1. Coldwell Banker is the #1 real estate company in Colorado and throughout the United States.
2. They pledge to deliver remarkable service and create exceptional real estate experiences for customers.
3. Coldwell Banker has various marketing resources that provide exposure for listings, including professional photography, advertisements in magazines, direct mailers to neighbors, and television commercials.
Metro Area Monthly Mortgage Payments: 2005 vs 2010NAR Research
The document compares median home prices and estimated monthly mortgage payments in 2010 and 2005 for various metro areas in the United States. It shows that for most metro areas, median home prices and monthly payments decreased between 2005 and 2010, with percentage decreases typically ranging from 5-50%. A few metro areas such as Honolulu saw smaller decreases or even increases over this period.
Home prices were relatively stable in November and December according to most data sources, with slight declines reported for both the month and year by many measures. However, some measures showed slight price increases and new home prices rose robustly. Rising home sales and shrinking inventories are expected to contribute to ongoing price stability, especially for new homes which have inventories near record lows. Strong job growth and increases in job openings and hires bode well for continued growth in home sales and prices in the coming months.
Making an offer on the perfect winnipeg homeBrian Bernacki
Using a buyer's agent can help homebuyers make the right offer on a Winnipeg home. The agent can provide a Comparative Market Analysis (CMA) that gives information on recent sale prices of comparable homes in the area to guide the offer price. While each home is priced individually, the CMA provides market context. It also indicates if a home seems overpriced or offers a potential bargain. With the agent's expertise and market data, homebuyers can negotiate effectively and submit an offer that may be accepted in today's competitive housing market with multiple offers.
This document outlines a business plan for an online real estate company that aims to provide a one-stop shop for real estate needs through innovative technology and outstanding customer service. The company will generate revenue through service fees and advertising. It expects to acquire customers through internet, social media, and local advertising. The goal is to capture 1.5% of the US real estate market and achieve $21 million in revenue by year 3 through lowering fees, streamlining the transaction process, and providing additional services and incentives to buyers and sellers. Securing seed capital from angel investors and venture capital will help the company achieve its growth projections.
Daily Economic Update for December 9, 2010NAR Research
The number of Americans filing for unemployment insurance fell last week to 421,000, down from 438,000 the previous week. The 4-week moving average also dropped to its lowest level in over two years, indicating ongoing improvement in the labor market. Continuing unemployment claims also significantly declined by 191,000 to 4.09 million, showing that fewer people remain out of work.
The document discusses recent inflation trends in the US. While headline and core inflation have been moderate according to price indices, prices for crude materials and some commodities like gold have risen strongly. A weakening US dollar could also add inflationary pressure by making imports more expensive. Overall inflation does not currently appear to be a major concern, but some specific areas like food and energy prices warrant monitoring.
Location is the most important factor in real estate value. While it's generally cheaper to rent than buy, location plays a big role. Listing a home at an inflated price risks buyers passing it by waiting for a lower price. Offering a set percentage below asking, like 10%, is an oversimplification - many factors go into determining a competitive offer amount. For-sale-by-owner listings typically sell for less than those with an agent and often don't sell at all, wasting the seller's time. Real estate rules of thumb don't always apply given the complexities of each local market.
1. Coldwell Banker is the #1 real estate company in Colorado and throughout the United States.
2. They pledge to deliver remarkable service and create exceptional real estate experiences for customers.
3. Coldwell Banker has various marketing resources that provide exposure for listings, including professional photography, advertisements in magazines, direct mailers to neighbors, and television commercials.
Metro Area Monthly Mortgage Payments: 2005 vs 2010NAR Research
The document compares median home prices and estimated monthly mortgage payments in 2010 and 2005 for various metro areas in the United States. It shows that for most metro areas, median home prices and monthly payments decreased between 2005 and 2010, with percentage decreases typically ranging from 5-50%. A few metro areas such as Honolulu saw smaller decreases or even increases over this period.
Home prices were relatively stable in November and December according to most data sources, with slight declines reported for both the month and year by many measures. However, some measures showed slight price increases and new home prices rose robustly. Rising home sales and shrinking inventories are expected to contribute to ongoing price stability, especially for new homes which have inventories near record lows. Strong job growth and increases in job openings and hires bode well for continued growth in home sales and prices in the coming months.
