| |
| |
|
Real Estate Information |
|
|
Conditions Are Right For Buying The Higher Priced Home You'Ve Always Wanted
Higher interest rates and home prices in the past have kept home owners from purchasing larger homes. The current real estate market conditions, however, are encouraging for many home owners who want to "buy up" to higher priced homes with more to offer. If you are considering trading up for a larger and more expensive home, conditions for doing so couldn't get much better. Interest rates are the lowest they've been in two decades, and home prices in many regions are the most affordable they've been in years. You should consider a few factors before reaching a decision to trade up:
Obviously, you'll need to sell your current home before getting serious about trading up to a new one. A healthy real estate market indicates that you'll have little trouble selling your existing home. The national Association of Realtors reported in August that sales of existing single-family homes are rising steadily, especially among first-time buyers. Affordable home prices and low interest rates could make the starter home you purchase several years ago particularly attractive. If you can afford the up-front cost, you may want to consider switching the fixed-rate mortgage on your old house for an adjustable rate on a new one. This could allow you to trade up without increasing your monthly payments. The type of mortgage you choose also depends on how long you plan to stay in your new home. A good mortgage lender can advise you on whether a fixed-rate is an advantage is you're planning on staying for more than 10 years. A fixed-rate may be better for long term owners who don't want to worry about rising mortgage payments. Trading up may not be worth the move if you're planning on living in the new home for only a couple of years. You might have to stay three to five years for your house to appreciate enough to recoup the closing costs. Conditions for a move-up haven't been this good in many years, and you may not want to wait much longer to consider it. An experienced real estate broker can help you decide if buying a new house now is a good investment for you. About The Author W. Troy Swezey is the author of "CONDITIONS ARE RIGHT FOR BUYING THE HIGHER PRICED HOME YOU'VE ALWAYS WANTED." As a Realtor at Century 21 Paul & Associates, he has helped many individuals with their real estate needs. Visit his web site to download his free e-book, "REAL ESTATE SECRETS EXPOSED." http://www.TroyIsMyRealtor.com or mail to: TroyC21@usa.net
MORE RESOURCES: Mapped: Global Real Estate Bubble Risk in 2024 Visual Capitalist Home Prices Are Plummeting in Some of the Nation's Most Desirable Places To Live—Especially in These 10 Cities Realtor.com News Florida's real-estate market is on edge amid back-to-back hurricanes Business Insider Exclusive | Tom Cruise can rest easy after Florida penthouse survives Hurricane Milton unscathed New York Post As Hurricanes Strike, Insurance Costs Soar for Commercial Real Estate The New York Times David and Victoria Beckham Buy Miami Mansion for $80 million Mansion Global Mormon Church's Real Estate Arm Buys 46 Farms Across 8 States DTN The Progressive Farmer Richmond City Council again delays real estate tax decision Richmond Times-Dispatch Real estate agent weighs in on 46% property tax increase included in Innamorato’s budget proposal WPXI Pittsburgh Mayor Wu’s line in the sand on property taxes doesn’t make political or economic sense The Boston Globe What's the Word on Portsmouth Real Estate: Experts to speak at forum Seacoastonline.com The Pipeline: Commercial real estate roundup for 10.11.24 RichmondBizSense Adams Real Estate Chief Jesse Hamilton at Crux of Big Deals Boosting Struggling Commercial Landlords THE CITY Texas mom, luxury real estate agent missing after party at exclusive private club, husband arrested Fox News Louisiana’s insurance crisis expected to hang over real estate market in the coming year FOX 8 Local First Dallas real estate mogul buys downtown Greyhound property The Dallas Morning News Insurance costs squeeze commercial real estate as climate risks rise Environmental Health News Invesco Real Estate’s Bert Crouch On the Rise of Alternative Lenders Commercial Observer Here are the latest Manitowoc County real estate transfers from Sept. 30-Oct. 4, 2024 Herald Times Reporter Inked: Recent LI real estate deals Long Island Business News REAL ESTATE | Grand opening of Eisenbahn Village on