by The KCM Crew on May 29, 2012 · 0 comments The real estate market continues to heat up as we head into the summer. Will this increase in demand equate to an increase in home prices? That depends. Remember, the price of any item is determined by the supply of and demand for that …
As I travel across the country speaking with thousands of agents a month, I am always amazed at the first two questions I am usually asked: What impact will the European economic crisis have on real estate here in the U.S.? Shouldn’t people wait until after the election to find out who will be the …
*as a percentage of all mortgaged homes For more information go here.
This blog often discusses the data behind the housing market. Today, we want to address the emotion behind the market comeback; a belief in homeownership which is still alive and well in this country. A study conducted by Coldwell Banker and psychotherapist Dr. Robi Ludwig found that owning a home is still very much a …
Everyone these days keeps talking about how now is the right time to buy because housing prices and interest rates are low. But, maybe you’re not ready quite yet to buy a new home, and you want to know how long you can wait before interest rates will rise again. Here are a few quick …
How Would I Know if Interest Rates are Expected to Go Up or Down? Read More »
A recent report by Metrostudy, a national housing intelligence and consulting firm, found that the Atlanta housing market could see an increase in demand after expected positive employment figures are released. New jobs in Atlanta through March 2012 increased by 27,400 portions. “Forecasters are predicting net employment gains in Atlanta for 2012 above 30,000,” said …
Metrostudy: Atlanta Real Estate Demand on the Rise Read More »
I’ve been told that 29% of all contracts signed never make it to the closing table- that nearly 3 in 10 transactions where a buyer and seller have come to terms (no easy feat in this market) fall apart. In a more normal market, I would say 90% of deals close. So, I figured if …
It seems that there is a significant amount of confusion when it comes to purchasing a short sale. There are many misconceptions when it comes to this type of transaction, so below I have provided some information to potential buyers of short sales. If you are looking to purchase a short sale, understand that it …
Are You a Buyer Looking to Purchase a Short Sale? Read More »
Last week, the National Association of Realtors (NAR) released their Pending Sales Report which showed that contracted sales were 12.8% higher than the same month last year and higher than any time since sales were impacted by the Homebuyers’ Credit back in April of 2010. The index stood at 101.4 which represents a level that …
Further Proof the Real Estate Market Is Coming Back Read More »
