Archive for March, 2016

Melbourne Home Loan Calculations Depend on DTI Diagnosis

Thursday, March 31st, 2016

It might sound shocking, but Melbourne’s homeowners—present and future—have DTIs! Although the press has been largely silent, it’s important that the public be fully educated on the subject. But before anyone calls an emergency meeting to see what can be done… The good news is that, despite how dire it may sound, having DTIs isn’t […]

Melbourne Real Estate Benefits from Events…and Non-Events!

Tuesday, March 29th, 2016

A couple of recent developments made the news recently that promised to impact Melbourne’s real estate scene either now or in the future. The one that got most of the attention last Wednesday came from a familiar source: Federal Reserve Chair Janet Yellen. Her news conference’s less-than-stirring pronouncement (“Caution is appropriate”) made headlines nonetheless because […]

Looking into Words That Go with “House for Sale” Advice

Sunday, March 27th, 2016

You will find that most advice about preparing your Melbourne house for sale features a couple of indispensable terms: de-clutter, clean, and de-clutter. That’s not a typo: you can’t say ‘de-clutter’ often enough. It has to be emphasized that “clutter” doesn’t necessarily refer to shabby or threadbare items—it means literally everything that doesn’t advance the […]

Do Melbourne House Hunters Prefer New Homes? Yes…and No…

Friday, March 25th, 2016

Several different surveys confirm that if you ask American consumers which they prefer, close to twice as many say they would choose to move into a brand new home rather than an existing one. But—and there are several important ‘buts’—when it comes to today’s typical Melbourne house hunter, that answer can be a little misleading. […]

Melbourne Housing Market Shares Some Welcome Trends

Wednesday, March 23rd, 2016

This spring’s Melbourne housing market continues to reflect most of the trends that have held sway across much of the nation. There is good news, not-so-good news, and (happy to report) no really bad news at all. In fact, it’s the absence of threatening factors that makes our housing market a welcoming one for those […]

Comparing Mortgage Offers Rewards Melbourne Home Buyers

Monday, March 21st, 2016

For Melbourne home shoppers who anticipate taking advantage of today’s low mortgage interest rates, the Consumer Financial Protection Bureau has a few words of interest. The CFPB thinks it has found a way for consumers to get the best home loan deals. The way they recommend is to shop around. Now, it may seem as […]

Melbourne Observers See Rise in U.S. House Flipping Activity

Saturday, March 19th, 2016

When you think about it, it was to be expected: the pace of house flipping activity in communities all over the country almost had to quicken. The market made it all but inevitable—in places where prices are on the rise while inventories remain tight, the conditions are right. A “house flip” in Melbourne is what […]

Springtime in Melbourne Can Prompt Home Décor Decisions

Thursday, March 17th, 2016

There is something about spring that gets everybody at least thinking about fixing up the house, and it’s that time of year again. Throughout the length and breadth of Melbourne, home décor decisions are being pondered. Ambitious landscaping and fix-up plans are being laid, budgets drawn, and troops assembled (the troops will be armed with […]

Home Prices in Melbourne Reflect Remodeling Choices

Tuesday, March 15th, 2016

Here’s an instant spot quiz— (see what comes to mind within a second or two): If you decide to sell your Melbourne home, if you had a crystal ball, what’s the most important detail about the sale result? Quick! Answer! If you’re like seven out of ten people, you were curious about the bottom line: […]

First Step for Choosing the Right Melbourne Real Estate Agent

Sunday, March 13th, 2016

When interviewed following the successful close of their home’s sale, a convincing majority of homeowners say that one of the most decisive factors came early on: choosing the right real estate agent. The reasons given go further than simply chaperoning the business transaction. The right agent does more than pare down the stress level that […]