Political pundits around the country were stunned when Donald Trump secured enough to votes to beat Hillary Clinton to become the next President of the United States. While supporters from both sides are still reeling from emotions, we woke up wondering what that would mean for real estate. It’s common for the president to use…
There is a great deal of positive news about the RE market for current Lake Tahoe homeowners. For single-family residences, sales are way up, rising steadily since February of 2013. Unfortunately, for those seeking to purchase their first-ever home, things aren’t quite as cheery. In February 2013, statistics showed the median value of a single-family…
Rising prices are fueling the practice of house flipping, which have some worried about another inflated housing bubble. However, others argue that flippers have a positive impact on the market, creating beneficial transactions for agents and fixing homes in disrepair which increases the overall value of the neighborhood. In California, homes bought and resold within…
Good news agents, the number of prospective buyers signing contracts to buy previously owned homes increased last month to the highest level in three years, which is just one more sign that the housing market’s rebound is well under way. The National Association of Realtors said on Thursday that its seasonally adjusted index for pending…
The percentage of home owners at least two months behind on their payments fell by 21% in the first three months of this year, compared to 2012, according to credit reporting agency TransUnion. The company anticipates the national mortgage delinquency rate will continue to decline in this quarter to about 4.5%. Do you believe the…
As RE professionals you’ve all seen houses that you hesitate showing clients, but do your sellers know the top ten buyer turn-offs? Help your sellers take care of these potential deal killers. 1. Dirt – Nothing will turn away buyers faster than a dirty home. Hire a cleaning service, or do it yourself, just make…
