Doug Reynolds, a Sacramento Area Realtor, gives advise and opinion for buyers that are in the hunt for a home. Buyers need to carefully select the Realtor they want to work with, discuss their wants and needs and then hand over their trust to the agent they picked. A lot of times buyers can end up being their own worst enemies in this current market of low inventory, bank owns, foreclosures, short sales and auctions. The most important thing for buyers in this market is taking the time to find the right match with an agent.
Showing posts with label firstime home buyer. Show all posts
Showing posts with label firstime home buyer. Show all posts
Wednesday, February 29, 2012
Pick A Realtor You Trust And Then Let Them Do Their Job.
Doug Reynolds, a Sacramento Area Realtor, gives advise and opinion for buyers that are in the hunt for a home. Buyers need to carefully select the Realtor they want to work with, discuss their wants and needs and then hand over their trust to the agent they picked. A lot of times buyers can end up being their own worst enemies in this current market of low inventory, bank owns, foreclosures, short sales and auctions. The most important thing for buyers in this market is taking the time to find the right match with an agent.
Friday, February 24, 2012
Mood Improves on Home Prices
By Mia Lamar, Wall Street Journal
Consumer expectations for U.S. home prices perked up in December, matching a modest fourth-quarter improvement in the U.S. economy, according to a monthly survey from mortgage market firm Fannie Mae.
For its December reading, Fannie Mae said survey respondents now expect home to rise by 0.8% over the next year, up from the 0.2% gain predicted in November.
Views on the direction of the U.S. economy also improved: 22% of respondents indicated a belief that the U.S. economy is on the right track, marking a 6-percentage-point jump from November’s survey.
On personal finances, 40% of respondents said they anticipate their personal financial situation to strengthen over the next year. Fannie Mae noted the response marks the first time since February that a larger share of respondents indicated they expect improved personal finances rather than finances that will remain the same over the next year.
clear skies,
Doug Reynolds
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Sunday, February 19, 2012
4% Interest Rates ... Are You Freakin' Kidding Me?
Doug Reynolds, a Sacramento Area Realtor, discusses the history of interest rates in America and shows how the current interest rates in 2012 are at record lows for home buyers. The unheard of interest rates of 3.5% and 4% combined with the bottom of the market for prices are creating the best time to ever buy real estate in Sacramento, the beginning of 2012.
What is your interest rate at? Did you ever purchase a home with a mortgage above 12%?
clear skies,
Doug Reynolds
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