DO YOU WANT TO BLEND IN OR STAND OUT?
Here is DuPont's annual report on popular color choices for new cars.
According to the company, which produces paint for manufacturers, the top 10 car color choices are:
- Silver 25%
- Black 23%
- White 16%
- Gray 13%
- Blue 19%
- Red 8%
- Brown/Beige 4%
- Yellow/Gold 1%
- Others 1%
Monday, June 28, 2010
Friday, June 25, 2010
Mortgage rates lowest since 1971
Mortgage rates fell this week to the lowest level on records dating to 1971, giving consumers added incentive to lock in low payment for home purchases and refinanced loans.
The average rate for 30year fixed loans sank to 4.69 percent, from 4.75 percent last week, morgage company Freddie Mac said Thursday.
That's the lowest point since Freddie Mac began tracking rates in April 1971. The previous record of 4.71 percent was set in December. Rates for 15-year and five-year mortgages also hit lows.
Many Americans owe more on their mortgages than their homes are worth - often called 'under water' - and can't refinance. The Obama administration has launched programs to help borrowers refinance if they owe up to 25 percent more than their home's value and have loans owned or guaranteed by mortgage gians Freddie Mac or Fannie Mae.
About 291000 homeowners have participated as of March. Yet that's a small fraction of the nearly 15 million homeowners who are under water, according to Moody's Economycom and cannot refinance.
Despite some lenders' ads, refinancing is never free. A fee normally goes to the mortgage broker or lender. There are also fees for title insurance, a new appraisal, document processing and other charges. Often, mortgage brokers or lenders create the appearance of a 'no feee' mortgage by adding the costs to a total loan amount or by charging a higher interest rate.
Signal June 25, 2010
The average rate for 30year fixed loans sank to 4.69 percent, from 4.75 percent last week, morgage company Freddie Mac said Thursday.
That's the lowest point since Freddie Mac began tracking rates in April 1971. The previous record of 4.71 percent was set in December. Rates for 15-year and five-year mortgages also hit lows.
Many Americans owe more on their mortgages than their homes are worth - often called 'under water' - and can't refinance. The Obama administration has launched programs to help borrowers refinance if they owe up to 25 percent more than their home's value and have loans owned or guaranteed by mortgage gians Freddie Mac or Fannie Mae.
About 291000 homeowners have participated as of March. Yet that's a small fraction of the nearly 15 million homeowners who are under water, according to Moody's Economycom and cannot refinance.
Despite some lenders' ads, refinancing is never free. A fee normally goes to the mortgage broker or lender. There are also fees for title insurance, a new appraisal, document processing and other charges. Often, mortgage brokers or lenders create the appearance of a 'no feee' mortgage by adding the costs to a total loan amount or by charging a higher interest rate.
Signal June 25, 2010
Tuesday, June 22, 2010
Realtor Diary - Monday
I feel it. There are fewer buyers in the market. What a pity that my new listing not came on the market one month ago. Then it would have sold right away.
Even with this fantastic low interest rate, I think coming buyers are waiting to see if the Government will give new tax returns. I hope they will.
As far as I know there are still some tax return money to get. Not the same ones but some returns over a 3 year period. It should be up to $15000 for a 3 year period. But there was just a certain amount of money to give out and they might soon be used.
Recently, I heard that half of that sum have been used. So fast buyers should still have a chance! If some of you are interested I will find out more exactly about this money.
Today I sent in an offer for my client, make arrangement for an offer, I will write later for another clients, made a lot of lead calls and went out with Newsletters/postcards.
Days go so fast unfortunately.
Even with this fantastic low interest rate, I think coming buyers are waiting to see if the Government will give new tax returns. I hope they will.
As far as I know there are still some tax return money to get. Not the same ones but some returns over a 3 year period. It should be up to $15000 for a 3 year period. But there was just a certain amount of money to give out and they might soon be used.
