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7 Reasons to Use a REALTOR When Selling Your Home

Selling your home can seem a daunting task. When you close that deal, you want to make sure that your home goes to the best buyer for the best price. It may seem cheaper to sell your home yourself, and many do; however, there are a lot of details to work through.

“Selling your home through a REALTOR® can help you make sure you get the best value overall,” says Kimberly Nicole, a REALTOR® based in The Woodlands/Houston, Texas metro area who caters to luxury homes and their clientele.

Nicole offers seven reasons why you should use a REALTOR® instead of selling your home yourself:

  1. REALTORS® Know How to Navigate the Process – A REALTOR® »Read more

Is It Smart To Buy A Fixer-Upper As Your First Home?

Buying your first home can be very exciting. Among all the decisions you'll have to make when you seek that home is whether you want to buy one that's ready to move into and live in as is, or one that needs a little work. Many people buy fixer-uppers because of the lower cost, but sometimes those kinds of homes can end up costing you a lot more in the long run. Here are some things to consider when you're trying to decide whether it's smart for you to buy a fixer-upper or not.

1. What can you get in your price range?

Many first-time homebuyers are on tight budgets. They don't have a lot of money to spend, and they want to live in a good area. Overall, location is more important »Read more

Millennials’ Obstacles to Buying a Home

MillennialsObstaclestoBuyingaHome
http://www.car.org/aboutus/onecoolthing/GenYObstaclestoOwnership/

Fewer homes sales are bringing higher prices in San Joaquin and Stanislaus Counties-Source CentralValley Business Journal

While the number of housing sales closed in San Joaquin and Stanislaus counties were down in September, the median price of those homes rose from a year ago, according to MetroList statistics.

San Joaquin County had 542 closed sales in September, down 5.1 percent from August and 15.7 percent from last year. The median price of San Joaquin County home ran $265,000, a 10.4 percent increase from the same time last year.

Stanislaus County had 8.7 percent fewer closed sales in September from August, but saw an 18 percent jump in median home prices to $231,000 from September, 2013.

»Read more

Mortgage Rates-Source Bloomberg

U.S. mortgage rates plunged, sending borrowing costs for 30-year loans below 4 percent for the first time in 16 months, as signs of a slowing global economy drove investors to the safety of government bonds.

The average rate for a 30-year fixed mortgage dropped to 3.97 percent, the lowest since since June 2013, from 4.12 percent last week, Freddie Mac said in a statement today. The average 15-year rate fell to 3.18 percent from 3.3 percent, the McLean, Virginia-based mortgage-finance company said.

Mortgage rates are following a slide in 10-year Treasury yields as weaker-than-expected economic data from Germany to China combine with concern about a spreading Ebola virus, sparking deman »Read more

The Must-Ask Questions Every Home Buyer Must Answer Before Even Thinking About Buying A Home

MORE FIRST-TIME HOME BUYERS IN 2015?

In August, 29% of home buyers were first-time home buyers, according to the National Association of REALTORS®. So now, in October, with mortgage rates now averaging less than four percent; and with rents rising faster than home values, the percentage of first-time buyers is expected to climb. It's cheaper to buy than to rent in many U.S. markets. More than 6 million U.S. consumers will buy a home between now and the end of 2015. If you're planning to be among them, you'll want to make a plan for your purchase. Follow these steps before you start your search. By asking good questions, you'll have a firmer grasp of the home buying process and, also, of your finances. Both will hel »Read more