It was fairly clear that the table had been set for last week’s Federal Reserve meeting to result in a minimal rise in mortgage interest rates. Their Fed Funds rate directly influences the mortgage interest rates that banks observe. Since Henderson real estate activity can be spurred or dampened by the monthly payment amounts Henderson [...]
If you are one of Henderson’s real estate investors (or have been interested in how real estate stacks up against other investment classes), the insights of AIG investment honcho Doug Dachille would likely get your attention. Dachille is American International Group’s Chief Investment Officer. That makes him the decision-maker for the insurance giant’s $350,000,000,000 (that’s [...]
For Henderson real estate watchers, it was The Washington Post that came up with the most interesting angle on last week’s most commented-upon real estate headline—which was that across the U.S., home ownership rates had slipped to 1960s levels. CNBC went with the straight numbers (“Home ownership rates drop to 63.4%”); while website Zerohedge decided [...]
Some of Henderson’s senior residents will verify that The Reader’s Digest was once flat-out the most popular magazine in the country. I don’t know how far back that began, but at one point at least, it was the time-saving way Americans kept up with what was being published in the other magazines (there were lots [...]
One good way my clients get a head start from the word “go!” is the amount of attention their Henderson listing receives. Since that listing is by far the most prominent display piece their property will be presenting to the world of potential buyers, it has to be first-rate. The details must be [...]
Moving Day: for Henderson residents who relish order in their lives, this is one day when no amount of preparation is likely to totally quell the feeling that the world is on the verge of chaos. The day (or days, if the move is one that begins or ends outside Henderson) will predictably end with [...]
It wasn’t exactly huge news, but last week, the revised economic numbers showed improvement! When does that ever happen—when the final revisions come in, don’t they always seem to be in a downward direction? Yet Friday’s release from the Associated Press told a different story. Earlier reports of a slowing U.S. economy had [...]
Those of us who keep abreast of where our Henderson’s home loan interest rates are likely to head haven’t had much to keep track of lately. By the end of last week, that was beginning to change. Ever since the Federal Reserve’s single boost in their Fed Funds rate by a quarter of a percent [...]
Thoughtful Henderson investors find themselves in an increasingly uncertain environment. Although the official cost of living numbers indicate that inflation isn’t much of an issue, few Henderson residents who mind the family budget are convinced. Even if that were currently the case, even fewer think it a situation that will last indefinitely. At the same [...]
The debate continues about whether open houses are effective for marketing Henderson homes. Yes, sales do still originate from them, but the percentages have been declining since social media and online listings changed the way Henderson prospects look for their next home. Whether an open house is likely to garner qualified traffic is a decision [...]
While reading a real estate magazine article about “the pros and cons of buying during the peak selling season,” I was fairly certain (as you probably would be) that, one way or another, the cons wouldn’t outweigh the pros. The Henderson’s peak selling season is certainly prime time whenever there are homes for sale, [...]
The headline had to stop everyone who even glanced at Bloomberg’s Technology section: Henderson readers (even those who are relatively gimmick-immune) would have been hard pressed to pass up last Wednesday’s Bloomberg Technology headline: “Can This Real Estate Gimmick Save the World?” Whether the subject of the article really is a gimmick or “the [...]