Thursday, October 2, 2014

Overall decline in number of short sales

Overall is the key word, as the overall decline in mortgages that are  "underwater" or "upside down"  is near 20% in comparison to one year ago, be aware that this is countrywide and any specific area could still have a great number of "shortsale" properties - talk to your realtor when looking to buy and /or sell , as every location is different and real estate is LOCAL.
http://rismedia.com/2014-10-01/only-10-7-percent-of-all-mortgaged-homes-still-underwater/?utm_source=newsletter&utm_medium=email&utm_campaign=eNews



Thursday, May 8, 2014

SUPPLY and DEMAND in todays market!

Supply and Demand is happening in our Rhode Island real estate market-


The price of any item  is determined by ‘supply and demand’. If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.


Today, we have a lot of buyers looking and they are reporting back " there is nothing out there that is any good" and if it is " its gone in 2 days".
If you are a seller and  contemplating putting your home on the market, DO IT NOW,
before all your neighbors do and you will get more for your place, its quite simple,
SUPPLY IS DOWN and DEMAND IS UP!


this could all change in a few weeks or a month when everyone else puts their home on the market. Get to it!



Tuesday, December 10, 2013

51 MARBURY AV - Pawtucket_RI_02860

51 MARBURY AV - Pawtucket_RI_02860

Why should I buy a home?

Reasons for Not buying a home~ I am continually baffled at the reasons why ( especially, what would be first time buyers) , folks are choosing to pay rent at a higher cost   than owning a home and
reasons include:
I am waiting for prices to bottom out- guess what? they have
I really don't know much about maintenance and that scares me- yup, either did your parents when they purchased, get a good home inspection company and they can give you tips and information on how to maintain your new place.
Its too much work looking at properties. Really? with the right right agent, it can actually be exciting.
I am not sure I can afford to buy one. - with interest rates STILL at a very low historical rate, check with a Qualified Loan Officer and get the ball rolling, and yes, you will need to supply a lot of information and paperwork, but you are buying a home ( not a car) and at the end of the process you will have achieved the American Dream.

I frequently read articles on the market, and found this keeping Current Matters article straight and to the point, so take a quick look and see why Buying is a smart Financial Move

http://www.keepingcurrentmatters.com/2013/12/10/harvard-5-financial-reasons-to-buy-a-home/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+KeepingCurrentMatters+%28Keeping+Current+Matters%29

NEW LISTING IN desiarble OAKHILL


51 Marbury Avenue, Pawtucket-OAKHILL