Recent Blog Posts

Community and Real Estate InformationIndustryWarsaw is known as the Orthopedic Capital of the World, and it is the administrative center of Kosciusko County, with a population of slightly more than 15,300 residents. Depuy, a major medical equipment manufacturer based in Warsaw, was founded in 1895, followed by Zimmer in 1927 and Biomet in 1977, all of which are still in business today. The medical device, implant, and instrument industries have a long and storied history in the town, which draws specialists from all over the country and the globe. However, Warsaw's medical device industry is only one of the city's many diverse and dynamic sectors. A number of other prominent employers in the area include Da-lite Industries, ABC Industries, Dalton Foundry, Warsaw Community Schools, Parkv... 10/20/2021

Conventional 30 year Mortgage: 3%Credit score:740LTV:75%Loan Amount:$300kAPR: 3.313%FHA 30 year: 2.875% Credit Score:740LTV:96.5%loan amount:$300kAPR: 3.75%Conventional 15 year: 2.25%Credit score:740LTV:75%Loan Amount:$300kAPR: 2.468%Rates are Subject to ChangeCall me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.   10/20/2021

What's happening in the housing market this week in the DMV Area? What's that thing with iBuyer that people are talking about recently? Should you buy/sell your home in the upcoming holiday season? We'll answer all of these questions in this week's real estate market report!Zillow's iBuyer Program Halted -- What's in it for us?This Monday, Zillow announced that they will be pausing the iBuyer Program due to backlogs, labor and supply shortage. They said that the said program will be suspended until the end of the year to deal with all the backlogs. As a result of this suspension, the stocks for Zillow went down by 5% over the past 5 days. (Image by Mediamodifier from Pixabay)To give a quick idea, the iBuyer program is supposed to help buyers to flip properties fast and easy. What this d... 10/20/2021

When purchasing a home, the majority of buyers typically choose between three types of mortgage loans: Conventional, FHA, and VA. Conventional loans made up 82% of mortgages in the US according to an Ellie Mae report in August 2020. VA loans are only available to active or retired military members. They offer zero down loans provided that the applicants meet certain criteria. However, for a first-time home buyer, the FHA loan proves most popular for a variety of reasons.FHA Loan for Home BuyersYou are tired of renting. You want to become a homeowner. So, you save as much money as you can for your down payment and closing costs. Conventional loans require a higher down payment and credit score than FHA loans because they are not backed by a government agency. FHA loans on the other hand ... 10/20/2021

I don't feel great today: spent much of last week at an online conference - HAD AN AMAZING TIME. BUUUUTTT... I was waking up at 5:15AM. I don't do 5:15AM. Haven't done 5:15AM since my undergrad days, and I AIN'T gonna 'fess up to how long ago that was. And I was awful about my diet, to "cope." Sugar, sugar, more sugar, dairy, caffeine, in about that order, and then the fruits and veges to fill in the gaps. Righting myself this week, but ugh. So I'm taking an easy day today, catching up on filing, despite the fact that I have a bookkeeping crisis to solve. Better I do what I can than fail at what I can't. And I'm binge-watching a hoarding TV show on my phone, channeled through YouTube. Won't name the show. I'm staring at an ugly truth. I don't have the faintest idea how YouTube directs a... 10/20/2021

http://MikesDailyMarketReport.com:  Nothing on the Economic Calendar today, but the Fed Beige Book was released earlier today, which stated the following:*economy is growing at modest to moderate pace*low supply of workers across the country*it's being reported there is significantly elevated prices around the USSo, Inflation, lack of supplies and lack of workers are suppressing the economy from reaching it's full potential.  Many Investors are speaking out on the inflation not being transitory and being more permanent, especially as energy prices quickly escalate and get absorbed into consumers' costs.  Stocks are in Mixed Territory, as NASDAQ remains lone index in the Red.  They're being heavily influenced with the higher yields, as they continue to try and head north.  They're curren... 10/20/2021

So I love this upcoming new listing,  a brick rancher hitting the market in a couple of weeks. The sellers are not quite ready for going live in the MLS... but it is the third week in October, and past time to close the pool. What to do?You call your favorite photographer and ask for a favor.This morning, In less than a half-hour, I had pool photos, as seen above. The sellers can now professionally close the pool, take their time and concentrate on readying the house for a new listing. When we go live on the market, and someone asks about the condition of the inground pool, it is easy to show how recently they used the swimming pool, and I will have a photo ready to show.   This last quarter has always been my favorite time and season to list. The beautiful autumn, October, and November... 10/20/2021

