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What's Up With This Real Estate Market?

by Diane Cardano-Casacio & Her Team

Everyone wants to know.... inquiry minds want to know, what is happening with today's real estate market. The truth is the lenders are cracking down and are looking for the best qualified borrowers, shoving people out of the marketplace for purchasing their first home.

Lenders are requiring much higher down payments, better financial documentation and higher credit scores than they did during the boom, cutting back on the number of potential buyers.

Let's talk about affordability and who is purchasing homes today. Roughly 53.8% of all new and existing homes sold nationwide during the first three months of 2008 were affordable to families earning the median household income of $61,500, according to the latest Housing Opportunity Index released Tuesday by Wells Fargo and the National Association of Home Builders (NAHB).

Personally, I feel that the media is the problem with real estate today. They make everything sound 1000 times worse!!!  If we did have such negative press, the market would be able to hold its own!! This is a great time to purchase a home..... prices are low and there are so many mortgage programs out there if you have a decent credit score, especially for first time buyers.

Looking for a lender, call me at 215-576-8666 and I can recommend you to the best mortage company that fits your needs.

Another Date Added For The Savvy Home Seller Seminar

by Diane Cardano-Casacio & Her Team

Free Savvy HOme Seller Seminar Reveals Secret Industry Information TO Maximze $$$

There has nveer been a more important time to attend a Real Estate Educational Seminar to learn how to sell your home for all it's worth in the fastest time, with the least amount of stress.  Home sellers across the country are losing sometimes tens of thousands of dollars because they have priced the home incorrectly and marketed the home ineffectively. The FREE Savvy Home Seller Seminar has arrived! When you leave this short but very infomational seminar, you will know exactly what steps to take. This seminar is being promoted by REMAX Consultants and the Diane Cardano Team. They want to educate you----FOR FREE!

Please join us a the William Penn Inn, fir the Savvy Home Seller Seminar. This seminar is FREE and there is no obligation to buy anything, or to list your home. The ideas presented are simple, powerful, and yes...they are FREE. We anticipate that both dates will be overflowing, so dont' miss out!! You may intie up to tow adult guests to attend this specail event with you. A wonderful meal will be served and seating is limited so an R.S.V.P is required.

We Will Have Questions and Answers On Many TOpics Including The Following:

  • How to STAGE your home so it sells for up to 7-13% more and in only 30 Days$
  • How to choose an EXPERT Realtor to help you fight the 5 home sellig sharks that can eat away at your equity?
  • How to get you home on over 40 websites with one click of a button and why only 1 or 2 websites are just not enough?
  • Learn the 3 Major Mistakes sellers make that causes them to lose thousands$$.
  • Learn where the buyers are and how to entice them to pay you top dollar.
  • Guarantee Your Reservation Today!! This Exclusive Savvy Home Seller Seminar will help youf find answers and take action!

    Choose Your Date: Tuesday June 17th(SOLD OUT), June 18th(SOLD OUT) or June 26th. Starts at 6:30pm.

    Call 800-700-1297 to reserve your seat!!!

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    Photo of Diane Cardano & Associates Real Estate
    Diane Cardano & Associates
    CARDANO Realtors
    1021 Old York Road, Suite 401
    Abington PA 19001
    Office: 215-576-8666
    Fax: 215-576-8677