by Michael Olear | Nov 28, 2014 | Buffalo, NY Real Estate
From Zillow.com: Mortgage rates hit 16-month lows in mid-October, spent three weeks slowly inching up, and have now dipped back to those lows. Rates rise and fall when bond markets sell off or rally, respectively, based on how they?interpret daily economic news and...
by Michael Olear | Nov 26, 2014 | Buffalo, NY Real Estate
From Zillow.com: As you prepare to buy or sell a residential property, you may wonder about the roles of?the various team members involved in the transaction. It?s not uncommon to feel confused?about how?agents, attorneys and brokers?function in the process, so here?s...
by Michael Olear | Nov 25, 2014 | Buffalo, NY Real Estate
From Keeping Current Matters: After it was announced that Fannie Mae and Freddie Mac would again make available mortgage loans requiring as little as a 3% down payment, many people showed concern. Were we going back to the lower qualifying standards of a decade ago...
by Michael Olear | Nov 24, 2014 | Buffalo, NY Real Estate
1. There Is Less Competition Now Housing supply just dropped to 5.1 months, which is under the 6 months? supply that is needed for a normal housing market. This means that, in many areas, there are not enough homes for sale to satisfy the number of buyers in that...
by Michael Olear | Nov 20, 2014 | Buffalo, NY Real Estate
From Zillow.com: Whether it?s your first time hosting or you?re a seasoned pro, planning and cooking a Thanksgiving feast can be stressful. These 10 tips will help keep the day smooth, your sanity intact and your kitchen a little cleaner. Just don?t forget to take the...
