“When it comes to funding home improvement projects, consumers with equity in their homes have multiple options, such as taking out a home-equity loan, setting up a home-equity line of credit or refinancing an existing mortgage”
This comes as bad news for people who are considering selling their homes in the near future. via WBMA
Go here to read the rest:
Need More Room? Don’t Move - Improve
The online version of the Prudential Douglas Elliman 1Q 2008 Hamptons/North Fork Market Overview [Miller Samuel] is available for download.
I have been writing various incarnations of the New York regional market report series for Douglas Elliman since 1994.
To build Hamptons/North Fork custom data tables
To view Hamptons/North Fork charts
An excerpt
…Both median and average sales price indicators were above levels reached in the prior year quarter. There was an upward skew in average sales price not seen in the change in median sales price, which was $790,000 up 1.9% over the prior year period median sales price of $775,000. The average sales price was $1,728,610 this quarter, up 16.8% above the prior year quarter, the second highest quarterly average sales price after the third quarter of 2007, which had an average sales price of $1,805,104.
Besides the rise in price indicators within the top 20% of the market, perhaps one of the more striking characteristics of the East End was the decline in overall number of sales. The lower volume of sales activity is largely attributable to the declining national economic climate, tighter credit and a weaker employment picture in the New York City financial services sector…
Download report: 1Q 2008 Hamptons/North Fork Market Overview [pdf]
More here:
[East End] 1Q 2008 Hamptons/North Fork Market Overview Available For Download
Every day should be fair housing day. But as this month has officially been designated to recognize initiatives and efforts toward equality in housing, it has also been deemed Fair Housing Month. Through this we can build awareness of the inequalities that exist today, push toward the future and strive to better the public and its professionals through education.
I want to draw attention to a video I found on YouTube. It is from an annual Poetry Slam event sponsored by the Fair Housing Partnership, titled, “Ending Segregation: Just Say the Word.” The April 2007 winner, Vanessa German, raps about inequality and how it breeds a feeling of unworthiness.
German says when you feel unworthy, you don’t have any expectations, even if the expectations are normal justices that you should have. She says if the mindset doesn’t change, then fair housing won’t change, because the rights won’t mean a thing if people don’t expect that they deserve and are entitled to these rights.
Well-said, Vanessa–a person’s self-worth is reflective of what they receive. We need to foster a culture of respect for one another, a culture of understanding that will allow people the dignity to seek the housing they deserve.
Without empowering thoughts, we cannot hope to cure the problem of providing fair housing for all. Without positive communication, we are just putting a Band-Aid on an internal wound.
Some homeowners are fighting back due to loan misled. via ClipSyndicate
Source:
Lawsuit Against Mortgage Industry
Agents are buying “leads.” Offices are launching newer, slicker and more informative web sites. And, the market is down. You’re probably thinking, “Tell me something I don’t know.” This may disappoint many of you; because what I’m going to share is something you all know but may not be paying attention to. The results of your efforts.
See original here:
Success On Purpose
Century-21 proclaims April “National Open House Month” and once programmed its YouTube channel with a related Open House home movies contest.
See the rest here:
Open House Rules
PATH (The Partnership for Advancing Technology in Housing) recently released its annual recommendations on the top remodeling technologies to make existing homes more durable, stronger and more resource efficient.
View post:
New Homes: Top 10 Energy-Efficient Remodeling Projects for 2008
Hardly a week goes by without the announcement that some major bank has just succeeded in raising billions of dollars in new capital from hedge funds or overseas investors. Given the huge sums being invested in U.S. banks you have to wonder what they’re doing with such new dollars. One good use might be to make loans for American homeowners who want to buy property or take out home equity lines of credit.
Read the original:
The Liquidity Opportunity Is Here
Contact Connie Vaughn at 760.887.0822 —
Here is the original post:
16027 MANDAN ROAD, APPLE VALLEY, CA — 4bed/2bath — $219,000
Contact Connie Vaughn at 760.887.0822 —
Source:
16027 MANDAN ROAD, APPLE VALLEY, CA — 4bed/2bath — $210,000
Contact Connie Vaughn at 760.887.0822 — Spanish Style Home in Prime location of Apple Valley. Very desirable area of Desert Knolls, near St Mary’s Hospital. Lovely 4 bedroom home with over 1/2 acre. Above ground pool! Playground! Covered Patio! Great room with awesome fireplace and room for pool table. Ceramic tile and newer carpet throughout. New paint! Large Master bedroom and bath. RV parking! Room for your toys! Not a short sale. Not a bank repo! What a great opportunity! Seller motivated and moving out of state. Move in condition!
Read the original here:
16027 MANDAN ROAD, APPLE VALLEY, CA — 4bed/2bath — $220,000
Contact Michael Yee at 626.826.1907 — Quiet neighborhood, well maintained. kitchen remodeled, bedrooms are good size, ready to move in recently painted inside.
Excerpted from:
409 SOUTH ENID AVENUE, AZUSA, CA — 3bed/1bath — $280,000
Contact Connie Vaughn at 760.887.0822 — Spanish Style Home in Prime location of Apple Valley. Very desirable area of Desert Knolls, near St Mary’s Hospital. Lovely 4 bedroom home with over 1/2 acre. Above ground pool! Playground! Covered Patio! Great room with awesome fireplace and room for pool table. Ceramic tile and newer carpet throughout. New paint! Large Master bedroom and bath. RV parking! Room for your toys! Not a short sale. Not a bank repo! What a great opportunity! Seller motivated and moving out of state. Move in condition!
Here is the original:
16027 MANDAN ROAD, APPLE VALLEY, CA — 4bed/2bath — $240,000
Contact ZipRealty at 1.800 CALL ZIP — Wonderful homey feel in this over 2000 sq ft home. Features a front porch, double door entry, travertine tile, wood and beam accents, vaulted ceilings, living room with great fireplace, a large laundry room with storage, one bedroom and bath down makes a perfect guest/office, huge yard, large patio with overhang and a newer spa. Toilets and faucets under two years old per seller. Water filtration system. Seller has found home of choice, make offer!
Read more here:
4855 TALMADGE ROAD, MOORPARK, CA — 4bed/3bath — $549,900
Contact Michael Yee at 626.826.1907 — Quiet neighborhood, well maintained. kitchen remodeled, bedrooms are good size, ready to move in recently painted inside.
Continued here:
409 SOUTH ENID AVENUE, AZUSA, CA — 3bed/1bath — $295,000
