Saturday, June 25, 2011

Agent Says Record Low Prices on Cincinnati Real Estate Provides Historic Opportunity For Buyers

Cincinnati, OH – Cincinnati REALTOR Sandy Bakst says record low prices in the new and existing home market provide historic opportunities for buyers. He says that home prices in many cases have completely retraced the pre-mortgage-crisis bubble levels, providing exceptional valuations for buyers considering entering the market.

"Many potential buyers have been sitting on the sidelines for years, but Cincinnati real estate is very attractively priced right now in my opinion. In fact, we may not get better prices for a generation."

He says an increased ratio of real estate investors to owner-occupants have been entering the market and picking up bargains on Cincinnati homes for sale to add to their investment portfolios.

"The fact that investors are having a field day with the market is a good sign for first time home buyers that the time may be perfect for them to jump in as well."

Bakst, who helps clients with their Cincinnati and Northern Kentucky real estatepurchases, says that the combination of low prices and low interest rates have made the current market a chance of a lifetime for many young families to experience the dream of home ownership.

"It's possible for first time home buyers to get a larger home than they ever could have dreamed of in previous markets, and they'll have a smaller house payment for it."

That, he says, is a winning combination that doesn't come around often.

For more information, please contact:

Sandy Bakst
Keller Williams Advisors Realty
3505 Columbia Parkway
Cincinnati, OH 45226
513-315-9295

http://www.sandybakst.com/
http://www.cincinnatiohiohomesforsale.net/
http://www.northernkentuckyhomesforsale.net/

Foreclosure Inventory Brings Out Bargain Hunters Says Meridian Real Estate Agent John Espinosa

Meridian, ID – Meridian, Idaho real estate agent John Espinosa says that high foreclosure inventory has brought out bargain hunters looking for good deals on primary residences and investment properties in the Boise area.

According to Espinosa, as the mortgage crisis works its way through the system, and unemployment continues to plague the economy, more Meridian foreclosures end up as bank owned property. He says that means one thing: Lower prices for buyers.

"In this economy, everyone wants to tighten up on debt and reduce their monthly bills. For those who are able to take advantage of what the market is offering, it may actually be cheaper to buy than to rent."

"Meridian real estate buyers have been handed an amazing gift right now in that bank owned inventory has made prices very reasonable. The average buyer can afford twice the house or more compared to several years ago."

He says this is due to the double-impact of lower prices and lower rates. For those who have come out of the economy unscathed by negative credit, extremely low rates and prices combined mean a bigger and better house and more economic security.

Espinosa says many potential buyers might be surprised not only to know they qualify to buy a home, but to know how much home they can afford with today's prices.

"Yes, the economy has been tough in many respects, but I'm optimistic and look at the low prices as a blessing for those who have always thought home ownership was not attainable. They shouldn’t rule it out without talking to me first."

For more information, contact:

John Espinosa
RE/MAX Advantage
5680 E Franklin Rd, Suite 100
Nampa ID 83687
208-484-7837
http://www.meridianidhomes.com

Albuquerque Real Estate Agent Joe Maez Says End of QE2 May Mean End of Record Low Interest Rates

Albuquerque, NM – With the long-anticipated end of the Federal Reserve's so-called QE2 coming at the end of the month, Albuquerque real estate agent Joe Maez says the phasing out of this technique of government-induced low interest rates will likely mean rising mortgage costs for buyers in months ahead. According to Maez, that means buyers need to act now to lock in historically low rates.

While the Fed remains undecided what monetary policy to implement in coming months to nurse the economy along, Maez says they have made clear that they don't intend to pursue QE3, a third round of Quantitative Easing that would seek to artificially lower interest rates.

"If the Fed stands by its previous statements not to engage in QE3, it can only serve to raise interest rates for anyone buying Albuquerque homes. That means the cost of home ownership will go up regardless of what home prices do."

He says that even if home prices stay the same or go down, a rising interest rate environment means buyers get less house for the same monthly payment than they did before.

"If I had been thinking about buying a house but putting it off for whatever reason, rising interest rates would get me off the sidelines. Now is the time to lock in historically cheap money and get into a better home for it."

With the combination of very low rates and home prices for New Mexico real estate, Maez says it's hard to imagine a better buying opportunity for buyers.

"For those sitting on the sidelines, this chance of a lifetime may be going the way of QE2."

For more information, contact:

Joe Maez
New Mexico Real Estate Agent
8100 Wyoming Blvd NE
M4 #234
Albuquerque, NM 87113
505-401-5775

http://www.nmhomesplus.com

Tuesday, June 21, 2011

Real Estate Agents: Synthetic Lawns Attract Buyers Due to Lower Lifetime Maintenance Costs

San Diego, Calif. – Real estate agents looking for an edge to get their listings sold in arid Southern California might want to recommend synthetic lawns to their clients, according to one analysis.

Scot Wozniak, President of San Diego Lawns, Inc., a San Diego synthetic lawns installation company, says drought-friendly artificial turf is a unique selling point that can really save substantial amounts of money over the lifetime of the product.

"Many people just don't take the time to add up how much money they spend on maintaining their lawns each year. When you add up water costs to the costs of lawn care services, reseeding, and fertilizing, it's a lot of money."


He says it's possible for an average homeowner to save over $2000 per year on water and lawn maintenance by installing beautiful-looking synthetic grass.

"A synthetic lawn can be all it takes to make one house stick out over another in the minds of buyers."

Wozniak says he provides free cost savings evaluations for customers.

For more information, please contact:

Scot Wozniak
President
San Diego Lawns, Inc.
1035 Surrey Dr
Bonita CA 91902
619-495-0722
http://www.sandiegolawns.com
scot@sdlawns.com

Tuesday, June 14, 2011

Praxius Launches Mortgage Lender-Agent Collaborative Marketing System For Home Loan Referrals

Amherst, NH - Praxius Technology, a real estate company specializing in mortgage marketing and online lead generation, is launching its Lender-Agent Collaborative Marketing System to help both agents and mortgage loan officers work together to develop new business.

According to Fred Doleac, President of Praxius, lenders have traditionally relied heavily on refinance business, with home purchases making up a smaller source of mortgage leads. Now, because of today's persistently low interest rate environment, he says that most homeowners who were able to refinance already have.

"Lenders have had to wake up to the new reality that in order to survive, they need to have strong relationships with real estate agents, who control more than 80% of home loan referrals. Praxius provides the tools to build those relationships by offering a collaborative marketing system that benefits both lender and agent."

Doleac says Praxius' marketing system is designed to get the loan officer in the door so they can receive home loan referrals of qualified real estate leads.

"The lender controls the marketing system and provides agents with the integration of technology, training, and support so they can effectively compete online for buyers."

He says the Praxius marketing platform is Google friendly and allows agents to post listings, articles and market reports so that they can achieve front page placement on Google. The key for an agent is to be found online and establish relevancy. With years of experience, hours of online videos in our training library, and weekly training webinars, Praxius is the only company that offers this level of expertise."

Schedule a Free Webinar:
http://praxiustech.com/

About Praxius

Praxius is a division of Virtual Homes Real Estate, a New England independent real estate company with agents in 4 states.

Contact Praxius

Fred Doleac
Broker/Owner
Praxius Technology
55 Ponemah Road
Amherst, NH 03031
603-732-1800 or 800-856-2479
603-732-1817 Direct
Fax toll free - 888-884-0543
http://www.praxiustechnology.com/
http://praxiustech.com/