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May 2012 Houston and National Housing Market Trends

by Lorna Calder

In this video we will discuss why a consumer should always use a realtor when buying, selling or leasing a property.

Realtors subscribe to a strict code of ethics and are expected to maintain a higher level of knowledge of the buying process and selling real estate.  Real estate transactions involve one of the biggest financial investments most people experience in their lifetime.  Your realtor can help you determine how much you can afford to spend, and possibly more importantly, how much you should spend.

Your realtor can take that information and refer you to lenders who are best qualified to help you.  Your realtor has many resources to assist you in your home search.  Sometimes the property you are seeking is available, but not actively advertised in the market, and it will take some legwork by your realtor to find all available properties.

Your realtor can assist you in the selection process by providing objective information about each property.  Agents who are realtors have access to a variety of informational resources.  Realtors can provide local community information on utilities, zoning, schools, etc. 

Your realtor also provides insight during the evaluation of the property.  Depending on the area and property, this could include inspection for termites, asbestos, or roof condition just to name a few.  Your realtor can help you find a qualified responsible professional to do most of these investigations, and provide you written reports.

Your realtor can help you negotiate.  When selling your home your realtor can give you up to date information about what is happening in the marketplace.  This is a key to getting your property sold at the best price quickly and with minimum hassle.

 Your realtor acts as a marketing coordinator, distributing information about your property to other real estate agents through a multiple listing service or other cooperative marketing networks, open houses for agents, etc.  In many markets across the country, more than 50% of real estate sales are cooperative sells, meaning a real estate agent other than yours brings in the buyer.

 Your realtor can guide you through the closing process and make sure everything flows together smoothly.  The required paperwork alone is overwhelming for most sellers.  Your realtor is the best person to objectively help you solve these issues and move the transaction to closing.

So now you’ve learned why you should use a realtor when buying or selling real estate. 

And remember, that a realtor is always the best source of information for all your real estate needs.

If you have not reviewed my monthly Housing Trends Newsletter - you could be missing out. Everywhere I go, people are asking me about the housing market conditions - it's on everyone's mind. Staying abreast of local and national market conditions and factors that can affect the future sale or purchase of your home can make the decision process less daunting. I always tell my clients that in order to make the best decision they need to have all the information they can upfront. My Housing Trends Newsletter is just one of the tools in my arsenal to make sure you keep informed.

 

The May 2012 Local and National Housing Trends has just been released. This month's newsletter is packed full of local and national housing market statistics and news you need to know to stay current with today's changing housing market.

This month's housing trends issue features:

Buying Condo For College Student is Smart Investment

Amazing Restorations Become Dream Homes

Spring Cleaning 101

7 Gardening Mistakes to Avoid

Swimming Pools: Alternatives to Chlorine

You can view the newsletter here.

If you wish to receive FREE Housing Trends eNewsletter e-mailed to you monthly, click here to Subscribe.

If you are considering selling your house or buying a home and need more information, I am never too busy to help, please contact me for more information.

Give Success A Chance!!

by Lorna Calder

Monday Morning Coffee

 

INSPIRATION FOR TODAY:

 

"Half the failures in life arise from pulling in one's horse as he is leaping.""

 

-J.C. and A.W. Hare

 

 

 

GIVE SUCCESS A CHANCE!

 

Have you ever tried to accomplish something, but given up before your plan or actions have come to fruition? Maybe you're just trying to organize a huge stack of paperwork, or perhaps you're trying to build up your database of leads or increase your sales by a certain percentage within a certain amount of time.

 

Of course, you feel a degree of frustration if you don't achieve the results you were hoping for. Frustration points you in one of two directions: either you'll be defeated, or you'll be pushed to try even harder to succeed. The surest way to guarantee failure is to quit before you've given enough time or effort to get the job done.

 

Also consider by whose standards you are measuring your success. Are you trying to live up to someone else's unreasonable expectations or goals? Then it might be time to approach that boss or spouse or instructor and let them know that your progress is guaranteed, but perhaps not on the established schedule. Bill Cosby once said, "I don't know the key to success, but the key to failure is trying to please everybody."

 

Chances are that whatever goals you've set for yourself, you can achieve them, but setting reasonable goals in the first place will go a long way toward success. Maybe you should "pull in your horse" BEFORE he leaps if you feel he's not going to make it over the hurdle. Also remember that it's your effort to achieve that is ultimately the most important part of that success (kind of like the old adage about the journey vs. the destination). Don't forget the words of Lloyd Jones, who said, "The men who try to do something and fail are infinitely better than those who try to do nothing and succeed."

 

Success can be a relative term and depends upon the perspective of yourself and others. Do whatever you can to accomplish your goals or the goals that others set before you, but regardless of the outcome, you should ultimately be satisfied with the work you've done.

 

A League Of Your Own!

by Lorna Calder

Monday Morning Coffee

INSPIRATION FOR TODAY:

"The test of courage comes when we are in the minority."


~ Ralph W. Sockman
 

A LEAGUE OF YOUR OWN!

