Tuesday, November 20, 2007
I am just a phone call or an email away, so please don’t hesitate to contact me with any home buying or home selling questions, or just to say hello and Happy Thanksgiving!
I am never too busy for my clients or their referrals; if you or anyone you know can benefit from my years of real estate experience, it is my pledge to provide you and them with the best “Caring Real Estate Service Beyond Expectations” because I really do care, and I want to be the best, and I want you to agree!
In the spirit of the season, I found a great house and home Thanksgiving resource of decorating ideas and recipes here from HGTV , and just for fun, here is some real estate trivia you may enjoy !
Jere Whitehouse - Associate Broker, RE/MAX of Montgomery
Tuesday, November 6, 2007
You can STILL buy a home with No Money Down, under several really great loan programs available, and if you a are a seller in our area and hearing nothing but excuses as to why your home is not selling, let's talk!
This month's issue includes topics such as:
"It's A Buyers Market. So, When Are You Going to Buy?";
"Don't Let Home Heating Wear Out Your Wallet";
"Safeguarding Your Mortgage Application Takes Commonsense";
"Important Facts That Will Affect Real Estate Pricing Over The Next 20+ Years";
"New ID Theft Study Points to Strangers";
Plus a roundup of October real estate activity as well as much more advice and information.
I hope you enjoy this monthly newsletter. If you have any comments, please e-mail them to me. Or, if you would like to see a certain topic covered in future months, let me know that too!
If you wish to recieve this newsletter each month, just call or send me an email and I will be happy to add you to my growing list of satisfied customers
Jere Whitehouse Associate Broker
Caring Real Estate ServiceBeyond Expectations
Copyright © 2007 Realty TimesAll Rights Reserved.
It's A Buyers Market. So, When Are You Going to Buy? A buyer's market is technically defined as: "A market condition characterized by an abundance of goods available for sale." The in-depth definition from the same source is: "When a buyer's market exists in commodities, the buyer is able to be selective in purchasing contracts, as there are many individuals wishing to sell. Furthermore, these buyers will generally be able to purchase contracts at lower prices than those that were previously prevalent." The simple version is: when no one else wants a product of value -- buy it, because the price will be lower whereby you'll be able to maximize your investment for future gain. In essence -- buy low, sell high. When it comes to purchasing real estate, it's not as easy as investing in your 401K or savings account. Those are simple. You can select as little as $1 to invest each
Mortgage Rates U.S. averages as of October 25, 2007:30 yr. fixed: 6.33%15 yr. fixed: 5.99%1 yr. adj: 5.66%30 yr. jumbo: 6.98%
View current rates
Don't Let Home HeatingWear Out Your Wallet As sure as year-end holiday decorations hit the stores months early, the annual home heating fuel cost forecast will put a damper on season's greetings. The U.S. Energy Department's (DOE) 2007-2008 "Short Term Energy and Winter Fuels Outlook" is bleak thanks to both colder weather, than last year and record high fuel costs. Without the cooperation of Mother Nature and oil barons, conservation, weatherization and other fuel saving techniques will be key to saving on heating costs this heating season. Overall, when the four most common types of central heating were considered -- oil, natural gas, propane and electricity -- the DOE said the average cost of heating homes during the heating season will rise nearly $90 or 10 percent this winter compared with last year. Households warmed with heating oil will really get burned. The average heating oil bill is expected to rise by a whopping $319 this heating season,
Safeguarding Your Mortgage Application Takes Commonsense There are several factors that affect the real estate market as a whole. These factors can make the national market swing upward or downward. One is the employment expansion/shrinkage in the job market; secondly, is the availability of money to consumers; thirdly, is the size of the real estate inventory. When all of these come into alignment, you have a killer market that nothing can stop. When one gets out of kilter, it can make the market stall, shrink or halt no matter how strong the other two. It's a three-legged table, as it were. This is why even though you'll hear the stories nationally about real estate, it's not a national phenomenon. In the past year, 13 states have seen home sales price appreciation of more than 5 percent (National Association of Home Builders), as well as the number of home sales beating out the year before. Real estate, like politics, is local. So before you get excited or scared about a particular housing market, look and analyze what's going on locally to make a decision. With that said, there is a factor in preparing for a home purchase that both buyers and sellers have complete control over. Nothing about interest rates, inventory or employment
Winterize AgainstPesky Intruders Here's another reason to plug holes, stop gaps and otherwise winterize your home. Pests that get in can be just as expensive as heat that gets out. The National Pest Management Association (NPMA) says the last thing you want in your home for the holidays are the kind of unwanted guests that can turn out to be real creeps. Roaches can trigger asthma. Mice can gnaw through electrical wires and insulation. So can rats. All three will get into your pantry. Yeech. Unfortunately, just as you want to stay inside where the warmth is delightful, so do vermin and they can be quite frightful. "Pests adapt to the changing environment and seek refuge indoors during the colder months," says Cindy
Daily News and Advice -->Read about the events shaping the Real Estate market today, find current interest rates, or browse the extensive library of advice and how-to articles written by some of the top experts in Real Estate. Updated each weekday.
October Roundup: Rates Fall
Important Facts That Will Affect Real Estate Pricing Over The Next 20+ Years
New ID Theft Study Points to Strangers
Popularity of Outdoor LivingSpaces Increases
Jere Whitehouse, Associate Broker,CRS,ABR,GRI,SRES,E-Pro Phone: 334-324-9485E-mail: Jere@JereWhitehouse.com
Web: www.yesmontgomery.com/ MontgomeryAreaHomeTours.com www.JereWhitehouse.com
RE/MAX of Montgomery334-324-94854240 Carmichael Ct. NorthMontgomery AL 36106
Equal Housing Opportunity
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