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Online Real Estate Blog

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By Mark Acantilado | Home Owner in USA, Mobile, AL
  • Environment Friendly Living and How It Affects Real Estate

    Posted Under: General Area in California City, How To... in California City, Home Ownership in California City  |  January 29, 2014 6:37 AM  |  928 views  |  No comments

    The housing market have been tremendously trying to recover back on its feet since it experience a market downfall, the market have been unstable – not until 2013 where the market seems to start recovering.

    With this, people are starting to realize other opportunities that they could invest into in the housing market – something that may help the market recover in the near future.

    One of it was green living. An “environment-friendly” way of living, in which it helps promote awareness of conservation and protection of nature.

    Benefits of Green Living

    So what exactly are the benefits of green living? Below are some of the benefits:

    1.       Good for your investments and savings

    2.       Good for your health

    3.       Could increase your home value

    4.       Most green homes are designed to be adaptable

    5.       More affordable living solutions are available

    How to start making Your Home Environment Friendly

    There are plenty of ways to make your home environment friendly. If you are a real estate agent, approved real estate schools online include certain elective courses to teach real estate license applicants the fundamentals and benefits of green living.

    Below are ways to start an eco-friendly living:

    1.       Using energy-saving appliances and not using your old appliances anymore.

    2.       Creating better insulation for your home to be able to control the temp inside your home aside from using your HVAC system.

    3.       Conserving water.

    4.       Turning off appliances that are not in use.

    5.       Planting trees in your background, at least, if you have enough space.

    6.       Avoid using plastics.

    Popular Trends in Green Living

    Other popular trends in real estate include solar power generation and wind power generation. The most abundant that we have right now is solar power, since it is coming from the suns’ radiation.

    Though solar panels are at first, expensive – more and more homes find it to be effective in terms of electricity source for their homes. Additionally, more people are looking into homes with solar panels already installed and are willing to pay more with this addition to the home, in which it also affect home values in the housing market.

  • US States with the Highest Home Price Increase in the last 4 Years

    Posted Under: General Area in California City, Market Conditions in California City, Agent2Agent in California City  |  January 23, 2014 4:10 AM  |  939 views  |  No comments

    The last four years of the US housing market has been really tough – many ups and downs have been experience by local markets, mortgage rates rise and fall, foreclosure rates increase, home ownership decreased due to people turning into renting as a better lifestyle.

    It may not be good news for individuals in the industry, but 2013 was somehow a better year than its previous year. Additionally, 2014 poses a major increase in home prices in several local markets in the US.

    A survey conducted by Fiserv and Moody’s Economy.com shows that Washington portrays the highest home price increase in the span of 4 years which is from 2010 to 2014. The survey projected the local housing market home price to increase by 44.7%. Other than Washington, nine more states reveal an outstanding number for 2014. Below are the results:


    1. Washington – Projected home price increase in 4 years was 44.7%

    2.  Oregon - Projected home price increase in 4 years was 33.6%

    3.  Michigan - Projected home price increase in 4 years was 33.1%

    4.  California - Projected home price increase in 4 years was 31.7%

    5.  Nevada - Projected home price increase in 4 years was 31.6%

    6.  Florida - Projected home price increase in 4 years was 26.9%

    7.  Arizona – Projected home price increase in 4 years was 26%

    8.  New Mexico – Projected home price increase in 4 years was 25.8%

    9.  Wyoming – Projected home price increase in 4 years was 23.7%

    10.  Alaska - Projected home price increase in 4 years was 20%

     

    With California being 4th in the list, it may be a great time to complete your California online real estate license requirements as you take advantage of this year’s forecast in the market.

    For more information about this survey, check this: http://agentcampus.realtytimes.com/marketoutlook/item/27271-2014-top-housing-markets-in-the-us

  • Buying Without Regret: Homebuying Tips for First Time Homebuyers

    Posted Under: Market Conditions in California City, Home Buying in California City, How To... in California City  |  June 28, 2013 3:31 AM  |  2,393 views  |  2 comments
    You only have one shot at making your first biggest purchase right—your real estate purchase—otherwise, it’s going to burden you until the mortgage has been paid off. For moneyed people, purchasing the wrong property isn’t going to be a problem but not for people without a lot of disposable income. It’s not something that can just be charged to experience. No need to fret though—here are a few hints on how to buy your first property smarter:
    1. Check the listings in your area and see if their prices fit your budget. How? You can do a quick search online on a wide range of real estate authority websites and online yellow pages, even that of the official site of National Association of Realtors, to find affordable listings in your area. Indeed, Google is definitely an easy tool for house hunting online.    
    2. Determine your budget. Don’t listen to mortgage bankers who’d advise you that you can actually spend up to 20 percent of your salary on a mortgage loan. Talk it through with your partner or your personal accountant. They’d probably have better things to tell you. Or, you can turn to Bankrate’s mortgage calculator for assistance.
    3. Determine the monthly expenses. Find out the monthly amortization, plus taxes, plus association dues and insurance. Check out Zillow for property tax information or call your local insurance agent to get a ballpark figure. Generally, just to give you an idea, the yearly insurance premium ranges from a few dollars short of $500 to over $1,000.
    4. Bear in mind that there are also closing costs to pay—fees that involve interests or origination fees, title transfer, taxes, and homeowners fees. Make sure to prepare yourself for these fees as well.
    5. Research about the real estate milieu in your target area. Talk to known real estate agents there and ask their opinion on how the local market is doing.
    6. Last but not the least, think of your long-term goals before buying a new house. Remember that a house is very high-maintenance and is quite costly. The maintenance alone can suck your bank account dry. It’s really important to determine how much you have and are willing to shell out.

