Bob's Properties

There is a growing belief among many experts that 2012 will be the year housing turns the corner and starts heading in a more positive direction. Whenever we write a post like this, we unleash the hordes of critics who say we are again wearing rose colored glasses or are puppets being controlled by … [Read more...]

With increasing costs of energy, it makes sense to review areas where you can cut energy consumption around your home. Look after your heating and cooling systems. The energy used to heat or air condition a home can account for more than half of a home’s energy bill. Have your heating and … [Read more...]

A welcoming housing recovery is beginning to bud according to industry experts looking at existing-home sales. But while acknowledging home sales are still low, chief economist Paul Dales of Capital Economics says “it is clear that housing recovery is now well underway.” The support is … [Read more...]

There is no shortage of opinions as to where home prices are headed in 2012. From Clear Capital’s expectation that prices will show a ‘slight uptick’ this year to Fitch’s projection that prices ‘will fall another 13 percent’, there seems to be no consensus as to where real estate values … [Read more...]

In today’s complicated real estate market, it is easy to get confused. There seems to be a flood of conflicting information.  For example, headlines have both indicated that National Delinquency Rates are Falling and Increased First Mortgage Default Rates Although these headlines seem to be … [Read more...]

What is the definition of a healthy housing market?  Is it a housing market in which home prices are decreasing?  Few would agree with this.  Is it a market in which home prices are increasing?  At first glance, many would agree with this definition.  However, increasing prices cannot be used … [Read more...]

Numerous buyers are delaying a decision to purchase a home because of the economy and the unpredictability of the current real estate market. But it seems it is the Generation Y population delaying more than most. Generation Y people as described by Wikipedia: Generation Y, also known as the … [Read more...]

In the National Association of Realtors 2011 3rd Quarter Housing Report, increased sales were evident across the country. In the report, they showed that combined sales of single family homes, condos and co-ops increased in every state as compared to the 3rd quarter of last year. Here were the … [Read more...]

With loans that do not involve mortgage insurance (PMI). The suggestion is to borrow as much as you can afford. As an example, borrowing $310,000, as opposed to $300,000, will increase your mortgage payment by about $51 at 4.5%. Recognize that by doing so, you will have $10,000 in the bank. It is … [Read more...]

Getting a mortgage for your next home you’re thinking of buying, and then keep your credit scores as high as possible. Credit scores play a large role in deciding what types of mortgages products you qualify for, and especially important, the rate your lender provides you. Credit Scores? A … [Read more...]