Richard Brody's (rbrody) Blog

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Real Estate Agent - Port Washington Properties

ARCHIVED BLOG POSTS

2009 

Are we near the end of this chapter of the "extreme buyers market?" Over the last few months, the number of people looking at houses listed on the market has gradually, but consistently increased. Many are only shoppers, trying to find out how much the market price of homes have decreased. But ma...
09/25/2009
How often I hear realtors try to explain away the commission by running away from the subject! There is NO reason to hide from the fact that realtors charge commissions. How do clients and customers think we get paid? A real estate professional must be able to both confidently and competently exp...
09/22/2009
For the last two years, all we have heard was how bad things are! Obviously, if buyers hear that all the time, they will react accordingly. So if we now believe what we are hearing, that the economy is improving, and that recession should soon be over, then how will that be communicated to buyers...
09/17/2009
Fed Chairman Bernake recently says he believed that the recession is nearly over. Mortgage interest rates have seemed to level, and most believe that rates are as low as they are going to go. More buyers are looking at houses again, but they are VERY slow to act. There is still NO sense of urgenc...
09/16/2009
Real estate data can be very misleading! When you hear that house prices are up or down, what is that compared to? Is it compared to last month, six months ago, a year ago, two years ago, when the market was at it's peak! The same is true with housing starts figures, home sales, etc. The best way...
09/11/2009
Mortgage rates are still  close to their historic lows! People with decent credit and 20% down can finally qualify again! First time buyers have until November 30th to close on a house, to still get the $8,000 tax credit! Prices have come down significantly, and their are plenty of choices!   So ...
09/09/2009
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Richard Brody

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