Archive for 'Selling'
Martha’s Vineyard Remake
29 May 2010In hopes of staving off the housing crisis’s effects on the exclusive resort town, property owners have resorted to converting luxury hotels into luxury condominiums instead. The lower premiums and costs associated with the move is lower than what would be expected of luxury homes and is expected to take them well into the time [...]
Vacation homes and Investment Properties – Strong and Steady
5 October 2009The movement may be slow but the investments and purchases of vacation homes and other luxury properties by foreigners continue to maintain momentum. This is providing just enough juice to prevent the hose sales market wheels from grinding to a complete halt which would mean the loss of hundreds if not millions of jobs in [...]
Homes, now cheaper than Ever
25 August 2009If area is taken into account, the current home prices in the US are at the lowest levels in many years and that goes for all the levels of the spectrum. The realty business has relied on the price/square foot metric to avoid the influencing of house sizes on pricing trends.
The prices per square foot [...]
Reverse Mortgage Supplemental Retirement Financing Strategy
13 August 2008Image Source: www.bestsyndication.com
A reverse mortgage is a loan for senior citizens. It is often used to cover medical expenses, and is becoming a common way for retired persons to supplement their existing monthly retirement income.
This is a loan that senior home owners may take against their current home. You don’t need to pay monthly [...]
Extremely Low House Prices, Call for Extreme Measures
5 May 2008People who have been finding it hard to sell their existing luxury homes for more affordable ones that can keep easily are finding it harder and harder to find prospective buyers. Many have turned to extreme measures for their house selling efforts such as hiring Feng Shui experts to do some adjustments to increase the [...]
Sale of Vacant homes Hits Record High
29 April 2008The Census Bureau in a report has shown that the volume of vacant houses that are coming up for sale is at a high of 2.9% of all US homes and that figure excludes rental properties. The last highest level was recorded way back 1956 and the figures are sending shivers to homeowners as they [...]
House Prices Leveling out – DEEP!
1 April 2008The idea that the housing market has started to level out is not accepted for there are not enough house sales to signify such. Imagine a home sale rate of 3.0% for January and that gives you a picture of a housing market that may take forever to recover. The Federal Government has said that [...]
House Sales – Where?????
29 March 2008House sales remain low if not stagnant due to problems in all avenues of the business sector. Inflation brought about by excessive expenditure into the two wars the US is part of, the ailing economy that has already dug deep into their reserves, and many more issues such as with insurance and others continue to [...]
New Home Sales at Lowest Levels
9 March 2008New home sales are at their lowest points in 13 years and the economic slowdown has further affected the usually booming new house market. Mortgage lenders are expected to come up with more than 20 billion dollars in funds to cover losses. The effects would be long lasting as analysts expect the shake down market [...]
Planning to re-model then sell, think again
9 February 2008The luxuries of the past are not getting the attention they used to in terms of added value for your house. This has been seen as a trend brokers and sellers alike are noticing advising those who plan to do so to hold on a bit, well till the slump in the market has passed(whenever [...]
