RE/MAX at the Lake Real Estate Blog

Reverse Mortgages Pros and Cons

2010-08-23T15:20:00.000-05:00

RISMEDIA, August 23, 2010—(Real Estate Center) — Some parents are warning their kids not to bank on inheriting the homestead. Why? Because some parents are considering a reverse mortgage. Such mortgages may not be...
Continued

30-Year, 15-Year Fixed Mortgage Rates at Record Lows

2010-07-23T10:17:00.000-05:00

Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS), with the 30-year and 15-year fixed-rate mortgages reaching record lows for this survey.
Full Story: http://realtytimes.com/rtpages/20100723_rates.htm

RALLY FOR THE CURE

2010-06-10T13:24:00.002-05:00

We are all putting the finishing touches on the Susan G Komen Rally for the Cure Golf Tournament on Monday the 14th. I think there is still room for a couple more teams to play. We are also adding something new this year. We are having a Taste for the Cure event on Sunday from 3:30 to 6pm. There will be 9 local restaurants there so you can sample their great food. The silent auction will also be going on both Sunday & Monday. Come on out to Indian Rock Golf Course and help support a good cause.

Real Estate Outlook: Up or Down?

2010-05-17T10:26:00.000-05:00

You may have seen the latest home sales and price numbers and wondered: What's going on here? Are we up? Are we down?
Full Story: http://realtytimes.com/rtpages/20100517_realestateoutlook.htm

Pending home sales rise 8.2 percent in February

2010-04-05T10:41:00.000-05:00

WASHINGTON – The number of buyers who agreed to purchase previously occupied homes rose sharply in February, far exceeding expectations, in a sign that the housing market may be coming back from the winter doldrums.

The National Association of Realtors said Monday its seasonally adjusted index of sales agreements rose 8.2 percent from January to a February reading of 97.6. January's reading was revised slightly downward to 90.2.

Read the whole story:

FREE HOMEBUYERS WORKSHOP

2010-03-02T14:15:00.002-06:00

Come join us for a FREE Homebuyers Workshop sponsored by Bank of America.

This months topic will be "The Benefits of Owning a Home".

The workshop will be held on March 11th, beginning at 5:30pm. Please join us for an enlightening and informative Homebuyers Workshop. You'll get insight on the end-to-end home buying process from a dedicated mortgage loan officer.
Call Gerry Phillips with Bank of America for more information 573-480-1978

Visit our website for more details. www.weselllakehomes.com

Mardi Gras & Children's Miracle Network

2010-02-16T13:02:00.002-06:00

Tonight is our annual Mardi Gras Celebration in support of the kids. This is our fund raiser for Children's Miracle Network. There will be plenty of food, drinks, fun, networking, and great live music. Our goal is to raise at least $3,000 this year. Around 200+ people attend each year and we hope that they will support the kids once again.

Thank you to all that have helped the children.

FREE HOMEBUYERS WORKSHOP

2010-02-11T14:46:00.002-06:00

Come join us for a FREE Homebuyers Workshop sponsored by Bank of America. This months topic will be "It's Great to be Home"

February 18th, beginning at 5:30pm.

Please join us for an enlightening and informative It's Great to be Home - Homebuyers Workshop. You'll get insight on the end-to-end home buying process from a dedicated mortgage loan officer.

Visit our website for more details. www.weselllakehomes.com

The Expanded Home Buyer Tax Credit Could Chase Away the Winter Blues

2010-01-07T14:02:00.000-06:00

RISMEDIA, January 7, 2010—As we begin 2010, both real estate professionals and home buyers have something to look forward to and more importantly, take advantage of—the extended and expanded home buyer tax credit. Originally created in 2008, the home-buyer tax credit has evolved from a $7,500 credit, Continued

8 Ways to Get Out of Debt and Start Saving for the New Year

2009-12-30T09:49:00.000-06:00

RISMEDIA, December 30, 2009—With 2010 right around the corner, what will you be looking forward to in the New Year? Buying your first home? Sending your last kid off to college? Or obsessing over your own personal mountain of debt, even more worrisome in this uncertain economy? It may feel like "Resolution Impossible," but if you follow Eric Tyson's advice, you'll remember '10 Continued

U.S. existing home sales pace highest in 2-1/2 yrs

2009-11-23T12:03:00.000-06:00

WASHINGTON (Reuters) – Sales of previously owned U.S. homes rose in October at a faster-than-expected pace to the highest in more than 2-1/2 years as buyers rushed to take advantage of a popular tax credit, a survey showed on Monday.

The National Association of Realtors said sales surged a record 10.1 percent month-over-month to an annual rate of 6.10 million units, the highest since February 2007, from a downwardly revised 5.54 million-unit pace in September. Read the full story...

Real Estate Outlook: Moving Towards Recovery

2009-11-17T12:18:00.001-06:00

The huge impact of the federal home buyer tax credit program - which is now set to continue and even expand through next spring - dominates the housing resale numbers this week.
Full Story: http://realtytimes.com/rtpages/20091117_realestateoutlook.htm

BREAKING NEWS: Senate Plans to Extend and Expand Tax Credit

2009-10-29T12:49:00.000-05:00

RISMEDIA, October 29, 2009—(MCT/The Wall Street Journal)-The Senate has reached a compromise on extending and expanding the $8,000 tax credit for first-time home buyers, a boost the housing industry believes will help it pull out of its two-year-old downturn. ..READ FULL STORY...

