumped by nearly 50 percent last week after home loan interest rates fell when the Federal Reserve cut interest rates again and took steps to restore confidence in the bond market.
The Mortgage Bankers Association’s mortgage applications index jumped 48.1 percent for the week that ended March 21st, its highest level since early February.
The […]

One of the topics we Agents hear frequently is “how does a home Seller successfully sell in today’s marketplace?”.  There are many factors involved in selling a property, however, there is one key element needed before a homeowner lists their property for sale.  Our experience shows a homeowner’s ”motivation” to sell determines the speed of the sale.  Seller’s need to be a […]

Stocks soared on Monday as a five-fold increase in JPMorgan Chase & Co’s offer to buy Bear Stearns assured investors about financial sector valuations and fresh data fueled hopes of a turnaround in housing.  “More writedowns are expected in the home loan financial space but people are starting to see a light at the end of the […]

We are happy to report the Feds taking further action this week and cutting the short term interest rate. The average rate on 30-year fixed mortgages dropped to 5.87 percent from last week’s 6.13 percent, and the average 15-year fixed rate plunged to 5.27 percent from 5.6 percent.
 
We are finding Buyers are primed and ready […]