Wednesday, July 17, 2013

How Big Investors are Changing the Housing Market

How Big Investors are Changing the Housing Market

In recent months we’ve seen an increase in housing prices and home sales, but what or whom is responsible for this growth? Well if you’re looking to sell a home, you can thank the mega-investment firms on Wall Street.  
Over the past year, large investors have been spending billions of dollars buying houses in some of the worst real estate markets in the US…





Check:
·       Sell your Home at  theHighest Possible Price”.
·       Increase the chances of getting  More Offers”.
·       Use my Team forFREE Short Sale Services.
·       Pay Less  when you buy from a Home Builder.  

   FrankMHow Big Investors are Changing the Housing Marketoham@gmail.com

How Big Investors are Changing the Housing Market.
The decision to pursue homeownership may be based on many factors: everything from a friend’s decision to purchase a home or a family member’s advice against “throwing your money away on rent” to your bad experience with a landlord or the noisy neighbors sharing your wall. While all of those scenarios (minus peer pressure, of course) may inspire valid arguments for considering the purchase of a home, how do you determine if you’re genuinely ready to join the ranks of homeowners? After all, buying a home is a massive decision and includes multiple, long-term financial and lifestyle obligations. The average person spends around 1/3 of their income on their home. You’ll still need to do the work to make sure your personal finances and holistic life picture are also in alignment before you buy, as well of the work it takes to ensure that your real estate and mortgage decisions are sustainable and smart, over the long-term. A good Buyer’s Agent is invaluable to a Buyer, and can be the difference between a wonderful transaction, and a nightmare.

Tuesday, July 16, 2013

Buying beats renting in 64 percent of metros after three years - Interactive Tool

Buying beats renting in 64 percent of metros after three years - Interactive Tool
Zillow
Buying a home is more affordable than renting in nearly two-thirds of metros after three years of paying for a mortgage. For its calculation, Zillow considered costs associated with buying and renting, such as upfront payments, closing costs, insurance, utilities, and maintenance. In several ZIP codes, the breakeven horizon was as low as 1 year, including areas within Dallas, Philadelphia, Detroit, Riverside, St. Louis, and Tampa.  The decision to buy or rent should always take into account a number of factors, one of which is how long a buyer or renter plans to stay in a property…



Interactive Tool to find the specific breakeven horizon in one’s city 


Check:
·       Sell your Home at  theHighest Possible Price”.
·       Increase the chances of getting  More Offers”.
·       Use my Team forFREE Short Sale Services.
·       Pay Less  when you buy from a Home Builder. 
 
The decision to pursue homeownership may be based on many factors: everything from a friend’s decision to purchase a home or a family member’s advice against “throwing your money away on rent” to your bad experience with a landlord or the noisy neighbors sharing your wall. While all of those scenarios (minus peer pressure, of course) may inspire valid arguments for considering the purchase of a home, how do you determine if you’re genuinely ready to join the ranks of homeowners? After all, buying a home is a massive decision and includes multiple, long-term financial and lifestyle obligations. The average person spends around 1/3 of their income on their home.You’ll still need to do the work to make sure your personal finances and holistic life picture are also in alignment before you buy, as well of the work it takes to ensure that your real estate and mortgage decisions are sustainable and smart, over the long-term. A good Buyer’s Agent is invaluable to a Buyer, and can be the difference between a wonderful transaction, and a nightmare.

Buying beats renting in 64 percent of metros after three years - Interactive Tool