Free Home Valuation (CMA)

The correct selling price of a home is the highest price that the market will bear. To assist you in determining the correct asking price we provide you with a comprehensive market analysis of comparable properties sold and offered for sale in your neighborhood.To provide a more detailed Comparative Market Analysis, we would be more than happy to also assess your listing in person. Simply enter your criteria at the link listed below, and we will provide you with a speedy response. The more information given, the more accurate the evaluation. All information you provide is secure and will be kept strictly confidential. There is no obligation. Please indicate when you are thinking of selling and if you are moving within Ithaca or relocating outside Ithaca. Fill out the information and submit the form at: http://www.soldonithaca.com/dml_cma.html

MOST AFFORDABLE PLACES TO LIVE WELL

MOST AFFORDABLE PLACES TO LIVE WELL
It's possible to enjoy such amenities without the hassles. Step one? Look for more affordable spots that offer a similar or better quality of life, and where the dollar goes far. (Source: Yahoo Finance) More Information . . .

IMPROVEMENT IN MORTGAGE MARKET BODES WELL FOR HOUSING IN 2008

Conditions in the mortgage market are improving for consumers, which should help to release some pent-up demand in early 2008, according to the latest forecast by the National Association of REALTORS®. (Source: Realtor.com) More Information . . .

NEW HOMES NO LONGER SUPERSIZED

NEW HOMES NO LONGER SUPERSIZED
With the nation's housing market in a slump and the mortgage market in disarray, many home builders are putting up fewer supersize homes and offering smaller floor plans. That seems to be what buyers suddenly want in an era of high prices and tougher financing. (Source: MSN Real Estate) More Information . . .

Why Rent When You Can Own this Affordable Home?

Lots of light & wood in this cozy 2 bedroom home with 2 car garage. Original one story home with two story addition offers a lot of charm. Sited well back from the road. Virtual Tour at:
http://www.8828route89.com/

Buy Retirement Home Now, Move in Later

Buy Retirement Home Now, Move in Later With prices in many areas at a low ebb, it may make sense to buy a retirement home now and rent it out until you're ready to move. Read more >

EFFECTS OF MOLD ON REAL ESTATE

BANKERS' GROUP REVISITS EFFECTS OF MOLD ON REAL ESTATE
Concerns about mold and its potential effects on indoor air quality and property values appear to have taken a back seat to other real estate issues, but that doesn't mean that someone isn't thinking about. (Source: Realty Times) Full Story . . .

Tighter lending standards affect April existing-home sales

Total existing-home sales, including single-family, townhomes, condominiums and co-ops fell 2.6 percent to a seasonally adjusted annual rate of 5.99 million units in April from an upwardly revised level of 6.15 million in March, and are 10.7 percent lower than the 6.71 million-unit pace in April 2006. “We’ve been anticipating slower home sales because many subprime loan products are no longer available,” said NAR Senior Economist Lawrence Yun. “In addition, increased scrutiny by lenders is stopping risky mortgage origination, which is good for both consumers and the lending community.”The national median existing-home price for all housing types was $220,900 in April, down 0.8 percent from April 2006 when the median was $222,600. Total housing inventory rose 10.4 percent at the end of April to 4.20 million existing homes available for sale, which represents an 8.4 month supply at the current sales pace, up from a 7.4 month supply in March.

Manufactured Homes

Manufactured Homes - Not Tin Cans on Wheels

Factory-built homes have suffered an image problem, but experts say they've become good investments. One hurdle that remains is financing.

Complementary Home Valuation

The correct selling price of a home is the highest price that the market will bear. To assist you in determining the correct asking price we provide you with a comprehensive market analysis of comparable properties sold and offered for sale in your neighborhood.To provide a more detailed Comparative Market Analysis, we would be more than happy to also assess your listing in person. Simply enter your criteria at the link listed below, and we will provide you with a speedy response. The more information given, the more accurate the evaluation. All information you provide is secure and will be kept strictly confidential. There is no obligation. Please indicate when you are thinking of selling and if you are moving within Ithaca or relocating outside Ithaca. Fill out the information and submit the form at ...http://dianemclafferty.point2agent.com/Home_Evaluation/page_163208.html

ARM LOANS

Arms, in my opinion, are suitable for a only very small slice of the borrowing public; specifically, those of very high credit quality with high net worth, who use it as a tool to manage cash flow. An option-ARM should NEVER be used simply to be able to afford a mortgage that under normal circumstances would be out of reach; that is just stupid and asking for disaster.

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HOUSING FORECAST CHANGED SLIGHTLY DUE TO IMPACT FROM TIGHTER LENDING

Housing activity this year will be somewhat lower than in earlier NAR forecasts, with clearer analysis of the effects of stricter lending standards and a decline in subprime mortgage origination, according to the latest projections by the National Association of REALTORS®. (Source: NAR) Full Story . . .

FREE Comparative Market Analysis for Ithaca Sellers

The correct selling price of a home is the highest price that the market will bear. To assist you in determining the correct asking price we provide you with a comprehensive market analysis of comparable properties sold and offered for sale in your neighborhood.

To provide a more detailed Comparative Market Analysis, we would be more than happy to also assess your listing in person. Simply enter your criteria at the link listed below, and we will provide you with a speedy response. The more information given, the more accurate the evaluation. All information you provide is secure and will be kept strictly confidential. There is no obligation. Please indicate when you are thinking of selling and if you are moving within Ithaca or relocating outside Ithaca.

Fill out the information and submit the form at ...

http://dianemclafferty.point2agent.com/Home_Evaluation/page_163208.html

GREEN HOME BUYERS PAY, SAVE MORE

Oh sure, home buyers who've purchased those new fangled "green" homes are pretty pleased with themselves. They dug deep to afford the extra cost of buying green, they rode the green home technology learning curve and, given the short supply of green homes, they managed to find a green house where they really want to live -- whatever it takes to help the species control its petrol habit and keep the habitat from heating up, washing out or losing other species. But what really gets green home owners tickled pick is their reduced operating costs. (Source: Realty Times)

Full Story . . .

Countrywide: Feds Might Worsen Subprime Loss

Countrywide: Feds Might Worsen Subprime Loss

Don't apply tighter standards to borrowers trying to refinance their way out of a shaky loan, says Countrywide CEO Angelo Mozilo. Read more >

WEATHER HITS MARCH EXISTING-HOME SALES AFTER THREE MONTHLY GAINS

Unusually bad winter weather in February curtailed home shopping, slowing sales that closed in March, which may have been dampened further by a decrease in subprime lending volume, according to the National Association of REALTORS®. (Source: NAR) Full Story . . .

Cayuga Lake Front Cottage

Cayuga Lake Front Cottage ~ very well maintained.

West side of the lake in “Wine Country”. A road to the back door and to the beach as well. Cozy Granite stone fireplace, vaulted ceilings, gleaming hardwood floors, galley kitchen with wood block, Large 24 x 13 screened in porch. 13 x 12 outside deck for the BBQ and lounging. Three bedrooms, sky lights, bunk beds & stacked washer and dryer. Newer appliances. Lawn and Dock & beach. Good fishing ~ relax. MLS # 123847

How Much Earnest Money Is the Right Amount?

How Much Earnest Money Is the Right Amount?

In many markets, deposit money is shrinking as buyers seek 100 percent financing. Read more >