Ann Motz
Ann Motz Realtors

892 Goodman Rd. East Ste. 4
Southaven, MS 38671

Phone: 901-461-6689
Email: [email protected]

Blog

5 Reasons Why Homeownership Is a Good Financial Investment

by Ann Motz in Blog,Houses,Open House. Tagged:

According to a recent report by Trulia, “buying is cheaper than renting in 100 of the largest metro areas by an average of 37.7%.” That may have some thinking about buying a home instead of signing another lease extension. But, does that make sense from a financial perspective? In the report, Ralph McLaughlin, Trulia’s Chief […]

Read more >>


Is Getting a Home Mortgage Still Too Difficult?

by Ann Motz in Blog,Houses,Open House. Tagged:

There is no doubt that mortgage credit availability is expanding, meaning it is easier to finance a home today than it was last year. However, the mortgage market is still much tighter than it was prior to the housing boom and bust experienced between 2003 – 2006. The Housing Financing Policy Center at the Urban […]

Read more >>


Mortgage Interest Rates Just Went Up… Should I Wait to Buy?

by Ann Motz in Blog,Houses,Open House. Tagged:

Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Along with Freddie Mac, Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors are all calling for mortgage rates to continue to rise over the next four quarters. This has caused some purchasers to lament the fact they may no longer be able to […]

Read more >>


5 Reasons to Hire a Real Estate Professional When Buying & Selling!

by Ann Motz in Blog,Houses,Open House. Tagged:

Whether you are buying or selling a home, it can be quite an adventurous journey; you need an experienced Real Estate Professional to lead you to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO. The 5 Reasons You NEED […]

Read more >>


Thinking of Selling? Don’t Overlook an Outdated Kitchen, Buyers Won’t

by Ann Motz in Blog,Houses,Open House. Tagged:

If you are planning on listing your home for sale, make sure that you don’t overlook the condition of your kitchen. A recent articleon realtor.com listed “7 Signs Your Kitchen Is Way Overdue for a Renovation,” in which they warned: “Dated kitchens—just like bathrooms—are a major barrier for resale. Buyers want modern amenities and styling, […]

Read more >>


Why Are Mortgage Interest Rates Increasing?

by Ann Motz in Blog,Houses,Open House. Tagged:

According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed rate mortgage interest rate jumped up to 3.94% last week. Interest rates had been hovering around 3.5% since June, and many are wondering why there has been such a significant increase so quickly. Why did rates go up? Whenever there is a presidential […]

Read more >>


Winter Is Coming… 5 Reasons to Sell Now!

by Ann Motz in Blog,Houses,Open House. Tagged:

People across the country are beginning to think about what their life will look like next year. It happens every fall; we ponder whether we should relocate to a different part of the country to find better year-round weather, or perhaps move across the state for better job opportunities. Homeowners in this situation must consider […]

Read more >>


From Empty Nest to Full House… Multigenerational Families Are Back!

by Ann Motz in Blog,Houses,Open House. Tagged:

Multigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to a recent Pew Research Center report, the number of multigenerational homes dropped to as low as 12% in 1980 but has shot back up to 19%, […]

Read more >>


You Can Never Have TMI about PMI

by Ann Motz in Blog,Houses,Open House. Tagged:

When it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase a home with a down payment below 20%, you can never have Too Much Information (TMI) about […]

Read more >>


A Lack of Listings Remains ‘Huge’ Challenge in the Market

by Ann Motz in Blog,Houses,Open House. Tagged:

The housing crisis is finally in the rearview mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures & short sales) are at their lowest mark in over 8 years. This has been, and will continue to be, a […]

Read more >>


Why Waiting Until After the Holidays to Sell Isn’t a Smart Decision

by Ann Motz in Blog,Houses,Open House. Tagged:

Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are six great reasons not to wait: Relocation buyers are […]

Read more >>


The Truth About Housing Affordability

by Ann Motz in Blog,Houses,Open House. Tagged:

From a purely economic perspective, this is one of the best times in American history to buy a home. Black Night Financial Servicesdiscusses this in their most recent Monthly Mortgage Monitor. Here are two of the report’s revelations: The average U.S. home value increased by $13,500 from last year, but low interest rates have kept […]

Read more >>


It’s Not Always Marriage Before Mortgage

by Ann Motz in Blog,Houses,Open House. Tagged:

There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think they are too young. And still, others might think their current […]

Read more >>


NAR Reports Show Now Is a Great Time to Sell!

by Ann Motz in Blog,Houses,Open House. Tagged:

We all realize that the best time to sell anything is when demand is high and the supply of that item is limited. The last two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that now continues to be a great time to sell your house. Let’s look at the data […]

Read more >>


The Difference an Hour Makes This Fall [INFOGRAPHIC]

by Ann Motz in Blog,Houses,Open House. Tagged:

Every Hour in the US Housing Market:  633 Homes Sell 253 Homes Regain Positive Equity Median Home Values Go Up $16.80

Read more >>


Think All Millennials Live in Their Parent’s Basement? Think Again!

by Ann Motz in Blog,Houses,Open House. Tagged:

According to the Census Bureau, millennials have overtaken baby boomers as the largest generation in U.S. History. Millennials, or America’s youth born between 1982-2000, now represent more than one quarter of the nation’s population, totaling 83.1 million. There has been a lot of talk about how, as a generation, millennials have ‘failed to launch’ into […]

Read more >>


How Long Do Families Stay in a Home?

by Ann Motz in Blog,Houses,Open House. Tagged:

The National Association of Realtors (NAR) keeps historic data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2008, that average […]

Read more >>


Taking the Fear out of the Mortgage Process

by Ann Motz in Blog,Houses,Open House. Tagged:

A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainty about the buying process. A specific cause for concern tends to be mortgage qualification. For many, the mortgage process can be scary, but it doesn’t have to be! In order to qualify in today’s market, you’ll […]

Read more >>


Buying a Home Can Be Scary… Know the Facts [INFOGRAPHIC]

by Ann Motz in Blog,Houses,Open House. Tagged:

Some Highlights: 36% of Americans think they need a 20% down payment to buy a home. 44% of Millennials who purchased a home this year have put down less than 10%. 71.8% of loan applications were approved last month. The average credit score of approved loans was 731 in September.

Read more >>


Percentage of Homeownership by Decade and by State

by Ann Motz in Blog,Houses,Open House. Tagged:

There has been a lot of talk about the falling homeownership rate in the United States. In December 2004, the homeownership rate reached an all-time high of 69.4%, while the current rate is 62.9%. When comparing these two figures, there is some room for concern regarding the difference. However, today we want to shine some […]

Read more >>


Buying is Now 37.7% Cheaper Than Renting in the US

by Ann Motz in Blog,Houses,Open House. Tagged:

The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers actually show that the range is an average of 17.4% less expensive in Honolulu (HI), all the […]

Read more >>


Sales of Distressed Properties Hit New Low

by Ann Motz in Blog,Houses,Open House. Tagged:

The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report revealing that distressed property sales accounted for 4% of sales in September. This is down from 7% in 2015, and is the lowest figure since NAR began tracking distressed sales in October 2008. Below is a graph that shows just how […]

Read more >>


7 Graphs That Show the Real Estate Market Is Back! [INFOGRAPHIC]

by Ann Motz in Blog,Houses,Open House. Tagged:

Some Highlights: Distressed property sales fell to its lowest number since NAR began tracking it in 2008. As you can see, with less distressed properties, sales are up in all price ranges except the $0 – $100K price range. Interest rates are still at historic lows, signifying that now is the right time to buy!

Read more >>


The ‘Great News’ About Rising Prices

by Ann Motz in Blog,Houses,Open House. Tagged:

Recently there has been a lot of talk about home prices and if they are accelerating too quickly. In some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers out looking for a home, which has caused prices to rise. The great news about rising prices, however, […]

Read more >>


Starting to Look for a Home? Know What You WANT vs. What You NEED

by Ann Motz in Blog,Houses,Open House. Tagged:

In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search. If you’ve been thinking about buying a home of your own for some time now, you’ve probably come up with a list of things that you’d […]

Read more >>


How Historically Low Interest Rates Increase Your Purchasing Power

by Ann Motz in Blog,Houses,Open House. Tagged:

According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.47%. Rates have remained at or below 3.5% each of the last 16 weeks, marking a historic low. The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, […]

Read more >>


Don’t Disqualify Yourself… Over Half of All Loans Approved Have a FICO Score Under 750

by Ann Motz in Blog,Houses,Open House. Tagged:

The results of countless studies have shown that potential home buyers, and even current homeowners, have an inflated view of what is really required to qualify for a mortgage in today’s market. One such study by the Wharton School of Business at the University of Pennsylvania, revealed that many Millennials have not yet considered purchasing a home, simply […]

Read more >>


Do You Know the Cost of Renting vs. Buying? [INFOGRAPHIC]

by Ann Motz in Blog,Houses,Open House. Tagged:

Some Highlights: Historically, the choice between renting or buying a home has been a close decision. Looking at the percentage of income needed to rent a median priced home today (30%) vs. the percentage needed to buy a median priced home (15%), the choice becomes obvious. Every market is different. Before you renew your lease […]

Read more >>


Appraisers & Homeowners Don’t See Eye-To-Eye on Values

by Ann Motz in Blog,Houses,Open House. Tagged:

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal. If prices are surging, it is difficult for […]

Read more >>


The Past, Present & Future of Home Prices

by Ann Motz in Blog,Houses,Open House. Tagged:

CoreLogic released their most current Home Price Index last week. In the report, they revealed home appreciation in three categories: percentage appreciation over the last year, over the last month and projected over the next twelve months. Here are state maps for each category:  The Past – home appreciation over the last 12 months The Present – home appreciation over the last […]

Read more >>


3 Questions to Ask Before Buying Your Dream Home

by Ann Motz in Blog,Houses,Open House. Tagged:

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate market. Ask yourself the following 3 questions to […]

Read more >>


Mortgage Rates by Decade Compared to Today [INFOGRAPHIC]

by Ann Motz in Blog,Houses,Open House. Tagged:

Some Highlights: The interest rate you secure for your mortgage greatly influences your monthly housing costs. In the 1980s, 30-year fixed mortgage rates averaged in the high 12s making the monthly principal and interest payment over $2,000. Interest rates are still at historic lows; this is a great time lock in your housing cost and […]

Read more >>


Why We Need More Newly Constructed Homes

by Ann Motz in Blog,Houses,Open House. Tagged:

The number of new home sales is far off historic norms. The National Association of Realtors (NAR) just reported that the percentage of all house sales that were newly constructed homes has fallen to the lowest numbers in forty years. Here is a graph showing the percentages: This should come as no surprise as the […]

Read more >>


Have You Put Aside Enough for Closing Costs?

by Ann Motz in Blog,Houses,Open House. Tagged:

There are many potential homebuyers, and even sellers, who believe that you need at least a 20% down payment in order to buy a home, or move on to their next home. Time after time, we have dispelled this myth by showing that there are many loan programs that allow you to put down as […]

Read more >>


Strong Buyer Demand Continues to Outpace Inventory of Homes for Sale

by Ann Motz in Blog,Houses,Open House. Tagged:

The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the […]

Read more >>


Think You Should FSBO? 5 Reasons to Think Again!

by Ann Motz in Blog,Houses,Open House. Tagged:

In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers. Here are the top […]

Read more >>


Lack of Existing Home Sales Inventory Impacting Sales

by Ann Motz in Blog,Houses,Open House. Tagged:

Some Highlights: Existing home inventory is down 10.1% from last year. A lack of inventory explains the modest increase in home sales (0.8% year-over-year) despite strong buyer demand. Existing home prices increased 5.1% year-over-year, which is directly related to the lack of inventory.

