Wednesday, February 19, 2014

Set The RIGHT Price For Your Home From The Start…

 

 

Homes that sell the fastest also sell for the most money!  If you want to get Top Dollar for your home, beyond making your home show like a model, it needs to be priced correctly.

Most agents will only do a CMA (comparative marketing analysis), but the best agents offer a “Maximum Home Value Audit.”  What’s that?

It’s a careful, thorough valuation of every square inch of your home to determine the best possible price based on real world facts, and presented in an EASY to understand format.  You won’t get any inflated values just to pressure you into listing with me. 

If we’re already working together, simply let me know you’d like to redeem your “Maximum Home Value Audit” coupon. Or, if you’re looking for professional representation to sell your home, use this free service as an introduction to the value I can provide you.

So call me right now I’ll immediately arrange a convenient time to meet, and share with you my Maximum Home Value Audit. It’s Free. It’s FAST.  And it could help you net $1,000’s more on your home sale by setting the home price right from the start.


Gloria Walters
Charles Rutenberg Realty, Inc.

Direct: 813-419-7009
Fax: 813-200-8708
E-mail: info@gloriawalters.com
Website: www.gloriawalters.com

Thursday, February 13, 2014

What can you expect from the Florida real estate market in 2014?

Selling

Real estate market never remains the same for long. The market trends keep changing as per the alterations in global economy. Now, the same trend applies for the Florida real estate market as well. As the experienced economists stated at the Florida Realtors' 2014 Real Estate and Economic Summit in December, the upcoming changes in global economy can make the housing sector in Florida grow slowly in 2014.

How strong Florida real estate market is going?

There was a hint of substantial growth in Florida’s housing market in 2013 as well. By the third quarter of 2013, the number of closed sales and properties in inventory increased considerably. Apart from that, the median prices were high enough. Home affordability was also high. Dean Asher, the 2013 Florida Realtors President stated, “Data from the third quarter of 2013 shows that Florida’s housing market continues to grow and gain strength”.

2013 Was a really positive year for the realtors in Florida and market experts believe that this positivity will continue in 2014 as well.

What are the prospects in 2014?

The experienced economist of Florida Realtors, John Tuccillo believes, "The real estate market is going to grow, and we'll probably see about a 10 percent increase in residential sales". The value of home will increase considerably. There are chances for the price to go up gradually by almost 5%. In the last 18 months, the property prices have increased almost about 12%. This is an incredible increase.

There is a slight increase in the number of vacant properties as well. Federal Reserve has planned to modify its bond-buying program in the upcoming months. After the modification, the property prices are supposed to increase considerably.

Dr. Frank Nothaft, the chief Freddie Mac economist said at a recent conference, "Mortgage rates have gone from dirt cheap to cheap and now I expect them to rise to low - maybe 5 to 5.5 percent toward the end of next year - still very low to where they've been historically". So, there is hardly any doubt that mortgage rates will maintain a moderated increase in Florida in the coming months of 2014.

So, how the housing market may change in Florida?

As Nothaft pointed, there are also a few challenges to face in 2014. For instance, there is the restricted access to credit. Apart from that, most of the market experts are predicting that home buyers may face problems to deal in a market where rates are going up. The increased value of properties and continuous increase in mortgage rates may force the homeownership rate to drop significantly. However, with improvement in job market, home buying may be a bit easier. But the question is how steady will be the growth in job market. Sean Snaith, the professor of University of Central Florida recently said that uncertain growth in employment will only make people avoid home buying. Nothaft also feels that unemployment matter and he said, "People who want full-time jobs but can't find them and have to work part time add to the underemployment rate of 13.5 percent. That's a large share of the market that doesn't have the resources to buy."

So, it’s quite evident that home buyers in Florida need to stay updated about the changes in real estate market. As inventory is huge, the competition will be less enough. Mortgages will be easier to get but people may have to pay extra for the interest rates. That’s why, prospective buyers who’ve enough resources or a steady job must make the move now and opt for the mortgage before the rates go up even more.

By Rikk Miller

Thursday, January 16, 2014

Foreclosed Owners Gets A Second Chance Sooner

Those who lost their home due to financial hardships may get another shot at being homeowners again soon. The Federal Housing Administration (FHA) recently announced that it would shorten the waiting period for qualified borrowers who’ve had a bankruptcy, foreclosure, deed in lieu of foreclosure or short sale if they wish to buy a home again.


Under FHA’s Back-to-Work Program, homeowners must show that they have their finances in order, and they must receive counseling from a HUD-approved agency.