Making an offer on the perfect winnipeg homeBrian Bernacki
Using a buyer's agent can help homebuyers make the right offer on a Winnipeg home. The agent can provide a Comparative Market Analysis (CMA) that gives information on recent sale prices of comparable homes in the area to guide the offer price. While each home is priced individually, the CMA provides market context. It also indicates if a home seems overpriced or offers a potential bargain. With the agent's expertise and market data, homebuyers can negotiate effectively and submit an offer that may be accepted in today's competitive housing market with multiple offers.
This document outlines a business plan for an online real estate company that aims to provide a one-stop shop for real estate needs through innovative technology and outstanding customer service. The company will generate revenue through service fees and advertising. It expects to acquire customers through internet, social media, and local advertising. The goal is to capture 1.5% of the US real estate market and achieve $21 million in revenue by year 3 through lowering fees, streamlining the transaction process, and providing additional services and incentives to buyers and sellers. Securing seed capital from angel investors and venture capital will help the company achieve its growth projections.
Daily Economic Update for December 9, 2010NAR Research
The number of Americans filing for unemployment insurance fell last week to 421,000, down from 438,000 the previous week. The 4-week moving average also dropped to its lowest level in over two years, indicating ongoing improvement in the labor market. Continuing unemployment claims also significantly declined by 191,000 to 4.09 million, showing that fewer people remain out of work.
The document discusses recent inflation trends in the US. While headline and core inflation have been moderate according to price indices, prices for crude materials and some commodities like gold have risen strongly. A weakening US dollar could also add inflationary pressure by making imports more expensive. Overall inflation does not currently appear to be a major concern, but some specific areas like food and energy prices warrant monitoring.
Location is the most important factor in real estate value. While it's generally cheaper to rent than buy, location plays a big role. Listing a home at an inflated price risks buyers passing it by waiting for a lower price. Offering a set percentage below asking, like 10%, is an oversimplification - many factors go into determining a competitive offer amount. For-sale-by-owner listings typically sell for less than those with an agent and often don't sell at all, wasting the seller's time. Real estate rules of thumb don't always apply given the complexities of each local market.
The document provides tips for selling a house that is not attracting buyers. It suggests reviewing listing photos, feedback on the home's dated features, cleanliness, and ease of viewing. The key factors are pricing accurately based on current market conditions and comparable recent sales. If a home has been listed for months with no offers, the seller likely needs to significantly reduce the price, by at least 5-10%, to attract buyers and sell the home. An experienced real estate agent can help determine the right price reduction strategy given market trends in the local area.
Beat The Competition And Sell Your Home This SpringDebbie Drummond
Spring is a popular season for selling and buying homes. You may find a little more competition from other sellers because it is so popular. These are some great tips to help you beat the competition to get your home sold for the best price in the least amount of time.
If you find yourself wanting to do something a bit different while in Las Vegas, we recommend the Zappos Tour. It's a great learning experience for anyone in marketing or who manages employees. And it's interesting. Make a day out of it by doing lunch at one of the many great restaurants nearby followed by a visit to the Downtown Container Park for a little retail therapy.
Low Ball Offers in Real Estate - Do They Work?Debbie Drummond
Low Ball Offers in Real Estate is a good read for buyers and sellers. It's unfortunately one of the things sellers may have to deal with and a good reason for sellers to price their homes right from the beginning.
Buyers should give careful consideration to their options before proceeding with a lowball offer. The time they waste on submitting lowball offers could cost them more than they save if home prices and/or interest rates go up while they're trying to get a "steal".
We look at the rare occasions where they may succeed and how you should use them if you do want to "negotiate".
The document provides tips for selling a house that is not attracting buyers. It suggests reviewing listing photos, feedback on the home's dated features, cleanliness, and ease of viewing. The key factors are pricing accurately based on current market conditions and comparable recent sales. If a home has been listed for months with no offers, the seller likely needs to significantly reduce the price, by at least 5-10%, to attract buyers and sell the home. An experienced real estate agent can help determine the right price reduction strategy given market trends in the local area.
Beat The Competition And Sell Your Home This SpringDebbie Drummond
Spring is a popular season for selling and buying homes. You may find a little more competition from other sellers because it is so popular. These are some great tips to help you beat the competition to get your home sold for the best price in the least amount of time.
If you find yourself wanting to do something a bit different while in Las Vegas, we recommend the Zappos Tour. It's a great learning experience for anyone in marketing or who manages employees. And it's interesting. Make a day out of it by doing lunch at one of the many great restaurants nearby followed by a visit to the Downtown Container Park for a little retail therapy.