The roof may have termites, the walls have fractured from severe weather, and the furniture replaced. People frequently remodel their houses as a method of expressing their affection for and enjoyment of their surroundings. Improving, redecorating, expanding, or renovating a home are all examples of renovations. One of the most appealing aspects of property ownership is the opportunity and independence to renovate as you see appropriate. You'll need a strong working strategy to complete a successful house remodeling. Knowing what you want to achieve is the first step in the home improvement process. You'll be able to complete the remaining stages once you've identified what you're attempting to accomplish. Returning an ancient house to its former splendor, avoiding the cost of relocatin... 10/20/2021

Carolina Bay is a planned community in Charleston, South Carolina's western suburbs.Carolina Bay is a large-scale residential development in Charlotte, North Carolina, with single-family and multi-family dwellings coexisting beautifully. The community is a great addition to Charleston's expanding need for suburban homes. Homebuyers seeking a starting home or a family-friendly neighborhood close to downtown Charleston will love the options available in this area. Whether you're buying or selling a home in the neighborhood, our team can assist you. Please don't hesitate to get in touch with us at any time. NEW COMMUNITY: It's hard to imagine a better place to call home than Carolina Bay's new master-planned neighborhood. In the early twenty-first century, construction on the subdivision b... 10/20/2021

It takes confidence and strategic planning to pitch yourself to a disgruntled and often jaded homeowner with an expired listing. A real estate agent who successfully transforms tired, old listings into hot homes online reaps incredible benefits.Take it from Keller Williams agent, Jeremy Katz, who took on a listing that sat on the market for 180 days: “I re-shot it with Virtuance . Within the first week, we received 6 offers, went under contract in one week, and sold for $40,000 over asking price.”Keller Williams agent Peter Winscott agrees with Katz’s technique of bringing in professional photography. After obtaining an expired listing that sat on the market for 83 days, Winscott knew the terrible pictures needed a major upgrade. “I knew all they needed was Virtuance,” he said. “We took... 10/20/2021

Thanks to the pandemic, buying a house on or near a golf course could be a win both for golfers and non-golfers. Living next to a golf course gives you a good view of a scenic landscape. This is very relaxing, especially these days when everyone is working from home. Aside from the good view, though, does a golf course increase your property's value?A golf course adds value to your Charlottesville, VA home by providing an area where you can enjoy the outdoors and practice social distancing. It also increases your property value! Today, I will discuss the factors to consider before investing in a home on or near a golf course: Do golf courses increase property value? Is golf course property a good investment?Should I buy a house next to a golf course? The number of people interested in o... 10/20/2021

Definitely an art and a great post about continued learning and improvement. “Patience is power; with time and patience, the mulberry leaf becomes silk.” – Chinese Proverb For many entrepreneurs, you have reached success despite countless obstacles. How many times do you get knocked down, and you get back up? And keep going. There will be many reasons along the way to quit, good or bad. But you refuse to give up because you started your entrepreneurial journey with that “fire in the belly” called Passion.  And the Perseverance instilled deep in your DNA.  You have kept things going.  What if Passion and Perseverance are not enough?  It may be that what you need is the third leg, Patience. If you’ve heard it once, you’ve heard it a thousand times.  “Patience is a Virtue.”  Yes, it is. Bu... 10/20/2021

Location: 9900 S Thomas Dr, Panama City Beach, Florida 32408With around 230 spectacular condominium units, Shores of Panama is a gorgeous family vacation spot, boasting several attractions and top-class amenities.  Most of the people looking to buy a condo at the Shores of Panama are doing so for investment purposes.  The most common situation is a 1st-time investor that is looking to use the condo a few weeks out of the year and rent it out the remainder as a vacation rental property.About the BuildingIt was built only in 2010, making it one of the most modern vacation rental spots in the city. The resort has several large-scale attractions, including pools, restaurants, and bars.  You can find 1, 2, and 3 bedroom condo units at the shores of Panama for sale at any given time.  Every u... 10/20/2021

