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Anita Rich's Blog

By Anita Rich | Broker in Studio City, CA
  • Owning a Home Essential to the American Dream, Survey Shows

    Posted Under: General Area, Quality of Life, Market Conditions  |  June 14, 2011 10:43 AM  |  786 views  |  No comments

    Owning a Home Essential to the American Dream, Survey Shows


    Despite the ups and downs of the housing market, homeowners and non-owners alike consider owning a home essential to the American Dream, according to a new survey conducted by The National Association of Home Builders (NAHB). 

    The survey—conducted on behalf of the National Association of Home Builders (NAHB) by Public Opinion Strategies of Alexandria, Va., and Lake Research Partners of Washington, D.C.—polled 2,000 people who are likely to vote in 2012. According to NAHB Chairman Bob Nielsen, “The survey results show that Americans see beyond the immediate housing market to the enduring value of homeownership. An overwhelming 75 percent of the people who were polled said that owning a home is worth the risk of the fluctuations in the market, and 95 percent of the homeowners said they are happy with their decision to own a home.”

    Despite the challenging real estate market, people who...[read more...]

    Anita Rich
    Anita@aRichGroup.com
    Keller Williams Realty
    Office: 818-380-5202
    Mobile: 818-632-2258
    http://www.aRichGroup.com
  • Good News for Second-Home Owners and Buyers

    Posted Under: Market Conditions, Home Buying, Home Selling  |  April 7, 2011 11:42 AM  |  378 views  |  No comments

    Good News for Second-Home Owners and Buyers

    Image: Danilo Rizzuti / FreeDigitalPhotos.netAccording to a recent survey from the National Association of REALTORS® (NAR), the market share of vacation- and investment-home sales held steady in 2010. Although sales volume declined with the overall market, vacation-home sales accounted for 10% of transactions last year while the portion of investment sales was 17%, both unchanged from 2009.

    As a Member of the Top 5 in Real Estate Network®, I, along with my team, am committed to keeping my community informed on market statistics that will affect their real estate investment decisions. NAR's "2011 Investment and...[read more...]

    Anita Rich - Broker
    Luxury Home Institute Graduate-CRS
    Commercial Director
    Keller Williams Realty
    www.ArichGroup.com
    www.richrealestatela.com
    Member of RIS Media's Top 5 in Real Estate Network
    Direct: (818)380-5202
    Cell: (818)632-2258
    efax: (310)861-8480
    License # 00782527

  • Buying Activity is Picking Up - Why You Should Get in while the Getting’s Good

    Posted Under: Market Conditions, Home Buying, Home Selling  |  February 16, 2011 12:19 PM  |  244 views  |  No comments

    Buying Activity is Picking Up - Why You Should Get in while the Getting’s Good

    Buying Activity is Picking Up - Get in while the Gettings GoodThe Case-Shiller Index is one of the country’s most popular ways of measuring the movement of home prices. And in its latest rating, which went out in late December, the verdict was: Prices are down. The Case-Shiller report’s 20-City Composite rating was 0.8% lower than it was one year previously; the first year-on-year decrease since October 2009.

    In some markets, sales were the worst ever—as the report noted: “While the composite housing prices are still above their spring 2009 lows, six markets—Atlanta, Charlotte, Miami, Portland (OR), Seattle and Tampa—hit their lowest levels since home prices started to fall in 2006 and 2007, meaning that average home prices in those markets have fallen beyond the recent lows seen in most other markets in the spring of 2009.” This may make buyers complacent, expecting prices to go down further. And if you’re a seller, your immediate reaction might be to hide under the covers.

    But all may not be so negative—in fact, quite the contrary. For one...[read more...]

    Anita Rich - Broker
    Luxury Home Institute Graduate-CRS
    Commercial Director
    Keller Williams Realty
    www.ArichGroup.com
    www.richrealestatela.com
    Member of RIS Media's Top 5 in Real Estate Network
    Direct: (818)380-5202
    Cell: (818)632-2258
    efax: (310)861-8480
    License # 00782527

 
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