The 1.8 billion dollar anti-trust law suit with the National Association of Realtors (NAR) adds misery to grief with the real estate market. NAR rules and regulations have changed how Realtors conduct business and volumes of paperwork are mandatory, just to see a home for sale. Fortunately, I quit the board of Realtors and my affiliation with NAR was severed. As an independent broker, I am not subjected to NAR’s rules and regulations. I offer an alternate solution to sell By Owner with professional broker assistance and save you up to 40%. ContactAgiNow.com to learn more.

As the world turns, so does the real estate market that’s moving in favor of buyers. More inventory means longer days on market, more choices of homes to buy and inevitably prices dropping. Sellers, learn about the Home Assured Protection Plan and how you gain can the advantage of selling your home at the best price, terms and conditions. More at GetSellerGuide.com

Essentially, all of the 2023 headwinds remain and the real estate market is a mess. Elevated mortgage rates, out-of-reach home prices and record-low housing stock continue to make for a perfect unaffordability market. Why is the inventory so low? Sellers with low interest rates need to be in a serious “have to sell” situation. They don’t want to be subjected to the high mortgage interest rates to buy another home. Earlier when the new year rolled in, predictions professed improvement in the real estate market. However, buyers sit on the fence waiting for interest rates to come down. The crystal ball is hazy and honestly no one really knows when the real estate market will improve!

I knew the real estate market was heading for a downturn, I thought it was going to be in the beginning of this year, it’s why I created the Thrifty Listing Plan. When I began marketing the plan in January 2023 … crickets.

It happened before with the real estate tsunami more than 15 years ago. In 2006 I had a bad feeling, I took my first “short sale” course in Orlando. Everyone thought I lost my mind. Buyers were purchasing homes at extremely high prices.

At first I was not able to short sale properties because at that time banks were ok with foreclosing. By the end of 2007, the market was tanking fast, by 2008 in was hemorrhaging. I then became a CDPE, (Certified Distressed Property Expert) I closed many short sales, with an amazing team for nearly four years. We had a process down and learned to close short sales fast.

 

The volume was so high, major lenders created portals to upload short sale packages. I became the “Short Sale Queen.”

Here we are again. I knew a couple summers ago when buyers were paying huge appraisal gaps, the market would suffer again. It was just a matter of time. History really does repeat its self. 

I am going to dust off my CDPE certification. It appears I will be advising the agents in our Brevard FL Real Estate Group with how to help sellers in distress … and perhaps I will need the Thrift Listing Plan  after all. 

Need help? We are here on standby ready to assist YOU.

ContactAgiNow.com

 

Mixed signals and messages make buyers nervous to pull the trigger to make a purchase. Homeowners with low interest rate loans are staying put in their homes. Only the “have to’s” are listing their homes for sale and many start out For Sale by Owner. It doesn’t take long before they realize it takes a professional to get the job done in a challenging real estate Market. Do you have questions about the real estate market? Agi Anderson & The Brevard FL Realtor Group are here to help. ContactAgiNow.com

When mortgage rates go up, sales go down. It’s not rocket science. I have been on the down low working on a on an idea for listing plan that’s ideal for sellers and appeals to buyers. Stay tuned.

Wondering what your home is worth? Get immediate value report at HomeValuesBrevard.com Ask me about my “new listing plan” advantageous to sellers and to buyers.

Like the autumn leaves, they look beautiful on the tree and then all the sudden the tree has nothing. That’s the look of the housing market. It went from sizzling hot with appraisal gaps to tepid and back to “must appraise to value.” In a blink the interest rates increased making everyone nervous about buying and selling a home. Here’s the thing, real estate does not stop. Better planning and better strategies along with acceptance makes home buying and selling palatable. The market is going to continue to shift, if you need to buy, buy now, if you need to sell, sell now. I realize the decision making process may be a bit more challenging. I am here on standby to help in anyway I can. You can book a 15 minute call on my calendar at http://AgiCalendar.com no pressure, no obligation. Let’s just explore your options.

