Tuesday, April 24, 2007
EL MERCADO FAVORABLE A LOS COMPRADORES PUEDE ESTAR LLEGANDO A SU FIN
JOSE RAUL MARRERO
REAL ESTATE BROKER LIC
UN GRANDIOSO DIA PARA TODOS
DEBIDO A PROBLEMAS TECNICOS FUERA DE NUESTRO CONTROL ESTA SECCION ESTUVO FUERA DE SERVICIO POR UNA CANTIDAD CONSIDERABLE DE TIEMPO.
ESTAMOS DE REGRESO
BUENO, EL MERCADO DE BIENES RAICES ESTA EXPERIMENTANDO UNOS DRAMATICOS CAMBIOS. POR UN LADO LA CANTIDAD DE PROPIEDADES ENTRANDO A FORECLOSURES ES DRAMATICA. MUCHAS DE LAS RAZONES SE DEBEN A LA LAMENTABLE PRACTICA DE CUALIFICAR INDEBIDAMENTE A LOS ASPIRANTES A DUENOS CON PRESTAMOS AJUSTABLES QUE LAS PERSONAS NO TIENEN LA CAPACIDAD DE PAGAR.
EN OTROS CASOS, MUCHOS LIGADOS A LA INDUSTRIA DE LAS HIPOTECAS OFRECIAN PRESTAMOS DE INTERES AJUSTABLES DE TERMINO DE DOS ANOS. ESTO SIGNIFICABA QUE LOS PRIMEROS DOS ANOS TU PAGO HIPOTACARIO SE MANTENDRIA FIJO. UNA VEZ CUMPLIDO EL TERMINO DE 24 MESES SE LE SUJERIA QUE REFINANCIARA A UN PRESTAMO DE INTERES FIJO.USTED TENIA PENALIDAD SI INTENTABA VENDER ANTES DE LOS 24 MESES.
PERO ENTONCES ESTA SUCEDIENDO LO INESPERADO. DEBIDO A LA GRAN CANTIDAD DE PROPIEDADES EN VENTA LOS PRECIOS DE ALGUNAS PROPIEDADES HAN BAJADO EN UN EFECTO DOMINO. SI POR EJEMPLO ADQUIRISTE UNA PROPIEDAD EN 200,000.CON UN FINANCIAMINETO DE 100% Y EL MES QUE VIENE SE CUMPLEN LOS 24 MESES. AHORA VAZ A BUSCAR REFINANCIAR Y UN VECINO TUYO VENDIO EN $175,000.00 POR QUE NECESITABA URGENTEMENTE VENDER. EL RESULTADO ES QUE EL BANCO NO TE BRINDARA REFINANCIAMIENTO EN TERMINOS FAVORABLES POR QUE LA PROPIEDAD NO TIENE AHORA EL EQUITY ESPERADO. AL NO PODER REFINANCIAR Y PASAR LOS 24 MESES TU PAGO SE DISPARA DE ACUERDO AL CAPS (LIMITE DE AJUSTE DE INTERES).
MUCHOS NO PUEDEN CON ESTE NUEVO ESCENARIO QUE ESTA SUCEDIENDO PRINCIPALMENTE CON SEGUNDAS RESIDENCIAS Y NECESITAN DESESPERADAMENTE VENDER Y SE SIGUE INUNDANDO EL MERCADO CON VENTAS DE CASAS POR DEBAJO DEL PRECIO DE VENTA.
POR ESO INSISTO QUE ES EL MEJOR MOMENTO PARA COMPRAR.
POR OTRO LADO ESTAN COMPITIENDO CON LOS NUEVOS PROYECTOS QUE SON TREMENDA ALTERNATIVA. ESTOS CONTINUAN AUMENTANDO LOS INCENTIVOS PARA LA COMPRA.COMO CORREDOR DE BIENES RAICES ENTIENDO QUE LOS VACATIONS HOMES EN LAS INMEDIACIONES DE LA ZONA TURISTICA CON ALTO VOLUMEN DE DEMANDA DE RENTA CORTA SON LA MEJOR ALTERNATIVA DE COMPRA ACTUALMENTE. DISNEY ES Y SEGUIRA SIENDO EL DESTINO TURISTICO NUMERO UNO MUNDIAL. AHORA MISMO HAY COMPANAS DE RENTA CORTA QUE ME ESTAN INFORMANDO QUE LA INDUSTRIA ESTA FUERTE Y EN ALGUNOS CASOS SE ESTAN RENTANDO HASTA $125 POR DIA.UNA VEZ EL MERCADO SE ESTABILIZE ENTIENDO QUE LA CAPITALIZACION MAS DRAMATICA SE ESTARA DANDO EN ESTOS CASOS.
