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Higher Interest Rates May Help Housing Market, But Is It the Right Time?

Higher Interest Rates May Help Housing Market, But Is It the Right Time?

Image Source: Flickr ‍ The housing market has been experiencing a rough patch in recent months. House prices have plateaued, mortgage rates have risen and homebuyer confidence has taken a hit. But there could be a silver lining for buyers looking for a bargain. Higher interest rates could be a sign that the housing market is bottoming out and will soon rebound. If you’ve been looking to buy a…

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‘We’ll buy your house now…’

What a lot of sellers don’t realize when you use one of these type companies you are not getting full price for your home. Of course it’s understandable that some people just want to sell their house and be done with it. BUT, what a seller may not realize is the additional fees a seller would pay can be up to 6-8% of the purchase price. That’s a pretty big hit on a bottom line. Of course I will…

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Whining about losing an offer…

One of my colleagues was whining about not getting a contract accepted. I think he believed that he was not being treated fairly when attempting to show the property. Unfortunately what has been happening in this market is properties are being snapped up almost immediately. We are literally selling homes that are in the CONING SOON status which means we are letting you know ‘this property is…

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When is enough ENOUGH?

When is enough ENOUGH?

When I take listings I will take it at 4%. For those who don’t understand what that means is there are TWO sides to a real estate transaction. There is a seller side (person selling their home) and a buyer side (person buying a home). As a listing agent I take the listing and the seller agrees to what he/she is willing to pay for my services. In traditional times this 4% fee is split 2% for the…

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Fair Housing month? National Association of Realtors is a JOKE!

Fair Housing month? National Association of Realtors is a JOKE!

The National Association of Realtors has deemed April to be Fair Housing Month. This is extremely hypocritical as every Realtor I try and work with ANTI FAIR HOUSING when it comes to working with the Housing Choice Voucher Program (aka Section 8). Fair housing basically states you can not be denied housing based on race, color, creed, familial stays, gender, or finances. The problem is that most…

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I offered a helping hand but…

Someone posted on our internal message board they were looking for a study guide to a neighboring state. I am licensed in that state and have a study guide albeit from 2018 but useful nonetheless. When I spoke to the agent she insisted she only needed the state portion of the exam test questions. I explained it is a general study guide for the entire test. I don’t have one specifically for the…

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‘ I need showing help…’

This is a personal pet peeve of mine. Unfortunately A LOT of Realtors are lazy or just not a full time Realtor. These Realtors have other Realtors showing their clients property. If I am your client you should be showing me the property not a random person you contact to show the property. My biggest problem with this is in the extremely crazy market many times when a property is shown the…

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Should I attend an inspection he asked?

I can’t really get on this guy for this question. But as your Realtor I always attend the home inspection. The home inspection let’s us know what is going on in the house. What we see isn’t always what we get. Also after an inspection it can open up a new round of negotiations. Not tons of dollars but it opens up a line to get credit for things that have to be fixed in the home.

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How long should my buyer take to respond to an offer

This was the question I saw yesterday. Seeing that we are in such an aggressive market your seller should respond to an offer within 24hours. This is just common courtesy. We submit an offer and we want an answer asap so we can counter or if there just won’t be a meeting of the minds then we move on I thought this was common knowledge but as I said my colleagues may not always use their…

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Goldman Sachs Backs Single-Family Rental Fund for Small Investors

Goldman Sachs Backs Single-Family Rental Fund for Small Investors

http://www.shoookie.com Please call me if I can assist you 703-228-9788 Real-estate firm Fundrise is ramping up its home purchases Fundrise recently invested in a rental-home community in Sandy Springs, Ga. Goldman Sachs last week provided a $300 million credit facility to the company.PHOTO: KEVIN MCNAIR By Konrad Putzier Listen to this article  3 minutes00:00 / 03:171xThis article is in…

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As the Pandemic Appears to Wane, the Number of Homes for Sale Rises

As the Pandemic Appears to Wane, the Number of Homes for Sale Rises

http://www.shoookie.com Call me if I can assist you in any way 703-228-9788 Everybody has their ideal dream home in their dream city. Some yearn for a white picket fence in a quiet suburb. Others love the hustle and bustle of a New York apartment. San Francisco, the city by the Bay, has a little of both which may be why the number of homes for sale has since ticked up another 4 percent from a…

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World's Most Beautiful Beach Cities Where You Can Live for Dirt Cheap

World’s Most Beautiful Beach Cities Where You Can Live for Dirt Cheap

http://www.shoookie.com Call me if I can help 703-228-9788 By Matt Meltzer and Bruce Northam Las Palmas, Gran Canaria, Spainnito/shutterstock More than a few Americans fantasize about picking up their lives and moving to some seaside villa in a country where your rent is less than a car payment. It’s a fantasy because while it might be affordable, few people actually end up doing it. There…

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Apple Watch Series 6 Review: Six months of Pandemic Intervention

Apple Watch Series 6 Review: Six months of Pandemic Intervention

http://www.shoookie.com Please call or text me if I can assist you 703-228-9788 Chris Davies EDITORS’ RATING: 9/10PROS Tight integration with iPhoneComprehensive fitness trackingBlood oxygen and ECG sensors are useful & reassuringLong battery life CONS Siri can be hit & miss stillCellular version gets expensive You take your health for granted, right up to the point where a global pandemic…

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Anthony Fauci’s pandemic emails: ‘All is well despite some crazy people in this world’

Anthony Fauci’s pandemic emails: ‘All is well despite some crazy people in this world’

Anthony Fauci’s pandemicemails: ‘All is well despite somecrazy people in this world’http://www.shoookie.com Give me a call if I can be of assistance 703-228-9788 Fauci’s correspondence from March and April 2020, obtainedthrough the Freedom of Information Act, offers a peek into hisworld during the frantic early days of the coronavirus crisis Anthony S. Fauci, director of the National Institute…

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The Case for Social Housing

The Case for Social Housing

http://www.shoookie.com If I can be of any assistance, please call or text me 703-228-9788 Daniel Aldana Cohen & Mark PaulINTRODUCTIONTHE HOUSING CRISISFEDERAL HOUSING POLICYSOCIAL HOUSING: A PUBLIC OPTIONINVESTING IN HOUSING & THE ECONOMYCONCLUSIONPOLLING METHODOLOGY INTRODUCTION The United States is in the midst of a housing crisis, and the COVID-19 pandemic and resulting economic…

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'The Royal Tenenbaums' home available to rent for first time

‘The Royal Tenenbaums’ home available to rent for first time

http://www.shoookie.com Please call or text me if I can assist you 703-228-9788 The property made famous in director Wes Anderson’s 2001 film is now available for a 12-24 month lease at $20,000 per monthRealtor.com and Dimitrios Kambouris / Staff / Getty ImagesBY LILLIAN DICKERSON The Harlem brick castle made famous by director Wes Anderson in the film The Royal Tenenbaums is available to rent…