More than just real estate

Open Houses: Do they work?

Desty Lorino is a real estate agent with over 20 years as a licensed professional. Desty is with the Coldwell Banker Residential Brokerage’s North Shore office, located in Glendale, and prides his success on a high level of service and market knowledge. Today, he shares with Metro Milwaukee Living why an Open House is not just an old fashioned marketing tool.

When buyers first list their home with me, some are skeptical about using an Open House as a way of marketing their property. “Does this really help,” they ask, “or are all my nosey neighbors stopping by?”

Yes, you may have a neighbor or two pop in. And just that one or two people popping in can lead to what you really want: the sale of your home. (more…)

Home Sales Rise on Home Buyer Tax Credit and Favorable Market Conditions

Home sales have been above year-ago levels for nine straight months, according to a recent report by the National Association of Realtors®. Much of this ongoing increase in sales can be attributed to the home buyer tax credit and generally favorable market conditions over the past few months. Because of the favorable affordability conditions, even after the home buyer tax credit expires on Friday, a surge in home sales is expected this spring from buyers across the board.

Home values are stabilizing, creating consumer confidence in the housing market. Even when the home tax credit expires, the historically-low interest rates and affordable prices have enticed home buyers in all regions of the country.  

To read more about the home sales’ upswing, and the success of the home buyers tax credit, click “more.” (more…)

Singles in Suburbia

Perched high above the city in a stylish, sleek condo, sits a 20-something young professional, sipping a martini in the hour after work and before he meets up with friends at the hip lounge just down the block. This is how many of us imagine the young, single homeowner, living in a multi-story condo building right smack in the middle of the urban epicenter.

However, according to a recent online survey conducted by Coldwell Banker Real Estate, the majority of the single homeowners surveyed have chosen living in the suburbs over the city.

Read more to see why singles are tending to choose suburbia over downtown living. (more…)

Home trends in 2010

There’s no ignoring the fact that the state of the economy in the last couple of years has changed the way Americans not only spend their money, but how they live their lives. People are cutting back on entertainment, dining out and spending large amounts on luxury items. Everything’s been scaled down, and that trend also extends to the housing industry.

Read on to learn more about 2010’s leading home trends. (more…)

Act Now! Only 2 Weeks to Benefit from the Tax Credit

If you’ve been putting off buying a new home, you better act quickly. There are officially only two weeks until you must have a biding contract on a new home to benefit from the homebuyers tax credit.

Judy Hearst, regional vice president of Coldwell Banker Residential Brokerage, urges potential homebuyers to act now. “There’s never been a better time to buy,” Hearst says. “Buyers shouldn’t wait for another opportunity – this tax credit may not be extended again.”

We’ve covered the extended and expanded tax credit extensively over the past few months, but cannot emphasize more what a great opportunity those who wait might be missing out on. If you need more information on the tax credit, click here, or speak with a knowledgeable Realtor about how you can act fast and be on your way to owning the home of your dreams.

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