Pasatiempo housing market

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The Pasatiempo housing market, a segment of the Santa Cruz and Silicon Valley real estate markets, showed signs of improvement as the economic fortunes of the region also rallied. According to a May 31, 2010 article in the Mercury News, “The local housing market continues to show improvement in sales and value of homes, though overall home sales in the nine-county Bay Area and the state as a whole, showed mixed results during the month of April, according to latest real estate sales and price reports.” The piece by Rose Meily went on to note that “MDA DataQuick reports sales for all new and resale homes and condos in Santa Clara County rose 3.1 percent in April compared with the same period last year. A total of 1,656 homes sold in April, up from 1,606 homes sold in April 2009. The median home price for all homes jumped 20.7 percent from $405,000 in April of 2009 to $489,000 this year.”

The economic recovery of Santa Cruz County and Silicon Valley should encourage the purchase of more Pasatiempo homes for sale. According to a May 27, 2010 piece in the Santa Cruz Sentinel, “Santa Cruz County lost 5 percent of its jobs over the past two year, but it would have been worse without the steadying effect of agriculture…Santa Cruz is closely tied with Silicon Valley, which is seeing the strongest early recovery.” The article by Jondi Gumz went on to note that “The ag sector, which added jobs, has been a buffer; without it, the county’s job loss would have been 7 percent. But government is the largest local employer, and government lags the private sector in recovery.”

The recovering tourism sector should also encourage this rally in the Pasatiempo real estate market. According to a May 23, 2010 article in the Santa Cruz Sentinel, “After a dismal winter in which lodging rates dropped to about 51 percent at year-end – the lowest level on record – tourism is making a moderate comeback, according to local small business operators…The county should see a ‘modest rebound,’ said Maggie Ivy, chief executive officer of the Santa Cruz County Conference and Visitors Council.”

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Brownsburg Real Estate Market

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A small suburban community in central Indiana, Brownsburg is located in Hendricks County, just west of the state’s capital. It is a popular bedroom community for those who work in the Indianapolis city area, and is home to a population of around 15,000. With a moderately priced market, the Brownsburg real estate sector attracts many residents looking for a comfortable, affordable community to call home.

Since the onset of the financial troubles in the U.S. that eventually led to a full-blown recession, Brownsburg has seen a number of difficulties. The community has seen an increase in the number of foreclosures as many homeowners struggle to meet their mortgages with the struggling economy and loss of jobs.

According to ICON Realty Partners in Indiana, at the end of April there were 262 single-family Brownsburg homes for sale ranging from $39,900 to $1.6 million, with an average price of $217,451, or $81 per square foot. During this period, the average number of days homes are spending on the market before selling is 92 days.

The market for condos in Brownsburg currently shows 29 active properties for sale, ranging in price from $93,900 to $313,900, with an average price of $129,795, or $88 per square foot. Condos spend more time on the market than do traditional homes in Brownsburg, with condos currently having an average of 159 days on the market before selling.

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Huntington Harbor Real Estate

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A neighborhood in the northwestern part of Huntington Beach, California, along the coasts of the Pacific Ocean in the southern part of the state’s Orange County, Huntington Harbor lies along the scenic Pacific Coast Highway and is a planned community with more than 15,000 homes and condominiums, many of which offer waterfront ocean views. Many of the homes also include boat slips and the neighborhood has two public marinas.

Like many neighborhoods in Orange County, the market for Huntington Harbor real estate saw significant effects brought upon it in the aftermath of the economic downturn that began in late 2008. These ill effects include a rise in foreclosures and a drop in home values as well as some decreased sales activity as many would-be homeowners struggled to get financing amid the credit crisis before the government enacted stimulus plans to get more homebuyers in the market.

At the end of 2009, Huntington Harbor saw an annual decline in the price of properties in its residential real estate sector. According to the Orange County Register‘s annual chart, the median price of Huntington Harbor homes for sale in 2009 was $605,000, a 3.7% decline from 2008′s median price. Meanwhile, sales activity in 2009 actually rose slightly, with 314 homes sold, a 6.1% increase year-over-year.

Though prices have begun to increase a little since the end of 2009, they are still below levels where they were last year. The March monthly median price for homes in Huntington Harbor was $615,500, still off 8.75% from the price during March 2008. Despite less than stellar news on the pricing front, however, sales activity in March was up a full 50% year-over-year, with 24 properties sold in March of this year, according to the Orange County Register’s monthly chart.

