Get Ready Your Home Values are Headed South
June 14, 2011
I have been sounding the alarm for the past couple years about what you can expect the value of your home to be in the future. So far I have been very accurate on my estimations. Well, all the signs are really starting to line up now. Congress can't seem to get it together and "THE" Chinese rating company says the U.S. is already defaulting on it loans. The question you really need to be asking yourself, are you and your family ready for what's next?
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Homeowner Forecloses on Bank of America
June 9, 2011
Finally a little justice happens to the government owned Bank of America. I have personally had to deal with this terrible company on several different occasions. To Bank of America you are just a number and nothing matters except the results they archive for their shareholders and even that is no good. Their stock 52 week high was on June 21, 2010 when it reached $16.10/share, today it is at $10.57/share which is almost a 35% loss. If you have an account with this bank you might think twice and head for your hometown bank. So enough with my rambling thoughts of BofA, what happened to them?
A Florida couple foreclosed on BofA. Yep,you heard me right. They turned the tables on Bank of America and gave them a dose of their own medicine. You can get more details here.
Fasten Your Seatbelts – My Housing Prediction Confirmation Begins Now
June 1, 2011If you've been watching/listening to the news over the last few days you begin to see the beginnings of my predictions taking place. (See my blog post written on May 26, 2011, "The Next Housing Bubble Is When?"). Here are a few articles for you to review; they are very important to both home buyers as well as sellers. When you reading some of these articles, be sure to see how some of the writers are spinning a bad situation and trying to make it sound
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The Next Housing Bubble Is When?
May 26, 2011
I have been asked on several different occasions what I think about housing and the direction it's headed. I find most real estate agents will tell you what you need to here so they can get a sale; but that's not the type of agent anyone should be working with. So what is my housing prediction?
If you were to follow what the so called experts, like the National Association of Realtors, had to say last year about the housing market and purchased a home, you're not very happy today. Your new investment would have lost you roughly 8% in value. In other words, if you purchased a home for $200,000 last year (2010), it would now be worth $168,000. This means it cost you $1,333 per month to own your home and you haven't even made any mortgage payments yet. If you are one of those people who bought last year I'm afraid the news is not going to get any better moving forward.
Apirl 2011 Kansas Home Sales Fall 27.5 Percent
May 20, 2011
One day I hope a get to write some good news about Kansas homes sales, but for now I have to tell you the news without trying to cover up how bad the real estate market is. Here is an example of a cover up – According to Jamie Holt with Coldwell Banker Plaza Real Estate in Wichita Kansas and President of the Kansas Association of Realtors (KAR) "Sales in April were actually up 5.2% compared to the same month in 2009". He also said "This is a more meaningful comparison, because last year's figures were so skewed by the home buyer tax credit. All told, this number reflects a solid start to the selling season."
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I'm Todd Carrison. After being a real estate broker for one of the area's largest real estate companies and closing more than 1,000 real estate transactions, I've decided to teach you what other real estate agents simply won't.
If you're motivated to learn how to keep more money in your pocket in ANY real estate transaction and want to learn from my successes (and failures), please get my free real estate tips and join my community.
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