Robert Adams Massachusetts Real Estate

Ever thought about buying via USDA in MA or RI? We can HELP!

8/7/2014

According to BUYUSDA.com "USDA mortgages are the only no money down home purchase program available to borrowers who have not served in the military."

Here is a map showing highlighted ineligible USDA areas:
http://www.buyusda.com/assets/ma-and-ct.jpg

Best Regards,
Robert Adams
Licensed Real Estate Broker in MA, RI, & NV

MA & RI Real Estate Broker at Sankey Real Estate
C: 508-250-0345
[email protected]
http://www.MArealestateHELP.com

[email protected]
http://www.RIrealestateHELP.com

NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies
C:702-349-9175
[email protected]
http://www.LVrealestateHELP.com

1 Comment

Trulia enters into definitive agreement to be acquired by Zillow

8/6/2014

1 Comment

I received 2 emails from the CEO of Trulia and the CEO of Zillow as seen below. I have read that the merger is to be finalized in 2015, pending regulatory approval and the approval of the shareholders.

"The real story to me here is how did Move Inc (the operators of Realtor.com) fall asleep at the wheel and allow 2 third party websites that have a ton of inaccurate data surpass Realtor.com who has the most updated/accurate data. There were rumors of Trulia trying to acquire Move Inc prior to this Zillow/Trulia merger. The marketing team at Move Inc needs to step up their game if is not already too late." ~ Robert Adams

As a valued Trulia customer, I wanted to reach out personally to let you know that we have just announced that Trulia has entered into a definitive agreement to be acquired by Zillow. You can read the details in the complete press release here: ir.trulia.com.

This will be a new and exciting chapter for all of us. The combination of the two companies sets the stage for us to accelerate innovation and to provide more valuable tools and services to consumers and professionals.

Trulia and Zillow will continue to operate as separate and distinct brands once the transaction closes. We will continue to offer buyers, sellers, homeowners and renters access to vital information about homes and real estate for free and provide advertising and software that help you grow your business.

As additional details about the acquisition become available, we will make sure to let you know. For now, it’s business as usual at Trulia. Our focus and commitment to connecting you with consumers and helping you close more transactions remains the top priority of our entire team.

Regards,
Pete Flint
Trulia CEO

Because of your importance as a Premier Agent, I wanted you to be among the first to learn we have just announced that Zillow has entered into a definitive agreement to acquire Trulia. You can read the full press release here.

I'm really excited about this opportunity, but I am sure the news will lead to a number of questions. The most important thing I can stress is that this combination of companies sets the stage for us to offer even more real estate tools and services to empower consumers, and thus has the ability to drive even more business your way.

We expect to maintain both the Zillow and Trulia consumer brands, as both will continue to offer buyers and sellers access to vital information about homes and real estate, providing an important bridge to local agents such as yourself. Both companies will continue to develop and deliver advertising and software solutions that help real estate professionals grow their business.

This acquisition requires shareholder and regulatory approval, which might take several months. We will provide additional details as they become available. For now, it's business as usual for both companies. Our daily focus and strong commitment to Zillow Premier Agents remain unchanged and of the utmost importance to our entire team.

Regards,
Spencer Rascoff
Zillow CEO

Best Regards,
Robert Adams
Licensed Real Estate Broker in MA, RI, & NV

MA & RI Real Estate Broker at Sankey Real Estate
C: 508-250-0345
[email protected]
http://www.MArealestateHELP.com

[email protected]
http://www.RIrealestateHELP.com

NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies
C:702-349-9175
[email protected]
http://www.LVrealestateHELP.com

1 Comment

There's One Big Red Flag In The US Housing Market Data.

7/1/2014

1 Comment

U.S. home sales stats have turned up sharply following the bleak winter numbers.

This week, we learned existing home sales rose at a stronger-than-expected pace in May while new home sales saw its biggest month-over-month increase in 22 years.

This has raised some chatter about a housing snapback.

But there is still one red flag: weak mortgage demand.

"Homebuilders likely are gaining market share from private sellers - builders are more motivated sellers, and have better access to information - but sales cannot trend higher indefinitely with mortgage demand still so weak," wrote Jana McTigue at Pantheon Macroeconomics.

Mortgage applications have been close to "rock-bottom levels," Ed Stansfield at Capital Economics wrote in a note earlier this month.

Stansfield also points out that while lenders have loosened their credit standards by a bit, they still expect borrowers to "have an above-average credit rating" and have "total debt payments on the mortgage and other loans" at 37% of income or less.

This chart from Shepherdson at Pantheon Macroeconomics shows the difference between existing home sales and mortgage applications:

Pantheon Macroeconomics

And there's this interesting chart from Bank of America's Michelle Meyer that uses Google Trends to chart the search for "homes for sale" against the search for "mortgage calculator."

"Presumably after a person finds a property of interest, a natural next step would be to determine if it is affordable," writes Meyer. "We have not seen an increase in such searches. Perhaps this is because prospective buyers are discouraged by the lack of inventory or the asking price. Either way, it suggests that buyers are curious, but not committed at this point:"

Written by Mamta Badkar Read the full article HERE

Best Regards,
Robert Adams
Licensed Real Estate Broker in MA, RI, & NV

MA & RI Real Estate Broker at Sankey Real Estate
C: 508-250-0345
[email protected]
http://www.MArealestateHELP.com

[email protected]
http://www.RIrealestateHELP.com

NV Broker/Salesman at The Adams Team at Rothwell Gornt Companies
C:702-349-9175
[email protected]
http://www.LVrealestateHELP.com

1 Comment

Happy New Homeowners in Attleboro, MA! Looking for a new home for you and your family? Let me HELP you!

6/1/2014

I received 2 emails from the CEO of Trulia and the CEO of Zillow as seen below. I have read that the merger is to be finalized in 2015, pending regulatory approval and the approval of the shareholders.

Blog Author:

﻿CLICK HERE to Read Our Reviews﻿

Blog Archives:

Categories

CLICK HERE to Read Our Reviews