    By following these simple tips, you can avoid getting your home foreclosed and keep your bank account healthy. Careful planning can prevent you from making a terrible mistake at your first and probably biggest investment—your home.

  • Is the Housing Market, Really Recovering?

    The housing market have been struggling to recover back on its feet since the United States began its recession in 2007-2009 where it reached the lowest price drop in its history.

    Due to this very significant event in the US housing market, it has affected a huge aspect of their economy which includes mortgages, home buildings and constructions, credit market, adding high unemployment rates in the US during those years.
       
    You can check out the US Housing Bubble Timeline here: http://en.wikipedia.org/wiki/Timeline_of_the_United_States_housing_bubble



    It's 2013 and many have said that the real estate market recovery is now underway. Many signs have been foretold, but what should we exactly look out for? How do we know if the real estate market is really recovering?

    There are three sure signs --  single family home sales, pending home sales, inventory levels. Find out more about the housing recovery signs here: http://www.agentcampus.com/blog/3-sure-signs-the-housing-recovery-is-here/  


    As the market recovers, YOU, as a responsible realtor should also know how the market has CHANGED, and how the competition has tighten things up. One of the battlefields in real estate marketing these days is the Internet, where most realtors serve their clients online. It is where you can also shape your plans for your future endeavors and succeed on it, with lots of information that you can gather from different resources online.


    Goodluck and have a happy 2013!
  • Staying Safe During an Open House or a Showing

    Posted Under: General Area in California City, Crime & Safety in California City, Home Selling in California City  |  December 5, 2012 12:06 AM  |  1,584 views  |  1 comment

    Unknown to most, becoming a real estate agent can be a dangerous profession, given that the job often entails meeting strangers and in unfamiliar places at that. The conditions and circumstances that attend an ordinary showing or open house frequently present dangers to the unwary agent’s physical well-being and, sometimes, even his very life. In April 2011, for instance, a 27-year-old agent was fatally shot in the head while working in a model home in Des Moines, Iowa. The killing came on the heels of another incident in Iowa involving a real estate agent, who was attacked when she arrived at a home for a showing appointment.

    In an article by Andrea Brambila for Inman News, certified crime-prevention professional Andrew Wooten proposes a set of preventive measures for real estate agents:

    Obey your gut feeling. If there’s a safety tip that an agent should remember, emphasizes Wooten, this is the one. If you feel something’s amiss in the situation or the persons you’re dealing with, excuse yourself and leave at once (especially if you’re working alone).

    Scout around the property and its environs before a showing or an open house. Check out the house; find out if there are hiding places for criminals in the house and around the house; determine if there are dead spots for cell-phone service. Make a point to visit the local police to let them know when and where you’re having a showing (and invite them over for refreshments on the appointed time).

    Introduce yourself to the neighbors. The more, the safer. One person invites a criminal; two, makes a criminal think twice; a crowd, intimidates a criminal any time.

    Don’t go alone if you can help it. If you can get a colleague to go with you, do it. An affiliate, such as a home inspector, will welcome the opportunity of being at a showing or an open house for the business opportunities.

    Park where you can see your vehicle and where you can egress quickly. A clear line of sight to your vehicle significantly reduces the chances of anyone surprising you as you walk back to it after a showing or an open house. An unobstructed egress allows you to get to safety pronto in case there’s trouble.

    Know your escape routes. Establish your paths to safety before your showing or open house. “How do I get out of this or that room?” should be your central question as you check out the house. A convenient escape suggested by Wooten is to leave the garage door open but with the door leading inside the house locked from the garage.

    Don’t go into a room with no escape route. As you show your prospects around, don’t make the mistake of entering a room (usually a bathroom or a laundry room) or space (a walk-in closet, for instance) with no escape route. Instead, graciously direct them to these rooms.

    Never turn your back, literally, on a prospect. Turning your back is just the opportunity that a criminal is waiting for.  If your prospect, regardless of gender, says “Ladies first” (or ”You first”), politely decline and say something like “And ruin your opportunity to explore and experience this wonderful home?” Stack up on stock but gracious demurrals.

    Get a teammate when closing up. The end of the day is a dangerous time for agents, so make sure that you have someone with you when closing up. Remember that during open houses there are usually other agents on your street. Volunteer to close up with one of them so he (or she) in turn will help you close up.

    Reference:http://www.agentcampus.com/blog/staying-safe-during-an-open-house-or-a-showing/

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