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Posts Tagged ‘homebuyers’

Our office’s Realtors go on weekly property tours to see newly listed houses.  This helps us respond better to questions when we are taking calls for the office and also allows us to provide the listing agent and seller with our opinions on pricing, condition, staging, and other variables that affect how quickly the property will [...]

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Recently, I showed a house to a customer who is trying to decide where to move.  Her choices include a range of locations in North Carolina.  She has been just riding around and calling the listing company of each property to set up a showing.  This is pretty common among people who are at an early stage [...]

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The buzz in the mortgage market is that 30 conventional fixed rates are moving above 5% and will likely continue to rise through the spring.  One reason is that since last year, the Fed has been buying large amounts of mortgage-backed securities.  This action has artificially kept the mortgage rates down.  That program is scheduled [...]

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I went to the monthly meeting of the Iredell County Developer’s Council today in Mooresville and enjoyed hearing Rep. Rick Killian speak about various issues he’s working on in the NC legislature.  One that he is working particularly hard for is a North Carolina version of the federal first time home buyer’s tax credit that [...]

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OK, let’s review: House prices have come down to the lowest levels in years.  There’s some evidence that many markets are finding a bottom. Morgage Rates are around 4.75% for a 30 year conventional loan or 6% for a jumbo (over $417,000). USDA mortgage loans that offer no money down transactions for qualifying buyers are [...]

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I keep running into people who don’t know about the government incentive to encourage first time homebuyers to go ahead and make that purchase.  For gosh sakes, you can get up to $8,000 free and clear for buying a house.  This is not a tax deduction like mortgage interest.  This is cash that the government will [...]

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I was talking to a fellow the other day about listing a property he owns.  He’s a landscaper, and occasionally I have need of that service at my house (my bride would like to have a landscaper on retainer, I think).  Anyway, we were talking about things like quality of service, the price to charge [...]

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Lots of people spend time looking at real estate ads in books or at on-line listings.  The listing agents write the  descriptions of the properties in a way that will hopefully cause a buyer to call and inquire about it.  As a public service, below is a list of terms describing properties for sale and [...]

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