Entries by Dick and Karla Nielsen

OPEN HOUSE – SUNDAY 9th 1-4pm

OPEN HOUSE – SUNDAY 9th 1-4pm  10114 Lake Cove Lane  in  Carrollwood’s Lake Trout area This 1984 custom-built original Carrollwood home exudes quality and functionality – from the massive family room with built-ins to the family sized kitchen that overlooks  tranquil Lake Elaine.   If you’ve been yearning for the Carrollwood lifestyle, you need to come […]

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Mortgage Rates Drop for 5th Straight Week

Via Inman News Mortgage rates dipped for the fifth consecutive week, following a first-quarter economic-growth estimate that fell short of expectations. Rates on 30-year fixed-rate mortgages averaged 3.35 percent with an average 0.7 point for the week ending May 2, down from 3.4 percent last week and 3.84 percent a year ago, Freddie Mac said […]

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Selling Your Home From Afar

Via Realty Times It might not seem like the most ideal situation but sometimes it’s the way it goes. Selling your home when you have already relocated, perhaps even to another state, can seem very risky. But if you’ve selected expert industry professionals to help you through the process, then you’ll find it can be […]

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Home equity loans: They’re back

NEW YORK – April 26, 2013 from Florida Realtors As housing values rise, home-equity loans and lines of credit are staging a comeback, MSN Money reports. In late 2008 as the housing market slowed dramatically, home-equity borrowing came to nearly a standstill as lenders became cautious because values were falling so quickly. By late 2011, […]

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A smoker’s home can lower value up to 29%

April 18, 2013 – A recent survey of Ontario real estate agents and brokers, sponsored by Pfizer Canada, found that smoking in the home could lower the value of property up to 29 percent. “Smoking has a profound impact on how appealing a home is to a prospective buyer,” says David Visentin “It stains walls […]

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Millennials want to buy – boomers want to sell

Via © 2013 Florida Realtors® ORLANDO, Fla. – April 2, 2013 – Is it the perfect real estate storm? A survey released yesterday by PulteGroup Inc. finds strong demand soon from buyers 18 to 34. Meanwhile, Arthur C. Nelson, a professor of urban planning at the University of Utah, worries that the nation’s supply for […]

Property near public transportation worth 42% more

WASHINGTON – March 22, 2013 – Location, location, location. A new study by the American Public Transportation Association (APTA) and the National Association of Realtors® (NAR) finds that residential property values performed 42 percent better on average if near public transportation with high-frequency service. “Transportation plays an important role in real estate and housing decisions, […]

Survey: Buyer age impacts preferred home size

Via Floridarealtor.org WASHINGTON – March 21, 2013 – A recent study from the National Association of Home Builders (NAHB) finds that age, race and ethnicity impact the size home the average buyer wants. NAHB’s survey – What Home Buyers Really Want – surveyed more than 3,600 homebuyers across the country about new home characteristics. Based […]

Time to look at the FHA 203k mortgage program?

From Floridarealtors.org WASHINGTON – March 20, 2013 – With the housing market showing signs of growth and expansion it’s surely the right time to look at the FHA 203k mortgage program, financing that allows borrowers to finance and fix up a home with a single loan. “The 203k program is set up so there’s a […]

Let’s Talk About Earnest Money

When we find the home you want to buy, we’ll meet at our office to write the offer.  Be sure to bring your checkbook!  When you make the offer, you must include “earnest money,” sometimes referred to as a “binder” or “good faith” deposit. Why do I need to make this deposit? For the contract […]

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Housing recovery firmly underway

Kiplinger: Housing recovery firmly underway WASHINGTON – March 13, 2013 Prices are rising and inventories are falling in markets throughout the United States, which has led financial reporting and forecasting firm Kiplinger to declare the housing recovery “firmly” in motion. Moreover, the company says housing will help carry the overall economy at a time when […]

Why It’s So Important to Stage Your Home

A real estate agent’s job is to help the customer find the best home for your budget, personal needs and desires.  When a home is properly staged, architectural details and special features of a home are played up that might otherwise be easily overlooked by a buyer. Attractive listings are shown more often.  This means […]

Tips for Selling in a Slower Economy

Consult with an expert, local real estate agent to help ensure that your property is priced competitively and attractively-staged for the market. Why? There are three main factors involved in getting a home sold:  location, price, and condition.  Of the three, you as the seller control two: price and condition. Which is the more significant factor […]

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NAR: Pending real estate sales jump in January

Existing-home sales expected to rise 6.8% this year By Inman News Inman News® More homes went under contract in January compared to December and a year ago, according to an index released today from the National Association of REALTORS® that tracks pending sales of existing U.S. homes. NAR’s Pending Home Sales Index, which is based […]

Foreclosure backlogs persist

Robo-signing impacts felt most in judicial foreclosure states By Inman News Inman News® CORRECTION: The original version of this article erroneously referred to statistics for the current year, and has been updated with corrections. The improving job market and economy is helping push mortgage delinquencies and foreclosure starts down, but the percentage of loans in […]

Take the Stress Out of Homebuying

Buying a home should be fun, not stressful. As you look for your dream home, keep in mind these tips for making the process as peaceful as possible. 1. Find a real estate agent who you connect with. Home buying is not only a big financial commitment, but also an emotional one. It’s critical that […]