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Finding a Home Suitable for YOU

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Here’s some tips to find a home that you will like in a crowded market. As you know, it can be difficult to find the perfect home, even after viewing many of the quality homes out there.

1. Make notes about the pros of a house: Big kitchen?  A basement, what about a nice attic? Do you need a rear garden with fence or without? A garage? Just some things to consider.

2. Now, identify the cons of a house. Do you like the carpeting? Slabbed porch? Tiled floors? Fitted wardrobes? Does it have enough bedrooms? List all the negatives.

3. Is the style you like? Perhaps this is a moot point, but there are many people who like a certain style. Also, consider how many levels you’d like.

4. The best location. Is it your perfect location or less perfect? Can you build on the side or front? Or even the back or top?

5. While searching for a house, get a mortgage first. Nowadays, the market is biased towards the buyers. Having an approved mortgage can ensure that you have the money when you find the right home.

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Find Your Home’s Value And The Right Site To Help You

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The internet is an incredible place, full of information on anything you would ever need to look up or learn about. Among these helpful pages are many to help you fine the value of your home. Searching simply for “home value” websites gives you hundreds of thousands of pages to look through. Deciphering the good websites from the bad can be tedious, so we have provided an overview of two helpful websites we found, Homegain and Zillow.

Zillow was created for the purpose of being a community for home owners everywhere and is free for anyone to join. It is a fantastic place to go when you have questions about any home ownership topic. It has many resources for people who:
- are looking to buy a home
- are in the market to sell their home
- could easily be tempted to sell their home
and has many professionals to guide you. the discussion board are available to to connect the community and make sure everyone gets helped out. Zillow’s ‘Map and Search’ feature will tell you what homes are available in the area you specify.

Though it may be similar to Zillow in many ways, Homegain has a more professional look to it. home gain also includes a ‘home worth estimator’ which is used to give you an approximate value for your home. to do this, just enter your address. This Estimator will then use your address to search through your neighborhood, looking for other homes that are for sale. By averaging the found sales estimates, you will get some idea of how much your house is worth. While not as exact as a professional estimate, this should give you a rough starting point when entering the market. Home gain also includes mayn resources for people looking to sell and buy houses, and general mortgage information.

Being prepared when you are considering selling or buying your a home is critical. One of the first things a person should know is the the value of the house, and how to accurately determine the amount of money that is to be earned or spent. Home value websites such as Zillow and Homegain are great places to start your journey into the market of buying and selling homes.

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Using The Internet To Find The Home Of Your Dreams!

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There are plenty of outstanding communities out there, some of which offer great lifestyles in addition to great properties. Regardless of where you want to live, the Internet can be one of the most effective mediums for finding real estate. Using the Internet, you can connect with realtors in a matter of seconds by searching through the MLS databases, or check out properties for sale that have been listed by homeowners online. The following are some great tips for using the Internet to buy a home:

Step 1: Before you can begin the process of finding your dream home on the internet, you will first need to find a licensed realtor. Realtors have to ability to represent you in legal proceedings which can help you to steer clear of any financing and mortgage complications that might arise. Realtors – individuals specializing in home sales – understand the intricate details involved in home buying. If you are planning on buying a new home in addition to selling a current home, a licensed realtor will be able to assist you in finding your dream home while simultaneously helping you to sell your current home. Many realtors (or “real estate agents”) will assist you with the sale of your home with no additional cost until the property has sold. Once the property has sold, you will be required to pay a certain percentage of the sale amount as commission for the realtor’s services.

Step 2: Financial obligations and responsibilities must be addressed by individuals who are considering buying a home. Realtors will work diligently to assist you in maintaining confidentiality and will also help you obtain discounts and other important savings on your mortgage. The realtor can assist in an assessment of your personal finances which is important to do before considering a loan amount. Doing things this way can help minimize the chances of future complications. Realtors provide this service at no cost whatsoever and, at the same In addition to this, realtors will assist you in finding the lowest mortgage rates as well as help negotiate the best loan terms.

Step 3: Your personal requirements are very important when purchasing a home. Realtors will help you to better understand your own wants and needs as well as do an analysis on your unique financial situation allowing them to find the best deal for you. If you want to discover your own personal needs and wants, you can begin by trying to find a home today by using the Internet. Take a look at the images and other information that you find important in a home. Regardless of whether you are planning to purchase a home in Pennsylvania or Charleston, the internet can provide you with tools that will allow you to analyze more than 60,000 properties at the same time.

