Monthly Archives: September 2011

How long does it take to settle a trust and what can we do if it isn’t done in a reasonable time?

How long it takes to settle a Trust after the Grantor dies depends on what needs to be done. It might take a few months, and it might take much longer. If the Trustee has to value and sell numerous … Continue reading

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What Makes a Good Comp? September 4, 2011

Real estate agents and appraisers use comparables to determine the value of a home.  Actually, there are three different methods used in determining the value of a home, but the approach that utilizes comparables is the one that holds the … Continue reading

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Regional Home Price Trends – September 1, 2011

Real estate seems to be on a pendulum. The first quarter of this year saw a rise in sales and prices. Then there was a dip in April followed by another rise. According to the National Association of Realtor’s® (NAR) … Continue reading

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Regional Home Price Trends – July 31, 2011

Despite all the recent news we have been hearing about a nationwide real estate slowdown, the February 2011 census reports that 67% of all Americans own their homes – a number only 2% lower than that of the height of … Continue reading

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Location, Location, Location! – July 1, 2011

The principle of the “three L’s” of real estate – location, location, location – has never been more proven than in today’s market. While existing home sales in some regions of our country declined in May, other areas are starting … Continue reading

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Home Price Trends and What’s Hot in Real Estate Today – June 1, 2011

As predicted, spring is proving to be a time of growth for real estate. Pending home sales nationwide are strong this quarter. This follows an upswing from the first quarter of 2011, where resales were up 3% in the South … Continue reading

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Spring Trends, Buy or Rent, Schools influence on Home Prices – May 2, 2011

Spring is in the air and real estate is responding with more sales. The National Association of Realtors’® Chief Economist, Lawrence Yun, says, “Since reaching a cyclical bottom last June, pending home sales have posted an overall gain of 24% … Continue reading

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Housing Affordability – April 1, 2011

April is a pivotal month in real estate. There’s just something about spring blossoms and long-awaited days of sunshine that spark home buying. Families start making plans to move over the summer months. Historically, from April through mid-July, the rush … Continue reading

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Western Region Leads Real Estate Gains – February 28, 2011

The word for spring may be “Buy Now.” Favorable housing affordability conditions are having a positive effect on the real estate market. Statistics released last month show that existing-home sales increased 2.7% from December to January of this year. Even … Continue reading

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State Median Home Price Increases 10.2%, Remodeling Trends – February 3, 2011

There’s something in the air. Have you noticed it? Downtown is busier, restaurants are crowded and retail sales are up. The same is true in the real estate market. Pending home sales improved in December, marking the fifth gain in … Continue reading

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