TENEMOS UN TREMENDO PROYECTO DISPONIBLE CON GRANDES INCENTIVOS A LA VENTA.
LLAMANOS AL 407 436-5140 PARA DETALLES ADICIONALES.
POR OTRO LADO HAY SENALES DE CAMBIO DE MERCADO, POR EJEMPLO SE ESTA COMENZANDO A VER EL AUMENTO DE VENTAS DE RESIDENCIAS A NIVEL DE ESTADOS UNIDOS
A CONTINUACION LA NOTICIA EN DETALLE.
Existing home sales rise again in February, says NAR
WASHINGTON – March 23, 2007 – Existing-home sales rose strongly in February following a healthy gain in January, reaching the highest level since last April, according to the National Association of Realtors® (NAR).
Total existing home sales –including single-family, townhomes, condominiums and co-ops – rose 3.9 percent to a seasonally adjusted annual rate of 6.69 million units in February from a downwardly revised level of 6.44 million in January, but are 3.6 percent below the 6.94 million-unit pace in February 2006. Last month’s increase was the biggest monthly rise in three years – sales also rose 3.9 percent in March 2004.
David Lereah, NAR’s chief economist, says the strong gain is a bit of a surprise. “Some of the rise in home sales may be from mild weather that brought out shoppers in December, but fundamentals have improved in the housing market and buyers see a window now with historically-low mortgage interest rates and competitive pricing by sellers,” he says. “Even so, winter storms last month discouraged shopping, and buyers were chilled with the third coldest February on record. These unusual weather patterns mean home sales that close in March may decline before rebounding later this spring.”
According to Freddie Mac, the national average commitment rate for a 30-year, conventional, fixed-rate mortgage was 6.16 percent in the last week, down from an average of 6.29 percent in February. The 30-year fixed was 6.22 percent in January, and 6.25 percent in February 2006.
The national median existing-home price for all housing types was $212,800 in February, down 1.3 percent from February 2006 when the median was $215,700. The median is a typical market price where half of the homes sold for more and half sold for less.
NAR President Pat Vredevoogd Combs says the median home price currently is distorted. “Over the last year, we’ve seen declining sales in many high-cost areas but rising activity in lower cost markets,” she says. “This change in the geographic composition of sales means we aren’t getting apples-to-apples comparisons in median home prices from a year ago.”
Other indices examining sales of the same properties over time, such as the OFHEO House Price Index, have been showing price gains; however, the OFHEO index is limited to conventional financing.
“What’s really happening is probably somewhere in between the different measures, but home prices are soft – a year ago we were still seeing bidding pressures and double-digit price growth,” Combs says. “Overall, home prices should rise slowly this year, and many buyers have an opportunity now that was only a dream during the five-year boom.”
Total housing inventory levels rose 5.9 percent at the end of February to 3.75 million existing homes available for sale, which represents a 6.7-month supply at the current sales pace compared with a 6.6-month supply in January. Raw inventories peaked last July at 3.86 million, and supplies topped at 7.4 months in October.
Single-family home sales increased 3.7 percent to a seasonally adjusted annual rate of 5.88 million in February from 5.67 million in January, but are 3.4 percent below the 6.09 million-unit pace in February 2006. The median existing single-family home price was $211,100 in February, down 1.5 percent from a year ago.
Existing condominium and co-op sales jumped 5.3 percent to a seasonally adjusted annual rate of 810,000 units in February from a level of 769,000 in January, but are 5.2 percent below the 854,000-unit pace in February 2006. The median existing condo price was $225,400 in February, up 0.5 percent from a year earlier.
Regionally, existing-home sales in the Northeast surged 14.2 percent to a level of 1.21 million in February, and are 3.4 percent higher than February 2006. The median existing-home price in the Northeast was $265,900, down 1.4 percent from a year earlier.
In the Midwest, existing-home sales rose 3.9 percent in February to a level of 1.58 million, but are 1.9 percent below a year ago. The median price in the Midwest was $157,000, down 1.3 percent from February 2006.
Existing-home sales in the South increased 1.6 percent to an annual sales rate of 2.58 million in February, but are 4.4 percent below February 2006. The median price in the South was $175,900, down 2.9 percent from a year ago.
Existing-home sales in the West were unchanged in February, holding at an annual pace of 1.32 million, and are 9.6 percent lower than a year ago. The median price in the West was $337,100, up 2.2 percent from February 2006.
