Mold
Not all mold is the "toxic black mold." Do your due diligence and ask your Realtor for more information. (more…)
Huh? Fixed-rates are cheaper?
As the Federal Reserve has boosted short-term rates, it has become more expensive to take out adjustable-rate mortgages and home-equity lines of credit. Usually when short-term interest rates go up, long-term interest rates go up as well. But confounding many experts, rates on 10-year Treasurys…
New market indicator from NAR
"After several years of study and data collection, the National Association of Realtors has developed the Pending Home Sales Index (PHSI), a new leading indicator for the housing market.The index aims to provide advance information on future home-sales activity and offers more solid information on…
It’s damned dishonest
When that listing agent allows and even encourages other Realtors to be pushy about getting their buyer-clients in the house before said date, I think that is dishonest and unethical. I don't work that way and this behavior encourages the negative public light in which…
Gross rent multplier
I believe that a lot of the "investment" purchases currently being made in our market do not conform to the statements quoted below, but are based purely on the speculative hope that values increase rapidly...."For me, and most economists, the test of any asset being…
Everybody is doing it
She pointed out that "even they look for houses online," as Jessica was looking at pictures of houses - note that they didn't show her looking at descriptions of houses. This is why each and every one of my listings has tons of pictures and…
Another eminent domain article
WP article - " Could your local government seize the home you own just to transfer it to somebody who promises to pay higher taxes?We may be finding out locally soon in the Greene matter. (more…)