Market Conditions in Shingle Springs : Advice

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Douglas Zell…, Real Estate Pro in El Dorado County, CA
As the costs of mortgages get bigger, could the size of homes buyers purchase get smaller?According to financial Web site The Motley Fool, interest rates and home size are closely tied together. “As… Read more
Blogged Tue Sep 17, 2013 by Douglas Zeller Market Conditions Home Buying Financing
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Doug & Bud Z…, Real Estate Pro in Placerville, CA
More home owners are planning to renovate their houses this year, according to Houzz, a remodeling Web site. The company recently surveyed approximately 100,000 home owners, and 53 percent of them reported… Read more
Blogged Tue Apr 2, 2013 by Doug & Bud Zeller Market Conditions Remodel & Renovate Home Ownership
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Doug & Bud Z…, Real Estate Pro in Placerville, CA
Home buyers may not get as great of a deal on a foreclosure as they once did, according to Paul Diggle from Capital Economics in a new report. Foreclosure starts are falling and the inventory of foreclosures… Read more
Blogged Mon Mar 11, 2013 by Doug & Bud Zeller Market Conditions Home Buying Foreclosure
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Doug & Bud Z…, Real Estate Pro in Placerville, CA
Mortgage applications dropped for the second consecutive week as rates ticked up slightly, the Mortgage Bankers Association reports.  The MBA’s weekly index measuring applications for home purchases… Read more
Blogged Wed Feb 20, 2013 by Doug & Bud Zeller Market Conditions Home Buying Financing
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
Low housing inventory has resulted in a lack of move-in ready homes available for sale.  Many buyers, especially first time buyers, tend to overlook properties in need of extensive repairs, but a federally… Read more
Blogged Sat Jan 26, 2013 by Douglas Zeller Market Conditions Home Buying Financing
Bud Zeller, Real Estate Pro in Placerville, CA
Short sales are getting much shorter, Freddie Mac says. The mortgage giant launched a Freddie Mac Standard Short Sale program on Nov. 1 that sought to speed up the short sale process and make it easier… Read more
Blogged Wed Jan 23, 2013 by Bud Zeller Market Conditions Foreclosure Home Ownership
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
Home buyers are feeling more confident that the housing market is in recovery mode and they’re realizing they better act soon if they want to take advantage of low mortgage rates and home prices… Read more
Blogged Wed Dec 26, 2012 by Douglas Zeller Market Conditions Home Buying Investment Properties
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Doug & Bud Z…, Real Estate Pro in Placerville, CA
California’s median price continued to register double-digit gains from year-ago levels and strong sales of higher-priced homes led to a year-over-year increase in sales in California during November,… Read more
Blogged Mon Dec 24, 2012 by Doug & Bud Zeller Market Conditions Home Buying Investment Properties
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Doug & Bud Z…, Real Estate Pro in Placerville, CA
Fixed-rate mortgages are back at all-time record lows or hovering near them, Freddie Mac reports in its weekly mortgage market survey. For those who can qualify for a loan, the ultra-low mortgage rates… Read more
Blogged Sat Sep 22, 2012 by Doug & Bud Zeller Market Conditions Home Buying Financing
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
Great news update to share! Interest rates for home mortgages continued to hover near all-time lows, keeping home buyer affordability high. Freddie Mac reports the following averages in this week’s… Read more
Blogged Fri Sep 7, 2012 by Douglas Zeller Market Conditions Home Buying Financing
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
Researchers in the upcoming September issue of the Urban Affairs Review examine data collected from a group of low- and mid-income homeowners and renters over four years to determine if owning a home inspires… Read more
Blogged Thu Aug 23, 2012 by Douglas Zeller Quality of Life Market Conditions Home Buying
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
Despite the sluggish economy, average rents increased in all 82 markets tracked by Reis Inc., a real estate data firm.  Average rents are now at record levels in 74 of those markets and now top $1,000… Read more
Blogged Mon Jul 16, 2012 by Douglas Zeller Market Conditions Rental Basics Rent vs Buy
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
State and federal laws that set out to prevent defaulting home owners from being evicted may actually be jeopardizing the housing recovery and even extending the slump, economists told Reuters. More than… Read more
Blogged Wed Jun 27, 2012 by Douglas Zeller Market Conditions Financing Foreclosure
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Doug & Bud Z…, Real Estate Pro in Placerville, CA
The number of home buyers who say they are interested in purchasing a foreclosure has nearly tripled in the last two-and-a-half years, according to a new survey by Realtor.com. What’s more, 92 percent… Read more
Blogged Fri Jun 1, 2012 by Doug & Bud Zeller Market Conditions Home Buying Foreclosure
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Bud Zeller, Real Estate Pro in Placerville, CA
Sales of new single-family homes dropped to their lowest level in March since November 2011, but analysts say there were glimmers of hope behind the Census Department’s data released Tuesday, which… Read more
Blogged Thu Apr 26, 2012 by Bud Zeller General Area Market Conditions Home Buying
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Doug & Bud Z…, Real Estate Pro in Placerville, CA
Real estate update to share! Mortgage rates were down across the board this week compared to last week, according to Freddie Mac’s weekly mortgage market survey. After posting a big jump last week,… Read more
Blogged Sun Apr 1, 2012 by Doug & Bud Zeller Market Conditions Home Buying Financing
Doug & Bud Z…, Real Estate Pro in Placerville, CA
Keep in mind! Owning a home can provide some significant advantages when it’s time to file a federal tax return.  From green energy credits to deductions for damage from natural disaster, there… Read more
Blogged Thu Mar 15, 2012 by Doug & Bud Zeller General Area Market Conditions Home Buying
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
This ‘Mega Force’  is becoming a growing force in the housing market, with this demographic's purchasing power more than doubling over the past decade, according to a new report by the… Read more
Blogged Tue Mar 13, 2012 by Douglas Zeller Market Conditions Home Buying Home Selling
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
Census data shows that the average square footage of a new single-family home dropped to 2,438 in 2009 after peaking at 2,521 in 2007. "The decline of the early 1980s turned out to be temporary, but this… Read more
Blogged Mon Jun 28, 2010 by Douglas Zeller Market Conditions
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