Road to Real Estate

Thanks to Jay Thompson the Phoenix Real Estate Guy for alerting me of the PMI Summer 2008 Risk Index Report.
The Summer 2008 Risk Index, published by the PMI Mortgage Insurance Company, indicates that Charlotte is of “Low Risk” to the likelihood that home prices will be lower in two years.  If you look closely at [...]

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Before viewing properties with a real estate agent, a buyer should become familiar with the home buying process.  One of the steps in buying a home is to have a home inspection.  A home inspection is an objective, visual examination of a home’s structure, systems and mechanical systems. Think of it like having a personal physical [...]

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Even though no homeowner wants a vacant house sitting in their neighborhood, these days it’s becoming more of a reality more than any other time in recent history.  If you live in a subdivision or community with foreclosures or vacant properties, you might want to pay close attention to those homes instead of look the other [...]

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Continuing on with thoughts on mixed-use communities, such as the proposed Village at Lake Norman, I often wonder why do they seldom include grocery stores?  With the original idea of the mixed-use areas to include shops where residents had daily living necessities within walking distance, why wouldn’t developers include a super market/grocery store in the plans?  I foresee the [...]

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As you probably have heard by now, the Federal Government lowered its target for the federal funds rate to 3.5 percent in an attempt to prevent a market meltdown and recession. This is the first time the Feds have cut rates between their meetings since just after 9/11.
The rate cut is certainly [...]

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Talking over coffee, as I do with a lot of people  (Starbucks is my 2nd home), people are often shocked to hear what the market stats of the Carolina MLS (which covers the Charlotte and Lake Norman area of North Carolina) show in regards to home prices.  The media has brainwashed the home buyer and [...]

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A listing lead recently emailed me about the possibility of listing their house.  Through conversation and asking the right questions, I had an idea of what I thought the home could be worth (or course an agent would need to see the property in person before making any type of expert opinion).  Then the Z [...]

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