Searching for homes using the Internet will also enable you to get in contact with reputable realtors and real estate agents. Realtors will help with the paperwork, consideration of exterior factors, visitation scheduling, financial applications, negotiations, inspections, mortgage, before closing details, and while buying a home. A realtor will assist you with all the issues involved in purchasing a home, including property management, securing a loan, closing the deal, and helping guide you through the steps of purchasing a property. The important thing to remember is that the internet provides thousands of choices ranging from condominiums all the way to compact residential units and from state-of-the-art villas to upper fixer property. The internet is the ideal medium for finding the home of your dreams.


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Your Fix For Falling Real Estate – Locked In Value Equity

Homeowners who wish to gain protection from sinking property values can take advantage of a service known as locked in value equity. The advantage works both ways – if the market falls, the homeowner’s property remains valuable, but if the market rises, the homeowner’s property increases in value.

Homeowners are required to pay a minimal charge to lock their home’s value with the lock-in company. This value serves to be the absolute minimum that the homeowner would receive were they to sell their home. These contracts can last as long as 10 years, after which point the lock-in is no longer valid. The company that this contract is with also has no right to force the homeowner to sell. The company will always buy your home for the locked-in value, however you can always sell to someone else.

The advantages to these contracts should be becoming clear. You as a homeowner are given the right to sell the property at any time to the company who you have the contract with, and are guaranteed to get the amount of money listed on the contract. If the market prices go up, however, you’re free to sell to anyone for any price you want. All decisions are yours – the company you have the contract with cannot force you to do anything with your property.

The market that these companies are filling should be equally obvious. With the uncertainty surrounding real estate prices and the current real estate market, many people are insecure with their home ownership. The markets have been volatile and unpredictable, making it a scary thing to base your financial wellbeing. The contracts protect home owners and ensure that their investment is safe.

The popularity of these contracts has increased drastically recently due to the aforementioned volatility of the housing market. Also, the small fee is affordable and worth it, considering the safety that the contract provides. With some contracts offering up to ten years of of protection, many investors are jumping at the chance of having a secure and safe investment. The contracts generally allow the homeowner to make use of their contract (that is, sell for the specified price) after two years.

Buying homes in today’s real estate market is risky, and to place a large portion of one’s investment money into a house is simply too risky to undertake for many. The demise of credit today due to low consumer confidence doesn’t help. These locked in equity contracts provide a safe way to invest in a house, and are becoming increasingly popular because of it. Affordable, safe, and a win-win situation.

Affordable And Secure: Colorado Manufactured Homes

If you are someone that has ever visited, or lived in, Colorado then you might have often thought of returning for a vacation or even to live. Unfortunately, many people have found that moving to Colorado is not as easy as they once might have believed. With the rise of the real estate costs in the 2000’s the price for even a modest home in Colorado has become more than most people can easily afford. Even with the recent dive in the housing markets affordable housing in Colorado is still beyond the reach of many.

Fortunately for many there is one solution and that is manufactured homes. There are manufactured homes available in Colorado that will be assembled in any area of Colorado that you want to make your new home. All you need to do is purchase your own home, order a manufactured home from a plant, and wait for it to be shipped and assembled. The assembly can be completed by you or a contracting company that you have hired to handle the tasks. The time that you save on construction and dealing with a building company will help you out tremendously and you will also save a great deal of money.

Housing Standards in Colorado

In the United States there are many types of climates and the manufactured home that you purchase will be made to withstand your local climate. A manufactured home built to be constructed in Colorado will be able to safely shelter inhabitants from earthquakes or snowstorms. The manufactured home you purchase will be able to keep your family safe and secure during the coldest winters.

In addition to keeping you and your family secure in the winter the manufactured home you purchase will also be able to handle the weight of large piles of snow. The homes will actually meet the same standards of security and safety as a traditional home found in Colorado. The state of Colorado even has municipal codes designed to enforce these standards.

Climate Friendly Colorado Manufactured Homes

The lovely views of the Rocky Mountains found in Colorado are part of what has made it a popular place to live. People come from all over the United States solely to enjoy the sights and scenery. Unfortunately, these lovely scenes come with a heavy price and that is the freezing cold winter temperatures.

