Welcome to the May 25, 2009 edition of real estate market reports.
Housing Report
Jacqulyn Richey presents New Home Builder Closeouts posted at Las Vegas Homes – Henderson Real Estate, saying, “Builders are finally completing communities started in the real estate boom years.”
BrandonLaughridge presents FHA To Allow 8000 Tax Credit To Be Used For Down Payment? posted at Mortgage Loan Place Blog, saying, “Zero down loans may be possible on FHA loans up to about $200k.”
Tallahassee Real Estate presents Killearn Acres Tallahassee posted at Tallahassee Real Estate Blog, saying, “Something interesting I found when I studied the historic home sales in Killearn Acres was that the “boom market” of escalating sales ended early for some reason. Home sales slowed more than a year earlier here than it did in most other Tallahassee subdivisions, though prices did continue to climb until 2007.”
Tallahassee Real Estate presents Different Southwood Home Types See Similar Sales Results posted at Tallahassee Real Estate Blog, saying, “New single family homes in Southwood (price per foot) are selling for less than the resale price per foot. That sure makes for some tough competition when a Southwood homeowner decides to sell a home and tries to compete with builders bringing in supply cheaper than they paid for theirs.”
Local Real Estate Data
Tallahassee Real Estate presents Home Sales In Tallahassee’s Hottest Neighborhoods posted at Tallahassee Real Estate Blog, saying, “One question that pops up often at our CENTURY 21 office in Tallahassee is “where are homes selling in Tallahassee?” People are wondering if there are any movement trends and what Tallahassee subdivisions are experiencing sales at a greater pace then their competitors.
Every once in a while, we like to publish a list of Tallahassee neighborhoods to show what is happening in home sales around Tallahassee. You might be surprised at what subdivisions are hot, and which ones are not…”
Tallahassee Real Estate presents Home Sales In Killearn Estates posted at Tallahassee Real Estate Blog, saying, “While prices have been bashed in the past three years, the long-term appreciation in Killearn Estates is solid. Had you purchased a home there in 1991 and sold it this year, you would have realized an annual appreciation rate of nearly 4%. Considering most people leverage their home purchase with borrowed money, the rate of return is far higher.”
Tallahassee Real Estate presents Home Sales In The Glen At Golden Eagle posted at Tallahassee Real Estate Blog, saying, “Home at the Glen At Golden Eagle have depreciated 19% since the top of the market in 2006! While that certainly is not good news, one should also observe that homes have appreciated 34% since 2001.”
Real Estate Market Report
Jacqulyn Richey presents Las Vegas Housing Market: Foreclosures Down, Sales Up posted at Las Vegas Real Estate News, saying, “A look at the Las Vegas real estate market. A recovery on the horizon?”
R. MAK. presents 30-Year Fixed Mortgage Rates Outlook For 2009 posted at Fair Loan Rate!.
Other Information
Chris presents 5 Car parking options posted at Home I Own, saying, “Detailed explanation how the kind of car parking available and house price are related”
C Richey presents Condo Projects Battling it Out posted at Las Vegas Condos – Las Vegas Condominiums, saying, “Developers are battling in court to save their projects.”
Jim presents How to use the perceived weakness in your product or service to close more sales | B2B Rainmaker posted at B2B Rainmaker, saying, “No one knows your product, service, or company like you do. No one knows more about how great it is. And no one knows more about its flaws. So, why not use all this insider knowledge to your benefit? Especially information on your weakness.”
Tallahassee Real Estate presents Final Thoughts On Appreciation And Price Per Foot posted at Tallahassee Real Estate Blog, saying, “As I was doing research into Tallahassee housing appreciation, I found that a simple methodology utilized historic information on home sales and specifically the selling prices compared to the square footage of the home. If the market price per foot was rising, most likely we were experiencing real appreciation, whereas if the market price per square foot was falling, Tallahassee homes were depreciating.”
Handy Saputra presents 5 Blunders That Can Cost You Approval on Your Home Mortgage posted at Home Loan | Mortgage Resources, saying, “The Homeowner Affordability and Stability Plan recently initiated under the Obama administration will provide millions of people with the opportunity to obtain financing which will allow them to keep their homes. For people currently behind on their mortgage payments, there are provisions in the plan that are designed to help many who are already in or potentially face the threat of foreclosure. However, just applying for a special home loan program doesn’t necessarily mean you’ll automatically be approved.”
Real Estate Market Report
Silicon Valley Blogger presents This Old House Is Worth $1.23 Million posted at The Digerati Life, saying, “A retrospective look at the housing boom.”
Other Information
Handy Saputra presents Fixed Rate Mortgage, What Are The Benefits To You posted at Home Loan | Mortgage Resources, saying, “A fixed rate mortgage does exactly what is says on the tin. The interest rate you agree on at the time you set up the mortgage is fixed for an agreed period. The agreed interest rate will not go up (or down) during the fixed rate term.”
Diego Cervantes presents the Ultimate Guide to Web Marketing for Real Estate Agents posted at Real Estate Agent Database Blog.
Handy Saputra presents Should you try a loan modification on your own posted at Home Loan | Mortgage Resources, saying, “With the crisis in the housing industry and the current downturn in the economy, loan modification has become a very hot topic. After all, now there are thousands of Americans that are facing foreclosure on their homes. Of course listening to the news and the current actions in the Homeowner Affordability and Stability Act of 2009 from Congress gives homeowners hope that they can renegotiate their home loan and get a home modification that will provide them with lower payments and a way that they can keep their home.”
Handy Saputra presents How to Plan Your New Home Purchase in 4 Easy Steps posted at Home Loan | Mortgage Resources, saying, “Most people are likely to indulge in home buying once or twice in their lifetime. Usually it will be a home where they will live for at least a decade or two. So it is natural to assume that a considerable amount of thought and planning needs to go into choosing and purchasing a home.”
That concludes this edition. Submit your blog article to the next edition of real estate market reports using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.
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