Archive for September, 2015

Factors that Shape the Melbourne Luxury Residence Market

Tuesday, September 29th, 2015

When you have a Melbourne luxury residence ready put on the market, you are about to enter a specialized area of the real estate realm. The luxury home market is, as the name implies, other than ordinary—and so are some of the ways to effectively navigate through it. First off, we have to recognize the […]

New Housing Trends May Not Surprise Melbourne Residents

Sunday, September 27th, 2015

A lot of what Melbourne readers and TV viewers see and hear can leave them with the definite impression that the nation is headed for rough sledding. Most of us do understand that the “news” is selected to get our attention…and that often results in a steady stream of headline-grabbing accidents, malfeasances, and international catastrophes […]

Melbourne Listings’ Online Evolution was Foreseeable

Friday, September 25th, 2015

Ever since the real estate world turned the corner and plunged full bore into the virtual world of home computers, cell phones and iPads, Melbourne home buyers and sellers have benefitted greatly. There had been an issue about the fate of the once closely-held and jealously-guarded Secrets of the Kingdom—“the listings.” The Melbourne listings are […]

Which Way for Melbourne Mortgage Interest Rates?

Wednesday, September 23rd, 2015

If you begin a search for a new home by going online to check out the Melbourne listings, it’s likely that one of the first search criteria you enter will be the price range. After all, unless you are a virtual looky-loo who is just checking out how the other half lives, your budget will […]

Deciding if a Melbourne Fixer-Upper is the Right Deal for You

Monday, September 21st, 2015

The Melbourne fixer-uppers: You know them when you see them—especially when going through the town listings, where their photos probably lack quite the allure of the others. You can also spot them by some cautiously-phrased tipoff language. They are “handyman specials” that are offered “as-is” or that “need attention.” A perplexingly low asking price is […]

Five Questions to Ask Your Melbourne Real Estate Agents

Saturday, September 19th, 2015

This is a list that hasn’t changed much since Hannibal first considered getting a larger place for his elephants. He decided that the Roman Empire would be a fine choice (but history tells us that the move didn’t work out). If Hannibal had consulted a knowledgeable Roman real estate agent, he might have chosen a […]

Debate over Open Houses Won’t be Solved Anytime Soon

Thursday, September 17th, 2015

It looks as if the debate about the effectiveness of Melbourne open houses as selling tools isn’t going to be settled any time soon. Part of the reason is the difficulty of getting accurate feedback about prospective buyers’ actual behavior as opposed to their intentions. Pollsters do their best, but you have to question the […]

Freddie and Fannie—and Melbourne Home Loans

Tuesday, September 15th, 2015

We all remember Freddie Mac and Fannie Mae, the twin quasi-public organizations who backstopped the home loan industry for the whole country. Freddie and Fannie were thought by some to be on the verge of extinction during the home loan crisis, but they revived when Washington stepped in. Freddie’s latest quarterly financials show assets that […]

A Melbourne REO Can Provide Real Value to a Cautious Buyer

Sunday, September 13th, 2015

There are acronyms that have grown so familiar that they are more like words than the phrases they represent (think “SCUBA” for self-contained underwater breathing apparatus or “laser” for light amplification by stimulated emission of radiation). Melbourne REO properties aren’t in that category. For instance, REO homes aren’t located next to a river with a […]

Melbourne ‘For Sale by Owner’ Signs Include Unintended Messaging

Friday, September 11th, 2015

If you will be selling your house this fall, an early decision will be whether to team with a Melbourne Realtor® or go the “For Sale by Owner” route. One thing to consider is messaging. “Messaging” is one of those words that Melbourne homeowners began to hear a lot after Madison Avenue decided to verbize […]