30-Year Fixed Rate Still Below 5 Percent for Third Consecutive Week

2009-10-16T13:37:00.000-05:00

Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.92 percent with an average 0.7 point for the week ending October 15, 2009, up from last week when it averaged 4.87 percent. Last year at this time, the 30-year FRM averaged 6.46 percent.
Full Story: http://realtytimes.com/rtpages/20091016_rates.htm

Real Estate Investment 101

2009-10-01T14:48:00.001-05:00

It's one of the best of times ever to invest in real estate, but just like buying a home to live in, taking the real estate investment plunge requires lots of foresight.
Full Story: http://realtytimes.com/rtpages/20090924_invest.htm

Pending Home Sales on a Roll, Up for Sixth Straight Month

2009-09-02T08:20:00.001-05:00

RISMEDIA, September 2, 2009—Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors®. Continued

First-Time Homebuyers: Now's the Time

2009-08-27T16:05:00.000-05:00

The opportunity of a lifetime is at hand - right now. Plenty of homes are available at affordable prices. Interest rates remain low.

And to sweeten the pot, there’s the U.S. tax credit – up to $8,000 for qualified first-time buyers whose income is within IRS-established limits. This is money that never has to be repaid, provided you live in the home for three years. Read more about it.

Mortgage Rates Fall for Third Consecutive Week

2009-07-17T09:43:00.000-05:00

Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.14 percent with an average 0.7 point for the week ending July 16, 2009, down from last week when it averaged 5.20 percent. Last year at this time, the 30-year FRM averaged 6.26 percent.
Full Story: http://realtytimes.com/rtpages/20090717_rates.htm

Freddie Mac Calls for Appropriate Comparables

2009-07-14T14:52:00.000-05:00

The secondary mortgage market company says in a bulletin that the appraiser's selection of comparable sales is crucial to providing an accurate opinion of value. Click here for complete story:

Investor Report: Residential Lots

2009-06-19T09:59:00.001-05:00

It might sound a little surprising, but in investment real estate, residential lots are hot, especially in markets that saw the highest peaks and the worst busts during the past three years.
Full Story: http://realtytimes.com/rtpages/20090619_investorreport.htm

Real Estate Outlook: Mortgage Rates and Inflation

2009-06-16T09:53:00.001-05:00

Most of the key economic indicators for real estate continue to be at least moderately positive - home sales are up, prices are stabilizing or up, unsold inventories are down, and even new unemployment filings are down slightly.
Full Story: http://realtytimes.com/rtpages/20090616_realestateoutlook.htm

Buying Condo Now More Difficult: Fully Research The Complex Before You Buy

2009-05-08T11:17:00.001-05:00

When the real estate bubble burst, so too, did the dreams of many speculators who were snatching up and flipping condos like hotcakes. Today, buying a condo can still be a great choice but getting financing for it could be a bit more challenging because some financial institutions are "blacklisting" some condo complexes due to high speculator ownership and dropping prices.
Full Story: http://realtytimes.com/rtpages/20090508_buycondo.htm

Pending home sales up 3.2 percent

2009-05-06T13:34:00.000-05:00

The National Association of Realtors says pending U.S. home sales rose from February to March as buyers took advantage of deeply discounted prices and low interest rates.

Full story

The World's 10 Best Places to Live, 2009 Edition

2009-05-06T13:23:00.000-05:00

In Mercer Consulting's annual Quality of Living Survey, Europe once again rules the roost. See which locales ranked highest and find out whether any U.S. cities made the cut... read more

Market Conditions

2009-03-30T15:12:00.002-05:00

The National Association of Realtors is reporting that existing home sales were up in February by 5.1 percent.

Click Here for Full Story:

Mortgage Rates Dip in Response to Fed's Decision to Buy Treasury Bonds and Mortgage Securities

2009-03-23T09:12:00.001-05:00

RISMEDIA, March 23, 2009—(MCT)—Mortgage rates are again dropping to near-record lows - below 5% - in the wake of the Federal Reserve's decision to buy up Treasury bonds and mortgage securities. Continued

Susan G. Komen Breast Cancer Fundraiser

2009-03-18T12:01:00.000-05:00

Indian Rock Ladies’ Golf Association along with Re/Max at the Lake
Have committed with great enthusiasm to support Rally for A Cure®
Women’s golf program and the Susan G. Komen Breast Cancer
Foundation during their event, June 22, 2009.

Your contribution to their Rally event will help raise much-needed
Dollars for the Komen Foundation.

The Susan G. Komen Breast Cancer Foundation was founded in
1982. The mission of the Komen Foundation is to eradicate
Breast cancer as a life-threatening disease. Since its inception,
The Komen Foundation has become a leading catalyst in the fight
Against breast cancer by raising more than $46 Million in support
Of breast cancer research, education, screening and treatment.
The Komen Foundation is a not-for-profit organization under
IRS Code 501 © (3).

Thank you in advance for your participation in the event.
Working together, we are making a difference.

Sincerely,

Bree L. Fera
Re/Max “Rally” team Leader

RE/MAX Wins Large Canadian Office Conversion

2009-03-16T09:44:00.000-05:00

RISMEDIA, March 16, 2009-RE/MAX International announces the largest Canadian office conversion it has absorbed in its 36-year history. The two top performing Keller Williams Results offices, located in suburban Vancouver, British Columbia, will now become known as RE/MAX Results and will continue to operate in their current locations.

View complete story at http://rismedia.com/2009-03-13/remax-wins-large-canadian-office-conversion/

RE/MAX at the Lake's new Blog

2009-03-10T10:50:00.000-05:00

Welcome to our new blog spot of information. Here you will find real estate information, upcoming events, words of wisdom, and links to our Real Estate Professionals websites and blogs.

We hope you will use and enjoy our site.