Real Estate Terminology: Ratio

In the vocabulary of real estate, various ratios help buyers and mortgage services determine the viability of a purchase. A ratio is a way of expressing the relationship between two values or amounts. Usually, ratios compare how much of one thing there is to another such as a 20 to one student-to-teacher ratio. Expressed as […]

Read More Real Estate Terminology: Ratio
April 26, 2014

Mortgage Options for Your Home

You are not alone if you are considering refinancing your home? Mortgage Interest rates are at historic lows. According to the Freddie Mac Quarterly Refinance Report, many homeowners throughout the United States lowered monthly mortgage payments, shortened the length of their loans, and utilized fixed mortgage rates in the second quarter of 2013. Historically low […]

Read More Mortgage Options for Your Home
April 22, 2014

Mortgage Rates and Housing Prices

Even though 30-year fixed rates dropped in the first half of January, many analysts expect fixed mortgage rates to go up somewhat in 2014, but to top out at around 5%. What this means for buyers is that while higher than 2013’s historic lows, the rates will remain favorable and predictable for homebuyers. What is […]

Read More Mortgage Rates and Housing Prices
April 21, 2014

Clearly Seeing Windows in Your Home

Updating the windows in your home can be a big investment. However, it can be a great way to improve your energy efficiency, especially as cold weather approaches. Here are a few things to consider as you weigh updating the windows in your home. If your home is older and you have wooden windows, you […]

Read More Clearly Seeing Windows in Your Home
April 20, 2014

FHA Changes Make it Easier To Buy

If you have recently lost your home in a foreclosure, short sale, or bankruptcy, and are looking for a second chance at purchasing a new home, you’ll be excited about this news. Last month the Federal Housing Administration (FHA), recently announced a rule change that will allow many potential borrowers to purchase a new home […]

Read More FHA Changes Make it Easier To Buy
April 20, 2014

Tags:

Mortgage Rates Expected to Rise

Even though 30-year fixed mortgage rates dropped in the first half of January, many analysts expect fixed mortgage rates to go up somewhat in 2014, but to top out at around 5%. What this means for buyers is that while higher than 2013’s historic lows, the mortgage rates will remain favorable and predictable for home […]

Read More Mortgage Rates Expected to Rise
April 16, 2014

Buffalo Waterfront Rivermist Condos – Market Report

Downtown Waterfront Living There is a lot of interest in living in the Downtown Buffalo area, especially the Buffalo Waterfront!  The waterfront village consists of over 200 housing units and the development of the Waterfront village began in the 1970’s and was part of the Downtown Urban Renewal Plan. The Waterfront Village consists of the […]

Read More Buffalo Waterfront Rivermist Condos – Market Report
April 13, 2014

Buffalo Waterfront – Portside – Market Report

Market Report - Condos for Sale in Buffalo NY

Current Market Report: Buffalo Waterfront – Portside April 5, 2014 There are no active, no pending/under contract sales with no closed sales YTD In 2013 there were 2 closed sales with an average sold price of $387,500 spending an average of 57 days on the market There was one closed sales for 2012 for $347,000 […]

Read More Buffalo Waterfront – Portside – Market Report
April 10, 2014

Blog Subscription Benefits

At the bottom of every post I invite you to subscribe to my blog. This morning I got a phone call from a Western New York reader that made me smile. What is all this subscription stuff all about? The caller did not understand RSS feeds and how it could benefit them. I explained the basics, and […]

Read More Blog Subscription Benefits
April 3, 2014

Craigslist Scam Alert!

Craigslist Scam Alert! Every once in awhile, there seems to be a rash of Craigslist ads that are scams.   They seem legitimate ads but they also seem too good to be true.   $600 a month for a 3 bedroom single family home in North Buffalo, you would jump on that quickly!    Just think, I have […]

Read More Craigslist Scam Alert!
April 1, 2014

Tags: