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Showing posts with label homeownership. Show all posts
Showing posts with label homeownership. Show all posts

Monday, April 22, 2013

Is it time to sell in the market's Buyer Bidding War?

By Yvette Betancourt 

Homebuyers are streaming through open houses and making tens of thousands of dollars above asking price and still coming away empty-handed. 

The high intense demand has sent prices soaring, according to a report released Thursday by DataQuick.  This growing demand meets an exceptionally low supply of homes for sale.  

In desirable areas, open houses are jam packed which has created a frenzy of offers coming in within 24 hours or less and sales pending within a week! 

Homeowners, its has rarely been easier to sell.  

Get to know the process of selling your home in today's market. 

Monday, October 22, 2012

Generation X and Y: More Knowledgeable about Homeownership since Housing Crisis


The housing crisis has made Generation X and Y more knowledge about homeownership according to a Better Homes and Gardens Real Estate, the online survey of 1,001 members during the Summer.  69% were ready to buy but unsure if they can maintain their lifestyle and the responsibility of homeownership while 61% have landed a secure job to start their path to homeownership.    

The future soon-to-be-buyers have stated that the tops three research before buying a home was home prices in prime neighborhood, interest rates and the securing a loan. I would say these are great areas to focus on. 

62% said that adjusting their lifestyle to save a home, 40% would work a second job or 23% would move back home with their parents.  

Sounds like the ups and downs of the housing crisis has influenced the Gen x and Gen Y about the risks and rewards of home-buying.  

For more tips, go to www.BetancourtRealEstateGroup.com

Tuesday, July 10, 2012

Optimism on Homeownership Improves in June

Despite the stalling optimism about the economy and personal finances, Americans' attitude continues to improve.

A Mortgage-finance company's survey of 1,001 Americans found the 73% believe to be a good time to buy while 15% said it was a good time to sell.

The big questions remains: will this upward trend continue?  Only time will tell.

Keep in mind that while home prices remain to stabilize, rental costs are increasing, and interest rates are a historic low, the optimism of homeowners will continue throughout 2012.