Chesterbrook Woods is a desired subdivision for its proximity to Arlington and DC as well as the character of its tree lined streets.  Within Chesterbrook Woods are the Manors at Chain Bridge, which consist of colonials that were built in the late 1980s. Many of the homes are situated on at least .4 acres or more and feature spacious backyards that back to trees.  Hiking trails leading to the Chain Bridge are nearby as well.The subdivision is near several main roads, including Glebe Road which leads to the Chain Bridge into NW DC, Old Dominion Drive into Arlington, or the GW Parkway to DC or the Capital Beltway.  Reagan National Airport is no more than 20 minutes away and Dulles airport is about 25 minutes away.  You can also enjoy spending time outdoors by meandering through Arlington ... 10/20/2021

How long to sell Phoenix horse property? October 2021 The answer to the question is that the length of time to sell horse property Phoenix Az varies.  Yet, we can look at some information which can give you a general idea, based on other horse property in the Phoenix area. Information is gathered from the MLS (multiple listing service) on ALL properties that are currently on market, under contract or recently sold that are horse property.  This will include all areas within our MLS boundaries, and again, all property types (mobile home, single family,etc) What is the average time on market for horse property this time?99      days is the current average2723 plus days is the longest time on market What is the average time on market for horse property homes currently under contract?48    ... 10/20/2021

Places to retire.This is a perfect time to think about the future. The Holiday Season and the end of the year are quickly approaching. We often think about both the past and future when each year changes. U.S. News & World Report is out with their annual best places to retire addition (for 2022). Florida is well represented with eight of the top 10 spots. The reasons (aside from great weather) are lower housing costs, zero state taxes, positive relationships with police and sheriff departments and lower infringement on personal freedoms. This year Melbourne, FL moved up to number Four on the list of great retirement destinations.Some of the reasons Melbourne (and the Space Coast in general) rates so high: Low density traffic patterns (people here complain about being caught in traffic f... 10/20/2021

 Let's face it, we have become complacent with today's LOW rates.  In reality interest rates have been climbing slightly this year and most likely will continue to do so.The wildcard is of course COVID.  This has causes some artificial and unpredictable moves in the credit markets.  In reality- all the economic data is screaming for higher interest rates.Up first we have Inflation- on the consumer level we have the CPI. Year over year CPI is up 5.4%. If you look at the core, which takes out food and energy prices, we are still looking at the price of consumer goods up 4% for the year. Rents were up 1/2% in September alone and are up 2.4% nationally for the year.Another big concern is wholesale inflation, PPI.  That is up 8.6% in the past 12 months which is a new record high.  When you t... 10/20/2021

How long to sell a Laveen horse property? October 2021 The answer to the question is that the length of time to sell a Laveen horse property varies.  Yet, we can look at some information which can give you a general idea, based on other homes in the Laveen area.  Information is gathered from the MLS (multiple listing service) on ALL properties that are currently on market, under contract or recently sold. This will include all property types such as single family, mobile or even modular homes. What is the average time on market for Laveen horse at this time?1        days is the current average1        plus days is the longest time on market What is the average time on market for Laveen horse property currently under contract?16      days is current average for time to get home under con... 10/20/2021

How long to sell a home in Rogers Ranch Laveen? October 2021 The answer to the question is that the length of time to sell a Rogers Ranch home in Laveen Az varies.  Yet, we can look at some information which can give you a general idea, based on other homes in the Laveen area.  Information is gathered from the MLS (multiple listing service) on ALL properties that are currently on market, under contract or recently sold.   What is the average time on market for Rogers Ranch homes at this time?22       days is the current average54       plus days is the longest time on market What is the average time on market for Rogers Ranch homes currently under contract?13       days is current average for time to get home under contract28       is current longest time for home What is the average ti... 10/20/2021

How long to sell a Luxury Home in Phoenix Az? October 2021The answer to the question is that the length of time to sell a luxury home in Phoenix Az varies.  Yet, we can look at some information which can give you a general idea, based on other homes in the Phoenix area. Information is gathered from the MLS (multiple listing service) on ALL properties that are currently on market, under contract or recently sold that are priced over $1,000,000.  This will include all areas within our MLS boundaries, and again, all property types. What is the average time on market for luxury homes at this time?102              days is the current average2723           days is the longest time on market What is the average time on market for luxury homes currently under contract?68                days is ... 10/20/2021