BobAgentMorris County, NJ
BEST ANSWER
The biggest investment you will make other than raising your children is buying a home. We all need a place to live and the decision is broken down to 2 basic choices; to own or to rent. There are benefits in both. I have owned homes since I was 21 years and only rented 2 times in my life. If you want a place to call your own, have a budget in ...
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WHY BUY NOW? by BOB IDAKAAR MARCH 2010
1. Is the Market recovering?
Real Estate is Local; meaning that each area is unto itself as far as activity, price and sales.
There is a big misconception about the Housing ...
The Obama administration yesterday announced plans to widen the eligibility parameters of a key housing initiative. Here are six things you need to know about the expanded rescue:
1. Fannie/Freddie only: Despite the higher loan-to-value ceiling, the original framework of the program remains in tact. For example, only borrowers with loans owned or guaranteed by government-controlled housing ...
YEARS FROM NOW , (US) REALTORS WILL BE TALKING ABOUT A FLURRY OF BUSINESS HAPPENING LATER IN THE NORMAL SPRING SELLING SEASON. THAT LADIES AND GENTLEMEN SEEMS TO BE THE TREND WE ARE SEEING NOW.
DESPITE ALL THE ECONOMIC WOES AND WORRIES ABOUT THE ECONOMY; PEOPLE ARE STARTING TO SEE THE AFFORDABILITY AND ADVANTAGE TO BUYING NOW.
WILL PRICES STAY STABLE OR HAVE WE NOT HIT THE BOTTOM YET?
THOSE ...
What an incredible time to buy and Sell Real Estate!
Why do I say that?
Because I am a Realtor?
No, because I am a consumer. Consumers like choice, good prices and good terms.
We have all those 3 key elements right now in the housing market.
For Buyers:
A great inventory spread out over this beautiful area.
We have great prices making home ownership more affordable.
We have incredible and historically ...
Now that President BarackObama's $787 Billion Economic Stimulus Bill has been signed into law and willtake effect on March 4, many American homeowners are anxiously wondering howthis bill may affect the housing market. Despite primarily focusing onbolstering the economy by creating jobs and reviving spending, the bill includessteps to revitalize this critically important segment of the American economy.But ...
Is something like that happening again? Yes. And, the winners are the people who understand these things:
1. Money is on the move. One way to view the current housing crisis is to see it as a transfer of wealth. During the better part of the last decade, the middle class has seen it’s prosperity eroded by a loss of high wage jobs, loss of manufacturing jobs, large migration of extremely low ...
I do not think we have hit bottom in the housing market as many people think.
We have at least another year of price decline and value shifting.
Acording to Jeff Otteau,of the Otteau Reprot, there will be at least a 1% every month
decline in values predicted for 2009.
With more homes being foreclosed on and more short sales turning up these days; values are adjusting ...