Read more >>


Home Sales Expected to Increase Nicely in 2017

by Ann Motz in Blog. Tagged:

The National Association of Realtors, The Mortgage Bankers’ Association, Freddie Mac and Fannie Mae are all projecting that home sales will increase in 2017. Here is a chart showing what each entity is projecting in sales for this year and the next. As we can see, each is projecting sizable increases in home sales next […]

Read more >>


Why We All Need a ‘Phil Dunphy’ on Our Side

by Ann Motz in Blog. Tagged:

Whether or not you’ve ever seen an episode of Modern Family, or know who Phil Dunphy’s character is, the concept of knowing that you have someone in your corner who is looking out for your best interests is something we all want. When it comes to buying a home, whether you are a rookie homebuyer […]

Read more >>


US Housing Market Moving Further into ‘Buy Territory’

by Ann Motz in Blog. Tagged:

According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment. The BH&J Index is a quarterly report that attempts to answer the question: In today’s housing market, is it […]

Read more >>


4 Reasons to Buy This Fall

by Ann Motz in Blog,Houses,Open House. Tagged:

It’s that time of year; the seasons are changing and with them come thoughts of the upcoming holidays, family get-togethers, and planning for a new year. Those who are on the fence about whether or not now is the right time to buy don’t have to look much further to find four great reasons to […]

Read more >>


Foreclosure Rate Drops to Pre-Crisis Levels [INFOGRAPHIC]

by Ann Motz in Blog,Houses,Open House. Tagged:

Some Highlights: Only 2.9% of homes are in serious delinquency, down 17.1% from July 2015. This is the 57th consecutive month with a year-over-year decline. The national foreclosure rate has returned to August 2007 levels, at only 0.9%.

Read more >>


5 Stats That Prove the Real Estate Market Is Getting Stronger

by Ann Motz in Blog. Tagged:

Whenever there is talk about an improving housing market, some begin to show concern that we may be headed toward another housing bubble that will be followed by a crash similar to the one we saw last decade. Here are five data points that show the housing market will continue to recover, and that a […]

Read more >>


Ready to Make an Offer? 4 Tips for Success

by Ann Motz in Blog,Houses,Open House. Tagged:

So you’ve been searching for that perfect house to call a ‘home’ and you finally found one! The price is right, and in such a competitive market you want to make sure you make a good offer so that you can guarantee your dream of making this house yours comes true! Freddie Mac covered “4 […]

Read more >>


76% Of US Homeowners Now Have at Least 20% Equity in Their Homes!

by Ann Motz in Blog,Houses,Open House. Tagged:

CoreLogic’s latest Equity Report revealed that 91.1% of all mortgaged properties are now in a positive equity situation, while 75.9% now have significant equity (defined as more than 20%)! The report also revealed that 548,000 households regained equity in the second quarter of 2016 and are no longer under water. Price Appreciation = Good News for Homeowners Frank […]

Read more >>


Don’t Underestimate the Importance of Using an Agent When Selling Your Home

by Ann Motz in Blog. Tagged:

When a homeowner decides to sell their house, they obviously want the best possible price with the least amount of hassles. However, for the vast majority of sellers, the most important result is to actually get the home sold. In order to accomplish all three goals, a seller should realize the importance of using a […]

Read more >>


50% of Houses sold in 36 Days or Less in July [INFOGRAPHIC]

by Ann Motz in Blog,Houses,Open House. Tagged:

Some Highlights: The National Association of REALTORS® surveyed their members for their Confidence Index The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. Homes sold in less […]

Read more >>


The Cost of NOT Owning Your Home

by Ann Motz in Blog. Tagged:

Owning a home has great financial benefits. Because of this, more and more experts are growing concerned about the ramifications of a falling homeownership rate. Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. The […]

Read more >>


Mortgage Standards Easing TOO MUCH? NO!!

by Ann Motz in Blog. Tagged:

However, if we look further back at the index we see quite a different story. Mortgage Credit Availability Today Compared to 2006 The graph below shows the index going back to 2004, and the first graph we showed you above is represented by the small, orange, triangular section all the way in the lower-right corner. […]

Read more >>


Why Getting Pre-Approved Should Be Your First Step

by Ann Motz in Blog,Houses,Open House. Tagged:

In many markets across the country, the amount of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved […]

Read more >>


Interest Rates Remain at Historic Lows… But for How Long?

by Ann Motz in Blog. Tagged:

The interest rate you pay on your home mortgage has a direct impact on your monthly payment; The higher the rate, the greater your payment will be. That is why it is important to look at where the experts believe rates are headed when deciding to buy now or wait until next year. The 30-year […]

Read more >>


Home Prices Up 5.61% Across The Country! [INFOGRAPHIC]

by Ann Motz in Blog. Tagged:

Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more! Vermont was the only one state where home […]

Read more >>


Is the Current Pace of Home Sales Sustainable?

by Ann Motz in Blog. Tagged:

There are some experts questioning whether the current pace of residential home sales is sustainable. Are too many people buying homes like in 2004-2006? Are we headed for another housing crisis? Actually, if we look closely at the numbers, we can see that we are looking at a very healthy real estate market. Why the […]

Read more >>


5 Reasons to Sell This Fall

by Ann Motz in Blog. Tagged:

School is back in session, the holidays are right around the corner, you might not think that now is the best time to sell your house. But with inventory below historic numbers and demand still strong, you could be missing out on a great opportunity for your family. Here are five reasons why you should consider […]

Read more >>


The Housing Market is Doing Just Fine

by Ann Motz in Blog,Houses,Open House. Tagged:

There are some that think that housing affordability is a challenge. Historically, that’s not true. Others think that home prices areapproaching bubble values. If we look back over the last sixteen years, that is also not the case. As a matter of fact, the numbers show that the U.S. residential real estate market is doing […]

Read more >>


Home Values: DEFINITELY NOT in Bubble Range!!

by Ann Motz in Blog. Tagged:

There are some industry pundits claiming that residential home values have risen too quickly and that current levels are on the verge of another housing bubble. It is easy to see how this thinking has taken form if we look at a graph of home prices from 2000 to today. The graph definitely looks like […]

Read more >>


Why Is There So Much Paperwork to Sign to Get a Mortgage?

by Ann Motz in Blog. Tagged:

We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know everything about us and requires three separate sources to validate each and every entry on the application form. Many buyers are being told by friends and […]

Read more >>


Don’t Get Caught in the Rental Trap!

by Ann Motz in Blog. Tagged:

There are many benefits to homeownership. One of the top ones is being able to protect yourself from rising rents and lock in your housing cost for the life of your mortgage. Don’t Become Trapped Jonathan Smoke, Chief Economist at realtor.com, reported on what he calls a “Rental Affordability Crisis.” He warns that, “Low rental […]

Read more >>


How Supply & Demand Impacts the Real Estate Market

by Ann Motz in Blog,Houses,Open House. Tagged:

Some Highlights: The Concept of Supply & Demand is a simple one. The best time to sell something is when supply of that item is low & demand for that item is high! Anything under a 6-month supply is a Seller’s Market! There has not been a 6-months inventory supply since August 2012! Buyer Demand […]

Read more >>


How Scary is the Housing Affordability Index?

by Ann Motz in Blog,Houses,Open House. Tagged:

Some industry pundits are saying that the housing market may be heading for a slowdown. One of the data points they use is the falling numbers of the Housing Affordability Index, as reported by the National Association of Realtors (NAR). Here is how NAR defines the index: “The Housing Affordability Index measures whether or not […]

Read more >>


Housing Market Slowing Down? Don’t Tell Builders!

by Ann Motz in Blog,Houses,Open House. Tagged:

Many experts have been calling upon home builders to ramp up construction to help with the lack of existing inventory for sale. For the past two months, new home sales have surged, with July’s total coming in at the highest since October 2007. The latest estimates from the US Census Bureau and Department of Housing […]

Read more >>


2 Myths About Mortgages That May Be Holding Back Buyers

by Ann Motz in Blog. Tagged:

Fannie Mae’s “What do consumers know about the Mortgage Qualification Criteria?” Study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Myth #1: “I Need a 20% Down Payment” Fannie Mae’s survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. […]

Read more >>


Whether You Rent or Buy, You’re Paying a Mortgage

by Ann Motz in Blog,Houses,Open House. Tagged:

There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage – either yours or your landlord’s. As The Joint Center for Housing Studies at Harvard University explains: […]

Read more >>


‘Old Millennials’ Are Diving Head-First into Homeownership [INFOGRAPHIC]

by Ann Motz in Blog,Houses,Open House. Tagged:

Some Highlights: ‘Old Millennials’ are defined as 25-36 year olds according to the US Census Bureau. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 31 years old. More and more ‘Old Millennials’ are realizing that homeownership is within their reach now!

Read more >>


4 Stats That PROVE This Is NOT 2005 All over Again

by Ann Motz in Blog,Houses,Open House. Tagged:

Recent research by the National Association of Realtors (NAR) examined certain red flags that caused the housing crisis in 2005, and then compared them to today’s real estate market. Today, we want to concentrate on four of those red flags. Price to Rent Ratio Price to Income Ratio Mortgage Transactions House Flipping All four categories […]

Read more >>


Real Life vs. Reality TV: 5 Myths Explained

by Ann Motz in Blog,Houses,Open House. Tagged:

Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV ‘show hole’*? We’ve all been there… watching entire seasons of “Love it or List it,” “Fixer Upper,” “House Hunters,” “Flip or Flop,” “Property Brothers,” and so many more, just in one sitting. When you’re in the […]

Read more >>


How Do Rising Prices Impact Your Home Equity?

by Ann Motz in Blog. Tagged:

Yesterday, we shared the results of the latest Home Price Expectation Survey by Pulsenomics. One of the big takeaways from the survey is that over the next five years, home prices will appreciate 3.5% per year on average, and cumulatively will grow by around 18%. So what does this mean for homeowners and their equity […]

Read more >>


Where Are Home Prices Headed Over the Next 5 Years?

by Ann Motz in Blog,Houses,Open House. Tagged:

  Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next five years. […]

Read more >>


What States Give You the Most ‘Bang for Your Buck’? [INFOGRAPHIC]

by Ann Motz in Blog,Houses,Open House. Tagged:

Some Highlights: Thinking of moving across the country? How far will your money take you? The majority of states in the Midwest and South offer a lower cost of living compared to Northeast and Western states. The ‘Biggest Bang for your Buck’ comes in Mississippi where, compared to the national average, you can actually purchase […]

Read more >>


Real Estate Values Today Compared to Pre-2008 Peak

by Ann Motz in Blog. Tagged:

Real Estate Values Today Compared to Pre-2008 Peak This housing market has many people talking about home values; where they are and where they are headed. It’s also interesting to look back and see how home prices compare to values prior to the housing crisis. Every quarter, Freddie Mac releases their House Price Index. The […]

Read more >>


Real Estate Values Today Compared to Pre-2008 Peak

by Ann Motz in Blog,Houses,Open House. Tagged:

This housing market has many people talking about home values; where they are and where they are headed. It’s also interesting to look back and see how home prices compare to values prior to the housing crisis. Every quarter, Freddie Mac releases their House Price Index. The index usually provides monthly home values for: the […]

Read more >>


Home Sales Up in Every Price Range over $100K!

by Ann Motz in Blog,Houses,Open House. Tagged:

The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure. Homes priced between $100-250K showed a modest increase at 3.4%. This not only points to the lower inventory of homes available for sale in this price range but also […]

Read more >>


Ann Motz Realtors………Buying Remains 36% Cheaper than Renting!

by Ann Motz in Blog,Houses,Open House. Tagged:

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers actually show that the range is an average of 5% less expensive in Orange County (CA) all the way up to […]

Read more >>


Do You Know the Impact Your Interest Rate Makes?

by Ann Motz in Blog. Tagged:

Some Highlights: Interest rates have come a long way in the last 30 years. The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford if you plan to stay within a certain budget. Interest rates are at their lowest in years… RIGHT NOW! If buying your […]

Read more >>


Thinking of Selling Your House? Pick the Right Agent!

