Archive for the ‘Articles’ Category

It’s no question that the recovery of our economy is taking it’s time. Every sector seems to be slow to jump back up and act like normal. Everyone is so cautious about spending and that transcends over into real estate. Real estate is a big purchase and people are afraid to purchase big ticket items when the future seems uncertain. If you would like to know more about real estate in Chapel Hill please visit It will probably be a long time before we see the recovery that everyone is hoping for. There are some high points though in some real estate markets. Houses and condo pending sales in the greater Miami-South Dade area increased by close to 41 percent in the last year. Washington DC and much of Texas also saw an increase in pending sales, with the entire southern area showing an increase of around 3.7 percent.

So there is not all bad news to report. These numbers at least show us that there are changes taking place and for some that is all they need for them to be secure enough to go out and purchase again. If fact the Mortgage Bankers Association reported that application for new loans increased by 2 percent and FHA loan applications are up by 3 percent.

These are modest gains, but gains none the less. With the unemployment rate declining hope is being restored slowly. There is still a lot of skepticism out there about the future of our country, economy, and our lives. When people don’t feel secure there is not much freedom to spend and share. Insecurity makes people think inward and manifest in them holding on to things. The recovery is slow, but there are positive signs that are helping most to believe that we have suffered the worst. If this is true than you will see people feeling a little more free to get out of their shell and spend. Hopefully the recovery will be faster than expected. For information about Chapel Hill Real Estate and homes for sale visit Chapel Hill Realty.

With the current real estate market the way that it is, it is imperative that one gain a competitive advantage. One of the ways to gain that upper hand on the market is to have your home staged and ready to show to prospective buyers. Staging involves a number of things, but simply is the process of presenting your home in a way that welcomes the prospective buyer with a vision of what the home could look like. It is important for your home to look and show well, and it is to this end that there are professional stagers that will come in (for a fee, of course) and decorate your home to increase the homes presentation abilities. You can find more about homes for sale in Chapel Hill at

Staging involves the look and feel of the home and has it’s main goal to create a warm and welcoming feeling to the potential buyer. We all remember the stories about the apple pies or cookies baking in the oven when the potential buyer comes to view the home. The sweet smell of the apple pie creates a very welcoming homey feel that aids in the comfort level of the buyer.

Landscaping and the cosmetic show of the outside of the house is a consideration as well as the inside. The outside of the house must be appealing, after all this is the first thing the buyer will see. If they can’t get past the outside it will be difficult to win them over completely. We have all heard the term "curb appeal’, and this is where the outside of the house has a look and feel that is appealing as you drive by. You would want the outside of the house to be so appealing that it tantalizes the potential buyer to see the inside. If the outside is welcoming and the inside is warm and friendly than you have a good combination to sell the home. These are just some thoughts on the staging of your home. Find more at and happy house selling!

There are reports that the California housing market is leading the recovery for the entire nation concerning the housing market. Tax credits, incentives, supply and demand are all factors that may be contributing to the housing market in the Sunshine State. Reports are surfacing of 107% purchases, meaning that homes are being sold for more than the listing price by 7%.

Could this really be the end of the housing slump for California? Are the incentives really working or is this just smoke and mirrors? Since many of the major cities will be the forerunners to this, outlying cities like homes in Tracy California will get a good taste of what may come. We’ll have to watch Tracy real estate for sale for trends that may indicate similar reports. Many other states will be watching this so called recovery especially Florida who holds many of the top cold markets. Should other states follow California’s way of doing things, at least for the housing market? I think most will take a wait and see approach.

Whenever there are incentives or tax breaks, or when the government is handing out money, there is room for caution. Most things are not for free and the question needs to be asked if we are all going to pay for this someday, somehow. California is having financial issues and yet they can find ways to provide tax breaks. It’s great to be able to give away money as long as you have it to give. Time will tell whether or not the real estate market in California is really recovering or is just in a temporary spike. The Silveria Team specializes in Tracy CA and surrounding area real estate. Please visit our website for more info here

With unemployment rates on the decline in most states, the hopes of the battered real estate gaining a recovery is becoming more of a reality. There have been many incentives over the last year with the government offering the first time home buyers tax credit as being the biggest. We saw home builders offering purchase incentives by teaming up with the local Sears stores or other home appliance outlets giving credits on supplying their newly purchased home. If you would like to look at properties or see real estate in Chapel Hill NC feel free to visit our website at

People are always in the mood for a good deal and when thinking about buying a home, people are constantly looking for deals. The uncertainty of the job market has caused many to rethink the American dream and has given rise to the fact that things may not always be prosperous. America is vulnerable just like any other country and people are spending less and possibly saving more, for that just in case season. 

The market actually has seen a gain in pending home sales up around 22% since April of last year. People are hopeful and with some of the jobs coming back there may be a sense that everything is going to be OK. We are a resilient country and we can figure out how to make things work. We just need to protect ourselves from being so vulnerable to downturns and other things that with a little foresight can prevent. We sell real estate in Chapel Hill NC and if your interested in services for the Chapel Hill area you can visit our website at Chapel Hill Realty.

Pending homes sales has risen over the last few months up about 6% since April and over 22% since April of 2009. This upward swing is good news for a failing real estate market.  The last couple of years have been horrible for home owners trying to sell their homes including Augusta Georgia homes for sale, without losing money and it has been very difficult on local realtors. Some realtors who were not busy have returned to old jobs or are fighting to stay alive in this market.

There have been good signs though that some of the worst is behind us. Markets are showing an increase in pending sales and the government has added incentives to try and lure the potential home buyer to get off the fence and make the purchase. The mortgage rates have stayed low and seem to be going even lower, which will help with purchases since the government tax credit has now expired. Having mortgage rates low will go along way in helping with the real estate market recovery and help the market to sustain itself without having to rely on government help.

Augusta Georgia has been affected just like any other city, but as the nation turns around the Augusta market will too. We have been fortunate that our market wasn’t affected as much as some of the other areas, though no one really escaped the downslide. If you are interested in buying or selling a home in Augusta, please let us know at Augusta is a great place to live with great shopping and dining. It is also located on the Savannah River which adds to the laid back and the adventurer.

A new law in California enables borrowers to have a tax break whose mortgage debt was forgiven through modification of their loan, a short sale or even due to foreclosure. The bill (SB 401) was signed off by Governor Schwarzenegger just before April 15th, which is the tax deadline.

One thing this new law does is allows the majority of tax payers to not be required to include mortgage debt income that has been canceled up to $500,000 on their principal residence, or up to $250,000 for married individuals that have chosen to file separately. This is applicable for the dates 2009 through 2012.
Since the Federal Mortgage Forgiveness Debt Relief Act of 2007, is instituted through the tax year 2012, the California law comes in alignment with the federal law.

This law gives a needed tax relief to those that have lost their homes and can’t afford to pay more taxes. Added on to this anyone in California that had to sell their home on a short sale is allowed to exclude the amount that was still owed to the loan company from their taxes. This also applies to homeowners who have had loan modifications to lower their debt. We specialize in real estate in Tracy CA and would love to help you with your next purchase in Tracy California or any of the surrounding areas.

There are a few exceptions that you may need to be aware of. For example any debt forgiveness that is on a second home mortgage or business & investment property does not qualify. Also, and refinance loans that allow cash-out equity will not apply. For more information on California real estate please visit