The homes manufactured to be assembled in Colorado have to be able to survive weeks, or even months, of temperatures that regularly go below the freezing mark. This level of weather proofing is often accomplished by building manufactured homes using blocks that fit together to a precise degree designed using computers. The level of precision used to place the bricks together makes a manufactured home safe from all outside weather.

With no drafts being able to enter a home in the dead of winter and no heat being able to penetrate in the hottest days of summer the manufactured home will remain comfortable all year long. This insulation will keep your family warm in the winter and cool in the summer so that you will no longer have to worry about spending extra money each season cooling or heating your home.

Now that you understand the benefits of owning a manufactured home there is no reason to delay moving to your own dream home in the beautiful state of Colorado.

Debunking The Myths About Manufactured Homes

Take a second and imagine that you could save up enough to purchase your dream home in less than half the time it takes typical home buyers today. Imagine: * you could have your taxes lowered, * you lower the amount of maintenance required, * you could cut utility costs as well as other home costs, * the equity in your current home could enable you to pay cash for your next one, * all of these things could come true – however * you need to inform family, friends, and neighbors that “different is good.” Save time, money and get more value with less hassles! Discover the many forms of Manufactured Homes (also referred to as MHs) like “Next Home”! Imagine that you wanted to have a computer built out in the harsh weather with wind and rain.

Don’t you think that the computer will work properly without any problems? It makes more sense to think about getting the next home you purchase (as well as other things like appliances, car, computers and electronics) from a manufacturer that you know built it in an optimal setting. MHs today are constructed with identical building materials that are used in conventional houses built on site. As you know, nothing that is made by human hands can be perfect, since everyone makes mistakes. However, if your next home is built on site or in a factor, then it is sure to require maintenance. That is, you will have the standard insurance bills, utility bills, and other such expenses to pay. So when thinking about your options for a home, why not choose a home that is built in a factory.

Contrary to what many people believe, houses built in a factory can offer some pretty lucrative buyer benefits. After all, it would be more accurate to use the term “site-assembled” instead of “site-built” for houses that are built on site. The majority of “site builders” make use of parts and components that are built in factories, which are then transported to the home site and assembled. As construction costs increase, and professional labor becomes increasingly costly, the real differences between “site-built” and “factory-built” homes are blurred. Both are comprised of parts made in a factory, and both require some assembly on site in order to finish the work. Although it is true that the “mobile homes” have had issues in the past, in future articles we will debunk many of the misconceptions and myths surrounding MHs today.

Until this time, if you are considering purchasing, building, or leasing a home then stop, compare, and open up your mind. The longer you spend researching the facts about today’s MHs, the more you will discover the advantages of the best housing available in the United States: new and pre-owned homes factory-built homes!

Real Estate In New Jersey

Like every other real estate market in the United States and in the world, the New Jersey real estate market is on the decline with respect to the prices of residential property. In fact, it is at its lowest point ever in the history of the States. It was considered to be booming due to the increase in investing activities, however as soon as investors cashed out a significant number of projects were canceled without the necessary funding required for their completion. There has been a wave of price drops which has had an effect on all cities (both large and small), and now even New Jersey Real Estate is feeling the effects of the crisis.

The Banks are still on the front lines asking for the payment of real estate loans that were handed out so generously on the basis that there was a high probability that the loans would bring in lots of profit. However, with the current setback in this process, it would seem that the entire real estate system has collapsed. Even though experts point out that there was a temporary rise in market value during the month of March, they still believe that the trend in the New Jersey real estate market will contain further decline for some time to come.

The real estate sector has been one of the top sectors in the United States for the past few years, and lots of of money has been made by investing in the New Jersey real estate market, but now even these people are suffering as well. This unexpected decline in the New Jersey real estate market is becoming a real challenge that can only be solved with careful planning and courage. As was the case in 2007, this year is also showing a downward trend with respect to sales volumes and declining values of New Jersey real estate. Beyond all other factors, the one factor that has produced the most damage to both the goodwill and credibility of the New Jersey real estate market is the negative opinion that has spread by word of mouth. This negativity has spread like a wild fire, and it has proved to be a major setback in every imaginable sense of the word.

One of the things that happened was that everyone hesitated in doing real estate deals – they were all waiting for the perfect time to make the most lucrative deal, causing activity to jam which resulted in low turnover. Even small contributors have created an enormous problem. The New Jersey real estate market has become synonymous with disaster. Now many campaigning activities must be executed to convince buyers and sellers that the system still works. Unfortunately this has not been working, as activity is still at an all time low in New Jersey.