by Ann Motz in Blog,Houses,Open House. Tagged:

Today, more and more sellers are stepping back, taking a look at the advice real estate professionals give them, and asking themselves whether they can trust that advice. And that is exactly what they should do. The most important question you can ask when you are choosing a real estate agent is whether you feel […]

Read more >>



What Does Home Mean to You?

by Ann Motz in Blog. Tagged:

No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain scent or a favorite chair, the emotional reasons why we choose to buy our own home are, more often than not, the more powerful or compelling ones. Every […]

Read more >>


The Top Reason to List Your House For Sale Now!

by Ann Motz in Blog. Tagged:

If you are debating listing your house for sale this year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes For Sale The National Association of REALTORS’ (NAR) Chief Economist, Lawrence Yun recently commented on the inventory shortage: “With demand holding firm and homes selling even faster than […]

Read more >>


House Hasn’t Sold Yet? Take Another Look at Your Price!

by Ann Motz in Blog,Houses. Tagged:

The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pacesince February 2007. Demand has remained strong throughout the summer as many real estate professionals are reportingbidding wars with listings actually selling above listing price. What about your house? If your house hasn’t sold, it […]

Read more >>


Americans Believe Real Estate is Best Long-Term Investment

by Ann Motz in Blog. Tagged:

Americans Believe Real Estate is Best Long-Term Investment According to Bankrate’s latest Financial Security Index Poll, Americans who have money to set aside for the next 10 years would rather invest in real estate than any other type of investment. Bankrate asked Americans to answer the following question: “Which would be the best way to […]

Read more >>


The Top Reason to List Your House For Sale Now!

by Ann Motz in Blog. Tagged:

The Top Reason to List Your House For Sale Now! If you are debating listing your house for sale this year, here is the #1 reason not to wait!  Buyer Demand Continues to Outpace the Supply of Homes For Sale The National Association of REALTORS’ (NAR) Chief Economist, Lawrence Yun recently commented on the inventory shortage: […]

Read more >>




Baby Boomers Are On the Move

by Ann Motz in Blog. Tagged:

According to a Merrill Lynch study, “an estimated 4.2 million retirees moved into a new home last year alone.” Two-thirds of retirees say that they are likely to move at least once during retirement. As one participant in the study stated: “In retirement, you have the chance to live anywhere you want. Or you can just stay […]

Read more >>


Rents Skyrocket at Highest Rate in almost a Decade

by Ann Motz in Blog. Tagged:

The Consumer Price Index (CPI) was released by the Labor Department last week. An analysis by Market Watch revealed the cost of rent was 3.8% higher than a year ago for the second straight month in June. That’s the strongest yearly price gain since 2007. This coincides with a report released earlier this month in […]

Read more >>


A Homeowner’s Net Worth is 45x Greater Than a Renter’s!

by Ann Motz in Blog. Tagged:

Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). In a Forbes article, the National Association of Realtors’ (NAR) Chief Economist Lawrence Yun predicts that in […]

Read more >>




3 Crucial Questions Most Home Buyers Don’t Know the Answer To…DO YOU?

by Ann Motz in Blog. Tagged:

Whether you are considering the purchase of your first home or trading up to the home your family frequently fantasizes about, there are three crucial questions you must know the answer to: What is the minimum down payment required to purchase a home? What is the minimum FICO score required to qualify for a mortgage? […]

Read more >>


Would You Qualify for a Mortgage Now?

by Ann Motz in Blog. Tagged:

The widespread myth that perfect credit and large down payments are necessary to buy a home are holding many potential home buyers on the sidelines. According to Ellie Mae’s latest Origination Report, the average FICO score for all closed loans in May was 724, far lower than the 750 or 800 that many buyers believe […]

Read more >>


Homeownership Builds Wealth & Offers Stability

by Ann Motz in Blog. Tagged:

The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are: They want the opportunity to build equity. They want a stable and safe environment. Building Equity John Taylor, CEO of the National Community Reinvestment Coalition, explains that those who lack […]

Read more >>


Is Now the Right Time to Put Your House on the Market …or Not?

by Ann Motz in Blog. Tagged:

Last week, the National Association of Realtors (NAR) released their Pending Home Sales Index, a forward-looking indicator of home sales based on contract signings. The report revealed that this May’s numbers weren’t quite as good as the year before: “With last month’s decline, the index reading is still the third highest in the past year, […]

Read more >>


2 Tips For Getting The Most Money When Selling Your House

by Ann Motz in Blog. Tagged:

Every homeowner wants to make sure they get the best price when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible. 1. Price it a LITTLE LOW This may seem counterintuitive. However, let’s look at this […]

Read more >>




3 Reasons to Buy Luxury Property THIS Year!!

by Ann Motz in Blog. Tagged:

For that reason, prices haven’t skyrocketed as they have in the lower and mid-tier markets. This, coupled with sensational mortgage rates, means that this may be the perfect time to purchase the luxury property you have always desired. Let’s break it down into the three major reasons to act now: 1. There are more homes […]

Read more >>


BREXIT: What’s the FIXIT for U.S. Home Buyers and Sellers?

by Ann Motz in Blog. Tagged:

Now that much of the dust has settled and the panic has waned, let’s take a look at what impact Britain’s exit from the European Union may have on the U.S. housing market. The most immediate impact of Brexit will be on mortgage interest rates. Interest rates have remained at historic lows for the last […]

Read more >>


Gap Between Homeowner’s & Appraiser’s Opinions Narrows Slightly

by Ann Motz in Blog. Tagged:

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. One major challenge in such a market is the bank appraisal. If prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that closed recently) to defend the price when […]

Read more >>





Do Homeowners Realize Their Equity Position Has Changed?

by Ann Motz in Blog. Tagged:

Yesterday, we reported that according to CoreLogic’s latest Equity Report, nearly 268,000 homeowners regained equity and are no longer underwater on their mortgage in the first quarter. Homes with negative equity have decreased by 21.5% year-over-year. A study by Fannie Mae suggests that many homeowners are not aware of how their equity position has changed […]

Read more >>


74% of Households in the US Now Have Significant Equity!

by Ann Motz in Blog. Tagged:

CoreLogic’s latest Equity Report revealed that 92% of all mortgaged properties are now in a positive equity situation, while 74% now actually have significant equity (defined as more than 20%)! The report also revealed that 268,000 households regained equity in the first quarter of 2016 and are no longer under water. Price Appreciation = Good […]

Read more >>



Foreclosure Rate Drops to New Post-Crisis Low

by Ann Motz in Blog. Tagged:

Some Highlights: According to CoreLogic, the national foreclosure rate dropped to 1.1% of all homes with a mortgage. This is the lowest percentage experienced since October 2007. April marked the 54th consecutive month of year-over-year declines in foreclosure inventory. Only 3% of homes in the United States are in serious delinquency. More and more homeowners […]

Read more >>


What’s Happening in the Real Estate Market?

by Ann Motz in Blog. Tagged:

This is a pretty common question that a potential home buyer or seller may be asking themselves. Leading economists in real estate converged in New Orleans this past week as they presented their answer to this question at the 50th Annual Real Estate Journalism Conference for the National Association of Real Estate Editors. Here are […]

Read more >>


Here Comes the Housing Inventory!!

by Ann Motz in Blog. Tagged:

Almost every real estate conversation revolves around the continuous rise in house values over the last four years. Some have even mentioned a concern about another possible bubble forming. However, the recent increase in prices can be attributed to a very simple principle: supply and demand. DEMAND Demand for single-family housing has continued to increase […]

Read more >>


US Housing Market Swings in Favor of Homeownership

by Ann Motz in Blog. Tagged:

According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, homeownership is a better way to produce greater wealth, on average, than renting. The results from the first quarter index showed that “16 of the 23 metropolitan markets investigated moved in the direction of buy territory.” The BH&J Index is a quarterly report that attempts […]

Read more >>


Harvard: 5 Reasons Why Owning A Home Makes Sense Financially

by Ann Motz in Blog. Tagged:

We have reported many times that the American Dream of homeownership is alive and well. The personal reasons to own a home differ for each buyer, but there are many basic similarities. Eric Belsky is the Managing Director of the Joint Center of Housing Studies (JCHS) at Harvard University. He authored a paper on homeownership titled – The Dream […]

Read more >>







June is National Homeownership Month!

by Ann Motz in Blog. Tagged:

Some Highlights: Paying rent is not a good investment, but owning is a great way to start building family wealth. Not only does homeownership allow you to provide your children with great education, but you can also decide whether or not your child grows up with a pet. Owning a home provides you with tax benefits […]

Read more >>


Wall Street Journal: Housing Recovery Picks Up Steam

by Ann Motz in Blog. Tagged:

Yesterday, we ran a post quoting major housing experts on the increasing strength of the U.S. housing market. We were pleasantly surprised that, on the same day, the Wall Street Journal decided to run a front page story titled, “Housing Recovery Picks Up Steam” (article available to WSJ subscribers). The first paragraph of the article […]

Read more >>


A Possible Housing Meltdown? These Experts Respectfully Disagree

by Ann Motz in Blog. Tagged:

We want to let you know that “rumors of a new market meltdown” are not based on any reputable data. As proof, we offer you the comments of the following experts who have a totally different view on the current housing market. Lawrence Yun, Chief Economist at NAR: “In spite of deficient supply levels, stock […]

Read more >>




Sell NOW Before Competition Hits the Market

by Ann Motz in Blog. Tagged:

In their current edition of the Home Price Expectation Survey released last week, Pulsenomics asked this question of the 100+ economists, real estate experts and investment & market strategists they surveyed: “In your opinion, what is the primary driver of recent home value growth in the U.S.?” Here are the top four reasons given by […]

Read more >>


Where Are Home Values Headed Over the Next 5 Years?

by Ann Motz in Blog. Tagged:

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where they believe prices are headed over the next five years. They […]

Read more >>


Renting vs. Buying: What Does it Really Cost?

by Ann Motz in Blog. Tagged:

Some Highlights: The percentage of income needed to afford a median priced home is almost half the percentage of income needed to afford median rent. Buying costs are significantly less than renting costs. The percentage of income needed to afford a median priced home is less than the historic norm. Use the buttons below to […]

Read more >>



The Presidential Election and Its Impact on Housing

by Ann Motz in Blog. Tagged:

Every four years people question what effect the Presidential election might have on the national housing market. Let’s take a look at what is currently taking place. The New York Times ran an article earlier this week where they explained: “A growing body of research shows that during presidential election years — particularly ones like […]

Read more >>


Are Foreclosures Increasing or Decreasing?

by Ann Motz in Blog. Tagged:

Recently, there has been a lot of talk about the size of the foreclosure inventory in the nation. There has been some speculation that distressed property inventories are about to skyrocket. Today, we want to reveal what is actually taking place in this segment of the housing market. CoreLogic, in their most recent National Foreclosure […]

Read more >>



Sales Up In Nearly Every Price Range

by Ann Motz in Blog. Tagged:

The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure. Only those homes priced under $100,000 showed a decline (-4.6%). The decline in this price range points to the lower inventory of distressed properties available for sale and […]

Read more >>



Where is Housing Headed for the Rest of 2016?

by Ann Motz in Blog. Tagged:

  With the overall economy just inching along, some experts are questioning whether the housing market can continue its momentum throughout the rest of the year. People are beginning to ask questions such as: Will disappointing economic news adversely impact housing? Is affordability a major concern in today’s real estate market? Are we approaching a […]

Read more >>





Americans Believe Real Estate is the Best Long-Term Investment

by Ann Motz in Blog. Tagged:

Some Highlights: Real estate outranks stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans. Real estate is ranked as the best long-term investment among all age groups. Millennials rank both real estate and savings/CDs at 26% when it comes to the best long-term investment.

