 Articles tagged: real estate market
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We’ve had great news in the housing market this past week! The $8,000 First Time Home Buyer Tax Credit will be extended through April 30, 2010. This extension is good news especially for first time home buyers taking advantage of the credit. This article includes more details about qualification.
written by Lynn Bulmer
Flipping houses involves more than a paint job and laying some new flooring. There are several details to check before entering into the purchase of the investment home. These are both structural and aesthetic. written by Melissa Kellett
There is a certain niche in the housing market that is specially favored by current times. It corresponds to tenants with a certain income level, who want to buy their new homes. New houses are suffering a low-price record, the lowest in the last five years. If you are one of the tenants in this niche, it’s your moment of glory. written by Melissa Kellett
Properties that are subject to foreclosure are auctioned and you can get bargains by purchasing them. However, making a good deal out of a foreclosure needs some inside details and techniques that you need to learn. There are also some dangers that you need to take into account because there is always a bit of risk involved in these transactions. Being well informed will save you money and hassles.
written by RE Writer
Though this past year of first-time home buyer’s tax credit offerings has resulted in a much needed boost to the struggling American economy, we may soon be seeing another drop off in home buying due to rising interest rates, the end of the home buyer’s tax credit, and the continuing rise in the numbers of unemployed in America. written by Gary Ashton
Home owners invest what Habitat for Humanity refers to as "sweat equity" into their home. Some volunteers feed the crews that are working on the home; many of the materials used in the homes are donated while other materials are purchased from local businesses to support the local economy. written by Carolyn Capalbo
However, because of the nature of the real estate agent’s job, it may be in your best interest to be a little vague about your exact whereabouts on Twitter, Facebook and other social media. There are many predators that use the Internet to identify and stalk people and real estate agents are no exception. written by RE Writer
A lot of the chatter in the media about foreclosures at present is confusing at best; headlines are screaming both that foreclosures are on the rise as well as on the decline while both using the same supporting data to prop up their claims. To find out the truth about the situation though, you have to look beyond the flashy headlines and figure out what the statistics are actually saying. written by Karrie Rose
The drive for homeowners to purchase bigger and "better" homes well beyond their financial means is one of the suggested causes of our current economic climate and resultant real estate crash. As a result, there is a plethora of architectural behemoths on the market with no one interested in buying them, particularly not for the price that owners are looking to sell them for. written by Lee Keadle
Waiting to buy a home or refinance because of interest rates? Although rates are about as low as their going to get, your individual real estate market can also influence your decision of when to lock in your rate. written by RE Writer
In response to the current economic crisis the federal government put forth a mortgage program that would free up financial assistance for struggling homeowners to help them renegotiate their home loans to help them avoid losing their homes. At least, that was the theory. written by RE Writer
There may also be a rise in the supply of homes on the market as a result of the recent rise in home sales going on as home owners who are struggling to make their mortgage payments. The only thing for sure at this point is that the best way to ride this all out is to spend wisely and research your options before making major financial decisions. written by Tina Fountain
This is not to say people didn't go bankrupt or face large debt, but overall the attitude and acceptance toward refinancing was very different. Sadly, now many of those diligent homeowners who saved all their lives are now victims of the latest mortgage trend – the Reverse Mortgage. No longer able to afford to live off their savings, these retirees have agreed to mortgages that will basically turn over their properties to the hands of the bank when they die. written by RE Writer
Sex has been used to sell just about everything, from toilet paper to coffee. We rarely see it in real estate. This may be why sex in real estate advertising provokes more commentary than, say, sexy images being used to sell cars. written by Lee Keadle
This article is a quick summary of Charleston’s real estate market trends as well as recent news about the South Carolina economy. written by Lee Keadle
This article looks at statistics for real estate showing appointments for the past two months. The number of showings is a good indicator for seeing activity from Charleston, SC home buyers. written by Tina Fountain
This attitude, combined with a glut in the housing market is making selling a home tougher than ever, but not impossible. If a seller can take heed of some basic principles when marketing their home, they will find themselves ahead of the game. written by Andy Asbury
We've been told repeatedly lately, on almost a monthly basis that the recession is over from some sources; while from other sources we're being told that the recession might last into next year. However, what we're often seeing is the result of reporters using the term "recession" rather loosely, or to mean different things. written by Karrie Rose
What people seem to want are the mid-sized homes that don't come with a huge price tag to buy or maintain. These mid-sized homes have enough room for you to comfortably live in without the blatant conspicuous consumption that we're hopefully moving away from as a society now that we actually need to start thinking about what we're spending our hard-earned money on. written by Lee Keadle
These MLS statistics were taken from January through July of 2009. See home sales trends and price decreases, and compare this year to last year for Charleston’s real estate market!
written by Mark Hostetler
Because the public is earning less, they're also spending less; it is much harder for retailers to make their bottom line and afford the inflated rents that they were able to pay for when the country was still enjoying the boom. written by RE Writer
Home owners teetering on the verge of foreclosure are vandalizing their own homes to get a few more dollars out of their homes and wreak some misplaced vengeance on the banks that helped them buy a house in the first place. written by Carolyn Capalbo
One way is by connecting features in your listing to interesting information - history, how-tos, stories, etc. By making your blog of interest to more people than just real estate buyers, you will gain authority and influence beyond your sphere as an agent. In turn, this can help with your marketing of your services. written by Carolyn Capalbo
Self-fulfilling prophecies are frameworks that you operate under that guide your actions and influence you to operate as if the prophecy you make has already come to pass. Therefore if you think positively about an outcome, you tend to act and react as if that outcome is already assured. written by RE Writer
"Pops and scrapes" involve remodeling an existing home—often to increase the size of the residence. "Scrape offs" are older homes that are torn down and replaced with larger houses. written by RE Writer
Oh, I get what you're thinking. You think that a pop up window will force people to contact you before they do anything else. You think that these leads will result in a sale because people want your listings so badly they just can't help themselves. written by Karrie Rose
During this challenging real estate market, agents have been forced to make changes in the way they normally do business. Many have had to dip into reserve funds for extra advertising, promotions or giveaways, while others have agreed to the unthinkable – offering a reduction in their commission. written by Lynn Bulmer
The eventual goal is to reduce energy consumption by 75 percent. Enforcement of these regulations will probably not take place until about 2 years after a policy is put in place. Proposed reductions include: written by Lee Keadle
Earlier this year Forbes named Charleston, South Carolina the ninth strongest real estate market in the United States. When these findings came out, we (as Charleston Realtors) were pleased that Charleston was given such a good outlook. However, we also wondered how Charleston would fare in the coming months. Only now that we are halfway though the year, we are able to see that Charleston’s real estate market the past six months has held its own quite well compared to other cities around the country. written by groshan fabiola
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