Brad Elsner's Blog
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Homebuyer?s Tax Credit Extended and Expanded!!!
WASHINGTON ? Buying a home is about to get cheaper for a whole new crop of homebuyers ? $6,500 cheaper. First-time homebuyers have been getting tax credits of up to $8,000 since January as part of the economic stimulus package enacted earlier this year. But with the program scheduled to expire at the end of November, [...]
Housing Affordability Surges to Highest Level in 18 Years
Housing Affordability Surges to Highest Level in 18 Years RISMEDIA, May 20, 2009- Nationwide housing affordability jumped 10 percentage points during the first quarter of 2009 to its highest level since the series began 18 years ago, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). The HOI showed that 72.5% of all new [...]
How to Sell Your Home
Sellers?. If you have to sell, you have to sell. Here is what needs to be done to get your home sold for the most money and the least amount of time. You have to get buyers to fall in love with one of two things if not both. First, they need to LOVE the [...]
Interest Rate Updates
The Markets… The good news continues for rates on home loans. Freddie Mac announced that for the week ending April 23, 30-year fixed rates averaged 4.80%, down slightly from 4.82% the week before. The average for 15-year stayed at 4.48%. Adjustables were down with the average for one-year adjustables decreasing to 4.82% and five-year adjustables falling [...]
I?m Honored to be Included on the Five Star: Best in Client Satisfaction Real Estate Agents Announced for 2008
PRESS RELEASEFIVE STAR: Best in Client Satisfaction Real Estate Agents (SM) AnnouncedPosted: April 3, 2009St. Louis, MO (April 3, 2009) - In the April 2009 issue of St. Louis Magazine, the 2009 FIVE STAR: Best in Client Satisfaction Real Estate Agents (SM) are announced.St. Louis Magazine formed a partnership with Crescendo Business Services, an independent [...]
$8000 Tax Credit for First Time Homebuyers
Want an extra $8,000? If you?re a first-time homebuyer then we have a nice surprise for you. Last fall, the Federal Government introduced a financial incentive to prospective first-time homebuyers ? an income tax credit of up to $7,500. The rules were simple: you must have been a first-time homebuyer (as defined by not owning a [...]
Stimulus Package
House and Senate conferees completed work on final elements of the stimulus legislation early Friday morning. I would like to provide you with a brief overview of what is in the final legislative package, particularly as it relates to the housing community. House and Senate conferees have agreed upon a compromise stimulus package at a total cost [...]
Brad?s February Posting
Well spring couldn?t come any faster for me! I think the older I get the more I dislike winter. I understand more and more why people head south for the winter. With all the gloom and doom going on in the world I decided to run 08 statistics against 09 statistics at this point last year. [...]
Housing Stimulus Package
If you have been watching the news this week, you may have noticed that the debate in Washington has finally turned toward real stimulus for the housing industry. As a result, I believe that we could be on the brink of a substantial turn around in the real estate market. Now, it?s critical that we [...]
Shifting Real Estate Markets
Wow, when they called today?s real estate market a “shifting market,” they were right on target. It keeps shifting, and shifting, and shifting … Every time we turn on the news there?s a new development that affects our economy and therefore the ability of buyers to “buy” and the sellers to “sell.” SHIFT, the most recent [...]
