posted by: Dale Marciniak on 10/30/2008 8:12:53 PM
According to the Economists at the National Association of Home Builders semi-annual forecast conference. They predict home prices will hit bottom in the middle of 2009 if not sooner. As evidence, builders point to increasingly affordable prices, new home incentives, fewer housing starts, declining interest rates, and pent-up demand. "I'm hopeful that the markets will come to their senses soon," said Michael Moran, chief economist for Daiwa Securities America.
Another reason to stop waiting and purchase that home you have been dreaming of. Contact the Dale Marciniak Team for more information about why it is the best time to buy!
posted by: Dale Marciniak on 9/8/2008 11:53:14 AM
Last Wednesday, Bill Gross of Pimco in an interview stated that unless the government stepped in and took over Freddie and Fannie, mortgage backed securities would be in trouble which would mean much higher rates ahead. On Friday, the Mortgage Bankers Association announced that 1 out of 10 borrowers were either in foreclosure or seriously delinquent. That was the last straw. The government stepped in yesterday taking over the two.
1) Providing assurance to bond investors that each company is strong and has the entire US treasury to fall back on if necessary. The Fannie Mae 6% Bond is up 116 BP in early trading now! Rates should continue to fall anywhere from 1/2 point to 1 full point according to analysts!
2) The feds were not pleased that Fannie and Freddie continued to make lending to even well qualified borrowers more expensive with extra points and fees. They will now have control of that. Look for announcements lowering costs
Buyers can have the best of all worlds! They can have home prices that are lower than they’ve been for a very long time and now interest rates that may fall close to record lows!
Call the Dale Marciniak Team today to find out how this can help you!
posted by: Dale Marciniak on 8/31/2008 1:53:19 PM
Realtor uses DVDs to help make a sale
Posted: Aug. 13, 2008
When it comes to selling homes, most real estate agents agree that three factors — location, condition and price — matter more than anything else. But a little innovation doesn’t hurt either.
About a year ago, Dale Marciniak,a broker with Re/Max Realty 100, and his son, Kevin, who belongs to his real estate team, began developing and circulating video tours of the homes they market in the Milwaukee area, including Franklin and other suburbs.
Potential buyers can view the video online or simply pick up a home tour DVD from a box on the front yard of the sale property, Dale Marciniak said. The two options enable him to reach buyers who may have either the Internet or a DVD player, but not both.
"We try to make sure we cover the full spectrum of a buyer's needs," Marciniak said, who specializes selling in homes in the Franklin, Oak Creek and Greenfield.
The Marciniaks' video tours differ from others in the amount of detail they provide, he said.
"What's unique about ours is we are actually doing it as a video, not just taking photos zooming in and out," Marciniak said. "We basically take the video from outside ... going inside, showing how things connect. We've had a lot of compliments from buyers ... who say it's kind of like they've walked through the home several times and are familiar with it."
The agency, located in Greenfield, also has been recognized in the real estate field for its creativity, Marciniak said. He views the sales technique as something that hopefully gives him an edge in a competitive local market.
"There's a lot of homes competing . . . and second chances are hard to come by," he said.
For information, visit homesbydale.com.
Video is changing Real Estate! Another story about The Dale Marciniak Team in the OAK CREEK NOW!