Weekly Rate and Real Estate Update, 10.10.12

This can’t go on forever!

Dan’s activity this week:

Someday, my rate updates will not be so cheerful and you’ll be kicking yourself for not locking in these incredible rates or buying that smaller, bigger, better, etc whatever home because the rates were so low you could afford it!

The short sale home had its inspection and all seems well.  There was nothing too big just the regular high number of maintenance items that get neglected when a home starts to go through the foreclosure process.

Second showings on multiple listings in this last week!  Let’s get those buyers in these homes before the holiday rush I say!  Also one of my clients had an exciting day on Monday as their washing machine shutoff failed…causing some water damage to the floors.  The restoration crew was out the same day and whoever ends up buying the home will have brand new flooring!

I’m still pursuing the two agents who have clients interested in my investor portfolio for sale.  Let’s hope they aren't waiting for the outcome of the election to decide if they want to spend their cash.

So after one of my past clients expressed a need to sell a home, two other prospects contacted me to do the same thing!  Let’s keep that pipeline filled up.  My clients and prospects are already planning their Spring home sales and purchases.  If you are considering a Spring move, contact me now so you can plan accordingly.

The doorbell will be ringing off the hook this Sunday at the Irish Fall Family Fest.  Nothing like having a couple of hundred people come through your newly renovated home with some of our subs completing work still this week!  The temperature looks great at 73 but there is a 40% chance of rain…pray for that 40% after 6pm!  If you read this blog with regularity, you are invited…just email, call or text me to RSVP. 

 Rates for the week

From the IBJ... The average rate for 30-year mortgages fell to 3.52 percent from 3.55 percent in the week ended Oct. 3, according to Bankrate.com. The rate for 15-year mortgages fell to 2.84 percent from 2.88 percent.

 Email me to start your home sale or purchase process!