Those who meet the requirements can apply to buy a property in as little as a year. “The Back to Work Program is a great opportunity for us to help those impacted by the recent housing crisis,” Heather Shanahan, a representative with a HUD-approved housing counseling agency called Springboard, told HousingWire. “Our goal in our counseling sessions is to enable the borrower to better understand their loan options and the obligations.”


Counselors provide borrowers with a customized action plan that reflects household budgets and shows borrowers how they can meet their financial obligations to prevent default again in the future.

Source: “Springboard helps formerly distressed borrowers get back on track,” HousingWire (Nov. 19, 2013)
© Copyright 2013 INFORMATION, INC. Bethesda, MD (301) 215-4688

Wednesday, November 13, 2013

Invest in Dade City, Florida.

39421 Zenith Avenue

Click Here to View Property Video!

Only $29,900!!! 39421 Zenith Avenue, Dade City! Such a beautiful city that boasts so many hills and valleys with lush grasslands. Rural, yes indeed. Great place to live if you want to get away from the big city. About 40 miles from Tampa, this property is still located in close proximity to a major city. A medium rehab project, this property boasts two bedrooms and one bath. It also includes a separate laundry/utility room. The backyard is nice sized for family activities. The roof was replaced in 2003. Call 813-419-7009 or email info@gloriawalters.com today to get more information and make an offer.

Thursday, October 17, 2013

St. Petersburg Condo for Sale at the Enclave at Sabal Pointe

5520 21st Way, Unit 901

Click Here to Watch Property Video.

Located only minutes away from St. Pete Beach, Publix, the Marina, and many local restaurants and shopping outlets, this ground floor corner unit will make a great second home, primary residence or investment property. This spacious one bedroom condo, in the gated Enclave at Sabal Pointe complex, features a large master bedroom which can accommodate a king bed and includes a spacious walk-in closet, a dining area that opens to the kitchen, modern fixtures, new travertine flooring throughout, contemporary paint colors, a large lanai, as well as all new appliances and blinds. This unit is just steps to the on-site laundry facilities and the community clubhouse which boasts a pool, fitness center, business center, and entertainment room. Call 813-419-7009 or email info@gloriawalters.com for more information or to make an offer. This unit is being offered for sale and for rent.

 

Wednesday, September 25, 2013

House Flipping Opportunities are Back!

House: before and after

After the market declined, many investors found it very difficult to find flipping opportunities. Since home values had reduced by over 50% in many markets, investors were forced to rent their properties until the right time to sell returned.

ATTENTION Investors, release the property managers and hire me as your Realtor. Resale property inventory is extremely low and eager homes buyers are jumping at the chance to snatch turn-key homes within the first few days of being listed. Not only can you sell your rental inventory, there is still an opportunity to purchase distressed, fixer uppers at low price points, and remodel to sell at higher price points. Yes, that scenario I just explained is called Flipping.

Flipping is back. Only for a limited time, so take advantage while it lasts.

Wednesday, September 11, 2013

Hire a Buyer’s Agent Even for New Construction

IMG_8114

 

I love receiving referrals from my past clients. I often receive phone calls from potential clients stating, “my friend spoke highly of you, he/she recommended you as a Realtor to help us with our home search.” Elated that my clients continue to think and speak of me when it comes to Real Estate, is not only a compliment, but an indicator that I have exceeded my client’s expectations.

This call was very similar. My past client gave me a ring, which I thought was a “just touching base” phone call. However, as it turned out, one of his co-workers were stressing about getting into a new place by December. He said my Realtor will take care of you. Within the same phone call, my past client asked me to hold on. Not knowing what to expect, I heard another person speaking on the phone. Hello she said. My co-worker spoke highly of you and said I should speak to you about helping me find a home. She said, “I looked at resales but wanted to take advantage of the new construction incentives while they last”. She then explained to me that she has worked with another Realtor that was recommended, but she was not very response and that she has been to a few builders already to look into the option of new construction.

Armed with the information I needed, I asked that she gave me a couple days to do some research and see what I can come up with. I emailed her two options that would be best. An option A and option B. She loved both, but thought option A would be best. We visited the site and she loved the new construction community. After meeting with her, she got a second opinion from family members then contacted me the next day and said that she wanted to sign a contract. I was able to work with the builder to get my client a great down payment to get the process started. After a month of frustration, I was able to turn it around for this hopeful buyer in just two days. This is why it’s best to hire a Buyer’s Agent even when considering new construction homes. They can narrow in on your needs and provide the best options that meet your needs, saving you time and frustration. Contact me today to begin your home search.