Susan's blog listings.

ANOTHER GREAT UPDATE FROM CAPSTONE MORTGAGE!

Wed, 30 Jun 2010 11:56:26 -0500

Real Estate Headlines
Massachusetts Housing Market Posts Strong May
According to the Massachusetts Association of Realtors®, the Massachusetts housing market had its largest May increase since the association began tracking monthly data. Boston.com (6/22/10)
Facts & Figures Home Value Index (Calculated 6/7/10) Source: Zillow.com
Massachusetts Is Emerging from the Recession Faster than U.S.
The Massachusetts economy is emerging from recession more quickly than the nation as a whole. Boston Globe (6/15/10)
Is a Housing Shortage Coming?
As the nation struggles to bring itself out of the worst housing crash since the Great Depression, a new housing bubble may be coming. CNNMoney.com (6/15/10)
Top 10 Kitchen & Bath Trends
The National Kitchen & Bath Association announces the top 10 design trends from the 2010 NKBA Design Competition. National Kitchen & Bath Association (5/18/10)

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A GREAT MORTGAGE UPDATE

Wed, 16 Jun 2010 15:11:05 -0500

I just receive this email mortgage update from Chris Smith, president of Capstone Mortgage and thought I would pass it along as I found the content relevant and interesting.

Real Estate Headlines
Hurry Up and Close to Get the Homebuyer Tax Credit
Be proactive and prepare for the unexpected. The next few weeks are crucial for homebuyers who need to close on a house before the end of June to claim the federal homebuyer tax credit. Here are tips to make sure you get to the closing table on time. Market Watch (5/31/10)
Facts & Figures U.S. Average Weekly Mortgage Rates (1 Year) Source: mortgagenewsdaily.com
Economy Growing Slowly but Steadily
Recent data suggest that the recovery is more broad-based and self-sustaining, and perhaps even stronger than anticipated. Washington Post (6/5/10)
Real Estate Outlook: Sales Promising
Consumers have growing confidence in the economy and their own incomes. Homebuyers no longer fear further price declines Â– and that's a crucial turning point in the cycle. Yahoo Real Estate (5/31/10)
Building a Home Is a Bargain These Days
Builders, designers, and architects say now is a great time to build a new custom home or remodel an existing one. Investor’s Business Daily (05/27/10)

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Interest in Collaborating?

Tue, 25 May 2010 11:53:27 -0500

Anyone have an interest in collaborating on the MyAgentBook site? Perhaps partnering with another related site?

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The Times are CHANGING!

Tue, 16 Feb 2010 08:23:47 -0600

Well, everything goes in cycles, what goes down must come up…..

There have been signs of a bounce back in the housing market in the Metro West area of Boston for quite awhile but the most recent activity is virtually unmistakable. Last week in Lexington, several new single family listings hit the market with a BANG! Last weekend was a weekend of multiple offers. WOW! On one new listing there were 13 offers!

There is no doubt that any buyer that is standing on the sidelines waiting for the market to “hit bottom” or who may be looking for a bargain, it is starting to become very clear that that time has passed. If you are hoping to buy in the near future, therefore, it is time to get going and get prepared. Be ready to act quickly and aggressively in this housing market.

Start your search! Be ready to hop right in when the “right” house presents itself to you. If a competitive situation presents itself you will have to act decisively. Put your best offer in right away…..Highest with the most favorable terms to the seller. Keep in mind you will likely have to go over the asking price! Good Luck! Here are recent statistics from the MLS pin system for Lexington and the surrounding towns as of 2/16/2010:

Lexington

Single Family Listings: 105 Average List Price: $1,248,609 Average Market Time: 166.09

Bedford

Single Family Listings: 24 Average List Price: $668,174 Average Market Time: 81.83

Concord

Single Family Listings: 65 Average List Price: $1,401,248 Average Market Time: 151.34

Winchester

Single Family Listings: 57 Average List Price: $1,226,158 Average Market Time: 175.82

Arlington

Single Family Listings: 38 Average List Price: $586,167 Average Market Time: 139.05

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Real Estate Investing Webinar!

Tue, 05 Jan 2010 12:41:44 -0600

I received this invite to a webinar this Thursday which looks great! Whether you are interested in investing yourself or working with client investors- it really should be informative!

Join us a webinar with D.C. Fawcett, the creator of Virtual Short
Sale Investing

On the webinar, You’ll Discover:

How to get 100% of your deals done for you
without leaving the comfort of your own home.

Why the old way of doing short sales is DEAD!

The simple 7 step process for closing virtual
short sale deals while 100% of the work is done
for you.

How to leverage the hottest foreclosure
market we’ve ever seen to make the most
amount of money in the shortest period of time
with Virtual Short Sale Investing.

How to Make $100,000 per month doing only
one deal per month with No Cash, No Credit,
and No previous Experience.

DONT MISS THIS! Go Here to Register for this webinar:
..."UntrustedLink.bootstrap($(this), "e391cfa4a49d541a2c3ec342a37e3101", event)">reieducator.com/virtualshortsaletraining...

Real estate has always provided the ultimate leverage for
any business or investment vehicle. However, the power of
leverage has just been elevated to a whole new level using
virtual luxury home short sale investing.

Here’s why:

100% of the work is done for you by real estate agents and
professional short sale negotiators so you don’t have to do
any of the work, and yet you make most of the money.

You can do as many deals as you want because you are not
limited by your own time or resources, because you don’t
need any cash or credit to acquire these deals.

The entire process runs on autopilot so you can do what you
want when you want unlike the typical 9:00 – 5:00 corporate
job where you’re treated like a slave and have no freedom to
take a day off whenever you want or take a vacation whenever
you want.

Bottom line: Luxury short sales are the most profitable
investing strategy for today’s market.

DONT MISS THIS!! Go Here to Register for this webinar Now!
reieducator.com/virtualshortsaletraining...

Looking forward to seeing you on the webinar!

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