The National Association of REALTORS (NAR) surveys home buyers and sellers on an annual basis, and they have published their findings for 2008. Here is a glimpse at the type of folks buying: Married Couples: 61% Single Women: 20% Single Men: 10% Unmarried Couples: 7% Other: 2% Compared to the...
Buyers
Is There a Positive Outlook for This Negative Economy?
Let’s just state the obvious: the economy is in (or close to) a depression. So, how can we stay positive — especially about the real estate market — in this negative economic climate? It seems too unstable to be really confident in buying or selling, but things aren’t always what...
5 Good Reasons to Use a REALTOR
In the current economic climate, many home buyers and sellers are trying to cut costs by avoiding using a REALTOR. Here are 5 good reasons why using a REALTOR is a great idea: We live and breathe real estate. We understand the local real estate market. It is our passion,...
Another Glance at the First Time Home Buyer Tax Credit
The U.S. Government recently passed the Housing and Economic Recovery Act of 2008. It says that the First-Time Homebuyer Tax Credit “makes a qualifying individual or a couple, who is a first-time homebuyer of a principal residence in the United States from April 9, 2008 through April 1, 2009 eligible...
In a Nutshell: Property Taxes, Values and Assessments
Part of purchasing a home is taking on the responsibility of paying property taxes. Even those who have owned their own home for many years may not understand how the city assesses property taxes. Here is a rundown of what that final dollar amount on your property tax bill is...
Number of First-Time Home Buyers on The Rise
Selling an existing home is what many folks worry about these days, knowing they probably won’t get top dollar for their listing. However, first-time home buyers do not have an existing home to worry about, so the number of sales for this group is on the rise. It only makes...