The direction of the market is beginning to take shape

There is increased activity

which isn't shocking

the election is over

the Fed dropped interest rates last week

inflation is lowering

and sellers that have held off going on the market

are taking action as we speak

it is shaping up to be an interesting end to the year

Home Builders are making deals to stimulate sales

todays show gives you all the details that you will need to be informed

The builder reps are out in the field and visiting real estate offices

bringing some tastey treats and marketing materials

for anyone that has even a little interest in moving this year

its absolutely worth a look at a move in ready new home

be sure to research the lot premium

investigate closing cost credits and incentives

if the home you are interested in

is the last one available in a subdivision that is closing out

you may be able to negotiate the ever elusive sale price reduction

We are on the cusp of a significant increase in real estate activity

A large number of people that have been "watching and waiting"

Will be jumping back into the market to buy and sell properties

The elections will be over soon

The Federal Reserve will have 2 more meetings this year

November 6-7 and December 17-18

It wouldn't be surprising to have at least 1 interest rate decrease

cheap $ fuels investments for cashflow reasons

Inflation numbers are trending downward

Investors sell properties as part of their end of year tax strategies

Stock market investors also do the same and reallocate into real estate

the short term rental dynamics are changing as well

get ready for a Rocket Ride

Not in the way that you are thinking...

Home prices have gone up after every election but 1 in recent memory

Even if this was not an election year

Market conditions suggest that prices would go up

A few of the leading indicators that I am paying attention to are

Inflation - which is trending lower

Interest Rates - which are also trending lower

Available homes for sale - slowly increasing but not a balanced market yet

Investors Make Moves at the end of the year for tax purposes

There is a real possibility of a holiday surge this year

Keep in mind that investors have 3 possible wins in every property

cash flow - depreciation for tax purposes - increased property value

...is an option for many hurricane affected people

FEMA is a major resource

there is an application process for the affected individuals

it is subject to government funding so apply as early as possible

the state of Florida has set up a small business emergency bridge loan fund

this a temporary program it is needs based and you will need to supply financials

The SBA also has a disaster relief loan program

business and personal financial information is required to apply

at a time when cashflow is a concern

these programs offer the relief that families and businesses alike

need to move forward in the recovery process

...and it happens in an interesting way

it begins with a problem

there is a home that the owner needs to separate from

perhaps due to a job relocation

maybe a change in the family situation

initially the home may be put up for sale

but there are times where the sales price available

simply doesn't make sense

and suddenly it becomes a rental property

that brings in much needed cash

and allows the owner to sell in the future when its more advantageous

for many it works out very well

and they begin to accumlulate more single family properties

the next natural step is to explore multi family rentals

we break that down in detail during todays show

...is easily the most sought after tool in real estate today

oddly enough, there isn't an algorithm that does it for you

and no button extists that gets the price right

if you ask an appraiser...

pricing a property is a bit of an artform

if you ask a realtor...

they might leave you feeling like its an impossible thing that only they can do

if you ask me...

there are 3-4 things that really matter

location

condition

marketing

price

and if you are determined to sell your home

either on your own

or with the help of an agent

think about the danger of the 3 P's