April 2013

Found 21 blog entries for April 2013.

homeowner_2761.  Basic Market Trends - Have you ever heard the saying that the three most important criteria in setting the value of a home are "location, location, location." Well, that remains true today, but they might want to add: "timing, timing, timing."

2. Your Financial Picture - One of the main considerations you have to make is this: does your current financial picture putyou in a strong position for home ownership? If not, then buying a house will not be a good idea no matter what the market trends indicate.

3. How Much Do You Have Saved Up? - Assuming that you're not worried about debt paydown or losing your job, then the most important factor to consider is how much savings you have. Many home purchases require 10 or 20 percent as a down payment on a

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Seller confidence is surging: The number of home sellers who say now is a good time to sell doubled in the second quarter, according to a new survey of nearly 2,000 owners conducted by real estate brokerage Redfin. In the first quarter of 2013, 22 percent surveyed said it was a good time to sell compared to 45 percent in the second quarter. 

The percentage of respondents who say now is a good time to buy dropped by 10 percent in that time frame. Forty-four percent of home owners say it's a good time to buy, compared to 54 percent in the first quarter. 

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homebuyer_275The spring season tends to flood the housing market with buyers, and in markets with low inventory levels, the competition is stiff.

As home prices continue to recover and interest rates remain at near-record lows, some houses are receiving multiple offers and to win the bid, buyers need to stand out from the crowd. According to the National Association of Realtors, houses sold in 71 days in January, down from 99 days a year ago.

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jodysavage_960Jody was our realtor for a land exchange/purchase that my husband and I  recently bought.  She was excellent in every way possible.  We were under the gun for this exchange and live about 100 miles from the area we were interested in.  Jody went out of her way in almost every aspect to make our  purchase possible- she was always in contact and available any day, or time to us; When two of the lots we were interested in were sold, she quickly was right on top of helping us find other similar lots to  make our deadline. She went door to door in one of the neighborhoods to find out answers to our questions; She made sure every detail was taken care of, and if she didn't know the answer to something, she found out quickly.  She was great!  I would

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money.cnn.com - Home prices continued their recovery, rising 8.1% in January, although a separate report showed a slight slowdown in new-home sales.

The S&P Case-Shiller index, which tracks the 20 largest markets in the nation, showed the biggest year-over-year gain in prices since June 2006.

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Realtor.com - When you are deciding if you can afford to finance a home it’s important to know how much you can afford in relation to your existing debt obligations. You want to make sure you that what plan to spend each month can work within your existing budget. Lenders will not approve you to take out a loan that could overload you and more importantly you need to make sure that you can pay your bills as well as save for the future and for potential emergencies.

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bozeman_city_of_bozeman_468bozemandailychronicle.com - A group of local investors has applied to build two rows of four-story duplexes containing up to 40 homes on an entire city block downtown.

HomeBase of Bozeman and investors have applied to the city Planning Department to build “Block M.”

The proposed project is located just north of Main Street on the 1-acre block bordered by East Lamme Street, North Black Avenue, East Beall Street and North Tracy Avenue.

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realestate.aol.com - First comes love ... then comes a house ... then comes marriage. Getting hitched may not be the ultimate sign of commitment these days as more and more couples opt to buy a house together before walking down the aisle, new research shows. Nearly 1 in 4 married couples ages 18 to 34 purchased a home together before getting married, according to a recent Coldwell Banker Real Estate survey released this week. That compares to just 14 percent of married couples ages 45 and older.

It's not that these young couples are less committed by putting the purchase of a house before a wedding. According to the Coldwell Banker survey, 80 percent of all married couples who bought a home together at any stage of their relationship said that purchase

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Sellers and their real estate professionals have an important role in preparing for a home inspection to help ensure it goes smoothly.  Here are some tips published in a recent article in RISMedia, including: 1.  Don’t hide what isn’t working   2.  Make things accessible          3.  Check the lightbulbs  4.  Note septic systems       5.  Keep appliances clear.

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With the worst of the housing bust still fresh in homeowners’ minds, it’s a small wonder what some owners are saying they most regret: not buying bigger. It’s just one finding from a new survey by real-estate website Trulia. The survey, which is scheduled to be released  in full on Wednesday, also highlights the changing tide for home sellers, who now have the upper hand in markets amid rising prices and low inventory. 

For more information click the link below:

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