I do not profess to "Know" what the real estate market will do in the next year or two, but I would like to share some information with you that might help you in making decisions regarding buying or selling property in today's market. The following information relates to the types of mortgages that are currently being taken out by those who are currently purchasing or refinancing homes. Statistical surveys of the mortgage market shows that the percentage of adjustable rate mortgages comprised over 60% of the loans obtained in the last fiscal quarter. Even though the traditional 30 year mortgage is still very low in terms of historical comparison, buyers and homeowners that are currently buying or refinancing are electing to go with the adjustable rate almost two thirds of the time. Does that mean that they expect interest rates to go down even more, or is it because they can no longer afford the fixed interest rate, and believe that obtaining the adjustable rate is better than not buying or refinancing at all?
The real estate values in the previous five years have been largely impacted by interest rate reductions. As mortgage rates have declined, home prices have dramatically increased, with home prices doubling in the last five years. By far, the majority of the loans originated in the last five years were 30 year fixed rate loans. Within the last 12 months, that has dramatically changed.
For further analysis or information regarding market trends, please contact me at 909-869-0259 or visit my website at http://www.nefcortez.com.
Now that you've chosen a real estate professional to sell... Read More
Many would-be real estate investing professionals face discouragement because of... Read More
Much is being said lately about investments. There are many... Read More
Here below are some of the reasons why buyers may... Read More
If you really want the best deals in investment properties,... Read More
In the old days people generally only bought land and... Read More
Wouldn't you rather go to Tahiti? Are you a landlord... Read More
Bulgaria is a truly magnificent country, located in Eastern Europe... Read More
Finding a professional Monticello Realtor in Illinois is the best... Read More
So, you're selling your home (house, townhouse, condo, apartment, land,... Read More
In today's tight housing market, many buyers are looking for... Read More
I was in the rental business for seven-years, made 1.3... Read More
Since you are a business oriented person, you might be... Read More
Negotiation is the process of communication back and forth in... Read More
There are different types of real estate, and different ways... Read More
Sheriff's Deputy Ted Rasmussen was thinking about Carrie-his pregnant waitress... Read More
How the heck do you find a "motivated seller?"The motivated... Read More
Investing in commercial property is well beyond the financial means... Read More
The CostAlthough the property prices in Bulgaria are quite low... Read More
Real estate investing has become popularized today because of real... Read More
Five months ago I was faced with a decision to... Read More
When preparing to sell a house, you should always consider... Read More
The Primary Residence taxation, the Residential Replacement Rollover, Sec. 1034... Read More
There is a relatively new and not always well understood... Read More
It is no secret that the current real estate market... Read More
Whether you list with an agent or sell on your... Read More
Be a slumlord? Okay, I got your attention, now the... Read More
Here is a step by step guide for buyers looking... Read More
Places to Retire: Popular Doesn't Always Mean "Best"Las Vegas, Nevada;... Read More
We've all made bad decisions in the past. Don't you... Read More
What is title insurance and why should any buyer get... Read More
The secret to success in real estate investment is finding... Read More
I do not profess to "Know" what the real estate... Read More
A Powerful Suggested Technique for YOUR Home & Property Search... Read More
If you're looking to get started investing in real estate... Read More
Buying foreclosures can be extremely profitable for real estate investors.... Read More
Awaken to the sounds of softly rustling trees and tranquil... Read More
If you've followed any of the major survey agencies around... Read More
An estate plan can be designed by clients and their... Read More
As an active real estate investor you probably already know... Read More
I have been seeing the market on fire for a... Read More
According to Warren Bland, PhD, an award-winning author and geographer... Read More
Is landlording the way to go if you are starting... Read More
I am a total geek.A few weeks ago, late at... Read More
Every year hundreds of thousands of foreign visitors travel to... Read More
1. Time is money when selling your homeAfter you've made... Read More
Have you ever wondered what it would be like to... Read More
Location:Frequent travelers will absolutely delight in this town! As part... Read More
Traditionally, real estate has been viewed as a sales industry.... Read More
IntroductionThere are many areas one can invest in. Since I... Read More
If you are selling you own home, you need to... Read More
Listing real estate online can be a great way to... Read More
Tenants in Common is a way of sharing ownership of... Read More
The world of real estate has pretty much stayed the... Read More
Moving to a new community can be a great adventure,... Read More
Did you hear that? Prices of houses in Phoenix have... Read More
With interest rates at record lows over the past year,... Read More
These real questions are answered by me and US Master... Read More
Satisfying and lucrative real estate investment depends upon your correct... Read More
So you've decided you want to own a home and... Read More
The secret disclosed on how you too could achieve financial... Read More
Why offer seller financing when you sell? A higher price,... Read More
An effective real estate advertising strategy entails a 'shotgun' approach.... Read More
Sellers need to keep their safety in mind when prospecting... Read More
Here below are some of the reasons why buyers may... Read More
I'm often asked about the basics of Design Psychology, which... Read More
Real Estate |