According to a recent article written on Trulia.com, by Jed Kolko, it appears as though homebuyers are consistently making the move from cities to the suburbs. Perhaps it is because these specific people are getting older and are looking to buy in the nicer suburbs outside of the cities in which they work to provide a better lifestyle for their family. However, this doesn’t account for all of the younger folks that may be looking to move into the cities which can only mean one thing; people looking to buy are moving away from the city lifestyle.
Speaking a little bit about some recent trends in Real Estate and some articles I want to share with you to keep you in the know. Low mortgage rates won’t last forever so I want to touch on why now is the best time to buy.
A brief description of why I chose to primarily represent buyers in the Central Pennsylvania Real Estate market. I hope you enjoy it and we can work together in the future!
Wouldn’t it be nice to move into a newly built home, where you didn’t have to worry about leaking or latent defects in the property? Of course it would, but the problem with buying a newly built home is that it is just too expensive and unrealistic on most people’s budget.
Well that isn’t necessarily true. Out at Bumblebee Hollow they have Town Homes and Single Family Homes starting as low as $149,900. This makes getting into the new housing market much more reasonable and doable. With just over $8,000 down at signing, you could pay your mortgage on a 3 person Town Home for as little as $1,100 a month!
Sorry Frankie, the best is here. Let’s start by pointing out that mortgage interest rates are the lowest they have been since Frank Sinatra’s first hit, ‘I’ll never smile again’ was being played on repeat by your Grandma June. Back then, interest rates were hovering around 4% and since your Pappy had been rubbing his 2 nickles together so much, it appeared they had made love just enough to get your grandparents in the housing market.
The renting market has been an absolutely lucrative business over the last 5 years and you surely looked like Marilyn Vos Savant meets Bradley Cooper in Limitless if you hopped into owning rental property around 2004. However, now is the time to buy,
How many of you have tweeted at a professional or organization and received a bland response of, ‘thanks’ or ‘appreciate the support’? Automated responses on twitter will be the downfall of your brand interaction with your twitter followers. Personally, if I receive a tweet response as such, it leads to an immediate unfollow.
Don’t let your twitter bird appear ignorant or completely self-centered by having automated tweet responses. The loss of followers will surely lead to a shortfall in social media development and a progressing lack of interest in social media outlets overall. However, now is exactly the time that you need to retake control of your brand equity and launch the human element of your brand.
As many of us are now aware, the state of the economy has forced many new home buyers to forget many of the wish-list items that once may have been included in building a new home. We want to touch on some of the things that are, unfortunately, just not within the normal budget anymore. In the current circumstance, it is best to know what the average new home buyer can and can’t afford.
The #RealEstate principal that explains how and why people are incentive based.
In a downturn real estate market the fight for listing opportunities is about as vicious as last nights Senators - Rangers game. Real estate professionals are literally clawing for opportunities to make sales in a business where 20% of licensees make 80% of the money. In this type of situation it is clear that most professionals concern involves their own wallets. Thus, the conflict of interest arises as to how a listing agent works with the seller.
When representing the buyer, the conflict of interest is not there. Simply put, it is in your best interest as a professional to take care of your client and get them a the home they want for the lowest possible price. You do right by the buyer by actually aligning their interests with yours. You get them the house they want, at the best price, in an appropriate time frame.
It doesn’t cost money in advertising or marketing to represent the buyer and it is a very ethical way to practice the business of real estate. By aligning your interests with the clients you, in doing so, pick up referrals from a job well done. Have some fun with it and bring unparalleled effort and enthusiasm. Remember people want to work with someone they enjoy being around and they know has their best interest at heart.