Have you sometimes felt like you were “out of your league” when reaching toward a lofty goal or competing against others for the “brass ring”? Imagine being a 5-foot-5-inch tall player in the National Basketball Association! Every time Earl Boykins of the Denver Nuggets walks onto the court, he hears jeers like, “Look at the little guy!” and, “Who decided to let the ball boy play?"

Although diminutive in size, Boykins always dreamed of playing in the NBA. Obviously, it took heaps of courage, determination and hard work to make that dream come true. In a year when many college players now recognized as “underachievers” were selected in the first and second rounds, Earl Boykins went undrafted.

But if you do not doubt yourself, you can either ignore the doubts of others or use their disbelief as a tool to motivate your achievement. When you set your goals a little bit higher than what you can reasonably accomplish, it’s surprising how far you can go.

Boykins started his professional career in Canada, and then began a series of short-term contracts with several NBA teams. While no one offered to keep him, he did not give up. In and out of season, he worked out, ran drills, and played every day. He explains, “There are no days off for me. I have to work longer and harder than everyone else to be successful.”

Then he set another goal and refused to waiver from it: He would only join a team that offered him a position as the top backup – setting a reasonable goal, but “kicking it up one notch.”

Now he plays for Denver, with his statistics and playing time on the rise. Another lesson from this? Be aware of the promise in others, recognize greatness in unexpected places, and seize the opportunity to nurture the success lying just below the surface.

You Can't Have it Both Ways!

by Lorna Calder

Monday Morning Coffee

INSPIRATION FOR TODAY:

"There is a law in psychology that if you form a picture in your mind of what you would like to be, and you keep and hold that picture there long enough, you will soon become exactly as you have been thinking."


- William James (1842-1910)
 

YOU CAN'T HAVE IT BOTH WAYS!

Walk into a totally dark room. What do you see? "Absolutely nothing," you say. Now, turn on the light. Where did the darkness go? Really - where is it now? Hopefully you will agree that darkness cannot exist in the face of light.

During a lifetime, we experience many types of "darkness." It may appear in the form of discouragement, fear, hopelessness, grief, ignorance, or poverty. Yet, in every case, there is a "light" in which such darkness cannot exist.

Fear, for example, cannot exist in the face of courage. Education denies ignorance any chance of survival. Grief disappears in the presence of peace-of-mind. Discouragement ceases when hope prevails. Wealth denies poverty its chance.

No matter what form darkness takes, it cannot exist when faced with its opposite. That also means we have the ability to send darkness on its way at any point in time. No matter how overwhelming the darkness appears, it is our thoughts and our minds that ultimately control the outcome. How powerful is that?

In the words of several favorite authors: "Think you can, think you can't, either way you're right." "Your life is what your thoughts make of it." "We are what we think about all day long." Finally, in the words of Tom Bodett, from one of his Motel 6 commercials: "We'll leave the light on for you!"

April 2012 Houston and National Housing Market Trends

by Lorna Calder

This month’s featured video discusses the difference between a townhome and a condominium.

They can look exactly alike! What differentiates a condo from a townhome is what property rights come to consumers who purchase them.  

A buyer of a condominium owns his or her individual unit structure, plus a percentage of the surrounding property, including land and any amenities on the property.  Condo owners are responsible for the space inside their own walls, which means they can paint them however they wish.  They don't enjoy that same privilege on the outside of their homes.  However, residents are members of a home owners association and pay a monthly fee to the association in exchange for the maintenance of the common property.

A buyer of a townhome purchases his or her individual unit and well as the ground underneath that unit.  Townhome property lines are generally more consistent with single family homes and common areas are usually still individually owned.  Townhome communities may also have owner associations which maintain certain external structures, security gates, trash service and other common items.  They may also have restrictions about exterior alterations to the property, parking and maintenance.  

Working with a knowledgeable realtor can help you decide if a condo or townhome is right for you.  Now you've learned something about the difference between a townhouse unit and a condominium unit!  

And remember, that a realtor is always the best source of information for all your real estate needs.

If you have not reviewed my monthly Housing Trends Newsletter - you could be missing out. Everywhere I go, people are asking me about the housing market conditions - it's on everyone's mind. Staying abreast of local and national market conditions and factors that can affect the future sale or purchase of your home can make the decision process less daunting. I always tell my clients that in order to make the best decision they need to have all the information they can upfront. My Housing Trends Newsletter is just one of the tools in my arsenal to make sure you keep informed.

 

The April 2012 Local and National Housing Trends has just been released. This month's newsletter is packed full of local and national housing market statistics and news you need to know to stay current with today's changing housing market.

This month's housing trends issue features:

Create an Outdoor Resort in Your Backyard

Have $18 Million Lying Around? Coral Gables has a Home for You

Tornado Storm Shelters: Safe Room Protection When it Counts

Are You Looking for Energy Savings in All the Wrong Places?

What to Consider Before Building a Pool

You can view the newsletter here.

If you wish to receive FREE Housing Trends eNewsletter e-mailed to you monthly, click here to Subscribe.

If you are considering selling your house or buying a home and need more information, I am never too busy to help, please contact me for more information.

Displaying blog entries 1-5 of 5

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