Read more >>



Americans Rank Real Estate #1 Long Term Investment

by Ann Motz in Blog. Tagged:

The Gallup organization recently released a survey in which Americans were asked to rank what they considered to be the “best long term investment.” Real estate ranked number one, with 35% of those surveyed saying it was a better long term investment than stocks & mutual funds, gold, savings accounts or bonds. Here is the […]

Read more >>


Housing Inventory Disappearing

by Ann Motz in Blog. Tagged:

The price of any item is determined by the supply of that item, and the market demand. The National Association of Realtors (NAR)recently released their latest Existing Home Sales Report which gives insight into today’s market conditions. Inventory Levels & Demand Sales of existing homes rose 5.1% month-over-month in March and are 1.5% higher than […]

Read more >>


Billionaire: Buy a Home… And if You Can, Buy a Second Home!

by Ann Motz in Blog. Tagged:

Billionaire: Buy a Home… And if You Can, Buy a Second Home! Three years ago, John Paulson gave a keynote address at the CNBC/Institutional Investor Conference. In his speech, he told those in attendance that he believes housing will continue its strong recovery for the next 4 to 7 years, saying that: “The housing market […]

Read more >>



Investors: More Sales and Higher Prices

by Ann Motz in Blog. Tagged:

The National Association of Realtors recently released their 2016 Investment and Vacation Home Buyers Survey. The survey revealed many characteristics of both vacation home purchasers and investors. Two weeks ago, we posted on the vacation home market. Today, we want to concentrate on the investor real estate market. The survey revealed that investment-home sales in […]

Read more >>



One More Time… You Do Not Need 20% Down To Buy NOW

by Ann Motz in Blog. Tagged:

A survey by Ipsos found that the American public is still somewhat confused about what is actually necessary to qualify for a home mortgage loan in today’s housing market. The study pointed out two major misconceptions that we want to address today. 1. Down Payment The survey revealed that consumers overestimate the down payment funds needed to […]

Read more >>


Selling Your Home? Make Sure the Price Is Right!

by Ann Motz in Blog. Tagged:

In today’s market, where demand is outpacing supply in many regions of the country, pricing a house is one of the biggest challenges real estate professionals face. Sellers often want to price their home higher than recommended, and many agents go along with the idea to keep their clients happy. However, the best agents realize […]

Read more >>


New Home Buyers Look For Green Options

by Ann Motz in Blog. Tagged:

Some Highlights: 11% of new homebuyers stated “energy efficient features” as the reason for their purchase. The most popular remodeling projects done for energy efficiency were insulation upgrades, HVAC replacements, and vinyl & wood window installations. Research shows that word preference does make a difference when it comes to attracting “green buyers.”

Read more >>







Vacation Home Sales: Sales Down, Prices Up

by Ann Motz in Blog. Tagged:

The National Association of Realtors recently released their 2016 Investment and Vacation Home Buyers Survey. The survey revealed many characteristics of both vacation home purchasers and investors. Today, we want to concentrate on the vacation real estate market. The survey found that vacation-home sales last year declined to an estimated 920,000, down 18.5% from their […]

Read more >>


The Top Reasons Why Americans Buy Homes

by Ann Motz in Blog. Tagged:

Last week, the inaugural “Homebuyer Insights Report” was released by the Bank of America. The report revealed the reasons why consumers purchase homes and what their feelings are regarding homeownership. Consumer Lending Executive, D. Steve Boland, explained: “Homebuyers today are motivated by both emotional and practical reasons. Nearly all want more space, but a majority […]

Read more >>



You Can Save for a Down Payment Faster Than You Think

by Ann Motz in Blog. Tagged:

In a study conducted by Builder.com, researchers determined that nationwide, it would take “nearly eight years” for a first-time buyer to save enough for a down payment on their dream home. Depending on where you live, median rents, incomes and home prices all vary. By determining the percentage of income a renter spends on housing […]

Read more >>



Building Wealth: First Rung on the Ladder is Housing

by Ann Motz in Blog. Tagged:

How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is “an online resource for the most rigorous research and practical information on how a quality, stable, affordable home in a vibrant community contributes to individual and community success”. A recent story they published, The First Rung on […]

Read more >>


Real Estate: 2016 Will Be the Best Year in a Decade

by Ann Motz in Blog. Tagged:

A few weeks ago, Jonathan Smoke, the Chief Economist at realtor.com, exclaimed: “All indicators point to this spring being the busiest since 2006.” Now, Freddie Mac has doubled down on that claim and is saying that 2016 will be the best year that the real estate industry has seen in a decade. In their March […]

Read more >>


Rent or Buy: Either Way You’re Paying A Mortgage

by Ann Motz in Blog. Tagged:

There are some renters that have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage – either your mortgage or your landlord’s. As The Joint Center for Housing Studies at Harvard […]

Read more >>


Don’t Wait! Move Up To Your Dream Home Now!

by Ann Motz in Blog. Tagged:

Now that the housing market has stabilized, more and more homeowners are considering moving up to the home they have always dreamed of. Prices are still below those of a few years ago and interest rates have stayed near historic lows. Sellers should realize that waiting to make the move when mortgage rates are projected […]

Read more >>


Don’t Be Fooled… Homeownership Is A Great Investment!

by Ann Motz in Blog. Tagged:

Some Highlights: Harvard University’s Joint Center of Housing Studies recently released the top financial & emotional reasons to own a home. Owning is a good way to build up wealth that can be passed along to your family as it is usually a form of “forced savings.” Whether you rent or own, you are paying a mortgage. […]

Read more >>


2016 Home Sales Doing Just Fine!!

by Ann Motz in Blog. Tagged:

Some of the housing headlines are causing concern for some consumers who are in the process of either buying or selling a home. Pundits are concerned over the lack of new construction or the month-over-month sales numbers. Let’s set the record straight; 2015 was a good year for residential real estate in the United States […]

Read more >>


Past, Present & Future Home Values

by Ann Motz in Blog. Tagged:

In CoreLogic’s latest Home Price Index, they revealed home appreciation in three categories: percentage appreciation over the last year, over the last month, and projected appreciation over the next twelve months. Here are state maps for each category: The Past – home appreciation over the last 12 months The Present – home appreciation over the last month The Future – […]

Read more >>


Sales Contracts Hit Highest Level in Months

by Ann Motz in Blog. Tagged:

The National Association of Realtors (NAR) just announced that the February Pending Home Sales Index reached its highest reading since July 2015. What is the Pending Home Sales Index (PHSI)? NAR’s PHSI is “a forward-looking indicator based on contract signings”. The higher thePending Home Sales Index number, the more contracts have been signed by buyers […]

Read more >>


The Top 5 Reasons You Should Not For Sale By Owner

by Ann Motz in Blog. Tagged:

In today’s market, with homes selling quickly and prices rising, some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers. Here are five of those reasons: 1. […]

Read more >>


Home Sales Up Year-Over-Year

by Ann Motz in Blog. Tagged:

Some Highlights This is the 48th consecutive month with year-over-year price gains. Lawrence Yun, NAR’s Chief Economist says that, “The main issue continues to be a supply & affordability problem. Finding the right property at an affordable price is burdening many potential buyers.” Inventory is still below historic norms at a 4.4 month supply.

Read more >>


Further Proof This Isn’t a Housing Bubble

by Ann Motz in Blog. Tagged:

Two weeks ago, we posted a blog which explained that current increases in home prices were the result of the well-known concept of supply & demand and should not lead to conversations of a new housing bubble. Today, we want to look at home prices as compared to current incomes. Here is a graph showing […]

Read more >>


91.5% of Homes in the US have Positive Equity

by Ann Motz in Blog. Tagged:

CoreLogic’s latest Equity Report revealed that one million borrowers regained equity in their homes in 2015. The outlook for 2016 remains positive as well, as an additional 850,000 properties would regain equity if home prices rose another 5% this year.  The study also revealed: 95% of homes valued over $200,000 now have a positive equity […]

Read more >>


3 Charts That Scream ‘List Your Home Today’

by Ann Motz in Blog. Tagged:

In school we all learned the Theory of Supply and Demand. When the demand for an item is greater than the supply of that item, the price will surely rise. SUPPLY The National Association of Realtors (NAR) recently reported that the inventory of homes for sale stands at a 4.4-month supply. This is considerably lower […]

Read more >>


The Importance of Using an Agent To Sell Your House

by Ann Motz in Blog. Tagged:

When a homeowner decides to sell their house, they obviously want the best possible price with the least amount of hassles. However, for the vast majority of sellers, the most important result is to actually get the home sold. In order to accomplish all three goals, a seller should realize the importance of using a […]

Read more >>


The Mortgage Process: What You Need To Know

by Ann Motz in Blog. Tagged:

Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.

Read more >>


Lack of Inventory Challenging Many Housing Markets

by Ann Motz in Blog. Tagged:

Going into the 2016 spring market, the biggest challenge the real estate industry has is the lack of available housing inventory for sale. Here are a few experts and their thoughts on the subject: David Crowe, Chief Economist for the National Association of Home Builders: “Many sellers may not have an absolute decision as to […]

Read more >>



Gap Between Homeowner’s & Appraiser’s Opinions Widen

by Ann Motz in Blog. Tagged:

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. One major challenge in such a market is the bank appraisal. If prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that closed recently) to defend the […]

Read more >>


What If I Wait Until Next Year To Buy A Home?

by Ann Motz in Blog.

As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first-time or repeat buyer, you must not be concerned only about price but also about the ‘long term cost’ of the home. Let us explain. There are many factors […]

Read more >>


The Difference An Hour Makes This Spring

by Ann Motz in Blog. Tagged:

Some Highlights: Sunday, March 13th, we “Spring Forward” one hour for Daylight Savings Time (except for our friends in AZ). Every hour in the United States, 624 homes will sell and 118 homes will regain positive equity. The median home value will also increase each hour in the United States by $1.84.

Read more >>



Housing Market To “Spring Forward” This Year

by Ann Motz in Blog.

Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market. Many potential sellers believe that waiting until Spring is in their […]

Read more >>


Study Again Finds Homeownership to be a Better Way of Producing Wealth

by Ann Motz in Blog.

According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Indexhomeownership is a better way to produce greater wealth, on average, than renting. The BH&J Index is a quarterly report that attempts to answer the question: Is it better to rent or buy a home in today’s housing market? The index examines the […]

Read more >>


Put Your Housing Cost To Work For You!

by Ann Motz in Blog. Tagged:

There are many young people debating whether they should renew the lease on their apartment or sign a contract to purchase their first home. As we have said before, mortgage interest rates are still near historic lows and rents continue to rise. Housing Cost & Net Worth Whether you rent or buy, you have a […]

Read more >>


Home Prices Up 5.76% Across The Country!

by Ann Motz in Blog.

Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latestQuarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, waiting to move may end up costing you more!