Sunday, October 13 in West Bend, WI washingtoncountyinsider.com Portsmouth condo sells for record $5.8 million. Seacoast real estate inventory rising. Seacoastonline.com Current Real Estate Roundup - October 10, 2024 Nantucket Current Welcome to Real Estate Friday! theberkshireedge.com Brooklyn Real Estate Market Report: 3Q 2024 Corcoran Inhabit Real Estate: September 2024 Coronado Market Update Coronado Times Newspaper Nonprofit Investment Vehicle SparkYouth Gains Critical Support From Commercial Real Estate Industry Commercial Observer Real Estate Directory for October 11, 2024 The Garden Island Photo tour of custom home listed at $12.75M on historic Seaspray Ave. in Palm Beach Palm Beach Daily News How a Small Real-Estate Developer Is Building a Big Portfolio Hawaii Business Magazine Louisiana’s insurance crisis expected to hang over real estate market in the coming year FOX 8 Local First New Adams-world bribery probe eyes city leases and a top real estate firm Crain's New York Business Kern of Sweeney Real Estate & Appraisal sells 3,223 s/f Millers Tavern restaurant New England Real Estate Journal Online Point Park University study recommends adding restaurants, real estate investments Downtown WPXI Pittsburgh Real Estate: Who's Your Neighbor? East Hampton Star Buzz on Business: New Verdi Production Announced; Big Real Estate Sale East Greenwich News Billy Joel Is Selling the Mansion He First Saw While Dredging Oysters The New York Times This 1940s house on the market in Vermont is a time capsule. Take a look Burlington Free Press Real estate notes: $10M Lake Keowee home takes title as Upstate’s biggest sale The Post and Courier What's the most expensive property sold in RI? Oct. 11 real estate transactions The Providence Journal Quebec Real Estate Market: A Very Active Third Quarter Boosted by Lower Interest Rates and the Return of Buyer Confidence Yahoo Finance Real Estate Transfers: Oct. 10, 2024 Suffolk Times News | As San Francisco sees modest job growth, the region's commercial real estate responds CoStar Group SmartCentres Real Estate Investment Trust to Release 2024 Third Quarter Results and Host Conference Call GlobeNewswire Shelter Island Reporter Real estate Transfers: Oct. 10, 2024 Shelter Island Reporter Stan Lee’s Final Home in Hollywood Is for Sale, a Luxury Development in Austin Breaks Ground, and More Real Estate News Architectural Digest Opinion | A lost Trump interview comes back to life The Washington Post Commercial Real Estate: A Cause for Optimism Connect CRE Real Estate Prices Up, Sales Down in September Brownwood News What we know about Brad Simpson, husband of missing Realtor Suzanne Simpson San Antonio Express-News Buying A House In 2024: A Step-By-Step Guide Bankrate.com Sale closed in Hatfield: $789,000 for a multi family MassLive.com Search underway for missing Olmos Park real estate agent, mother San Antonio Report Florida housing market crumbles: Homeowners struggle to sell amid rising insurance costs and storm fears New York Post |
|
|
|
RELATED ARTICLES
Is Housing and Real Estate Bubble Hype Irrational Exuberance? Not so, says the author of this article and four real estate books including the recent "1001 Tips for Buying and Selling a Home". The upside of the hype is for real estate consumers and investors. Log Homes - What is the Log-Home Lifestyle? Typical log home company advertisements in popular log home magazines talk about the "log home lifestyle" or "it's not just a home, it's a lifestyle." What does this mean? What is "the" log home lifestyle?It's often difficult to discuss the particulars of log home living without also talking about where the log home is located. Real Estate Disputes And Partition What if two people pooled their resources and began investing in real estate. Like many partnerships things progress smoothly for a while and then a dispute arises. Property in Bulgaria - Huge Investment Potential Bulgaria is a truly magnificent country, located in Eastern Europe with an amazing coastline that stretches over 340km along the Black Sea, with a backdrop of one of the world's most magnificent mountain ranges and the beautiful and historic capital city of Sofia.Today Bulgaria not only offers one of Europe's most attractive and unspoilt holiday destinations it is also host to what will be one of the most dynamic and as of yet relatively untapped property and real estate markets. Home Buying: Things To Keep In Mind So you've decided you want to own a home and now you want to