Guy Adams's (guyadams) Blog

Real Estate Agent - Berkshire Hathaway HomeServices Professional Realty - 200039
The fastest-growing counties in the country, according to the U.S. Census Bureau, are mostly in suburban areas outside of urban centers. The census numbers govern the distribution of more than $400 billion in federal money each year. Here are the 10 fastest-growing counties: 1. Kendall County, I...
Some 52 percent of single home buyers in April chose suburban locations over urban and rural areas, according to a survey by Coldwell Banker of 1,000 single buyers. · More than 53 percent of single home owners reported that they purchased a home because it was more cost effective than renting in...
The NATIONAL ASSOCIATION OF REALTORS® is making it easier for members to access expertly written, ready-to-use consumer articles through the new REALTOR® Content Resource. This is a no-cost, members-only benefit available through, NAR’s homeownership site for consumers. To access ...
Many of the people I work with are buying a second or seasonal home. Many, also, have the intent that it will become a permanent and primary residence some years down the road and they are taking advantage of the buyer's market now. Good idea. Financing a secondary residence has a different set o...
ActiveRain's Facebook page recently posted the question: "Since the weekend is upon you keep business hours as a real estate agent? Or are you available all the time any time?" And I was astounded by the answers. Most said they were available 24/7! A few said they were available all th...
"The most terrifying words in the English language are:  I'm from the government and I'm here to help!"  Ronald Reagan
  For many Americans, "coming up" with a down-payment for their first home purchase can be a major roadblock -- and quite often the reason for renting, rather than owning, a home. A "down-payment" is the difference between the home's purchase price and its mortgage amount. This percentage of the ...
Interest on five-year adjustable-rate mortgages averaged 3.89 percent for the week ended June 17, the lowest level since Freddie Mac began tracking the statistic in January 2005. One-year Treasury-indexed ARMs also fell, dipping from 3.91 percent to 3.82 percent, the lowest average in more than ...
Unrealistic buyers are ruining the deal for sellers who are unwilling to make extreme concessions, some real estate practitioners complain. ''We see buyers who must have learned their moves from the World Wrestling Federation,'' says Glenn Kelman, CEO of the online brokerage Redfin. ''They think...
Most borrowers whose loans are modified under federal programs will likely default within a year, Fitch Ratings forecasts. Among those mortgages modified without backing by a federal agency, the foreclosure rate within a year is likely to be 65 percent to 75 percent. Fitch based its predictions ...

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