Real Estate Market Trends
All Things Real Estate and Mortgage
Tuesday 05-21-2013 Daily Market Report
This morning we read;
Very early this morning (7:00 am) the stock indexes were unchanged as was the interest rate market. By 9:00 the key indexes were improving and more selling was occurring in the bond and mortgage markets. Yesterday the 10 yr note closed at its highest rate in this current climb higher in rates. The 10 at 1.98% at 9:00 this …
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Code of Ethics Violations Running Rampant
Ever since I decided to buy a home for myself, I have noticed more and more the increasingly unethical manner in which agents deal with their listings. Withholding offers, artificially inflating prices and then selling to their own buyers (so they can increase their own commission) at LOWER prices! It makes me wonder how this market is ever going …
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The problems in Europe escalated overnight
Yesterday in Italy, Prime Minister Berlusconi's offer to resign boosted optimism Italy would appoint a new leader who can tame the debt crisis. Europe and U.S. stock markets rallied and interest rates increased on the idea that progress was being made. That all lasted about 20 hours; this morning Europe's equity markets are lower and in the U.S. the DJIA (Dow Jones Industrial Average) opened down 200 points, the 10-Year Note at 9.30, +32/32 …
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How To Start The Home Buying Process
Starting the Home Buying process Choose a professional who specializes in residential real estate. She or he should have specific knowledge of the local real estate and mortgage markets. Consider references carefully. An experienced, confident Agent can provide you with names of recent buyers in your market with whom he or she has worked. Select a professional who will listen to you. Your Agent should be interested enough in you to find out …
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Investing in Your Real Estate Career
Investing in Your Real Estate Career Have you ever thought about doing real estate as a full-time profession? Have you heard the term "buyer's market" and want to know how YOU can capitalize on that? If you're considering a real estate career, or have begun one and are still new to the industry, there are a few things that are important to keep in mind as you travel along this journey. First, keep in mind that in real estate, as with …
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