© 2007 FLORIDA ASSOCIATION OF REALTORS
JOSE RAUL MARRERO
TODOS SOMOS GUERREROS DE LUZ!
REAL ESTATE BROKER LIC
UN GRANDIOSO DIA PARA TODOS
DEBIDO A PROBLEMAS TECNICOS FUERA DE NUESTRO CONTROL ESTA SECCION ESTUVO FUERA DE SERVICIO POR UNA CANTIDAD CONSIDERABLE DE TIEMPO.
ESTAMOS DE REGRESO
BUENO, EL MERCADO DE BIENES RAICES ESTA EXPERIMENTANDO UNOS DRAMATICOS CAMBIOS. POR UN LADO LA CANTIDAD DE PROPIEDADES ENTRANDO A FORECLOSURES ES DRAMATICA. MUCHAS DE LAS RAZONES SE DEBEN A LA LAMENTABLE PRACTICA DE CUALIFICAR INDEBIDAMENTE A LOS ASPIRANTES A DUENOS CON PRESTAMOS AJUSTABLES QUE LAS PERSONAS NO TIENEN LA CAPACIDAD DE PAGAR.
EN OTROS CASOS, MUCHOS LIGADOS A LA INDUSTRIA DE LAS HIPOTECAS OFRECIAN PRESTAMOS DE INTERES AJUSTABLES DE TERMINO DE DOS ANOS. ESTO SIGNIFICABA QUE LOS PRIMEROS DOS ANOS TU PAGO HIPOTACARIO SE MANTENDRIA FIJO. UNA VEZ CUMPLIDO EL TERMINO DE 24 MESES SE LE SUJERIA QUE REFINANCIARA A UN PRESTAMO DE INTERES FIJO.USTED TENIA PENALIDAD SI INTENTABA VENDER ANTES DE LOS 24 MESES.
PERO ENTONCES ESTA SUCEDIENDO LO INESPERADO. DEBIDO A LA GRAN CANTIDAD DE PROPIEDADES EN VENTA LOS PRECIOS DE ALGUNAS PROPIEDADES HAN BAJADO EN UN EFECTO DOMINO. SI POR EJEMPLO ADQUIRISTE UNA PROPIEDAD EN 200,000.CON UN FINANCIAMINETO DE 100% Y EL MES QUE VIENE SE CUMPLEN LOS 24 MESES. AHORA VAZ A BUSCAR REFINANCIAR Y UN VECINO TUYO VENDIO EN $175,000.00 POR QUE NECESITABA URGENTEMENTE VENDER. EL RESULTADO ES QUE EL BANCO NO TE BRINDARA REFINANCIAMIENTO EN TERMINOS FAVORABLES POR QUE LA PROPIEDAD NO TIENE AHORA EL EQUITY ESPERADO. AL NO PODER REFINANCIAR Y PASAR LOS 24 MESES TU PAGO SE DISPARA DE ACUERDO AL CAPS (LIMITE DE AJUSTE DE INTERES).
MUCHOS NO PUEDEN CON ESTE NUEVO ESCENARIO QUE ESTA SUCEDIENDO PRINCIPALMENTE CON SEGUNDAS RESIDENCIAS Y NECESITAN DESESPERADAMENTE VENDER Y SE SIGUE INUNDANDO EL MERCADO CON VENTAS DE CASAS POR DEBAJO DEL PRECIO DE VENTA.
POR ESO INSISTO QUE ES EL MEJOR MOMENTO PARA COMPRAR.
POR OTRO LADO ESTAN COMPITIENDO CON LOS NUEVOS PROYECTOS QUE SON TREMENDA ALTERNATIVA. ESTOS CONTINUAN AUMENTANDO LOS INCENTIVOS PARA LA COMPRA.COMO CORREDOR DE BIENES RAICES ENTIENDO QUE LOS VACATIONS HOMES EN LAS INMEDIACIONES DE LA ZONA TURISTICA CON ALTO VOLUMEN DE DEMANDA DE RENTA CORTA SON LA MEJOR ALTERNATIVA DE COMPRA ACTUALMENTE. DISNEY ES Y SEGUIRA SIENDO EL DESTINO TURISTICO NUMERO UNO MUNDIAL. AHORA MISMO HAY COMPANAS DE RENTA CORTA QUE ME ESTAN INFORMANDO QUE LA INDUSTRIA ESTA FUERTE Y EN ALGUNOS CASOS SE ESTAN RENTANDO HASTA $125 POR DIA.UNA VEZ EL MERCADO SE ESTABILIZE ENTIENDO QUE LA CAPITALIZACION MAS DRAMATICA SE ESTARA DANDO EN ESTOS CASOS.
