Author Archives: Russ
BY THE NUMBERS . . .
The Reserves and The Woodlands At The Reserves Home Market Activity (RESERVES) The one stat that just jumps off the page when I look at the data is the months supply of inventory (MSI) here in the RESERVES. My next … Continue reading
The “New Normal” Housing Market
. . . and Its Impact on Buyers and Sellers. I am hearing the term “new normal” when describing the current real estate market. The market during the past three years from the height (June 2006) to the bottom (May … Continue reading
My CPA Skepticism and the Foreclosure Market, part 2 of the series
Read the tea leaves of foreclosure Continue reading
My CPA Skepticism and the Foreclosure Market
In the article, “Mass Foreclosures This Year Expected to Eclipse ’09 Levels” http://www.foxnews.com/us/2010/07/15/homes-lost-foreclosure-track-eclipse-levels-banks-work-backlog/ it states nearly 528,000 homes have been taken over by banks for the first six months of this year. At this rate we will eclipse the 900,000 … Continue reading
Interest Rates are LOW, but how LOOOW can they go?
50-YEAR LOWS FOR MORTGAGE RATES = GREATER AFFORDABILITY AND SAVINGS FOR TODAY’S HOMEBUYER Fixed-rate mortgages continue to hover at 50-year lows, thereby supporting home buyer affordability. Compared to the recent peak in 30-year fixed interest rates 13 months ago (week … Continue reading
Flipping Homes in this Market
Prior to purchasing Carol, I had my home inspector take a look at the home. I did not have him prepare a written report because with most distressed property sales, it is sold “as is”. The bank was not going … Continue reading
I Am Now A NAR Green Designated Realtor
I successfully completed 18 hours of course work designed for Realtors and earned the National Association of Realtors (NAR) Green Designation. This is the only green real estate professional designation recognized by NAR. I am trained in understanding what makes … Continue reading
Renovation and Being “Green”
As Carol progresses, there things I have learned that I will pass on so you can “learn from others” and not make the same mistakes. Construction waste debris is the area that I could handle better on my next project. … Continue reading
Foreclosed and Short Sales, The How To Blog
Every home has a story to tell and this home had a very sad story indeed. So my goal is to take this home and create a happy, positive story. The first time I walked into the home, I saw the potential this home had. … Continue reading
A “FLIP” In Action – How To Profit From Foreclosures and Short Sales
The “FLIP” started months ago, in fact a few years ago when I became a licensed Realtor. I had a desire to take a house that was in terrible condition and see if I could transform it into a home … Continue reading