Housing Market Isn't What it Used to Be
by Broderick Perkins
On the bust side of the boom, the housing market has emerged in a brave new world.
Distressed properties litter the market. Tighter underwriting rules apply. Regulations are stronger. Cash talks. Fast appreciation isn't guaranteed.
But buying is still possible if you understand what's changed.
To help you stay on the bright side of the gloom, noted real estate expert and author Ilyce Glink recently penned "Buy, Close, Move In!" .
The insight it offers on market changes alone is worth the price of admission.
To reveal what changes to expect when you head out to buy a home, Glink's tome includes "Ten Things That Have Changed in the Real Estate Industry."
Here's a look at just some of those changes.
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| Mortgage Rates |
| 30 Year Fixed: 4.75% |
| 15 Year Fixed: 4.20% |
| 1 Year Adj: 3.82% |
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Should You Move Up?
by Carla L. Davis
You have another baby on the way. Your aging parents have decided to move in. You are starting your own home-based business. There is an endless supply of reasons why a family may need to move up to a bigger, or nicer, home.
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Five Biggest Pricing Mistakes Condo Developers Make
by David Fletcher
As we all know, the time to think about selling, is when you buy.
There is nothing like a power point presentation with charts and demographics to support the position that if you buy it for $50,000, sell it for $80,000 and your expenses are $20,000, your pretax profit is $10,000 per unit.
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Cheer Up Before Making a Big Change
by Jennifer Allan
Have you noticed that if you're feeling down in the dumps about your business, it only seems to get worse? You and your bad mood seem to attract more to be in a bad mood about. It's an ugly, frustrating, discouraging death spiral.
But the good news is that the opposite is also true. If you can somehow resuscitate your mood so that you're feeling chipper again, you and your good mood will attract even more to be in a good mood about!
And more good news, in the real estate business at least, is that it really doesn't take all that much to turn our day, our week or even our month around. One or two sweet referrals. A great open house. A call from a buyer who found you from your blog. And BAM! You're feeling sexy, sassy and smart again.
It's human nature to get hysterical when things are going wrong and to think we have to make a "Big Change" in order to turn things around.
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