Tuesday, November 27, 2012

A Housing Market Kind of Morning!

I'm still coughing a lot so am working from home in an attempt to minimize the spread of cold germs.  In spite of that, I have been busy on the phone and computer staying on top of business.  A lovely luxury of being a real estate agent.  Call me if you'd like to learn more!

One of the items I came across is an article about continued home value increases.  12 months running.  And that is good news for everyone.  Whether you own a home, want to buy a home, or sell your home...a strong market is good.  Here is the article:   http://www.dsnews.com/articles/october-marks-12-months-of-home-value-increases-2012-11-26.  I've got buyers so let me know if you're interested in selling!

I also had a conversation with an appraiser who heard on the news that short sale approvals by some of the big banks (Wells Fargo and Bank of America included) are going to be happening much more quickly.  This may be good news if you're planning to short sell your home.  But there is still the issues of whether or not the debt forgiveness will be honored and how the title companies can be expected to process a glut of short sales.  I so wish I had a crystal ball!!  I've searched for the news article he was referring to and have had no luck turning it up.  I'll share it as soon as I do!

In any event there is a lot going on in real estate.  Feel free to comment with your questions or concerns!  I'd love to hear the public opinion!

www.jerianne.rnohomes.com

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