Read more >>


Home Is Where The Heart Is

by Ann Motz in Blog. Tagged:

Yesterday, we discussed the reasons why homeownership makes sense, financially. Today we wanted to touch on the emotional or ‘real’ reasons that many Americans strive to become homeowners. The Joint Center for Housing Studies at Harvard University performs a study every year surveying participants for the reasons that American’s feel are most important in regards to homeownership. The top 4 […]

Read more >>


One More Time, Real Estate is a Great Investment

by Ann Motz in Blog. Tagged:

In a recent blog post on Marginal Revolution, economist Alex Tabarrok discussed homeownership as an investment. Here is what Mr. Tabarrok had to say: “Housing is overrated as a financial investment. First, it’s not good to have a significant share of your wealth locked into a single asset. Diversification is better and it’s easier to […]

Read more >>


14,986 Homes Sold Yesterday… Did Yours?

by Ann Motz in Blog. Tagged:

There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is… If it hasn’t sold yet, maybe it’s not priced properly. After all 14,986 houses sold yesterday, 14,986 will sell today and14,986 […]

Read more >>


How To Get The Most Money When Selling Your House

by Ann Motz in Blog. Tagged:

Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible. 1. Price it a LITTLE LOW This may seem counterintuitive. However, let’s look at this […]

Read more >>


Existing Home Sales Inch Up In January

by Ann Motz in Blog. Tagged:

Some Highlights: Existing Home Sales rose to an annual rate of 5.47 million, representing an 11% increase year-over-year. Inventory levels remain below the 6-month supply needed for a normal market at a 4.0-month supply. Lawrence Yun, NAR’s Chief Economist, warns: “The spring buying season is right around the corner and current supply levels aren’t even […]

Read more >>


Low Inventory Causes Home Prices to Accelerate

by Ann Motz in Blog. Tagged:

The National Association of Realtors (NAR) released their latest Quarterly Metro Home Price report earlier this month. The report revealed that home prices are not only continuing to rise but that the increases are accelerating. Lawrence Yun, Chief Economist at NAR, discussed the impact of low inventory on buyers in the report: “Without a significant […]

Read more >>


Mortgage Rates Again at Historic Lows

by Ann Motz in Blog. Tagged:

Just two weeks ago, we posted an article discussing where mortgage interest rates may be heading over the next twelve months. We quoted projections from Fannie Mae,Freddie Mac, the Mortgage Bankers’ Association and the National Association of Realtors. Each predicted that rates would begin to rise slowly and steadily throughout 2016. However, shaky economic news […]

Read more >>


Thinking of Buying A Home? What Are You Waiting For?

by Ann Motz in Blog.

With spring right around the corner, you may be wondering if you should wait to enter the housing market. Here are four great reasons to consider buying a home today instead of waiting. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.3% over the last 12 […]

Read more >>


Future Home Values: Where Do The Experts Think They Are Headed?

by Ann Motz in Blog.

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where they believe prices are headed over the next […]

Read more >>



Are the Kids Finally Moving Out?

by Ann Motz in Blog.

During the recession, many young adults graduating from college were forced to move back in with their parents. This caused new household formations to drop dramatically from the long term average of 1.2 million formations annually to half that number. However, this may be the year this turns back around. According to the Urban Land […]

Read more >>


Homeownership Finally Makes Political Debate

by Ann Motz in Blog. Tagged:

Finally, the issue of homeownership has become a platform talking point in this year’s presidential debate. Yesterday, one of the candidates running for President spoke out about the importance of homeownership in America. Hillary Clinton detailed a new economic agenda yesterday. In announcing her new agenda, she remarked: “Homeownership is about more than just owning […]

Read more >>


Homeowner’s Net Worth is 45x Greater Than a Renter’s

by Ann Motz in Blog. Tagged:

Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). In a Forbes article the National Association of Realtors’ (NAR) Chief EconomistLawrence Yun predicts […]

Read more >>



Final 2015 Housing Numbers Now In

by Ann Motz in Blog. Tagged:

Many have questioned the stability of certain sectors of the U.S. Economy, one section in particular is the housing market. Today we would like to share how the experts feel about how we ended 2015 and where they think we are headed in 2016. How did we do in 2015? The National Association of Realtors […]

Read more >>


Do You Know How Much Equity You Have In Your Home? You May Be Surprised!

by Ann Motz in Blog. Tagged:

CoreLogic’s latest Equity Report revealed that 256,000 properties regained equity in the third quarter of 2015. This is great news for the country, as 92% of all mortgaged properties are now in a positive equity situation. Price Appreciation = Good News For Homeowners Frank Nothaft, CoreLogic’s Chief Economist, explains: “Home price growth continued to lift […]

Read more >>


What You Don’t Need To Hear From Your Listing Agent

by Ann Motz in Blog. Tagged:

You’ve decided to sell your house. You begin to interview potential real estate agents to help you through the process. You need someone you trust enough to: Set the market value on possibly the largest asset your family owns (your home) Set the time schedule for the successful liquidation of that asset Set the fee […]

Read more >>


Homes Selling Quickly Across The Country

by Ann Motz in Blog. Tagged:

Homes Selling Quickly Across The Country   According to the National Association of Realtors’ (NAR) Existing Home Sales Report, homes were on market for an average of 58 days in December. This was slightly longer than the 54 days in November, but still better than the 66 days experienced in December 2014. 32% of homes […]

Read more >>


Appraising Town Appraisals: Adjustments are the True Art

by Ann Motz in Blog. Tagged:

Built into the way an area home changes ownership is the institution of the appraisal report—the document which attempts to place a dollar value on the property in question. That word “attempts” is the key when it comes to appraisals. Although it would make life easier if local appraisals consisted of completely objective, scientifically verifiable […]

Read more >>


You are the Ultimate Real Estate Agent Recruiter

by Ann Motz in Blog. Tagged:

A sizeable portion of the recruiting business has gone online, and a lot of small and medium-sized businesses are using them. We hear a lot of ads for them—promising job hunters an efficient way to distribute their resumes; promising business managers an efficient way to attract new talent. Busy town business managers are assured they’ll […]

Read more >>


“Just Take Leave of Your Senses (and Sign Here)”

by Ann Motz in Blog. Tagged:

Suppose you had done everything right: interviewed several area real estate agents and compared what they told you; prepped your property to near-perfection before the professional photographer’s arrival; confirmed all the descriptive details before they appeared in the area listings…yet six months later, the place still hadn’t sold. Your agent had done a reasonable job, […]

Read more >>


The Question: Is Now a Good Time to Sell Your Home?

by Ann Motz in Blog. Tagged:

“Is now a good time to sell?” A town home is never put up for sale on a whim. Although outside events can conspire to control the timing of that kind of major real estate venture, in most cases, the sale or purchase of a home happens on a timetable the local buyer or seller […]

Read more >>


Buying Your First Home: More Doable Than You Think!

by Ann Motz in Blog. Tagged:

For first home buyers who are of a certain age (for the moment let’s call that 40+ or so), the prospect of making such a prodigious commitment should be less intimidating than for the younger set. You have been around for long enough to have seen the ups and downs of the economic cycles; most […]

Read more >>


Mystery of The 184 Things Your Real Estate Agent Does

by Ann Motz in Blog. Tagged:

As its name clearly implies, The 184 Things a Real Estate Agent Does for You is an exhaustive list of the actions a local real estate agent is called upon to perform on behalf of a client. It is an authentic real estate Golden Oldie. Whenever someone wonders aloud what it is that area real […]

Read more >>


New Listings Aren’t the Only Game in Town

by Ann Motz in Blog. Tagged:

It’s probably inevitable (and may have something to do with the way our brains are wired) that when most people start looking for a home in the area, they’re automatically drawn to the new town listings first. Let’s face it: all things being equal, who wouldn’t choose a new car over a used one? That’s […]

Read more >>


Mortgage Interest Rates Fall Amid Economic Turmoil

by Ann Motz in Blog. Tagged:

By the end of last week, with world financial markets quavering and Wall Street chalking up the worst start for any year ever, you’d think that the area’s real estate outlook would be as worrisome as the rest of the economy’s. Not necessarily. For sure, there was enough to worry about. If world trade levels […]

Read more >>


Home Loan Budgeting Doesn’t Tell the Entire Story

by Ann Motz in Blog. Tagged:

When you first go shopping for a town home, loan budgeting—figuring out how much a comfortable monthly mortgage payment would be—pretty much dictates the price range you will be considering. Some listings do the lion’s share of the home loan budgeting work for you through a ‘payment options’ box that provides a thumbnail mortgage payment […]

Read more >>


Townhome, Condo Offerings Attract Downsizers

by Ann Motz in Blog. Tagged:

When an area couple begins thinking over the pros and cons of downsizing their family’s home base, one increasingly attractive possibility is a move into a local condominium or townhome (yes, they’re different—more on that later). Several factors combine to make that choice worth looking into. One is demographic: town homeowners approaching retirement age typically […]

Read more >>


Rent-to-Own Solutions Can Make Possible the Impossible

by Ann Motz in Blog. Tagged:

The term “rent-to-own” sounds like a contradiction for good reason. It’s often called upon to reconcile a buyer-seller situation that does not fit a standard mold. A town rent-to-own agreement can allow potential buyers to move into an area house before their finances are up to snuff (or at least that’s the call most lenders […]

Read more >>


A ‘Moving’ Experience—Area Sellers Can Save Stress (and $)!

by Ann Motz in Blog. Tagged:

When a local home seller tallies the total financial impact of selling the old and then buying the new home, in addition to the closing and brokerage costs, the expense of the move has to be reckoned, too. It may seem like an afterthought, but especially for larger homes and families, it’s a cost significant […]

Read more >>


Faint Green Light for First-Time Housing Market Entrants

by Ann Motz in Blog. Tagged:

You don’t need real estate statistics or government bureau reports to sense that first-time home ownership rates have been in the dumps for a while. Town housing figures have too few transactions month-by-month to draw many conclusions about sustained trends in home ownership here—yet it’s evident that for young adults everywhere, the glacial recovery in […]

Read more >>


Real Estate Investments Forgotten in Savings Survey

by Ann Motz in Blog. Tagged:

Along with all of last week’s New Year’s Day festivities came what you could call the New Year’s Frame of Mind: the familiar, this-time-of-year special consciousness of the passage of time. For most area residents, all the other seasons come and go with everyone too busy tending to everyday affairs to pay much attention to […]

Read more >>


Mortgage Holders Consider Wisdom of Early Payoffs

by Ann Motz in Blog. Tagged:

It’s usually around this time of year when the one in charge of keeping track of your town household’s finances either sits down to do some budget arithmetic, or (at a minimum) goes hunting for a new shoe box to hold the coming year’s tax receipts. Both activities are simply exercises in ascertaining what is […]

Read more >>


A Free Source for Thousands of Home Décor Ideas

by Ann Motz in Blog. Tagged:

Even if you don’t pride yourself on your artistic flair, you probably have developed fairly firm ideas about what makes some area homes come across better than others. Without even consciously thinking about it, you know as soon as you walk through a front door whether that immediate impression is strongly positive, just so-so, or […]

Read more >>


Foreclosure Listings are Bargains Worth Investigating

by Ann Motz in Blog. Tagged:

It is entirely possible to think of a residence that’s been the subject of a local foreclosure as the real estate equivalent of a cute, cuddly orphaned kitten or puppy—one that deserves to be adopted by a loving family. You can think of the bank as the temporary animal shelter. With a little tender care, […]

Read more >>


Listing Author Reviews Listing Language Critique

by Ann Motz in Blog. Tagged:

Anyone who creates listings can’t help but be drawn to critiques of real estate writing. There aren’t a whole lot of those to be drawn to, so when a respected national media titan like The Wall Street Journal comes up with an essay on real estate listing language, this is one town listing writer who […]

Read more >>


Bank Owned Homes Still Offer Rare Bargains

by Ann Motz in Blog. Tagged:

The return of a healthy local real estate market has meant that you don’t hear nearly as much about area bank owned homes. Back before the economic recovery had begun to take hold, the wave of foreclosures triggered a raft of local bank owned home auctions and sales. It created conditions which hadn’t been seen […]

Read more >>


Selling Your Home during the Holidays

by Ann Motz in Blog. Tagged:

Selling your town home during the holiday season may sound like a less than ideal game plan, but there are some advantages now present only at this time of year. It’s true that some extra effort may be called for, but it can be worth the endeavor: there are several factors that make showings at […]

Read more >>


Homing in On Local Rental Investment Opportunities

by Ann Motz in Blog. Tagged:

It’s a good thing that the human body is constructed the way it is, which is to make it difficult to do any real damage by kicking yourself. Particularly after many of us recall quite clearly how incredibly low local prices dived during the last decade’s real estate meltdown. When you see the bounce back […]

Read more >>


The Truest Town Listings are Right Here, Right Now!

by Ann Motz in Blog. Tagged:

Have you ever wondered about the way town listings appear on your screen when you search for houses for sale through one of the search engines? If you have already found a local Realtor’s® website (like this one!), it’s easy to search the local listings right from that site without bothering further. You’ll come up […]

Read more >>


Interest Rates Fall Ahead of End-of-Year Fed Decision

by Ann Motz in Blog. Tagged:

It’s really as simple as this: when town mortgage interest rates are low, good things happen in local real estate. And last week, when The Washington Post commented on the news coming out of Washington, it indicated exactly that. “Mortgage rates fall for the third week in a row” was the headline summarizing the latest […]

Read more >>


One Reason there is No New Real Estate Bubble

by Ann Motz in Blog. Tagged:

The possibility that a town real estate bubble might be forming again is a subject that draws everybody’s attention. For all of us who went through the subprime mortgage mess and drop-off in area real estate prices, the possibility that the current ongoing rebound might be evidence of another price bubble is a matter of […]

Read more >>



Why Today’s Mortgage Holders Should Breathe Easier

by Ann Motz in Blog. Tagged:

This past week, after a Thanksgiving feast wherein the average American is said to have enjoyed chowing down 2,000+ calories (equivalent to 3 Whoppers), the average American is said to have either trooped off to an early bird Black Friday sale mob scene or else (more likely) settled onto the couch to behold, in tryptophan-induced […]

Read more >>


Features Designed to Inspire Luxury Home Buyers

by Ann Motz in Blog. Tagged:

When it comes to selling town luxury homes, you really can’t pigeonhole who the ‘typical’ buyer is likely to be. The 9% of buyers that make up the pool of ‘affluent’ prospects are themselves pretty much profile-proof—and the dollar value that 9% represents fluctuates substantially from one end of the country to the other. On […]

Read more >>


Figuring the True Cost of Town ‘For Sale by Owner’ Signs

by Ann Motz in Blog. Tagged:

If you go down to any local hardware store, you’ll be able to find them. They are right there in the corner, somewhere on the rack that has all the ‘GARAGE SALE’ and ‘BEWARE OF DOG’ placards. They’re the ‘FOR SALE BY OWNER’ signs. They cost about $8.99 ($17.98 for two). Or, it is also […]

Read more >>


A Town Real Estate Agent’s Hybrid Kind of Relationship

by Ann Motz in Blog. Tagged:

The relationship between you and your town real estate agent is unlike most working relationships people establish—and understanding why the difference is important can be useful when you go to buy or sell a local property. For openers, working with a local real estate agent is a hybrid kind of situation. Although you do ‘hire’ […]

Read more >>


Ending the Debate about Entering the Local Listings in Winter

by Ann Motz in Blog. Tagged:

If you intend on listing your town home sometime soon, this is the time of year when you may well be uncertain about whether you should go ahead right now, or hold fire and wait. The question is whether winter is a reasonable time to enter the local listings when, after all, it’s common knowledge […]

Read more >>


Searching for a Local Home for Sale: What’s the Best Approach?

by Ann Motz in Blog. Tagged:

If you had to characterize the way future homeowners approach how they find their next home for sale, you’d likely say that they fall into a couple of major categories. Both approaches work: which is better is really about the way you tend to tackle any problem. But if I had to choose, there is […]

Read more >>


Residents Find Wider Retirement Community Choices

by Ann Motz in Blog. Tagged:

As area residents age, we grow wiser—at least we hope we will. If we take good care of ourselves, are lucky enough to have inherited good genes, and have some luck, too, we hope to be able to stay physically and mentally active long past many of the birthdays that used to mark old age—or […]

Read more >>


Remodeling Report Cites Differing Project Values

by Ann Motz in Blog. Tagged:

Local homeowners don’t have to be planning to sell before they set out on the remodeling track. Growing families can need more room; aging homes can require structural renovation to prevent larger problems from developing. And sometimes a creative brainstorm strikes, resulting in a design enhancement that brings an undeniable improvement to the living space. […]

Read more >>


Some Investment Property Basics are Just Too Basic

by Ann Motz in Blog. Tagged:

Being in real estate, it’s probable that town investment property popups hit my screen more often than yours. Nonetheless, I bet that every local web user knows the phenomenon: you’re trying to accomplish something on the internet, and these ads keep bouncing up, doing their best to distract you. It seems to take more time […]

Read more >>


Home Searches and One ‘Devilishly Hard’ Line Item

by Ann Motz in Blog. Tagged:

Once a local home search gets underway, even prospective buyers who hadn’t hardened up the prices they were aiming for begin to hone in on a target range. Even a cursory excursion into the area listings forces the issue. Anyone who is at all serious about finding a new home sees the correlation between the […]

Read more >>


Real Estate Listings are Designed for Simplicity

by Ann Motz in Blog. Tagged:

The first stop for anyone looking for a new home in town—or for anyone who is even mildly curious about what properties are currently available—is the local real estate listings. Like those you find here on my site, today’s online real estate listings are updated regularly all across the internet. It’s a coordinated system that […]

Read more >>


Food for Thought on Buying a Local Home Decision

by Ann Motz in Blog. Tagged:

Last week, Desoto county residents who keep their eyes on real estate trends got some fresh information about one factor that seeks to put numbers to the relative benefits of buying versus renting. When real estate values head south, buying may seem to be a particularly risky proposition…even though later it’s clear that the value proposition […]

Read more >>


Low Town Mortgage Rate Hike Just Around the Corner?

by Ann Motz in Blog. Tagged:

There’s a reason that local home loan providers sometimes choose to lead their ads with a ‘lock’ provision. They know that potential clients likely to be enticed by low town mortgage rate numbers are fairly sophisticated—they know that today’s mortgage rate is not necessarily tomorrow’s. By the time a home loan is finalized, the headlined […]

Read more >>


Lease Option Features Still Create Win-Win Outcomes

by Ann Motz in Blog. Tagged:

You usually can’t find as many town lease option opportunities being offered as you would have a few years ago. Because the more normal marketplace has given buyers more confidence and sellers more and better offers, some of the usual reasons that area lease options come about rarely develop. One of the appeals to renters […]

Read more >>


DIY Home Stagers Can Learn from the Pros

by Ann Motz in Blog. Tagged:

You might think that professional home stagers in town are intent on aiming for the kind of look that would draw oooohs and ahhhhhs if it were featured in Good Housekeeping or Better Homes and Gardens. In fact, you’d likely be more on-target if the magazine you thought of was actually RealSimple. In case you […]

Read more >>


Mortgage Holder Choice: LOC or Second Mortgage

by Ann Motz in Blog. Tagged:

It’s because the purchase of a home involves such a substantial sum that area homeowners are often thought of as being financially constrained. With years’ worth of income bound up in a mortgage, it’s the dominant figure in many a financial statement. But there is also another way to look at it—and it’s the way […]

Read more >>


For Owners of Local Homes for Sale, Food for Thought

by Ann Motz in Blog. Tagged:

There are many generalizations that can be truly instructive for homeowners with local homes for sale. The undeniable importance of “location, location, location!” is a good one; de-clutter! as a main order of business is another…as is the wisdom of researching neighborhood comparables. Anybody with homes for sale in town can usually visit the National […]

Read more >>


A Place Where Home Asking Prices “Have No Shame

by Ann Motz in Blog. Tagged:

I’ll admit it: the tease was irresistible. There was no good reason why I should take the time to read on, even though it was near the top of the Wall Street Journal’s Real Estate section. This was not likely to be the kind of relevant background information that would be useful in my daily […]

Read more >>


Selling a House in Town Can Take a little ‘Plastic Surgery’

by Ann Motz in Blog. Tagged:

Suppose you finally came to an important decision—that this fall is going to be the right time for selling your local house. If you had been biding your time, watching other area houses being listed and closed throughout the summer, you may also have been getting a head start on some major maintenance or remodeling […]

Read more >>


Real Estate Observers Greeted with Multiple Surges

by Ann Motz in Blog. Tagged:

If you are a town real estate observer, last week was the time of month when you typically look for the major data releases which detail how residential sales and prices performed in the previous month. Local observers weren’t disappointed: last Tuesday, the key National Association of Realtors® report came in right on schedule, with […]

Read more >>


Buy-a-Home vs. Rent-a-Home Choice has Great $ Impact

by Ann Motz in Blog. Tagged:

The answer to the question about whether any individual or family would be better off if they rent or buy a home can differ depending upon when the question is posed as well as the particulars of the available properties in either category. Even when the financial calculations make it clear that to buy a […]

Read more >>


Choosing a Local Agent with this ‘Must Have’ Quality

by Ann Motz in Blog. Tagged:

There is one overriding quality you must demand when you hire the local agent who will be your partner and representative. It’s a quality you and you alone are qualified to judge. And it should be the final determinant—the last factor you consider before you make your final agent choice. Now it’s true that in […]

Read more >>


Know the Emotional Element in Selling Your Home

by Ann Motz in Blog. Tagged:

When you read up on the dos and don’ts for selling your home, there is one piece of advice that’s universal when it comes to negotiating a successful deal: don’t let emotions get in the way. It does seem peculiar that something that is so obvious about any negotiation would have to be stated at […]

Read more >>


Reverse Mortgage Candidates Cautioned to Seek Advice

by Ann Motz in Blog. Tagged:

Whenever the words “reverse mortgage” are uttered, any town TV viewer immediately makes the connection with one of several celebrity spokesmen who blanket the airwaves with commercials touting the concept. If you listen carefully, those reverse mortgage ads do actually describe the product with legal accuracy. If you have the standard degree of sales resistence […]

Read more >>


Readers Benefit from Real Estate Information Best-Sellers

by Ann Motz in Blog. Tagged:

When it comes to understanding the factors that come into play when buying or selling a home—or any practical real estate information at all—local high school (or even college) graduates are on their own. If any real estate information has even been touched upon, it will have been in the most cursory manner: at best, […]

Read more >>


House Hunters’ Sunday Drives Still Yield Town Open Houses

by Ann Motz in Blog. Tagged:

More than one town home sale has resulted from a couple’s chance encounter with a local open house. It still happens that they just drop in on the spur of the moment. “Oh look! They’re having an open house down the street!” turns into curiosity, then interest, excitement—and ultimately, a life-altering change in where they […]

Read more >>


Rental Properties Stand to Benefit from U.S. Trend

by Ann Motz in Blog. Tagged:

The outlook for owners of area rental properties has been buoyant for some time, but last month a widely-publicized report added to the long range outlook. The study presented multiple scenarios in which demand is likely to outpace the supply of rental properties in the U.S., creating a market bound to reward their owners. Not […]

Read more >>


Real Estate Market News is Upbeat, Downbeat (and Sideways

by Ann Motz in Blog. Tagged:

At the beginning of any month, local onlookers can find batches of fresh reports about national real estate market activity. Take October, for instance. We’ve just learned a bunch about what happened across the country. September’s numbers won’t be collected and analyzed for a while, but the fresh real estate market data for August is […]

Read more >>


Financing Alternatives may Attract Local Mortgage Applicants

by Ann Motz in Blog. Tagged:

Whenever an unplanned and unwelcome financial situation develops, a town mortgage-holder can find himself or herself in the onerous position of being unable to keep up with the monthly home loan payments. If the unhappy situation continues long enough, the likely result is a foreclosure or short sale. In addition to losing the property, the […]

Read more >>


Homeowners in Town get the El Niño Heads-Up

by Ann Motz in Blog. Tagged:

With fall newly arrived, it’s a time of year when town homeowners can breathe a sigh of relief; relax and take it easy. With summer behind us, most gardens require less attention. The demands harsh winter weather will make are off in the distant future— or are they? This year it might be prudent for […]

Read more >>


In Autumn, Selling Your House in Town Takes Organization

by Ann Motz in Blog. Tagged:

It’s October­­­; a time of year that has a lot to recommend it. In many parts of the country, it’s the season when Mother Nature goes full throttle with the Technicolor. Sunsets can be outrageous. In some parts of the country, leaves can bid adieu with displays that put rainbows to shame. Fall weather turns […]

Read more >>


Local Listings Fare Best with Sparkling Vocabularies

by Ann Motz in Blog. Tagged:

If 90% of home buyers use the internet at some point in their search, the percentage who go to the town listings has to be close to the same ballpark. It’s hard to imagine anyone NOT wanting to take at least a peek at the current listings. Even if they have already settled on a […]

Read more >>


What on Earth is the Local “Fixer-upper Wow Factor”?

by Ann Motz in Blog. Tagged:

You know what the “wow factor” is for any town home that’s for sale—it’s the extra something that’s highly desirable and unique to the property. It could be a three-story entry hall, or a game room that’s large enough for a pool table and a conversation pit. It might be a home theater with four […]

Read more >>


Local Home Loan Game Theory—Not so Theoretical

by Ann Motz in Blog. Tagged:

“Town home loan game theory” sounded like an intriguing topic when the phrase first occurred to me. I thought it would mean figuring out whether a mortgage would constitute a financial move that made sense. But the more I studied “game theory,” the more complicated it got. And maybe not as theoretical as I’d thought… […]

Read more >>


Unraveling Some Local Real Estate Jargon

by Ann Motz in Blog. Tagged:

The town real estate listings consist of the lineup of local homes that are currently “on the market.” They’re for sale. Offered to buyers. Available for purchase. “On the market” is a straightforward real estate term; end of discussion. So, you’d think that “off the market” should be equally unequivocal, and it would be, if […]

Read more >>



Revisiting the ‘Pinch Me’ Moment for Area Home Values

by Ann Motz in Blog. Tagged:

Back at the beginning of 2012 there came a ‘pinch me, I must be dreaming’ moment. This was back in what seemed to be the Bad Old Days, when area homeowners who dared to check the latest in neighborhood home values were apt to spend a sleepless night as a result. Town home values had […]

Read more >>


Cost of Living Here in Desoto County is Downright Attractive

by Ann Motz in Blog. Tagged:

Being able to work within a realistic family budget has become an increasingly important part of modern living for many local residents. Our town’s cost of living may not have been exploding —but most people are keeping an eye on it anyway. The lingering effects of the last decade’s financial dislocations—combined with the slow-motion recovery […]

Read more >>


More than a Daydream: a Vacation Home can be Practical

by Ann Motz in Blog. Tagged:

In town real estate, there are happy words (“sold!”) and there are troubling words (“default”). Because of the associations they conjure up, some phrases just automatically make us happier. Two of the leaders in the positive category are the magical words, ‘vacation home.’ All by themselves, they can trigger a smile. Why not? “Home” is […]

Read more >>


In the Sport of Area Property Searching, You are the Captain!

by Ann Motz in Blog. Tagged:

For anyone who has never participated in a serious house-hunting effort, their mental image of how the experience will unfold may be a little off. They might imagine that, after narrowing down their requirements for a town home (size, price range, and the like) they will agree on a day and time, then just climb […]

Read more >>


Town Mortgage Interest Rates Reflect Fed Funds News

by Ann Motz in Blog. Tagged:

The way the media treated last week’s federal funds rate announcement by the Federal Reserve Board was a convincing demonstration of how much importance is placed on that singular piece of the financial puzzle. That rate may not be directly tied to town mortgage interest rates, but since it determines lenders’ borrowing costs, its effect […]

Read more >>


Does Market Timing Tell When to Buy an Area House for Sale?

by Ann Motz in Blog. Tagged:

When your family needs more or less elbow room, or a neighborhood change is in order, it’s time to start combing the listings for the right local house for sale. At the same time, though, now that prices have been steadily rising for so long, it’s not unreasonable to ask yourself if this a good […]

Read more >>


Tough Sell: Think about Selling Your Town Home…to Yourself

by Ann Motz in Blog. Tagged:

If you are at all typical, you probably won’t put even minimal thought into planning for selling your local home until there’s a good reason to do so. One of the best parts of being a homeowner is the comfort you feel from having a stable home base. For a lot of us, thinking about […]

Read more >>


New Housing Trends May Not Surprise Town Residents

by Ann Motz in Blog. Tagged:

A lot of what town readers and TV viewers see and hear can leave them with the definite impression that the nation is headed for rough sledding. Most of us do understand that the “news” is selected to get our attention…and that often results in a steady stream of headline-grabbing accidents, malfeasances, and international catastrophes […]

Read more >>


Factors that Shape the Area Luxury Residence Market

by Ann Motz in Blog. Tagged:

When you have a town luxury residence ready put on the market, you are about to enter a specialized area of the real estate realm. The luxury home market is, as the name implies, other than ordinary—and so are some of the ways to effectively navigate through it. First off, we have to recognize the […]

Read more >>


Area Listings Demonstrate Why Easy Access Works for All

by Ann Motz in Blog. Tagged:

Ever since the real estate world turned the corner and plunged full bore into the virtual world of home computers, cell phones and iPads, local home buyers and sellers have benefited greatly. There had been an issue about the fate of the once closely-held and jealously-guarded Secrets of the Kingdom—“the listings.” The area listings are […]

Read more >>


Bottom Line Impact of Local Mortgage Interest Rate Shifts

by Ann Motz in Blog. Tagged:

If you begin a search for a new home by going online to check out the local listings, it’s likely that one of the first search criteria you enter will be the price range. After all, unless you are a virtual looky-loo who is just checking out how the other half lives, your budget will […]

Read more >>


Five Questions to Ask Your Town Real Estate Agents

by Ann Motz in Blog. Tagged:

This is a list that hasn’t changed much since Hannibal first considered getting a larger place for his elephants. He decided that the Roman Empire would be a fine choice (but history tells us that the move didn’t work out). If Hannibal had consulted a knowledgeable Roman real estate agent, he might have chosen a […]

Read more >>


Town Open Houses are One Way to Bring Buyers to the Door

by Ann Motz in Blog. Tagged:

It looks as if the debate about the effectiveness of town open houses as selling tools isn’t going to be settled any time soon. Part of the reason is the difficulty of getting accurate feedback about prospective buyers’ actual behavior as opposed to their intentions. Pollsters do their best, but you have to question the […]

Read more >>


Deciding if an Area Fixer-Upper is the Right Deal for You

by Ann Motz in Blog. Tagged:

The town fixer-uppers: You know them when you see them—especially when going through the town listings, where their photos probably lack quite the allure of the others. You can also spot them by some cautiously-phrased tipoff language. They are “handyman specials” that are offered “as-is” or that “need attention.” A perplexingly low asking price is […]

Read more >>


Bottom Line Impact of Local Mortgage Interest Rate Shifts

by Ann Motz in Blog. Tagged:

If you begin a search for a new home by going online to check out the local listings, it’s likely that one of the first search criteria you enter will be the price range. After all, unless you are a virtual looky-loo who is just checking out how the other half lives, your budget will […]

Read more >>


Local REOs Can be in the Cinderella Situation

by Ann Motz in Blog. Tagged:

There are acronyms that have grown so familiar that they are more like words than the phrases they represent (think “SCUBA” for self-contained underwater breathing apparatus or “laser” for light amplification by stimulated emission of radiation). Local REO properties aren’t in that category. For instance, REO homes aren’t located next to a river with a […]

Read more >>


Freddie and Fannie—and Town Home Loans

by Ann Motz in Blog. Tagged:

We all remember Freddie Mac and Fannie Mae, the twin quasi-public organizations who backstopped the home loan industry for the whole country. Freddie and Fannie were thought by some to be on the verge of extinction during the home loan crisis, but they revived when Washington stepped in. Freddie’s latest quarterly financials show assets that […]

Read more >>


What Message Do You Get from ‘For Sale by Owner’ Signs?

by Ann Motz in Blog. Tagged:

If you will be selling your house this fall, an early decision will be whether to team with a local Realtor® or go the “For Sale by Owner” route. One thing to consider is messaging. “Messaging” is one of those words that town homeowners began to hear a lot after Madison Avenue decided to verbize […]

Read more >>


Outside Events Seldom Motivate the Decision to Buy a House

by Ann Motz in Blog. Tagged:

When you decide that the time is approaching to put your home on the market, you probably take special interest in exploring the conditions that are likely to motivate families to buy your local house. Most of the research on the subject indicates that it has at least as much to do with how people […]

Read more >>


Trampoline Graph Alerts Town Real Estate Watchers

by Ann Motz in Blog. Tagged:

When area real estate trackers keep tabs on the progress of the national rebound, they note the findings of the major pollsters and data miners, read what the pundits have to offer, and look at charts and graphs—lots of charts and graphs. The graphs that chart residential real estate price history for the last decade […]

Read more >>


Mapping Out the Real Costs of Building a New Home in Town

by Ann Motz in Blog. Tagged:

If you are considering buying a new home in town, it might have occurred to you that building your own could be another option. Even if you aren’t one who has always dreamed of designing your own new home with exactly the features you want (and none you don’t), the idea might seem worth exploring—particularly […]

Read more >>


Town Home Ownership and the American Dream Debate

by Ann Motz in Blog. Tagged:

This summer, town home owners have been experiencing both the start of a blistering political season and, simultaneously, what the newspaper writers call the ‘summer silly season.’ The politicians have hit the campaign trail in earnest, but in many other realms, folks tend to be on vacation (or wishing they were). The result is that […]

Read more >>


A Town Real Estate Agent Can Benefit from Opposing Traits

by Ann Motz in Blog. Tagged:

There is an interesting theory about why some town real estate agents complete so many more home purchases than do others. It isn’t that ‘success breeds success’ (although the thing we call “momentum” is certainly real enough). It has to do with being able to harness two somewhat opposing character traits. In any business, there […]

Read more >>


Town Rental Investment Management—Hands-on or Delegated?

by Ann Motz in Blog. Tagged:

When you buy a property as a town rental investment, you join the world of investors who recognize the value of an investment that’s as solid as the ground we walk on—one with the additional advantage of providing a steady cash dividend. With those dual advantages, you’d wonder how other investments can offer much competition, […]

Read more >>


Local Real Estate Watchers Follow the Dots…

by Ann Motz in Blog. Tagged:

Last week was a head-swiveling version of a follow-the-dots puzzle for those who keep tabs national news related to on local real estate. Children like following the numbered dots to reveal a picture. You can’t be sure what it will turn out to look like until the end. The week was a lot like that: […]

Read more >>


Area Homeowners Alerted by Australian Blogger

by Ann Motz in Blog. Tagged:

Town homeowners take note: Neglecting your filters! That was only one of many “bad home habits” blogger Annie Stevens admitted to in last week’s confessional outpouring on the Aussie web site Domain. “Bad home habits” may not be a phrase local homeowners are accustomed to thinking about, but it’s an idea worth mulling—especially if selling […]

Read more >>


A Skilled Local Appraiser Works in Everyone’s Favor

by Ann Motz in Blog. Tagged:

A skilled town appraiser provides a service that should help make the buying and selling of a residence a smooth transaction. ‘Should’ is the operative word. Going back to ancient times, homes have always been ‘real’ when it comes to establishing the amount of money that they are worth. The home’s role as the center […]

Read more >>


Local Readers find Sweet Real Estate Reports

by Ann Motz in Blog. Tagged:

Our area’s real estate picture usually differs little from that of the nation as a whole. The latest rumblings from the mass media and web continue to bolster the picture of rising values and quickening activity—a sweet story with nary a sour note. In fact the unanimity of voices from almost every corner of the […]

Read more >>


Local MLS Listings: Good Place to Start a Class on Real Estate

by Ann Motz in Blog. Tagged:

Wouldn’t it be great if high schools started a Driver’s Education kind of class for real estate? At some point—I think it was in the 1930s—Americans realized that it would be a good idea for the public schools to offer Driver’s Ed, just as a matter of public safety. If you’ve ever tried to deal […]

Read more >>


Local Man Cave History Traced Back to Dawn of Time…

by Ann Motz in Blog. Tagged:

Without risking a theological debate, it’s clear that something Darwinian is taking place when it comes to some recent developments in town home refurbishment. We’re talking about today’s local man caves. As one Fort Myers, Florida newspaper writer put it last week (without the slightest hint of irony), “the concept of the man cave is […]

Read more >>


The Stories that Spawn Town ‘For Sale by Owner’ Signs

by Ann Motz in Blog. Tagged:

They may be getting rarer, but you still see some town “For Sale by Owner” signs from time to time. Sometimes they signify an owner who, truth be told, simply doesn’t mind letting it be known that he or she isn’t in much of a hurry to sell the place. This can be true if […]

Read more >>


One Housing Solution Area Homeowners Can Do Without

by Ann Motz in Blog. Tagged:

Town residents been hearing about unbelievably tight housing situations in some U.S. cities for many years, but last week there was one report that would have challenged any imagination. This was about a Wharton School graduate who is spawning a new way to afford rents in the San Francisco Bay area. His solution: live in […]

Read more >>


In the Real World, Selling Your Local Property is a Balancing Act

by Ann Motz in Blog. Tagged:

In a perfect world, before you set about selling your town property you would have emptied it of all evidence of human habitation, called in the best staging pros on the planet, and set off to vacation in a Caribbean island spa-hotel so you could sift through the dozens of offers in comfort. “Let’s see,” […]

Read more >>


You, Too, Can be a Town Home Buying Genius!

by Ann Motz in Blog. Tagged:

One of CNN’s most popular sites is called CNN Money. Dollars and cents are its singular focus—no film reviews, fashion statements, or political insights. For town readers minding their bank accounts, it makes consistently interesting reading. The other day, an eye-catching ad for CNNMoney appeared on the screens of real estate sites. If you’d been […]

Read more >>


Area Virtual Tours: They Come in a Variety of Flavors!

by Ann Motz in Blog. Tagged:

For many homes that will be listed for sale in town, virtual tours will be part of their prospective buyers’ experience. It’s increasingly common that in addition to the eye-catching still photographs that enhance the online listing, some form of clickable virtual tour is there, as well. Most frequently found are virtual tours that are […]

Read more >>


Housing News Surprises few Area Readers

by Ann Motz in Blog. Tagged:

With our area’s housing news behaving pretty much in line with the rest of the nation’s—that is, exactly as expected for a brisk spring selling season—you don’t usually expect to see much eye-catching housing news in the national press. That’s why last week’s USA Today Money section’s front page story was interesting. Inside, there was […]

Read more >>


The 8-Second Decision for Town Home Showings

by Ann Motz in Blog. Tagged:

“Buyers make their decisions in exactly eight seconds. After that, they’ve either fallen in love or are just honoring an appointment.” You’re likely to come across that quotation (from prominent Manhattan Realtor® Barbara Corcoran) whenever you’re researching how to add the most value to your town home with the least expense. For area home owners […]

Read more >>


Local Comparables (and Local Not-So-Comparables)

by Ann Motz in Blog. Tagged:

There are two kinds of situations that homeowners looking at town comparables run into: THE SIMPLE COMPS: Your town home is part of an area that’s more uniform than not, in a neighborhood where there are a sufficient number of similar houses to have produced several sales recently. Your street may not be part of […]

Read more >>


Putting Town Real Estate Prices in Perspective

by Ann Motz in Blog. Tagged:

Whenever you are getting ready to buy or sell a residence, taking the temperature of the local housing market is part of how you prepare to engage. When town real estate prices are on the rise, bargain hunters know they’ll have to scramble. When town real estate prices are flat or on the downturn, spotting […]

Read more >>


Retirees Buying a Home Face Fewer Unknowns

by Ann Motz in Blog. Tagged:

One of the advantages of reaching retirement age is that your needs can be much clearer to gauge than they were in the past. When it comes to planning for buying a home, for instance, you no longer have to worry about many of the contingencies that created vast unknowns earlier on. When we were […]

Read more >>


Listings May Echo U.S. Move to “Pragmatic” Features

by Ann Motz in Blog. Tagged:

Just as with movie credits, the features you find in town listings have a “billing order.” The “stars” may not be printed in gigantic superstar type—but the order in which they appear do reflect changes in current buyer priorities. For a homeowner soon to add their property to this spring’s town listings, it’s important to […]

Read more >>


One-Question Exam: A Credit Report True/False Quiz

by Ann Motz in Blog. Tagged:

Here is a one-question True or False exam that every future local first-time home buyer should take: True or False: One sure way to build a strong credit report is to pay your bills on time. (Answer: False) Particularly for a first-time town home buyer, being able to present a strong credit report can make […]

Read more >>


Staging via 30-Minute DIY Home Improvements

by Ann Motz in Blog. Tagged:

You’re eager to get your home sold quickly with a minimum of fuss. You’ve been over the comparables with your Realtor®; and the listing looks and reads great. It’s getting close to showing time—and although you know that your property is a great buy that any new owner would be proud to call home, you […]

Read more >>


Researchers Foresee Heightened Residential Sales, Demand

by Ann Motz in Blog. Tagged:

Residential sales in your neighborhood—in fact, all real estate dealings anywhere—remain the most local of commercial transactions. If your house is in San Francisco, a price spike in suburban Newark is probably of little interest, unless you plan on moving anytime soon. Even so, the new projection for overall U.S. residential sales had to perk […]

Read more >>


Home for Sale Tip: 3 C’s To Demolish Weather Doldrums

by Ann Motz in Blog. Tagged:

You’ve decided that right now is the perfect time to put up your home for sale; you’re charged with energy and determination; you’re ready to get going—and then…suddenly, the spring weather turns foul. It’s an all-too-common frustration, from mud season sieges in Northeastern Maine to kite-busting windstorms in the far Southwest, the kind of perfection […]

Read more >>


Taking a Harder Look at Today’s Credit Score Models

by Ann Motz in Blog. Tagged:

It may not be the first factor you look at when you begin planning to buy a house, but unless you are in the rare position of being able to make an all-cash purchase, sooner or later your credit score will become a prominent factor. That’s why this month’s get-together in Washington held some information […]

Read more >>


Like Peeps and Tulips, Spring Real Estate’s in Season!

by Ann Motz in Blog. Tagged:

When the first spring day comes along a goodly proportion of residents feel the annual pull toward the garden store aisles. Even those who’ve stoutly resisted ordering seeds, gardening tools, or any of the other back yard paraphernalia the catalogs kept hawking all winter can succumb to this particular Call of Nature. Burpee, Scotts and […]

Read more >>


Rental Home Net Income Depends on Prudent Budgeting

by Ann Motz in Blog. Tagged:

Owning a rental property owes its popularity to the distinctive financial attributes it offers investors. Like a dividend-producing stock, it’s a holding that stands to produce a regular income stream. It’s also a real asset in the truest sense of the word—one with solid collateral value. For adroit rental property investors, it’s also an asset […]

Read more >>


REALTOR® Selection Should Include Team Chemistry

by Ann Motz in Blog. Tagged:

When you find yourself poised on the brink of any new real estate venture, there’s no more important initial step than seeking out a great Realtor® to round out your team. Without even thinking about it, everyone automatically knows that they want a real estate professional with the technical experience, communication skills, and local knowledge […]

Read more >>


Home Interest Rates Weirdness as Denmark goes Negative

by Ann Motz in Blog. Tagged:

Since home interest rates continue to play such a leading role for buyers in today’s real estate market, any relevant news items bear watching. For quite a while, home interest rates have cooperated nicely, dwelling at tantalizingly low levels. It’s been helpful to sellers and buyers alike. Meanwhile, some strange headlines about European home interest […]

Read more >>


How to Know You’ve Found the Right Home Inspector

by Ann Motz in Blog. Tagged:

The importance of hiring a reliable home inspection is one of the bedrock principles every home buyer reads and hears about from all quarters. Any Realtor® worthy of the name will be able to recommend a home inspector with the kind of strong credentials that establish the validity of his or her report—it’s part of […]

Read more >>


New Mortgage Idea Gets Attention from Serious Players

by Ann Motz in Blog. Tagged:

Something new is stirring in the ordinarily hidebound world of residential mortgage offerings: a new way of approaching the financing of home purchases. If successful, it might well shift the way some mortgage contracts are written. The experiment is known as the “Wealth Building Home Loan,” and it addresses a home-ownership problem that has been […]

Read more >>




Why a ‘Short Sale’ Can Take a Long Time

by Ann Motz in Blog.

The term “short sale” has been misleading people for decades. Despite the name, it’s a term applied to transactions that often involve a lengthier-than-usual sale process. A “short sale” is named for the financial aspect of a sale rather than the length of time it requires. It’s anything but a shortcut. The ‘short’ in ‘short […]

Read more >>


Home Loan Background Info

by Ann Motz in Blog.

When anyone is in the early stages of finding a house to buy, unless they are planning to pay for it with cash, a large part of what eventually happens will be determined by the home loan they secure. Both the size of the home loan and its interest rate are negotiable, but in almost […]

Read more >>


Tasty! Selling Your Deliberately Foodie-Friendly House

by Ann Motz in Blog.

“A kitchen can sell a house” is a proposition that often proves true—well-designed kitchens can drive value. Given the popularity of cooking shows, artisanal cuisine, and the growing number of new gizmos and gadgets concocted for the advancement of culinary hobbyists, selling a house can turn on its gastronomical appeal—at least to a select segment […]

Read more >>


Three Relevant Questions about Renting Your Home

by Ann Motz in Blog.

You are a homeowner, but now your family has simply outgrown the place. You’re almost ready to start hunting for a new home—but hesitate. The fact is, you’re reluctant to give up your present property. It’s been a terrific home, and you suspect it’s only going to grow in value… If your financial fortunes are […]

Read more >>



Help for First Time Home Buyers

by Ann Motz in Blog. Tagged:

As the end of 2014 approached, the National Association of Realtors® was able to come up with some general observations on the makeup of the current market—facts that anyone expecting to deal with home buyers in the coming year should find useful. With consumer attitudes showing improvement across the board, you might have expected that […]

Read more >>


Mortgage Interest Rates

by Ann Motz in Blog. Tagged:

Mortgage interest rates have been so low for so long that there is the definite possibility that the real value they represent—for both home buyers and sellers—may now be being taken for granted. It’s only natural. If you believe that past history is the best predictor of future performance, last January’s common wisdom that mortgage […]

Read more >>


A “Magic Number” for House Flipping?

by Ann Motz in Blog.

ABC’s Nightline recently aired an interesting segment about house flipping, which included a magic number that’s probably never been seen before. House flippers would have been glued to their TVs if they’d stayed up late enough to catch Nightline, because if authentically magical, it’s a good number to know. The segment was part of a […]

Read more >>


To Sell a House in Winter, Think Cozy!

by Ann Motz in Blog.

Some folks live for our winters. For them, the brisk air is a tonic; longer night times are invitations to enjoy the warmth and cheer of fireside camaraderie; the prospect of winter sports is something they look forward to all year long. For everyone else it may be more of a drag—particularly when a succession […]

Read more >>


Reverse Mortgage Rule of Thumb

by Ann Motz in Blog.

You’re at home, watching TV and trying to unwind, when all of a sudden here comes another baby boomer celebrity, looking into the camera, giving you his most sincere, trustworthy look, then assuring you that a “Reverse Mortgage” really isn’t too good to be true (even though it sounds like it is). What could be […]

Read more >>


Listings That Stand Out from the Pack

by Ann Motz in Blog.

If you had to come up with a single characteristic that the most effective home listings have in common, there are several good candidates: A really well-crafted listing catches your eye with superior photography, for sure. But that’s not possible with every property. Good photographers know how to select the best angles, use light effectively, […]

Read more >>


Your DeSoto County MS Real Estate Agents

by Ann Motz in Blog. Tagged:

Hello Friends! Welcome to Ann Motz Realtors web page and thank you for visiting! I am confident that you will find what you are looking for as far as your real estate wants and needs go. I hope you delight in your visit and discover everything my realty website has to offer. Registering for the […]

Read more >>