Don’t get overwhelmed with one of the most important buying decisions in your life. We discuss new home financial topics including marketing information and the new home building, buying and selling processes.
Question Asked: Our family is ready to build a custom home. We are concerned about making the “wrong choice” due to the current economic situation; we want to make sure the builder is financially SOLID. How do we protect ourselves? The Fredrick’s – St. Johns, FL Response Given: With the housing market being down for …
Question Asked: I know there are a lot of great deals in the market in short sales and foreclosures. Why should I have a home built when there is so much to choose from already built? Response Given: I bet you can predict what a builder would say about this question before reading any further. …
Last winter you declared you’d shoveled the snow off the front walk for the last time. You’ve retired from your job and the kids have all moved away, so there’s nothing keeping you there. It’s time to consider moving to a Florida home.
As we reach the mid-point of 2011, mortgage interest rates are at about 4.5% on a conventional, 30-year loan, according to Freddie Mac, the national mortgage company. To track mortgage rates, go to Freddie Mac. Rates have been on a downward trend this year and have reached their lowest point since fall 2010, but how …
Expect 5.3 million existing-home sales this year, up from 4.9 million in 2010, with additional gains in 2012 to about 5.6 million – that’s a sustainable level given the size of our population. According to GoToby.com, home sales are expected to stay on an uptrend through 2012 and mortgage interest rates should rise gradually to …
Consumers today think it is a good time to buy a new home. According to John Burns Real Estate Consulting Community Building Marketing Intelligence, consumers are focusing on these aspects in planning to buy their next home purchase: 1. Style and design are slightly more important than price 2. Personalization is a very important reason …
Remodeling your home is considerably different from building your new home. Your home becomes a worksite, living side-by-side with the project from start to finish. Not only can this make you stressful, but keeping expenditures under control throughout the remodeling process is another huge factor that most homeowners have to deal with. Better Homes & …
Check this out! Home sales rebounded in 49 states during the fourth quarter with 78 markets – just over half of the available metropolitan areas – experiencing price gains from a year ago, while most of the rest saw price weakness, according to the latest survey by the National Association of REALTORS®. Total state existing-home …