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The median down payment sank to its lowest level since 2009, averaging 9 percent for home buyers this year, according to housing data by the National Association of REALTORS®. First-time home buyers’ median down payment was 4 percent and repeat buyers averaged a 13 percent down payment, according to the housing data. “First-time buyers historically make small down payments, but repeat buyers like to put down 20 percent if they can to avoid paying mortgage insurance,” says Paul Bishop with NAR. “The general loss in home value since the peak […]

Originally from the middle Georgia area and fresh out of the U.S. Army, I moved to Savannah in 2001 in pursuit of a career in business after taking a management position with a well-known national organization. Since that time I have obtained my Bachelor of Science in Legal Studies, graduating Summa Cum Laude, and have taken advantage of a number of opportunities in sales and sales management positions in the Savannah area, all of which have taught me a great deal and helped make me very successful. One of my […]

When neighbors build true connections with one another, it fosters higher property values, strong schools, and lower crime rates in their neighborhood, according to studies by Dennis Rosenbaum, director of the Center for Research in Law and Justice at the University of Illinois at Chicago. Help introduce home owners to their neighbors by tweeting free info from the REALTOR® Content Resource on seven holiday events that better your community. That’s one of four free articles now available in the November “Stuff Yourself with Thanksgiving Planning” theme. You can also add […]

In remarks at the NAR Board of Directors meeting Monday, Nov. 12, during the 2012 REALTORS® Conference & Expo in Orlando, President Moe Veissi reflected on a year of great accomplishments for the association before officially passing the gavel to 2013 President Gary Thomas. Highlights of the year included a rally of nearly 14,000 REALTORS® on the National Mall in Washington D.C. in May in support of home ownership and the passage of the Biggert-Waters Flood Insurance Act in July. “You got a five-year flood insurance extension passed in an […]

Why John ? Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional that understands the Maine Real Estate Market and is positioned to stay ahead of the game. The Group is a team of dedicated real estate professionals, ready to meet all of your Greater Portland real estate needs. Put #1 to work for YOU! Selling? Talk to John and learn why he is “A House SOLD Name”. Buying? Our exclusive Buyer Agents, Cindy Olsen and Jeff Lunt represent only buyers, guiding […]

Board-certified real estate attorney Gary M. Singer answers housing questions in this space each Friday. To ask him a question about short sales, mortgages, refinancing, homeowner’s associations or any other residential real estate topic, click here. Q: We are trying to buy our first home and used a real estate agent recommended by a friend. He showed us a few houses, including one that we asked about. We love it and want to buy it. The problem is that the agent is hard to get in touch with and has […]

Foreclosure discounts are getting smaller as intense competition for homes forces buyers to pay closer to market value, Zillow.com says. Buyers in Palm Beach, Broward and Miami-Dade counties earned a 2.9 percent discount in September, down from 6.8 percent a year earlier, according to the Seattle-based website. Nationally, bank-owned discounts fell to 7.7 percent in September from 9.1 a year ago. South Florida’s peak foreclosure discount was 22.7 percent in August 2008. But during the past year, a lack of homes for sale has frustrated buyers and led to multiple […]

“OPENING NEW DOORS EVERYDAY” When its all said and done. Its all about you and your successful real estate experience. Welcome to your one stop shopping for real estate in Vermont. I offer you the highest quality of service. Be it buying, selling or relocating. My goal is not only your satisfaction and success, but to earn your trust and friendship along the way. I have a web site that is designed to ease you through the process all the way. For your successful real estate experience contact me today […]

The number of metro areas showing improvements in housing permits, employment, and home prices grew to 125 in November, and marks the third straight monthly gain for the index, according to the American Improving Markets Index. The monthly index by the National Association of Home Builders and First American identifies metro areas that for at least six consecutive months have posted gains in housing permits, employment and home prices. In November, the index added 22 more metro areas to its list over the previous month. Among the metros added in […]

Richard received his real estate license in 1988 while working in the financial services industry. After 20 years of helping friends, family and co-workers buy and sell properties, Richard became a REALTOR full time. His experience in financial services and technology as well as his real estate history make him uniquely suited to today’s Internet fueled real estate world. Richard received the SRES (Seniors Real Estate Specialist) designation, and is experienced in helping buyers and sellers of all ages realize their real estate dreams. Click here to search for a […]