Are you wondering if your real estate email marketing is effective? If there’s anything you can be doing to make it more successful?
And if you’re not doing any email marketing right now but are thinking about starting, this article is for you, too.
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Do You Really Understand Your Home’s Equity?
As a homeowner, you probably think you know all about what your home is worth, what your interest rate really means, what you are paying out every month, and how to access your equity if you needed to.
But do you really? If your home is worth $20,000 more today that it was when you purchased it, does that mean you are entitled to all 20,000 of those dollars? Does having equity in your home automatically mean you can sell for a profit? Would you know what your best option was if you needed some equity in a pinch? Check out the these scenarios for a quick equity tune-up…
Be ready to buy your first home
First-time home buyers have it tough. The supply of homes for sale is tight, and lenders are tightfisted.
Student debt, at an all-time high of nearly $30,000 per grad, is getting in the way of saving for a down payment, says David Stevens, president and CEO of the Mortgage Bankers Association. But it’s a great time to get your foot in the door.
“Interest rates remain the envy of even your grandparents,” says Keith Gumbinger, vice president of mortgage publisher HSH.com. First, make your finances sparkle.
Here’s Why Owning Your Own Home Really is a Good Investment
According to a recent Gallup poll, more Americans are beginning to view real estate as a viable long-term investment. Thirty percent of those surveyed early last month took this view, up from 25% just a year ago. Gallup credited an improving housing market as being the chief driver of the change in popular opinion on this matter.
But, wait. Some experts, notably Yale economics professor Robert Shiller, disagree heartily with this view. In interviews over the past couple of years, Shiller referred to his research in which he studied home price appreciation from 1890 to 1990. He found that, considering costs of construction and inflation, homes really didn’t appreciate in value at all.
Does that mean that buying a home is a lousy move? Not at all, and here’s why…
A Kitchen Clean Up Pays When Selling Your Home
When it comes to selling a home, a kitchen clean up pays. You don’t have to do an expensive remodel to make your kitchen appealing to buyers. If you’re starting with a good kitchen space, then making a few inexpensive modifications can help you get your home noticed and sell for more money.
Mortgages may be easier to get than potential home buyers believe
Are you on the home-buying sidelines this spring because you think you won’t be able to qualify for a mortgage? Do you know what sort of FICO credit scores are being accepted by lenders at the moment — they’re lower than they were a year ago — and whether yours could now be good enough?
You may be part of the surprisingly large crowd of folks who fear the home-loan unknown. A new national consumer survey found that 56% of potential purchasers of homes say they’re out of the market because they don’t want to face the possibility of rejection by lenders. Even 30% of current homeowners believe that they wouldn’t pass muster today.
Many potential buyers think they need near-perfect credit scores to get a home loan. But lenders may be loosening their tight underwriting standards.
10 Markets Where Homes Are Selling the Fastest
Denver tops the list of more than 140 metros where homes are on the market for the fewest number of days, unseating Oakland, Calif., for that top spot, according to realtor.com’s National Housing Trend Report for March. Oakland had occupied the top spot for the fewest days on the market on realtor.com’s report since November 2013.
The national average for days on the market is 102 days, but in some markets, listings are typically on the market for a month or even less.
Realtor.com’s report shows the following 10 metro areas with the lowest median days on the market…
And see where Seattle is on the list!
How Buyers Can Irk Sellers
Both parties have to come together in a transaction, and real estate professionals sometimes find themselves wedged in the middle of buyer and seller disagreements. Some sellers may accuse the home buyers of being too pushy with their demands.
Bankrate.com recently highlighted several ways that homebuyers have been annoying some sellers.
13301 117th St Ct E, Puyallup, WA 98374
A Gardeners’ Paradise!
The large private lot features 2 large gardens with sprinklers, greenhouse and newer 8×12 shed that has electricity, shelves and windows. Relax under the SunSetter awning and enjoy the lush, peaceful and fully-fenced yard. Inside, enjoy the bright, open floor plan with vaulted ceilings and skylights. Recent updates include some fresh paint; new and newer carpet; newer counters, appliances and vinyl in the kitchen. You’ll also appreciate the newer roof, skylights and exterior paint. Don’t miss this!
1,580 square feet; 3 bedrooms; 2.25 bathrooms
$225,000
Condo Market on the Mend?
The condo market, which has been mostly stagnant in recent years, is showing signs of revival nationwide.
“While still well below historical construction levels, the new interest in condos is attracting interest from high-level investors who are keeping an eye on the growing condo construction and conversion market, both to see if the trend may produce opportunities in more markets and to gauge its effect on apartment property pricing,” CoStar Group reports.
The condo share of total home sales is nearing pre-recession levels.
Managing The Real Estate Details 