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Steps to Savvy Home Ownership | Dottie Herman Speaks to Author Eric Tyson

Steps to Savvy Home Ownership   Purchasing a home is a huge investment.  Expert Dottie Herman, CEO and President of Elliman , recently quipped that it is a process with two hurdles.  “Getting the money to buy is hurdle one, and paying is hurdle two,” she stated.  She and real estate author Eric Tyson offer prospective and current homeowners salient advice to help them avoid some of the other hurdles of home acquisition and ownership.    Be Wary of Solicitors It may be easy to accept offers that arrive from people with whom a person already does business, but individuals should carefully consider such offers and research competitors to ensure that it is appropriate for the homeowner’s needs.   Trust a Financial Expert Families should hire an professional advisor to provide guidance in evaluating options for investments, savings plans, and home purchases.   Carefully Select Your Real Estate Team In addition...

Nationally Home Prices Flat According to NAR Report | Chappaqua NY Real Estate

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Third Quarter Metro Area Home Prices Hold During Post-Credit Sales Decline Washington, DC, November 11, 2010 Fully half of metropolitan areas tracked in the third quarter continued to show modest home price increases from a year ago, despite a sharp decline in home sales after the deadline for the home buyer tax credit, according to the latest survey by the National Association of REALTORS®. In the third quarter, 77 out of 155 metropolitan statistical areas1 (MSAs) had higher median existing single-family home prices in comparison with the third quarter of 2009, including 11 with double-digit increases; two were unchanged and 76 metros showed price declines. In the third quarter of 2009 only 30 MSAs experienced annual price gains. The national median existing single-family price was little changed at $177,900 in the third quarter, down 0.2 percent from $178,200 in the third quarter of 2009. The median is where half sold for more and half sold for less. Distressed homes, typ...