Joe Gonzalez at CrossCountry Mortgage, Inc.
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Should You Brace For A Potential Market Downturn Next Year?

Posted on August 15, 2019 by joeglez

Don’t panic, a looming recession may be good news for those wanting to sell their homes. The experts say this recession may happen in 2020, so there is still plenty of time to make plans for how to deal with a potential economic downturn.

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Posted in Real Estate | Tags: Market Outlook, Market Trends, Real Estate |

A $400,000 Profit From Flipping A Single House?

Posted on August 14, 2019 by joeglez

Flipping homes is popular once again. It took about eight years after the Great Recession that started in 2006 for home prices to rebound to the levels seen before the recession. Then, by 2016, in many areas, home prices started to rapidly increase.

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Posted in Real Estate | Tags: Market Conditions, Market Trends, Real Estate |

How Important Is The Land Around A Potential Home?

Posted on August 13, 2019 by joeglez

When viewing a potential home, how much consideration should you give to the surrounding land?

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Posted in Real Estate | Tags: Land Value, Property Investment, Real Estate |

What’s Ahead For Mortgage Rates This Week – August 12th, 2019

Posted on August 12, 2019 by joeglez

Last week’s economic releases included readings on consumer credit, job openings and weekly reports on mortgage rates and first-time jobless claims.

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Posted in Financial Reports | Tags: Financial Reports, Interest Rates, Mortgage Rates |

4 Simple Tips To Make Sure Your Home Smells Inviting

Posted on August 9, 2019 by joeglez

As a diligent home seller, you’ve taken all your real estate agent’s advice about preparing your home for showings. You’ve de-cluttered, enhanced curb appeal and developed efficient strategies for leaving your home while viewings are taking place.

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Posted in Real Estate | Tags: Home Selling Tips, Open House, Real Estate |

How To Find Motivated Sellers In Your Real Estate Market

Posted on August 8, 2019 by joeglez

Bargains in real estate may come from identifying motivated sellers who are willing to let a property go for less than it is really worth. Real estate investors who acquire properties at a discount from current market value enhance their success by increasing their profit potential. Real estate agents who list properties owned by motivated sellers increase their chances to sell a property quickly and have happy sellers who might refer them in the future.

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Posted in Real Estate | Tags: Investment Property, Market Trends, Real Estate |

New York Penthouse Sells For $238 Million – Is This A Real Estate Bubble About To Burst?

Posted on August 7, 2019 by joeglez

The most expensive home sold in America, so far, was a New York penthouse that sold for $238 million in January 2019. It is on the top of a building that overlooks Central Park. The 26-story luxury condo building designed by Robert A. M Stern is nearly all sold out.

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Posted in Real Estate | Tags: Market Outlook, Market Trends, Real Estate |

Fed Lowers Key Interest Rate For First Time Since Great Recession

Posted on August 6, 2019 by joeglez

The Federal Open Market Committee of the Federal Reserve announced the first rate cut to its key interest rate range since the Great Recession ushered in a series of rate cuts described as “quantitative easing.” The Fed committee confirmed a quarter-point cut to 2.00 to 2.25 percent.

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Posted in Federal Reserve | Tags: Fed, FOMC, Interest Rates |

Why Do People Stage Homes To Sell?

Posted on August 2, 2019 by joeglez

If you’re selling your home, your real estate agent has likely advised you to stage your home to sell. But why exactly do people stage homes to sell? Some people go to great lengths to stage their home too, even going so far as moving possessions into storage units or renting furnishings!

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Posted in Real Estate | Tags: Home Selling Tips, Home Staging, Real Estate |

Case-Shiller: Home Prices Growth Slows in March

Posted on August 1, 2019 by joeglez

Home price growth slowed again in May according to Case-Shiller home price indices. Home price growth slowed for the 14th consecutive month to its lowest rate in 12 years. Case-Shiller’s National Home Price Index showed 3.40 percent growth year-over-year in May as compared to April’s year-over-year reading of 3.50 percent.

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Posted in Market Outlook | Tags: Case Shiller, Market Outlook, Market Trends |

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