Recently, I heard that half of that sum have been used. So fast buyers should still have a chance! If some of you are interested I will find out more exactly about this money.
Today I sent in an offer for my client, make arrangement for an offer, I will write later for another clients, made a lot of lead calls and went out with Newsletters/postcards.
Days go so fast unfortunately.
Sunday, June 20, 2010
realtor diary - Sunday
Relaxed day today. Sent an offer ready to be signed by buyer and got some new very nice clients. Showed them houses and they are ready to make an offer though they first need to be preapproved. Don, my lender, will take care of them tomorrow.
Saturday, June 19, 2010
Realtor Diary 6/18/2010
Got a new friend today. Great and she lives close by. She is also a realtor but works from another company. I visited her and she is awsome. Works hard and crazy like me. We are thinking of working together. She is also an "old" teacher like me.
From the beginning when I started I was told that I should not count of getting friends with realtors as they are my competitors. And truly, it has not been easy.
Otherwise, nothing special happened. Went out with my Newsletters and postcard. Met many "old" faces I know of and had many good talks.
From the beginning when I started I was told that I should not count of getting friends with realtors as they are my competitors. And truly, it has not been easy.
Otherwise, nothing special happened. Went out with my Newsletters and postcard. Met many "old" faces I know of and had many good talks.
Friday, June 18, 2010
realtor diary - 6/17/2010 - AGENT OF THE WEEK
Big Surprise. I was AGENT OF THE WEEK. I had 3 clients going into escrow and 1 new listing this week. Fantastic. But.... I will still not earn much as the deals are not expensive and some of them I have to give back referral fee. Still, I am happy.
I love to work with people and make them a good deal and get them what is really good for them.
Most of my days went with giving out Newsletters and a postcard for my new listing. I went to about 175 houses. Nearly 4 hours walk. I saw so many nice yards and talked with many friendly people. I love my job.
2 BPO's later one to be worked on. Taking photos of the properties, inspection them from outside and finding comps. Give me a fantastic feeling of the market prices.
Extra: Lonely dog in the night on my street with no collar. Had to take him with me as the coyotes would have taken him. My own dogs accepted him. Now I have to find the owner. He had no collar on.
I love to work with people and make them a good deal and get them what is really good for them.
Most of my days went with giving out Newsletters and a postcard for my new listing. I went to about 175 houses. Nearly 4 hours walk. I saw so many nice yards and talked with many friendly people. I love my job.
2 BPO's later one to be worked on. Taking photos of the properties, inspection them from outside and finding comps. Give me a fantastic feeling of the market prices.
Extra: Lonely dog in the night on my street with no collar. Had to take him with me as the coyotes would have taken him. My own dogs accepted him. Now I have to find the owner. He had no collar on.
Wednesday, June 16, 2010
Realtor Diary 6/16/2010
I will start my Realtor Diary today. What is going on every day.
Newspaper today: SoCal median house prices rise nearly 23 pct last month from May 2009 to top #300000 for the first time in 20 months. Dataquick also said home sales increased more than 7 pct. in May.
Short Sales: Experienced that one lender will not pay more than 1 pct back in closing cost on one of my short sale deals. Mostly they accept 3 pct.
Used 4 hours to go out in my farm area with Newsletter and card with my new listing.
Nice to talk to all the people I have learnt to know along the road and to all the new ones.
Evening: finding houses for my buyers, call clients and agents and prepare my day for tomorrow,
Newspaper today: SoCal median house prices rise nearly 23 pct last month from May 2009 to top #300000 for the first time in 20 months. Dataquick also said home sales increased more than 7 pct. in May.
Short Sales: Experienced that one lender will not pay more than 1 pct back in closing cost on one of my short sale deals. Mostly they accept 3 pct.
Used 4 hours to go out in my farm area with Newsletter and card with my new listing.
Nice to talk to all the people I have learnt to know along the road and to all the new ones.
Evening: finding houses for my buyers, call clients and agents and prepare my day for tomorrow,
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