Thursday, April 22, 2010

Housing Prices and Sales Increase in First Quarter

According to statistics released today by the Rhode Island Association of REALTORS®, the state's housing market showed strong signs of rebounding in the first quarter. Sales of single family homes were up 8.5 percent from first quarter of 2009 and median price rose 7.2 percent, from $180,000 last year to $193,000 this year. The number of distressed sales decreased to 36 percent of all sales, down from 48 percent the year prior. The price of single family properties not selling through short sale or foreclosure was $225,000.


"We're pleased with what we've been seeing. Consumer confidence is growing and the tax credit has helped as well, especially in March when sales increased almost 20 percent. It's still critically important for sellers to be realistic in pricing in order to keep this sales momentum going and achieve a balanced market," commented Karl Martone, President of the Rhode Island Association of REALTORS®..

Sunday, April 18, 2010

FLOOD ASSISTANCE

Federal-State Disaster Recovery Centers (DRCs) will open in Washington and Providence Counties on Tuesday, April 13, the Federal Emergency Management Agency (FEMA) announced. Hours at both DRC locations are 8 a.m. to 7 p.m. daily.

 Washington County                                        Providence County
Wakefield Mall                                               500 Mendon Road                                        
160 Old Tower Hill Road                               Cumberland, RI 02864

South Kingston, RI 02879

Representatives of state, federal, voluntary agencies and the U.S. Small Business Administration will be available to answer questions and provide recovery information. Written materials about various assistance programs are also available to individuals and business owners. No cash, checks, debit cards or vouchers are distributed at DRCs. Centers are for the dissemination of information to assist in disaster recovery.
Those affected by the disaster are encouraged to register for assistance before they visit a DRC by calling 1-800-621-FEMA (3362) or TTY 1-800-462-7585 for hearing- or speech-impaired. Registration can also be done online at www.fema.gov . FEMA's mission is to support our citizens and first responders and to ensure that as a nation we work together to build, sustain, and improve our capability to prepare for, protect against, respond to, recover from, and mitigate all hazards.

Friday, April 9, 2010

SURVEY: AMERICANS PREFER OWNING OVER RENTING

REALTOR MAGAZINE REPORTS:
DESPITE THE CHALLENGES FACING THE HOUSING MARKET, 65 PERCENT OF AMERICANS WOULD STILL PREFER TO OWN A HOME RATHER THAN RENT, ACCORDING TO A FANNIEMAE NATIONAL HOUSING SURVEY. IN ADDITION, 43 PERCENT OF RESPONDENTS CITE SAFETY AS A KEY REASON TO BUY, WHILE 33 PERCENT ARE MOTIVATED TO BUY BECAUSE THEY PERCEIVE SCHOOLS TO BE BETTER IN NEIGHBORHOODS WHERE MOST HOMES ARE OWNED BY THEIR RESIDENTS. THE SURVEY RESULTS RELEASED TUESDAY SHOW THAT BOTH BUYERS AND RENTERS ARE MORE CAUTIOUS THAN THEY USED TO BE. ABOUT 23 PERCENT OF RENTERS SAY THEY WILL BUY A HOME, BUT LATER THAN THEY ONCE HOPED. A FULL 70 PERCENT SAID THEY BELIEVE BUYING A HOME CONTINUES TO BE ONE OF THE SAFEST INVESTMENTS AVAILABLE. THIS COMPARES TO 74 PERCENT WHO THINK PUTTING MONEY INTO A BANK ACCOUNT IS SAFE. ONLY 17 PERCENT BELIEVE BUYING STOCKS IS A SAFE INVESTMENT. ALSO, 60 PERCENT BELIEVE THAT IT WILL BE HARDER FOR THEM TO GET A MORTGAGE TO PURCHASE A HOME THAN IT WAS FOR THEIR PARENTS.

Monday, April 5, 2010

TAX CREDIT DEADLINE COMING FAST

IF YOU ARE THINKING OF GETTING THE $8,000 TAX CREDIT FOR BUYING A HOME, YOU BETTER MOVE FAST. THE DEADLINE TO BE IN A CONTRACT IS SET TO EXPIRE ON APRIL 30, AND TO CLOSE BY JUNE 30TH. IF YOU ARE LOOKING FOR A HOME, IT WOULD BE A SHAME TO MISS OUT ON THE CREDIT BY A COUPLE OF DAYS OR WEEKS. FOR MORE INFORMATION ON THE CREDIT, VISIT MY WEB SITE, SERVICES PAGE.

