Ten Years of Change Can Mean Not Much Change at All

Posted on 31. Dec, 2009 by Sherry Chris.

In anticipation of another decade coming to an end, I began to ask people within the industry where they were 10 years ago, and what has changed for them and the industry. I remember   being corporate sponsor for my company’s Y2K initiative in 1999. The world was worried that all computers would crash when [...]

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Week in Review: Things We Liked from the Week That Was

Posted on 11. Dec, 2009 by Sherry Chris.

Maybe it seems self serving, but to me the biggest news of the week is that we have doubled our size with the new affiliation of Metro Brokers! With this one partnership, we have added 28 office locations and nearly 2,300 agents. Wahoo!
Moving on to other news… Historic low mortgage rates and government incentives have [...]

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Spring Comes Early!

Posted on 10. Nov, 2009 by Rick Gregory.

According to the 2010 Farmers’ Almanac, this coming winter “a large area of numbingly cold temperatures will predominate.”  However, I suspect the warming effects of the extension of the Homebuyers Tax Credit will make for a very “hot” winter in real estate.
You don’t need an almanac to know that traditionally, the months of December, January, [...]

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Part 2 – “As the Early Signs of Recovery Emerge, Don’t Pop-the-Cork Just Yet!”

Posted on 23. Jun, 2009 by Robert Albanese.

Selling through the current economic “Yin-yang”
(The coherent fabric of nature and mind, exhibited in all existence)

The Yang

It is interesting how there always seem to be two sides to every economic rebound. One recent effect of increased real estate market activity is a gradual increase in long-term mortgage interest rates. After bottoming out this past March in the vicinity of 4.5% for a 30-year fixed loan, the current and still historically low rate of 5.5% seems inflated to increasingly price-sensitive consumers. As a result, homes sales and refinancing are being impacted, albeit only slightly.

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As the Early Signs of Recovery Emerge, Don’t Pop-the-Cork Just Yet!

Posted on 05. Jun, 2009 by Robert Albanese.

There is evidence that the soft real estate market is stabilizing, but let’s not gets too carried away! Signs of weakness in the real estate sector are slowing and while that is surely a welcome sight, it is important not to confuse these signs with an actual recovery.

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