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East Aurora Homes for Sale Get Boost from National Forecast
Gordon Trank 8 years ago

Suppose you are an East Aurora homeowner who intends to move to a different home eventually, but for the moment, you aren’t under any particular deadline pressure that would dictate when you have to put your home on the market. In that case, you’re likely to keep tabs on overall market conditions, awaiting what looks like circumstances favor those with homes for sale.

Twice a year, the National Association of Realtors® issues their economists’ midyear forecast—it appeared last week. For those...
Taking Title to Your WNY House Involves Key Choices
Gordon Trank 8 years ago

When it comes to making legal distinctions, the ones connected with buying and selling Western New York houses have lasting consequences—so it’s important that they be the intentional kind. Although Three Dog Night might have sincerely believed that One is the Loneliest Number—that’s not necessarily the case when it comes to the title of a Southtowns home.

The majority of East Aurora houses are purchased by married couples. Families that remain intact can make property title issues relatively...
Gordon Trank 8 years ago

“WHY YOUR RENT CHECK JUST KEEPS GOING UP” was the headline in CNN Money’s real estate special report last month, which could have explained to East Aurora renters why it is that U.S. rents keep rising faster than home values. After all, that doesn’t seem to make sense!

The list of reasons was long, and taken all together, fairly convincing:

Millennials are renting longer Housing inventory is tight and getting tighter The housing crash scared those who would otherwise have become homeowners...
Gordon Trank 8 years ago

In case you set your alarm clock to go off when it was time to buy a home, that clang you may be hearing from somewhere in the distance could be it (figuratively speaking, of course). The reason has to do with the direction of Elma mortgage rates (among others).

Now, I realize this could come across a little bit like Aesop’s boy who cried ‘Wolf’ since a year and a half ago the experts were unanimous in predicting that mortgage rates would rise throughout 2014 (to at least 5%, if I remember corr...
Gordon Trank 8 years ago

 Today’s East Aurora real estate market is an alien landscape compared with what it was ten years ago, when it seemed as if a seller could just plant a sign in the front yard and wait for competing offers to roll in. This summer’s real estate scene is equally unlike that of five years ago, when many properties could languish for long months with few showings and fewer legitimate offers.   

It’s been a welcome return to a more stable, predictable Southtowns real estate climate. With sale prices...
Gordon Trank 8 years ago

Putting together an East Aurora listing is serious business. It has to be brief, to-the-point, and at the same time, engaging. The photos and language of a Western New York listing is the tip of the marketing spear: if it’s dull, and just a repetition of the specifics that are enumerated in the columns of numbers that follow, it’s less likely to get more than a glance from potential buyers.

At the same time, every Southtowns listing has to be fastidiously accurate. If it exaggerates or mischara...
Gordon Trank 8 years ago

If you are one of those East Aurora homeowners who has been gladdened to see property values continuing to rebound, you have also been pleased at the steady decline in the wave of foreclosures that were part of the global financial crisis. When the subprime mortgage crisis triggered widespread financial dislocation, many homeowners felt the repercussions. Every Western New York foreclosure that resulted weighed on neighborhood property values, which reflect the dollar amounts paid when nearby ho...

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