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Today’s Talking Point 11/20/09




Move.com survey results:

Just more than 12% of potential home buyers surveyed plan to purchase a home as an investment property compared with less than 6% who said the same seven months ago.

Of those interested in buying a foreclosure, 42% were investors. About 13% of those investors would turn their foreclosures into rentals, 11% would fix them up for resale and 17% said the houses would be used by a family member until the home could be sold for a profit.

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Today’s Talking Point 11/02/2009




7 Step Action Plan for Tax Credit Extension Step #1 – Contact anyone who might have given up. Originally, there was a lot of speculation that there would be no extension granted. That caused some buyers to stop looking (especially in regions where closings take longer). We must immediately reconnect with this group. Step #2 – Contact anyone in the […]

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Home Buyers’ Tax Credit Update




Updated 11/4 1PM It’s DONE From U.S. News and World Report The deadline for first-time home buyers to claim the $8,000 credit would be pushed back to April 30, 2010. But the term “deadline” doesn’t mean the same thing as it does in the current credit. The Senate agreement stipulates that buyers must have a sales contract on a house […]

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Today’s Talking Point 10/26/09




Existing Home Sales Skyrocket – What does that mean to your business? First, I want to congratulate all the real estate professionals out there who helped make this happen. (Didn’t have a sale last month? Don’t despair – this will be your month!!). However, as I always say, let’s look behind the headline for the actual news. Sales are up. […]

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Should I Move-up in Today’s Market?




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