Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho November 29, 2018

NAHB Reports Lowest Builder Confidence Reading Since 2014

Obstacles facing home builders have caught up with high builder confidence according to the National Association of Home Builders Housing Market Index for November. Builder confidence dropped eight points to an index reading of 60, which was the largest month-to-month drop in builder confidence since 2014. November's decline in builder confidence was greater than the largest month-to-month decline during the housing crisis. Housing Market Index readings over 50 are considered positive, but … [Read more...]

Filed Under: Real Estate Tagged With: Builder Confidence, Housing Trends, NABH

Bob Ramalho November 28, 2018

5 Creative Ways To Buy A Foreclosure

Buying a foreclosed home is easy, right? After all, they sell for pennies on the dollar, right? Well, that could be a false assumption. Buying a foreclosed property appears easy on TV, but in reality, it can be overwhelming.  Foreclosure sales continue to decline in the market from 38.6 percent in 2011 to 14 percent in 2017 but ticking up a bit in 2018 according to Attom Data Solutions, a national property data company. As foreclosure sales drop, competition for these properties become … [Read more...]

Filed Under: Real Estate Tagged With: Budget, Foreclosure, Real Estate

Bob Ramalho November 27, 2018

How To Stage A House For A Faster Sale At A Higher Price

"Staging" a house means to prepare it for sale in ways that make it more attractive to potential buyers. Homeowners can do much of this staging work themselves and should get suggestions from their real estate agent. They can also hire a professional to do the staging work for them. Value-Added Staging A study of 4,200 sold homes, conducted by Home Staging Resource (HSR), found that 85% of the staged homes sold for 6% to 25% more than a home that was not staged. Forbes reports that 95% of staged … [Read more...]

Filed Under: Real Estate Tagged With: Home Sales, Real Estate, Staging

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