PowerPoint Presentation for Home Buyers


PowerPoint Presentation for Home Buyers

Coldwell Banker Barnes has a PowerPoint presentation detailing the steps in buying a home.  Whether you are buying your first home or your tenth home this information can help you sort through the details.  This information will be especially useful to first time home buyers.

To receive a copy of this free, no obligation PowerPoint send me an email to RolandLow1@gmail.com and I will forward an electronic copy to you.  If you prefer a printed copy, please provide your name and address and I will send a copy via U.S. mail. This information should not take the place of REALTOR that is dedicated to walking you through the process.

If you are thinking of buying or selling, talk to a REALTOR who can give you the facts you need to make an informed decision.  As always, if I can help with any of your real estate needs, please feel free to text or call me at 615 417-8182 or email me at RolandLow1@gmail.com.

Roland

Housing Issues to Watch in 2013


Housing Issues to Watch in 2013

With marked gains in 2012, housing experts expect the housing market to continue to gain momentum in 2013.

The Wall Street Journal recently offered up some chief housing issues likely to be important in the New Year. These include:

  • Inventories rise: To meet the increased demand, home      builders are increasing production and more sellers may be more willing to      test the market as housing prices increase.
  • Home prices spur demand: More buyers have urgency with home      purchases as rents rise, housing values gain momentum, and mortgage rates      remain low.
  • Credit remains tight: “While rising prices could serve as a      tailwind, new regulations may lock in some of the defensive underwriting      posture while impeding capital rules may lead banks to pare their lending      footprint,” The Wall Street Journal predicts.
  • Broader economy dictates how far      recovery goes: If unemployment decreases and the economy improves, many of the biggest challenges facing the housing market would likely fade, such as tight credit, the large number of underwater home owners, and a high rate of foreclosures.

If you are thinking of buying or selling, talk to a REALTOR who can give you the information you need to make an informed decision.  As always, if I can help with any of your real estate needs, please feel free to text or call me at 615 417-8182 or email me at RolandLow1@gmail.com.

Roland

Source: REALTOR Magazine

 

Fun Facts and Inspiration for December 16


Fun Facts and Inspiration for December 16 

Inspiration . . .

“If you stand straight, do not fear a crooked shadow.”   Chinese Proverb

Did you know . .

Clingmans Dome is the highest point in Tennessee at 6,643 feet (and the highest point in the Smokies)?

Condiments available on the Space Shuttle included salt, pepper, taco sauce, hot pepper sauce, ketchup, mayonnaise, and mustard.

Olive trees in the eastern Mediterranean are estimated to be over 2,000 years old?

The energy used by the brain is enough to light a 25-watt light bulb?

About 20% of all gift cards are never redeemed at the full value of the card? (can you say, pure profit?)

There are more than 40,000 species of spiders world wide?

In real estate, the tried and true formula to determine ROI (return on investment) is as follows:

Income from investment – expenses for investment     =  ROI

Total Cost of Investment

If you need help sorting between fact and fiction in real estate, call a REALTOR who can give you the information you need to make an informed decision.

As always, if I can help with any of your real estate needs please feel free to text or call me at 615 417-8182 or email me at RolandLow1@gmail.com.

Roland

 

U.S. Job Market About to Get a Lift from Low Housing Inventories


U.S. Job Market About to Get a Lift from Low Housing Inventories

The job market is about to get a lift from the housing market.  With interest rates remaining in the historically low level, and fewer homes on the market, new home builders are scrambling to build homes fast enough.

The NAR (National Association of REALTORS® is expecting a large increase in home sales this spring.  With the number of homes on the market down over previous years, and pent up demand, builders are under the gun to build homes.  Existing home inventory has declined 47% from its high in 2007.

On average, for every new home built, there are three full time positions for one year.  The estimate for single-family housing starts is to go from 530,000 this year to 640,000 next year.  That increase would result in 330,000 additional full time jobs added next year.

If you are thinking of buying or selling, talk to a REALTOR who can give you the information you need to make an informed decision.  As always, if I can help with any of your real estate needs, please feel free to text or call me at 615 417-8182 or email me at RolandLow1@gmail.com.

Roland

Great Expectations for Real Estate in 2013


The housing market is expected to continue its rise in the New Year, according to Freddie Mac’s U.S. Economic and Housing Market Outlook for December.

Continuing to keep home affordability low, mortgage rates will likely remain near their record lows in the first half of 2013, Freddie Mac reports. However, the all-time low rates are expected to start inching up slowly during the second half of the year.

Still, mortgage rates are expected to stay below 4 percent, Freddie Mac reports.

Some other forecasts for the housing market in 2013, according to Freddie Mac’s report:

Home values are expected to increase 2 to 3 percent next year.
Household formation is expected to increase to a net 1.20 million to 1.25 million household in 2013. Housing starts are expected to reach near the 1 million annualized pace by the fourth quarter.
Vacancy rates are expected to drop to 2002 and 2003 levels for apartments and single-family homes for-sale “as household formation outpaces new construction.”
“The last few months have brought a spate of favorable news on the U.S. housing market with construction up, more home sales, and home-value growth turning positive,” says Frank Nothaft, Freddie Mac’s chief economist. “This has been a big change from a year ago, when some analysts worried that the looming ‘shadow inventory’ would keep the housing sector mired in an economic depression. Instead, the housing market is healing, is contributing positively to GDP and is returning to its traditional role of supporting the economic recovery.”

If you are thinking of buying or selling, talk to a REALTOR who can give you the facts you need to make an informed decision.

As always, if I can help with any of your real estate needs, please feel free to text or call me at 615 417-8182 or email me at RolandLow1@gmail.com.

Roland

Source: Freddie Mac