Category Archives: Real Estate

Low, low rates!

In case you were wondering if rates have finally come up…they have not!

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Termites…ick!

Did you know that when you go to sell your house, chances are great that you will have to treat for termites?  If there is any evidence of termites, even if they are not active right now, and no treatment is found, you MUST treat.  It is part of the real estate contract and it is not negotiable.  All loans require a termite inspection and those pesky termites are everywhere!

ValuePest.com does a great job with treatment and they are one of the least expensive out there that I have found.  Check them out here if you want to be proactive and treat or you know you already have those nasty wood eaters in your house!

Johnson County Market Trends


Priciest home up for auction…ever!

Check out this amazing house in Malibu…you can get it for a steal!  It was originally listed at $65m and is going up for auction at $22m.  You can handle that, right?  Read more about it here and see a slide show of the home here!  And yes, that is an aquarium that takes up the entire wall in the library! It is super cool!!!

WOW! Rates are even LOWER???

According to MSNBC…

The average rate on a 30-year fixed mortgage has fallen to its lowest level on records dating to 1971.

Five years ago, the average 30-year fixed rate was near 6.5 percent. In 2000, it exceeded 8 percent.

The average rate on a 15-year fixed mortgage, which is popular for refinancing, fell to 3.36 percent, also a record low.

The average for one-year adjustable-rate loans fell to 2.86 percent, the lowest on records going back to 1984.

AMAZING!

First-Time Homebuyers Get More for Their Money!

It’s a fact; it is a buyer’s market out there!  It’s  amazing what first-time homebuyers can get for their money compared to a few years ago!  Combining lower home prices and historically low interest rates adds up to more buying power for first-time buyers.  First-time buyers, or buyers that have owned before but are now renting, also have the luxury of not having to sell a home before buying another.  Check out Rachel Louise Ensign’s article for The Wall Street Journal, First-time homebuyers can dream bigger, for why it is a great idea for those considering purchasing their first home  to get busy!  She also gives advice on how to get started on your quest for home ownership, even if you have to improve your credit scores first.

To owning your own place~                                                                                            Rosemary, Atkinson-Thompson Group

Just for Fun…Take a Look at Some of These Houses!

Different?  Imaginative?  Crazy?  Maybe a little of each of these things!  What some people can think of!  They certainly are conversation pieces!  Take a peek at Annie Hauser and Tabitha Sukhai’s slide show for This Old House online, World’s Wildest Houses V.  Would you live in any of these domiciles?  I think I’ll stick with something a little more traditional, but these sure would be fun to view.  Re-sale could be tough, however!

Enjoy~