begin your search for one. Before jumping into a home search, there are a few things you should keep in mind when going about buying a home. No More Estate Agent Fees Follow a few simple guidelines, and marketing your own home can be easy. And it will save you thousands. How To Give Yourself A $20,000/Year Raise Without Asking Your Boss Why without asking your boss? Two reasons, one, he or she will most likely say no; and second, he or she will probably have you committed for asking. So what do you do. Are You Really A Twenty First Century Investor Today's residential real estate market for investors has become very competitive in most major markets. The vast majority of real estate investing seminars and clubs are encouraging you to search out desperate home owners or distressed properties to be rehabbed. I have a buyer for your property and I can sell it now! A Realtor has just talked to you and said, "I have a buyer for your property and I can sell it now; perhaps for more money than the price your current real estate agent has it listed for." Have you heard this or a version of this? Or, "I have a buyer for your property and I can sell it now; for Big Bucks (with an incredibly high figure named) perhaps for more money than that. Landscaping Adds Great Value to Real Estate And Helps You Sell Over the years several of our clients have had professional landscaping done and it's amazing to me how little landscaping, can be done for $5-10,000, by a professional Landscaper, and how little value it can add to your home.Small shrubs, trees, and plantings add almost nothing, or actually nothing at all, to your home value on the open market -- until they are several years older! There is another way!Some savvy investors look for good homes that are poorly landscaped and after spending a couple of thousand dollars or less put the property right back on the market for much more money and sell it. Market Reaching its Peak I do not profess to "Know" what the real estate market will do in the next year or two, but I would like to share some information with you that might help you in making decisions regarding buying or selling property in today's market. The following information relates to the types of mortgages that are currently being taken out by those who are currently purchasing or refinancing homes. A Beginners Guide to Flipping Houses If you're dreaming of making money in real estate, it's time to stop dreaming and get to work, because making money in real estate isn't just a vague pipedream. It can be done, even by a young and inexperienced person, when you learn how to "flip" houses. Buying Overseas Property Fourteen Top Tips for Overseas Property Investment:1. Buy what you want to buy. Real Estate Research By Talking Real estate research might start with a look at the U.S. Buying a Vacation Home You'd like to buy a vacation home, but you're not sure where to begin. Perhaps the single most important point to determine up front is why you are buying a vacation home. Why Real Estate Investment? Why should you invest in real estate? Well, investing in real estate for profit is one of the most popular approaches to generating additional income in the United States today. In fact, if you pay attention to recent press you will have seen numerous reports about the real estate investment craze that seems to be sweeping the Nation. Commercial Income Property Financing: Part 1 of 3 Welcome to this first portion of a three-part series about income property. In this first segment we will be discussing financing options for commercial income properties as well as the upside (and downside) of owning this type of property. An Estate Planning Primer An estate plan can be designed by clients and their professional advisors to achieve the client's personal and financial objectives. Or, it can be an arrangement imposed upon survivors by state intestate succession laws if someone dies with¬out a valid, up-to-date will. Real Estate Business Starting real estate business is not that simple. Multiple aspects of stable business should be considered before you invest even 1$ in real estate. Buying Your First Investment Property "Begin With The End In Mind"I first heard the phrase "Begin with the end in mind" in a Steven Covey book called "The 7 Habits of Highly Effective People". This expression makes a lot of sense because the fact is, you can't get where you're going, unless you know where you want to go.
|
| home | site map |
| © 2006 TIGER MEDIA |