Arthur Mally's (amally) Blog

By
Real Estate Agent - Coldwell Banker
RECENT BLOG POSTS
A recent Fannie Mae survey shows what we already knew! Most believe the housing market has reached the bottom. 78% believe prices will hold steady or actually increase over the next year. 67% believe housing is a safe investment In addition, we see the interest rates as the X factor because rates...
11/09/2010
Halloween is over and I wanted to reflect on some scary numbers, In our market , around 70% of homeowners are either underwater or close to being underwater on their mortgage If these homeowners wanted to sell their home they will have no choice but to try a short sale, unless for some miracle th...
11/01/2010
Pricing right the first time will net you more money than over-pricing. In todays market we are dealing with external factors beyond our control. It's not your fault that the home 2 doors away is selling in foreclosure and is priced 10% below market value. It's not your fault that home inventory ...
10/26/2010
Have you ever wondered why it took so long for the government to tell us we were in a recession when everyone already knew? Real Estate is a little different because sometimes we don't know until way after the fact. But now we have new tools at our disposal. We now know the height of the Real Est...
10/16/2010
2 Comments
Watch out its starting to happen again. I am noticing a trend of good listings that are not selling because they are overpriced. I am seeing homes that are being listed significantly more than their short sale/REO counterparts were selling for this time last year.  We work the South Florida Homes...
08/22/2010
Just one year ago, we had a huge inventory of available homes for sale. As time went by,many of the short sales were either sold or taken off the market due to loan modification or foreclosure. The foreclosures sold like hot cakes. Gradually, we noticed more sales of the higher priced listings bu...
08/17/2010
I have heard that an unnamed major lender is sending unsolicited offers to customers who may owe more on their home than what its worth. What is truly amazing is that they are offering it to homeowners that are not behind in their loan and have been paying on time. Basically, they are offering to...
08/10/2010
Yes we do ! We have 3 premier home builders in Cooper City putting up state of the art single family homes from the high 200's to the mid 500's or as low as $107.00/SF.  Luxury Townhomes in the 200's as well. These builders are offering incredible incentive and upgrade packages as well as competi...
08/04/2010
Remember the days when you had to get in line the night before the sales center opened? It wasn't too long ago when a development would sell out in days. Buy now, don't worry about the price, because if you don't buy today, you won't get the pre-construction grand opening price. Then came the big...
06/21/2010
Rainmaker
6,615

ArthurMally

local_phone(954) 536-8110
Contact The Author