Real Estate Update – May 2012

Below is our monthly newsletter for May, 2012. You can find the link current newsletter always at or go onto the site and subscribe to it for FREE. Lots of great information in there!

Dawn and Tom

Exceeding Expectations ~ ALWAYS!

Dawn O’Neal & Tom Binder ~ REALTORS

May 2012
What Can My Team Do To Help You?
Copyright © 2012 Realty Times
All Rights Reserved.
It’s Buying Time Again,
Big Time

If you’ve got the income. If you’ve got plenty of tenure on the job. If your credit is solid. If you can otherwise pass muster at the mortgage loan desk. If it’s cheaper for you to buy than it is to rent.
Yes, there are lots of “ifs,” but it’s one of the best times in America to buy a home. And it won’t last forever.
To wit

· Distressed homes – foreclosures and short sales sold at deep discounts – accounted for 34 percent of February sales, according to the National Association of Realtors (NAR). The bargain basement is open for business.

Mortgage Rates
U.S. averages as of April 29, 2012:

30 yr. fixed: 3.88%
15 yr. fixed: 3.12%
1 yr. adj: 2.74%

View current rates

· Investors know a party when they see one. They snatched up 64.5 percent more homes in 2011 than in 2010 and now account for nearly one in every four homes sold, NAR reported.

· The second home market is back with


Wondering What Your Home Is Worth?

Let me show you.

Saving For a Home

With home affordability at the highest rate seen in decades, now is prime time to make a purchase.
Many renters are wanting to turn over a new leaf by investing in a starter home. Current homeowners are wanting to take advantage of low prices and buy the home of their dreams.
The key to buying in today’s market is having the funds and financial stability needed. How can you go about saving to buy a home?
Financial wiz Suze Orman tells her readers and viewers all the time about the benefits of homeownership, but also the importance of being financially ready for this move. She writes, “Never buy a home or piece of real estate if you do not have at least 10% to 20% to put down. While buying a home is a great investment, if you do not have at least 10% to 20% of the purchase price to put down, then you can’t afford the home and are buying before you have demonstrated the ability to save, which is a bad idea in the current market.”
How do you get to that point? The first and most important step is to


Economy Sparks Remodeling: How To Ensure A
Successful Project

Springtime generates a lot of home improvement activity. Many buyers are out shopping for their new home. With the purchase of their home, the desire to remodel often comes next. For others, the drastically fluctuating housing prices are causing homeowners to stay put and that’s causing them to want to remodel their existing footprint.
Whether it’s a room addition or the renovation of a kitchen to upgrade amenities and make the space feel more comfortable to suit your needs, precautionary steps to get the most out of your remodeling project will create the best outcome.
Some of the most popular remodeling projects have to do with creating homes that are livable for all ages. The National Association of Home Builders says, in 2010, that 62 percent of surveyed builders were working on “aging in place” modifications.
That means granny flats or in-law apartments (extra rooms with kitchenettes) are becoming staples in homes. As baby boomers ease into their golden years this type of remodeling project will continue to grow. Entry-level bedrooms are also popular additions due to the ease of access for the elderly.


Call or Send E-Mail for Current Listings

If you would like to know what homes are selling for in your area, just Click Here and you will be set up on my automatic email system which will send you the picture, address and description of the homes that sell in your area.

Click for your Private Home Search

Our System Downloads From the “Multiple Listing Service” Every 2 Hours.
<> To FIND Your Home The Easy Way Log On To Click Here For Private Home Search – Our System will help you find a home and automatically e-mail you the results. It will continue to search around the clock for homes within your specifications.
<>To SELL Your Home Log On To Click Here Price Your Home – Find out what your home is worth in today’s market. Receive a FREE market analysis.

Our Opinion of Current Market Conditions

Daily News and Advice

Read about the events shaping the Real Estate market today, find current interest rates, or browse the extensive library of advice and how-to articles written by some of the top experts in Real Estate. Updated each weekday.

More Articles

April Round Up: Fixed Mortgage Rates Hold Near Record Lows
Which Housing Style Is
Right For You?
Letting Go During a Move
Choose a Mother-in-Law Suite


E-mail: Dawn
(888) 328-8136 – Toll Free “Find Me” #
Realty World Executive Advantage
(408) 923-7758
5981 Post Oak Circle
San Jose, Ca. 95120

Equal Housing Opportunity

About Dawn O'Neal

Dawn O'Neal - WASHINGTON - Professional Realty Services Sequim - Managing Broker CALIFORNIA - Independent Broker~Owner~REALTOR® GRI, CRS, LTG®, RRC®, PMN® ASP®, e-PRO®, SRES®, CIPS, TRC®,SFR®, CHS®, CDPE®, Ombudsman and Trained in Negotiations & Mediation from Pepperdine University School of Law I have been self employed since 1975, a REALTOR® since 1990. I am a member of the Sequim Association of REALTORS® IN WASHINGTON and WAR® plus Santa Clara County Association of REALTORS® and CAR® in CALIFORNIA Plus NAR®. I work predominantly with residential clients, some commercial properties, 1031 exchanges, & extensively with Seniors. I have received many awards with RE/MAX and Realty World attaining both their top award of Hall of Fame & earned many designations. I love to work with clients in person or through emails & the Internet. Please visit my web page for a full profile, testimonials & my passion – Breakfast With Santa. CA DRE#01101500 WA License #26510 My Motto - Exceeding Expectations - ALWAYS!
This entry was posted in Lenders & Loans, NAR-National Association of REALTORS®, NOD-Notice of Default, NTS-Notice of Trustee Sale (Foreclosure), Real Estate - Sellers & Buyers, REALTOR®, Seller Disclosure, Short Sales. Bookmark the permalink.

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