Real Estate According to Drew

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Real Estate Agent - Keller Williams Advantage II Realty
RECENT BLOG POSTS
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By now, you might have heard the Federal Reserve recently slashed a key interest rate by three-quarters of a percent. Although just about any move by the Fed garners media attention, the sheer magnitude and urgency of this particular rate reduction made headlines. And, unfortunately, those headli...
01/24/2008
We'd like to thank those of you who sent us responses to our last blog, "Finding The Bottom: An Open Discussion". As promised, we will present our alternate theory in this blog. First, however, a quick recap.In "Finding The Bottom: An Open Discussion", we discussed a theory of when and how the re...
01/20/2008
We're going to make a departure from the norm with this blog. Typically, we use Our Blog to provide you with tips, advice, and updates on the Central Florida real estate market. Not this time. Instead, we would like to open a discussion about the most hotly debated topic in real estate, the botto...
01/16/2008
Each month, the Orlando Regional Realtor Association publishes its Market Pulse, a report containing essential market data. Here is our breakdown of the January edition (you can read the full report by clicking here).We always start with the bad news:1.) The average number of days a home is on th...
01/10/2008
Let's face it, 100% financing for everyone couldn't last. Not with the subprime crisis, not with the so-called "credit crunch", and especially not with the decline of home prices nationwide. There's simply too much risk for the lender."Wait!", you might say. "Hasn't 100% financing been gone for s...
01/07/2008
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Let's get the obvious question out of the way.  What exactly is DPA?  DPA is an acronym for the broad variety of programs that offer Down Payment Assistance.  If this is your first time hearing about these programs, get ready.  With the tightening of lending standards by the mortgage industry and...
12/19/2007
It's the most popular New Year's resolution. It's also the most likely to be broken by the second week in January, and for good reason. Getting yourself into shape is a long-term commitment and involves not only a lifestyle change, but also a change of attitude. That's why we have chosen somethin...
12/17/2007
Interested in keeping up-to-date on the real estate market in Central Florida? If you said yes, this is your blog. Each month, when the Orlando Regional Realtor Association sends out its Market Pulse, we will write a new blog capturing the highlights of the report.This month's Market Pulse featur...
12/12/2007
Okay, okay. Before we get your hopes up too much, we're not going to actually answer anything. It'll be more of a prediction. And yes, there was a crystal ball, a deck of tarot cards, some tea leaves, and a Miss Cleo consultation involved. Just remember, that doesn't necessarily make us wrong.So,...
12/11/2007
On December 4th, we wrote a blog titled "Freeze the ARMs!" that examined the Treasury Department's plan to freeze the teaser rate on certain Adjustable Rate Mortgages. That commentary generated a number of questions and comments, so we thought we would expand on our original blog. First, however,...
12/07/2007
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Drew Peterson

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