Searching for house over 1 year I came across a lot of useful
resources that can save you time and help you make better decision in a thought
market conditions.
1.
Mortgage Rate
It is always good to know the average
national mortgage rate, what is BTW it one of the lowest in last 30 years. Here are the sources I used, that have calculators
and latest statistics and rate data.
·
http://www.hsh.com/
·
http://www.bankrate.com
2.
Real Estate Value
Do
you want to by now? Do you want to wait? It is always good to see real estate
trends The best source to see real I found is Cahse-Shiller index what is statistical indexing for real estate
price trends on monthly bases that is always comes out at the end of the month
and dates 2 month back. The S&P/Case-Shiller Home Price Indices measures
the residential housing market, tracking changes in the value of the
residential real estate market in 20 metropolitan regions across the United
States. These indices use the repeat sales pricing technique to measure housing
markets.
It
helped me see market trends and even calculate value of the house knowing previous
value.
·
http://www2.standardandpoors.com/portal/site/sp/en/us/page.topic/indices_csmahp/0,0,0,0,0,0,0,0,0,2,1,0,0,0,0,0.html
·
Also some trends are discussed here
: http://realtytimes.com/rtmktc/home.htm
3.
Real Estate price estimation.
How much
do I sell a house for? How much do I want do I bid on the house? Is the house
priced well? These are common questions.
I found 4 sources that I used to estimate properties I was looking for:
·
http://www.zillow.com/
·
http://www.coldwellbanker.com/real_estate/Home_Value_Estimator
·
http://www.cyberhomes.com/
·
http://www.bankofamerica.com/modular/index.cfm?template=hc_home_worth_modular
4.
For NJ home buyers here are some useful
links:
·
Best towns to leave in http://njmonthly.com/articles/best-of-Jersey/best-places-to-live---the-complete-top-towns-list-.html
·
NJ Real estate reports: http://njrereport.com/
5.
I found bets mortgage person I could
have. His name is Eli Lisnyanski. He found me lowest mortgage rate within 70
banks. He is good at what he does. I have seen what he does and with confidence
I can tell that if he takes your case you got mortgage approved. He talks easy
and hard cases but if it impossible you will now it right away.
6.
If you live in NJ, the bets real
estate agent is Patrick Barrata http://www.patrickbaratta.com/. He is professional, honest, hard working and
knows what he is doing. He took me to great properties and never turned down on me.
He comes from contraction background so he can recommend and point out
positive and negative points in the house before you even do inspections that
helped me make my decision. He works
well with people and can get many things done that other agents cannot. Also, what is very important he is hard
working and will answer you calls and take you show houses even at midnight.