Royalyn Ponder

Home sales are rising and clock is ticking

09-04-09

According to NAR home sales have been rising in the last few months accross the board. Good for all of us. But for those still out there thinking that the government is going to continue the home buyer tax credit up to $8000 well we will see. I certainly would not put all my eggs in one basket hoping that I will have more time. The deadline to get a home under contract is Oct 15, 2009 if you want to make sure you are closing on time. The tax credit ends Dec 1st. But that means you need to be closed out and recorded; lets not forget that it must record before it is yours. So really the deadline is Nov. 30th that everything needs to take place. For those of you who did not wait good for you. Proud that you have taken a step and were able to accomplish the American dream of homeownership. For some out there that feel this should be a right not a privilege we will talk later but that is for another post all together. Just wanted to remind all of you; you can still buy, there is still plenty of inventory out there and buyers are still getting good deals. I don't mean that the sellers are giving the houses away but are willing to negotiate.

1 Comment

Home sales are rising and clock is ticking

09-04-09

Royalyn Ponder

According to NAR home sales have been rising in the last few months accross the board. Good for all of us. But for those still out there thinking that the government is going to continue the home buyer tax credit up to $8000 well we will see. I certainly would not put all my eggs in one basket hoping that I will have more time.
The deadline to get a home under contract is Oct 15, 2009 if you want to make sure you are closing on time. The tax credit ends Dec 1st. But that means you need to be closed out and recorded; lets not forget that it must record before it is yours. So really the deadline is Nov. 30th that everything needs to take place.
For those of you who did not wait good for you. Proud that you have taken a step and were able to accomplish the American dream of homeownership. For some out there that feel this should be a right not a privilege we will talk later but that is for another post all together.

Just wanted to remind all of you; you can still buy, there is still plenty of inventory out there and buyers are still getting good deals. I don't mean that the sellers are giving the houses away but are willing to negotiate.

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Market Presentation

07-24-09

Royalyn Ponder

I have never been asked before to do a presentation on the current market status but I got my first oppourtunity last night. In the beginning I was very nervous since I was hoping that I did not mess up or have someone in the group ask me a question that I did not know the answer to and look like a deer in headlights. But surprisingly I got through it with not many bumps along the way.

I hope to do some more of these presentations to other social groups in the area since they are great for business and to let the public know what is going on in the area.

6 Comments

Buyers: what are you waiting for?

05-16-09

Royalyn Ponder

Ok, so I responded a few days ago to another agents blog about it is a good time to buy if you actually buy. I was so happy someone had written about this. I am sure everyone at this point has been trying to tell everyone they know that it is a good time to buy, but are they actually trying to get out there and do it. Meaning are the buyers still sitting on the fence waiting on something that I cannot figure out what. I don't know what more first-time homebuyers want.

Lets see about what they are getting now:

1. Up to $8000 tax credit: ok people that is free money from the gov't that tax paying Americans are going to be paying for a long time from now. I am 29 so I am sure my grandchildren will still be paying for that.

2. Interest rates: I have talked with a lot of my peers that are older than me and they cannot believe that interest rates are so low. Last I checked they were around 4.5%.

3. Inventory: Buyers have so much to choose from I almost think that it is a bad thing. They will not make up their mind because they think that tomorrow there will be something new on the market and they don't want to miss it.

4. Incentives: more incentives than before. Builders are willing to negotiate

I guess from my point of view I don't know what everyone is so scared about. I understand about losing your job and not having the credit right now.

But even now with a USDA loan the loan limits have increased to 1-4 person households to $73,600 per year. And there are many homes in our market that qualify for USDA.

I am sure I have left out a few other things the buyers are recieving that most of them did not get before.

Would love comments and suggestions.

9 Comments

2009 is Off

01-06-09

Royalyn Ponder

So far everyone in my firm has already picked up since 2009 has started. This is a good sign. Also, just for information sake the sales price in the Pitt County NC MLS has actually gone up a little. Not much but it has. When you listen to the news about the market is falling and sellers are slashing prices that is not as true as the media is telling the public. Yes sales were down but on the average sales price had risen. And if you have not heard about the up to $7500 tax credit to buyers who have not owned a home within the last 3 years get off the fence and find out about it. Or visit the website: http://www.federalhousingtaxcredit.com/

Most people do not know about this and with interest rates as low as they will ever be most likely this is the best time to buy. I try not to push people into something they are not comfortable in doing and I will never try and force someone to do something. But buyers get the facts and ask the questions because not every market is the same. I am just so thankful that 2009 has started off in the right direction and remember to have a positive attitude. It makes all the difference

1 Comment

Royalyn Ponder
Prudential Prime Properties

Royalyn Ponder: Real Estate Agent in Greenville, NC

Office: (252) 321-1990

Mobile: (252) 341-4748
Secondary: (252) 321-5352

Realtor, Broker, ABR "Ponder the Possibilities" One of my favorite accomplishments is when I have helped someone get their dream (homeownership)

About Us:

Prudential Prime Properties is one of the leading Firms in the Greenville area. We have over a 100 million in sales volume sold each year. With a proven system we are proven to be the best in town for listing and getting your house sold. If you are a buyer we have the hottest technology to keep you up to date on what the market is doing. We have superior training in negotiations to get the best price possible.

Areas of Expertise

I have lived in the Greenville, NC area for almost 20 years. I have a degree in business administration with a concentration in marketing and sales. I specialize in first-time home buyers and relocating to the Eastern North Carolina area. I obtained my Accredited Buyer's Representative Designation in November of 06' and I am continually learning to better assist my clients.

My Interests

I have always felt that the more you learn the better you are. My mom always told me: "you never stop learning and that once you have finished one degree this proves to the community that you have the ability to learn."

I love the beach and would live there if I could have my two horses near by. But property like that does not come around very often. Traveling and meeting new people and seeing new things is also one of my favorite things to do. My lifetime goal is to travel to as many countries as possible. I also wish to have seen every state as well. So far I have been to every state east of ND down through Texas.

Royalyn Ponder

Home sales are rising and clock is ticking

Home sales are rising and clock is ticking

Market Presentation

Buyers: what are you waiting for?

2009 is Off

Royalyn PonderPrudential Prime Properties

About Us:

Areas of Expertise

My Interests

Royalyn Ponder
Prudential Prime Properties