Kona Coast Luxury Home Sales Comparison
In a recent luxury real estate seminar presented by Title Guaranty some very eye-opening market trends appeared. With the onset and progression of COVID, buyers are leaving congested areas for paradise and they are coming here with cash, to the tune of plus 256%...Could This Be The End of Foreclosures?
On January 17 of this year, the Consumer Protection Bureau (CPB) released the new rules that apply to mortgage servicers in an effort to protect homeowners from foreclosures.
Assumable Loans Are Back
Just last month, I was able to refinance my home to an even lower rate than what I had in 2008. I am just amazed that I have a mortgage with less of an interest rate than what my parents paid for our home in 1968.
Put In a Back Up Offer
When there is a shift in the market to a seller’s market, there can be a frenzy to buy homes quickly before someone beats you to the punch. I have had my share of buyers that wanted to see a house only to find out that the house was sold in two hours.
Absorption Rate Pricing
What is absorption rate pricing? Here is a quick definition: Absorption rate pricing answers the question, “How many months will it take to sell all the homes in my area at the current rate?”