Brace

 

September 2011

  

 

Brace Helgeson

 

The Brace Helgeson Group

952-974-3466

BraceHelgeson.com

bhelgeson@cbburnet.com

 

 

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As CDPEs, we can save the 70% of homes going into foreclosure who NEVER call for help because they don't know their options. Do you know anyone having trouble making their house payments?

 

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952-974-3466

 

 

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" You rock! Josie Patterson SOLD OUR HOUSE!!! We believe that she is the sole reason that our home sold as quickly as it did. She was ALWAYS there when we needed her but better yet, she was always at our house eager to show it off. She went the extra mile while helping us stage our home and prepare it for viewing. Once it was perfect for show, SHE was the one that worked each and every open house. Her vast knowledge of our community is second to none. We love her passion for getting the job done! She was always "on it" and at the ready for whatever was thrown at her.  We would recommend her and The Brace Helgeson Group for any of your real estate needs!!" 

 

 

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Welcome

 

Cool nights and crisp mornings remind us that summer is coming to an end. The smell of fall is in the air! Soon the leaves will be changing color and begin to fall. September brings the start of school, football and apple picking at your favorite orchard.

 

September also starts the fall housing season. The interest rates are still low and there are many wonderful houses on the market, so it's a perfect time to buy or sell. Call or email with any of your housing needs.

 

Brace

 
 
   

Homebuilders More Negative On Housing Market

 

by The Associated Press

September 19, 2011

 

U.S. homebuilders' outlook worsened in September, as foreclosures and anxious buyers hurt construction and sales activity.

 

The National Association of Home Builders said Monday that its index of builder sentiment in September fell to 14 from 15. The index has been below 20 for all but one month during the past two years.

 

Any reading below 50 indicates negative sentiment about the housing market. It hasn't reached 50 since April 2006, the peak of the housing boom.

 

Last year, the number of people who bought new homes fell to its lowest level dating back nearly a half-century. Sales this year haven't fared much better.

 

Builders are struggling to compete with foreclosures, which have made the price of re-sale homes more competitive. Many buyers are having difficulty obtaining loans or meeting higher down payment requirements. Low appraisals are scuttling some deals after contracts have been signed and some would-buyers who want to purchase a new home can't sell their old one.

 

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7017 Lanham Ln

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4 Pitfalls First-Time Real Estate Investors Can Avoid

 

Prices might be unbelievably attractive, but the pitfalls of real estate investing are real  

 

September 15, 2011

 

Home prices are expected to continue falling into next year, but according to some real estate experts, that's good news savvy real estate investors can take to the bank.

 

The glut of foreclosures clogging the housing market has driven down home prices, which are now about 33 percent off their 2006 peak. Even with the recent seasonal uptick, prices are still down 4.1 percent compared to June 2010, making purchasing a home more affordable than ever. Meanwhile, rents have risen in 80 of 82 U.S. markets, according to the latest data from REIS, underscoring the demand for rental properties.

 

"Prices have come down, you have low borrowing costs on money, you've got good inventory, and you have high demand for the rental pool," says Charlie Young, president and CEO of ERA Real Estate. "From an investor's perspective, this is a great time to get in at a low cost and have high demand for the product." 

 

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