The Need for a True Real Estate Professional

A good article for anyone thinking of selling their home.

The Need for a True Real Estate Professional

Common Sense Isn’t Common Practice

I thought this was a good article summarizing how times have changed in the lending arena. Common Sense Isn’t Common Practice

Affordable Florida Family Vacation Offer

I thought I would take a break away from my busy Real Estate business today and share this great opportunity to take the kids to Orlando this year.  Click here for more info and have a great time.

Waiting Until Spring Could Be Very Expensive

Over the last 30 years, many sellers have waited until the spring to sell their homes.  The logic was that demand for homes increased in the spring and therefore you may get a better price for your home.  Demand will again increase this spring.

However, the big difference is that supply will also increase this spring especially as hefty inventories of distressed properties find their way to the market.  Most experts feel that this increase in discounted properties will be greater then any increase in demand thus putting additional downward pressure on prices.  for more information on this, read http://www.kcmblog.com/2011/10/18/house-prices-where-they-will-be-in-the-spring/

If you are in the market to buy and not sell this effects you as well.  Even though prices will soften, that does not mean you should not buy now.  Remember, as a seller you are concerned about PRICE.  As a buyer you are concerned about COST.  The additional costs in obtaining a mortgage in the future may far outweigh any depreciation in value.  You may not believe me so here are some statistics from other sources that might sway you;

Forbes Magazine: The Next Mortgage Crisis
Wall Street Journal: It's Time to Buy That House
MarketWatch.com: Now Might Be the Best Time Ever to Buy a Home

JP Morgan Market Insights: Housing: A Time To Buy

Questions, I am sure there are many . . . .  contact me anytime at 608-354-8107 or starks@firstweber.com

Real Estate Tracks December E-Newsletter

For the Fourth Straight Month, Wisconsin's Monthly Home Sales Outpaced Last Year

To Learn More Read My December Real Estate Tracks Newsletter by Clicking Here

Strong Lure for Prospective Home Buyers

As shared in a recent Wall Street Journal article, "Mortgage rates are a big reason why affordability continues to improve. In 1991, a $1,700 mortgage payment allowed a borrower to take out a $200,000 mortgage. Today, it gets that homeowner a $350,000 loan, a 77% increase in borrowing power, says Dan Green, a loan officer with Waterstone Mortgage"  read more

Spectacular Luxury Dining Rooms

With Thanksgiving almost upon this we are all thinking of Holiday Decorating. Check out these amazing dining rooms on Luxury Homes.

Spectacular Luxury Dining Rooms