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Brad Koenig (First Weber-Your Local Home Team): Real Estate Agent in Delafield, Waukesha County, Wisconsin

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Your Local Home Team Blog
 
Tuesday 6th mortgage droning: rates unchanged, UBS and DR Horton news
5/6/2008 11:19 AM


Those of you who are curious about Treasury versus mortgage rate spreads may want to scan this article from the Cleveland Fed. It has some excellent graphs that may be of use in explaining why sometimes Treasury rates don't matter any longer, along with some reasoning why. Plus, it isn't too long, and makes sense.

 
Staging your home does work
5/1/2008 6:22 AM

Staging can be as simple as adding some candles to inside a fireplace to moving some furniture out of a room to make it feel larger.

Here are some tips for properly staging a home:

  • Remove the clutter and clear out the closets to make the home appear more spacious and orderly.
  • Remove family photos, religious symbols, or ......
 
Problems with our current mortgage system.
4/25/2008 6:32 AM

Predatory lending is still out there.  This is an interesting article on a single mother in Rhode Island.

http://realtytimes.com/rtpages/20080425_loanshark.htm

Who is to blame, the lender or the homeowner?  This situation is a every extreme. In this case I......

 
NEW U.S. MONTHLY HOUSE PRICE INDEX ESTIMATES 0.6 PERCENT PRICE INCREASE BETWEEN JANUARY AND FEBRUARY
4/23/2008 9:11 PM

NEW U.S. MONTHLY HOUSE PRICE INDEX ESTIMATES 0.6 PERCENT PRICE INCREASE BETWEEN JANUARY AND FEBRUARY

See http://www.ofheo.gov/newsroom.aspx?ID=429&q1=1&q2=None for more information

I think we are nearing the bot......

 
Upcoming builder/seller seminar
4/23/2008 9:08 PM

Thursday May 16th I will be part of a seminar on building a home as well as selling your home in todays market.

Brookstone homes will be the featured builder. They will walk through the building process and show you that it is not as scary as you may think.  I will be talking about how to sell your home in todays market as well explai......

 
Fannie would rather borrowers NOT walk away, and mortgage investor earnings
4/19/2008 3:03 PM

Here is an update I recieved from one of my lenders. Interesting reading.

Wells Fargo posted a $2 billion profit in the first quarter on record revenue of $10.6 billion, whereas Washington Mutual, the nation's sixth-largest originator, lost $1.14 billion. And JPMorgan Chase did better than both, reporting net income of $2.4 billion for......

 
Market update
4/17/2008 2:25 PM

Housing market update

At least one US government official has spoken out regarding mortgage practices in no uncertain terms; unfortunately he probably had little leverage over lenders generally and still doesn't:

‘Soun......

 
News on Short sales and avoiding foreclosure
4/11/2008 9:16 AM

I was at a class on short sales and avoiding foreclosure yesterday.  I thought I new something but walked out of this seminar with some new knowledge.

I will be creating a website http://www.avoidwisconsinforeclosure.com/ to help out wisconsin families. 

A short sale ......

 
First time home buyers is now the time to buy?
4/8/2008 12:38 PM
First-time Buyers: Is Now the Time to Buy?by Carla L. Davis
Should you buy a house? As a first time homebuyer this can be one of the biggest decisions you've ever faced. Many of the stories in the news media would have you believe that buying a home right now would be too much of a gamble. They use scary figures a......
 
Do you give buyers incentives to purchase your home?
4/8/2008 12:32 PM

Interesting article on msn on giving incentives to help sell your home.  I have seen in wisconsin sellers giving away trips and cash.  Keep in mind some lenders may frown on that practice.  Are they loaning money on the home or the home and the $3000 big screen tv?



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