Low Ball Offers in Real Estate - Do They Work?Debbie Drummond
Low Ball Offers in Real Estate is a good read for buyers and sellers. It's unfortunately one of the things sellers may have to deal with and a good reason for sellers to price their homes right from the beginning.
Buyers should give careful consideration to their options before proceeding with a lowball offer. The time they waste on submitting lowball offers could cost them more than they save if home prices and/or interest rates go up while they're trying to get a "steal".
We look at the rare occasions where they may succeed and how you should use them if you do want to "negotiate".
1. Homeowners Associations – What You Should Know
thelasvegasluxuryhomepro.com /homeowners-associations-what-you-should-know/
Homeowners Associations are also known as Common Interest
Communities. Some homeowners prefer owning in them. They provide
a sense of stability and security. If you want a luxury home in a guardgated community, expect an Association.
For other homeowners, an HOA can feel like your parents are still telling
you what you can and cannot do. There’s also the matter of the monthly
fee.
A few things you should know Homeowners
Associations Find out what you’re buying into before you buy! NV State law mandates that sellers must provide a copy of the
Homeowners Association Documents. This includes the Rules & Regulations, Bylaws, Financials, etc. The copy should be
current with minutes from recent board meetings included.
At the peak of the foreclosure flood, banks got tired of paying the $200-$300 fees for HOA Resale Packages. They started
insisting that buyers pay for the HOA package themselves. They often agreed to reimburse the buyer at successful close of
escrow. Luckily, the NV State Legislature took action. Now the seller has to provide the documents at the seller’s expense.
Once ordered, Homeowner’s Associations have 10 days to provide the current copy of the documents. Selling? You or your
agent should order the documents as soon as you have accepted the offer.
Homeowners Associations can and do have the ability to foreclose . There
have been lots of complaints about collection agencies HOAs use for overdue fees.
The collection agencies can tack on their own fees and a few hundred dollars may
turn into $4000. Each Association has their own policies for collecting past due
accounts and at what point they will foreclose. Any Homeowner’s Association can
foreclose under the right conditions.
Buyers have five days to review and accept/reject the CIC package . Once
you receive the documents, review them. If you find something that you cannot
live with, you may cancel the deal based on the issue. Things you should review
include the HOA’s reserves and their budgets. Make sure there are no rules that
you cannot follow. A common rule prohibits parking commercial vehicles on the
streets. If you have your own business with signs on a van that doesn’t fit in the garage, this could be a deal breaker. It’s much
better that you discover what you can and cannot do before you own the home.
2. Rules and Regulations – Each Association has their own set of rules
which can change over time. Common Things that HOAs can control
include the colors you can paint the exterior of your home. Some HOAs
will take care of the front landscaping but most don’t. We often hear
from owners when they get fined because a plant or shrub has died.
The HOA controls where you can park other than inside your closed
garage. Some limit how long you can leave your garage door open.
They state what days and times you can put garbage on the street for
pick-up and what containers you can use for it. Some state how fast you
can drive through the community and can give tickets for speeding.
Rent restrictions have become popular in some associations. Pet
owners will want to check for any limits or restrictions on the type and
number of pets allowed. Not all associations have rules for each of
these issues but many do. That is why you need to read the documents.
Fees are subject to change! When you review the HOA documents,
pay attention to the budgets and reserves. Does the Association have a
cushion for emergency repairs to the security gate? Does it look like the
monthly income covers the monthly expense? Under what circumstances can the Board of Directors increase the monthly fee?
Read the minutes from the Board meetings. Have they been discussing an increase in rates? Is the Board considering a repair
project that might result in higher fees or assessments? Most Associations have leeway for minor fee increases.
What if you have a disagreement with the HOA? This is a question we’ve heard a lot. You should call the HOA and/or their
management company if you have questions about fines or letters you receive from them. If the issue isn’t resolved, there is a
State office where you can file a complaint. It’s the Ombudsman for Homeowner’s Associations.
Homeowners Associations – What You Should Know
Homeowners Associations work to maintain and improve home values within the community. Just remember, your neighbors
have to follow the rules too. It ensures that other homes on your street are well maintained and you won’t have an eyesore next
door. A well maintained community is desirable and property values will reflect it. Communities like Summerlin or Green
Valley show that Associations help maintain values.
Don’t want to pay a monthly fee? Don’t want to live under an Association’s prying eyes? We can find you homes that are not
governed by an Association.
This article is courtesy of Debbie Drummond, a top Las Vegas Realtor. For more info, call (702)354-6900 or email
Debbie@LVHomePro.com.