Kernersville Real Estate WorkHorse Blog

Reading contracts should be a must no matter how long one has been a Realtor. So often the only focus is price and closing date. Reading the entire contract at least once during negotiations helps in allowing time to digest and not over react. It does not help to get caught in all the little deta...

Reports are that the foreclosures numbers are declining,but still at high levels. Arms will be resetting for some time. Jobs and the broader economy is juct cripping along. Transfers are few.   This all points a new normal. At some point there will an new equilibrium and there will be exceptal ab...

The tax credit extension is good. Make no mistake. Loans that are in the pipeline will be able to close. The spin becomes that Washington has done something. Now most first time home buyers that are and were going to buy have done so or wil have. Following good sound disipline these buyers will l...

Mortgage rates are still hanging in there. There has a lot of talk about the rates rising in 2010. It is the general consensus that as inflation pressure appear there will be rate hikes. With mortgage rates tied to treasuries and MBS, there will also be pressure to give investor incentives to get...

Mergers and acquisitions were fairly common in the last decade. Virtual Mergers and consolidation can be a great start for the next few years. With the growth of blogging and the unintended consequence of many viewers tuning out from the overload of hype. Blogging is a great resource with a wealt...

Should we say good ridens to this decade or be grateful for the lessons learned. The answer may be somewhere in the middle. Certainly the crash of the last 15 months is not something we want to to be happy about. Many families have endured hardships and are struggling. As we look back in the futu...

2010 will be the year of paying attention to inventories. This will be across the board of all sectors of the economy. Housing will be important but not in the forefront as it was in 09. Manufacturing is running very tight and holding inventories low. Housing is becoming more regional and followi...

No big surprises for Realtors. (maybe Wallstreet) The existing homes sales that had come out earlier was encouraging as buyers rushed for what they thought was the tax credit deadline. I had read that about 50% were first time buyers. New home sales were down which does not surprises many Realtor...

Somerset Crossing, Kernersville, NC is typical of the broader economy. SLOW ! For 2009 there has been 1 sale, there are 2 Active listings, 3 Expired and 2 Withdrawn listings according to the MLS tracking. The great news is that this neighbor seems to be weathering the storm with respect to home v...

 This is the best time of year to back up data and de-clutter files on your computer. Portable thumb drive devises are the best thing since chocolate for storing data. The more you back up the better you become at both organizing and retrieving data. With software like Top-producer everything has...