With the new rule on flipping homes extended--we should at least see the home comparables adjust, if, investors buy homes at a low price and resell at a higher price within a short period time. I hope the appraisers will consider this .I think one of the biggest problems is the appraisals, since some of these homes are selling
below a decent market value. Hopefully the extended ruling will spur buyers to invest and flip. Maybe a spike in home sales?-----I wish I had the money right now----
There is lots of work to be done this year fellow agents. Laying a good foundation before the market starts to turn is very important and we are being given a great opportunity to do so.. Get your marketing in place, make sure your clientelle knows who you are, you will be to busy to do that later . People are reading
and looking now and will come around when they are told by the media to do so. So be ready and let them know who is always busy and motivated.
I hear many agents complain about how bad the market is. If you were to talk to Donald Trump , billionaire real estate entropeneur---he will tell you this is the best market in over 30 years. It is all in your attitude. I believe there is more real estate available right now at the best prices and lowest interest rates I have seen in 30 years. My attitude is, we have to shift as the market shifts. Help the buyers invest now and lay a ground work for the sales to follow. Do your marketing now as sellers will be looking for agents later when the time to sell comes. Many people are getting great deals and the market will shift as the pendulum swings. Get in place and be ready for the sellers and right now help the buyers. Always market no matter how low you budget goes. Eat bread but keep marketing. For great buys visit my web site http://www.ranchandvines.com---- ---PremierValleyRealEstate.com
January 2010 will mark a new relationship between Diane Hall and Keller Williams Real Estate in Marina Del Rey. Diane has been in real estate for over 30 years and moved to Marina Del Rey in 2009. Diane hopes to make this charming community her new client base. Diane previously owned her own Remax Gold real estate office in Northern California Placerville area ,selling horse ranches and vineyards. She is a member of Remax Hall of Fame and Platinum Club. She has been a consistant top achiever in real estate since 1990. Diane still owns a ranch in Somerset Calif. and still works the area on a referral basis.Her partner Patti Babish, is also her escrow coordinator.Her other partner Andy Hall ,( Hall and Associates) ownes his own real estate office in the Placerville and works with Diane taking care of clients looking for horse properties in the foothills. Diane has extensive real estate web sites in both Southern and Northern Calif. PLease visit www.RanchandVines.com----wwwPremierValleyRealEstate.com and www.ThinkDiane.net to find the best service and knowledge available in real estate. Diane's years in real estate bring to the table a friendly caring lady who has learned to listen to her clients needs. You can be one of them--call Diane or e-mail---Diane@ThinkDiane.net
Diane is hoping to introduce the people of Southern California to the great buys in the Northern California Foothills around Placerville Calif. Coming from Southern California and building a ranch in the foothills, plus 30+ years of selling vacation and horse properties, she feels her knowledge of--- how to do it, will help transition clients from both North to South and South to North.
Hello all,
Just wanted to let you know of the new increase in government loan limits--Along with outstanding price deals on homes this has increased our home sales--Now is really the best time to buy--many investors are out there and we our seeing multiple offers--
The Federal Government anounced on Wed. temporarily increased limits on conforming loans offered by government-sponsored enterprises Fannie Mae and Freddie Mac, from $417,000 to as high as $729,750 in fourteen counties in California for loans originated between July 1, 2007 and Dec. 31, 2008. Fannie and Freddie are reported to be working out new underwriting standards and expect to begin offering the new loans soon.
In El Dorado County the conventional loans are up from $ 417,000 to $ 580,000. Please check with your lender or go to -
To find out about your county requirements
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved