June 25th, 2014

Sales Pickup Shows Healing U.S. Real Estate Market

Posted by at 4:33 pm

  Americans snapped up previously owned homes in May in the biggest monthly sales gain in almost three years, a sign the residential real estate market is regaining its footing after a stumble early in the year. Purchases climbed 4.9 percent, the biggest increase since August 2011, to a 4.89 million annualized rate, figures from the National Association of Realtors showed today in Washington. The level was the strongest since October. The report also showed price appreciation is slowing as more homes become available. A more balanced market, including a wider selection of properties, smaller price gains and still-low borrowing costs, may encourage more Americans to buy as employment strengthens. Improving demand will probably spur a pickup in construction, and builders such as Hovnanian Enterprises Inc. (HOV) are optimistic. “The housing recovery is going to continue,” said Tom Simons, an...
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June 20th, 2014

Don Emerson Named Divisional Vice President of Bay Equity Home Loans

Posted by at 3:45 pm

San Francisco, California – June 16th, 2014 San Francisco based Bay Equity Home Loans announces industry veteran Don M. Emerson has joined the Bay Equity Team as California Divisional Vice President. In his new role, Mr. Emerson will oversee 13 company branches in California as well as the expansion of Bay Equity in his division. Bay Equity Chief Production Officer Casey McGovern said, “The hiring of Don Emerson reflects our commitment to hire only the best. Don was repeatedly ranked the #1 Account Manager at one of the nation’s largest lenders. Plus, he has trained, mentored and worked beside more than 2,500 loan officers, account managers and mortgage brokers in retail and wholesale lending in California, Arizona, Texas, Oregon and Washington.” “We are thrilled to add Don Emerson to our team,” added President and Chief Executive Officer Brett McGovern, “Don...
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June 17th, 2014

10 Things to Consider Before Making an Offer on a Home

Posted by at 4:28 pm

  If you’ve narrowed down your choice of a home to one, you may be eager to make an offer and get negotiations started. If you’re buying in a tight market where sellers have the upper hand you may even feel pressured to put in an offer the moment you see a house. But, before you write that check for your earnest money deposit, you should take a little time to investigate the house and the neighborhood so you have a better idea of what you’re buying. Your Realtor can be a valuable resource in gathering information for you and getting the answers to your questions from the seller’s agent. In the meantime, you can be proactive and do some of your own research. 1) Search for neighborhood information online. If you already live in the community, you may be...
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June 9th, 2014

10 Summer Moving Tips: How to Prepare for a Seamless Transition

Posted by at 7:10 pm

  If you’re moving this summer, the busiest season for moving, you know how daunting it can be. But if you create a blueprint for your move, the transition from house to house will go more smoothly. Here are 10 things you can do to prepare for a seamless transition: 1)  Full serve, partial serve, or a do-it-yourself move. Can you do it alone or should you hire a licensed moving company for a full-service or partial-service move? This is one of the first and often most difficult questions soon-to-be moving households face. The answer depends on your lifestyle, household size, budget and amount of time you have to get everything accomplished. Get written quotes from at least three licensed moving companies so you know you’re getting the best deal based on your specific moving needs. Moving yourself or doing...
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