TENEMOS UN TREMENDO PROYECTO DISPONIBLE CON GRANDES INCENTIVOS A LA VENTA.
LLAMANOS AL 407 436-5140 PARA DETALLES ADICIONALES.
POR OTRO LADO HAY SENALES DE CAMBIO DE MERCADO, POR EJEMPLO SE ESTA COMENZANDO A VER EL AUMENTO DE VENTAS DE RESIDENCIAS A NIVEL DE ESTADOS UNIDOS
A CONTINUACION LA NOTICIA EN DETALLE.
Existing home sales rise again in February, says NAR
WASHINGTON – March 23, 2007 – Existing-home sales rose strongly in February following a healthy gain in January, reaching the highest level since last April, according to the National Association of Realtors® (NAR).
Total existing home sales –including single-family, townhomes, condominiums and co-ops – rose 3.9 percent to a seasonally adjusted annual rate of 6.69 million units in February from a downwardly revised level of 6.44 million in January, but are 3.6 percent below the 6.94 million-unit pace in February 2006. Last month’s increase was the biggest monthly rise in three years – sales also rose 3.9 percent in March 2004.
David Lereah, NAR’s chief economist, says the strong gain is a bit of a surprise. “Some of the rise in home sales may be from mild weather that brought out shoppers in December, but fundamentals have improved in the housing market and buyers see a window now with historically-low mortgage interest rates and competitive pricing by sellers,” he says. “Even so, winter storms last month discouraged shopping, and buyers were chilled with the third coldest February on record. These unusual weather patterns mean home sales that close in March may decline before rebounding later this spring.”
According to Freddie Mac, the national average commitment rate for a 30-year, conventional, fixed-rate mortgage was 6.16 percent in the last week, down from an average of 6.29 percent in February. The 30-year fixed was 6.22 percent in January, and 6.25 percent in February 2006.
The national median existing-home price for all housing types was $212,800 in February, down 1.3 percent from February 2006 when the median was $215,700. The median is a typical market price where half of the homes sold for more and half sold for less.
NAR President Pat Vredevoogd Combs says the median home price currently is distorted. “Over the last year, we’ve seen declining sales in many high-cost areas but rising activity in lower cost markets,” she says. “This change in the geographic composition of sales means we aren’t getting apples-to-apples comparisons in median home prices from a year ago.”
Other indices examining sales of the same properties over time, such as the OFHEO House Price Index, have been showing price gains; however, the OFHEO index is limited to conventional financing.
“What’s really happening is probably somewhere in between the different measures, but home prices are soft – a year ago we were still seeing bidding pressures and double-digit price growth,” Combs says. “Overall, home prices should rise slowly this year, and many buyers have an opportunity now that was only a dream during the five-year boom.”
Total housing inventory levels rose 5.9 percent at the end of February to 3.75 million existing homes available for sale, which represents a 6.7-month supply at the current sales pace compared with a 6.6-month supply in January. Raw inventories peaked last July at 3.86 million, and supplies topped at 7.4 months in October.
Single-family home sales increased 3.7 percent to a seasonally adjusted annual rate of 5.88 million in February from 5.67 million in January, but are 3.4 percent below the 6.09 million-unit pace in February 2006. The median existing single-family home price was $211,100 in February, down 1.5 percent from a year ago.
Existing condominium and co-op sales jumped 5.3 percent to a seasonally adjusted annual rate of 810,000 units in February from a level of 769,000 in January, but are 5.2 percent below the 854,000-unit pace in February 2006. The median existing condo price was $225,400 in February, up 0.5 percent from a year earlier.
Regionally, existing-home sales in the Northeast surged 14.2 percent to a level of 1.21 million in February, and are 3.4 percent higher than February 2006. The median existing-home price in the Northeast was $265,900, down 1.4 percent from a year earlier.
In the Midwest, existing-home sales rose 3.9 percent in February to a level of 1.58 million, but are 1.9 percent below a year ago. The median price in the Midwest was $157,000, down 1.3 percent from February 2006.
Existing-home sales in the South increased 1.6 percent to an annual sales rate of 2.58 million in February, but are 4.4 percent below February 2006. The median price in the South was $175,900, down 2.9 percent from a year ago.
Existing-home sales in the West were unchanged in February, holding at an annual pace of 1.32 million, and are 9.6 percent lower than a year ago. The median price in the West was $337,100, up 2.2 percent from February 2006.
© 2007 FLORIDA ASSOCIATION OF REALTORS
JOSE RAUL MARRERO
TODOS SOMOS GUERREROS DE LUZ!