Tuesday, March 30, 2010

CANCEL YOUR FLOOD INSURANCE !!

HAVE YOU EVER THOUGHT THAT THE FEMA FLOOD INSURANCE MAP WAS WRONG AND THAT YOUR PROPERTY WAS NOT IN A FLOOD ZONE ? WELL, IF YOUR PROPERTY IS NOT FLOODED THIS WEEK, THIS IS A GOOD TIME TO DOCUMENT THESE FACTS AND PRESENT YOUR CASE TO FEMA. MAKE SURE YOUR CAMERA IS SET TO RECORD THE DATE ON THE FRONT OF THE PHOTO, AND TAKE PICTURES ALL AROUND YOUR YARD, ON YOUR STREET, AND IN YOUR HOME. KEEP A COPY OF THIS WEEK'S NEWSPAPER DOCUMENTING THE HISTORICAL LEVELS OF THE RIVERS AND THE HISTORIC FLOODING LEVELS. BECAUSE IF YOUR PROPERTY DID NOT FLOOD IN THIS STORM, WHICH WILL BE RATED BETWEEN A 100 AND 500 YEAR FLOOD EVENT, THEN IT IS A PRETTY SAFE BET, THAT IT WILL NOT IN THE FUTURE. SEND THE PICTURES AND NEWSPAPER ARTICLES TO THE FEMA FLOOD INSURANCE DEPARTMENT TO DISPUTE THE FACT THAT YOU ARE PAYING $1,000 PER YEAR OR MORE FOR FLOOD INSURANCE. GOOD LUCK !

Saturday, February 20, 2010

2010 HANDBOOK

Health:
1. Drink plenty of water.
2. Eat breakfast like a king, lunch like a prince and dinner like a beggar.
3. Eat more foods that grow on trees and plants and eat less food that is manufactured in plants.
4. Live with the 3 E’s --Energy, Enthusiasm and Empathy.
5. Make time to pray.
6. Play more games.
7. Read more books than you did in 2009.
8. Sit in silence for at least 10 minutes each day.
9. Sleep for 7 hours.
10. Take a 10-30 minute walk daily. And while you walk, smile.

Personality:
11. Don’t compare your life to others. You have no idea what their journey is all about.
12. Don’t have negative thoughts on things you can’t control. Instead invest your energy in the positive present moment.
13. Don’t over do. Keep your limits.
14. Don’t take yourself so seriously. No one else does.
15. Don’t waste your precious energy on gossip.
16. Dream more while you are awake.
17. Envy is a waste of time. You already have all you need.
18. Forget issues of the past. Don’t remind your partner with His/her mistakes of the past. That will ruin your present happiness.
19. Life is too short to waste time hating anyone. Don’t hate others.
20. Make peace with your past so it won’t spoil the present.
21. No one is in charge of your happiness except you.
22. Realize that life is a school and you are here to learn. Problems are simply part of the curriculum that appear and fade away like algebra class but the lessons you learn will last a lifetime.
23. Smile and laugh more.
24. You don’t have to win every argument. Agree to disagree.

Society:
25. Call your family often.
26. Each day give something good to others.
27. Forgive everyone for everything.
28. Spend time w/ people over the age of 70 & under the age of 6.
29. Try to make at least three people smile each day.
30. What other people think of you is none of your business.
31. Your job won’t take care of you when you are sick. Your friends will. Stay in touch.

Life:
32. Do the right thing!
33. Get rid of anything that isn’t useful, beautiful or joyful.
34. GOD heals everything.
35. However good or bad a situation is, it will change.
36. No matter how you feel, get up, dress up and show up.
37. The best is yet to come.
38. When you wake up alive in the morning, thank GOD for it.
39. Your Inner most is always happy. So, be happy.

Friday, February 12, 2010

CHECK HOME PRICES IN YOUR NEIGHBORHOOD

CHECK OUT THIS WEB SITE TO SEE IF HOSUING PRICES HAVE STABILIZED IN YOUR NEIGHBORHOOD. GET AN UP TO DATE MARKET ANALYSIS DIRECTLY FROM RI STATEWIDE MLS IN YOUR VERY OWN NEIGHBORHOOD IN JUST MINUTES !

http://www.housevaluesinyourneighborhood.com