If you’re going to sell your home download my my guide at GetMoveInCertified.com … Now more than ever you need the seller advantage! Questions❓ ContactAgiNow.com

Good bye multiple offers, appraisal gaps and low interest rates. The housing market is making the turn in favor of buyers and I am ready. I will continue helping sellers sellers on the Brevard FL Space Coast save thousands of dollars when they sell and move with my Move-In Certified program. If your thinking about selling NOW really is the time. Let’s set a time to chat. You can can book a call at AgiCalendar.com or Text me at ContactAgiNow.com

I am prepared and ready to win more listings in the shifting real estate market. What differentiates me from the competition is my “move-in certified” program that has saved sellers thousands of dollars.

 

Home buyers and investor also benefit, they prefer knowing about home inspection issues before they preview a move-in certified home. I encourage sellers to remedy repairs to assure a clear 4 Point Inspection, which is required for buyers to obtain homeowners insurance.

 

It’s win/win, both buyers and sellers save time and money. Schedule a 15 minute phone call at http://AgiCalendar.com to learn all the advantageous of getting your home “move-in certified” before it’s listed for sale.

It has begun … it does not happen in one full swoop. The real estate market is making the shift, what has been in favor of the sellers will turn in favor of the buyers. When? It’s hard to say. As inventory increases the demand will change. If you are even remotely thinking about selling your home, NOW really is the time. Let’s set a time to chat, please use http://BioLinksToMore.com to book a 15 minute phone call on my calendar. We’ll discuss your options and figure out your property value. I will also get details I need to order you an estimated closing statement that will provide your estimated net proceeds. No cost, no obligation. Don’t delay, time is of essence.

Home prices may keep rising, since getting to a balanced market takes time. The housing turnaround may occur by the middle of the year. Expect calmer home price gains of 3% to 6% per year in 2022 and 2023.

Get the details about the Cape Canaveral real estate market, with the Cape Canaveral Market Report.

I agree, 15 years ago, loose mortgage lending practices ultimately brought down some of the nation’s largest banks and mortgage companies. Since then, standards have been raised and the process of obtaining a mortgage is now more transparent. The “anyone who can breathe, can get a loan, is now illegal; now borrowers undergo stricter income, credit and asset checks. Me, I am banking on eventually getting back to a stable real estate market on the Brevard FL Space Coast.

Do you have a real estate question? Would you like to know more about how you can preserve your property value? It's easy to call, text or email me, using my online business card at ContactAgiNow.com

Zillow makes bold predictions for 2020 with housing market.

Yes, there may be more sales, but getting through the inspection period to close, continues to be a challenge. An "as Is" contract no longer means buying a property in "as is" condition. After inspection has been done, buyers ask for repairs to be done or request a credit for repairs.

 

I have developed the Diva strategy to negotiate the inspection issues on behalf of the sellers. If I am the transaction broker, I am considerate to both parties to create a win, win transaction.

What's even better is getting a pre-Sale inspection, so issues can be repaired or factored into the selling price.

 

I also believe selling agents need to be more thorough with explaining  what an "as is' sale is, the contract states, "Seller shall sell and Buyer shall buy the following described Real Property and Personal Property (collectively "Property") pursuant to the terms and conditions of this AS IS Residential Contract For Sale And Purchase and any riders and addenda." This translates to, buy the property in it's "as is" condition. 

 

NAR expects the national median home price to increase by 4 percent for 2016 and 2017.

Banks are taking less down, but homebuyers are also paying more in monthly mortgage payments, according to the article, and incomes are not increasing at the same rate.

TextAgi.com

While some applaud the idea of providing the option to pay less down on a home, could it be a factor that is causing the next recession, and is that recession closer than we think? 

According to Tyler Durden with Zero Hedge, today’s bubble is EIGHT TIMES the size of the last one, with more than $10.4 trillion worth of government bonds that yield negative interest. There are resemblances from the last financial crisis in our real estate market which cause me concern, what about you?

It was the subprime mortgages that brought the 2007 housing market to the worst real estate crisis since the depression. In a move that could lead some to have flashbacks of the housing crisis, a new AAA-rated mortgage bond is about to hit the market, but what makes this new mortgage bond a blast from the past is the fact that it features pre-crisis subprime and Alt-A mortgages.