Welcome to the Trank Real Estate Blog!

  People approach the whole idea of owning a second home from a hundred different perspectives simply because a second home can answer so many different purposes. If you are an East Aurora homeowner at the stage in life where making retirement plans is becoming a more immediate imperative, you might want to buy a second home as a vacation destination—but one which is also a tryout for your family’s future center of operations. Those who have spent a good part of their lives in cities sometimes...

 Erie County mortgage interest rates have been so low for so long that there is the definite possibility that the real value they represent—for both South Towns home buyers and sellers—may now be being taken for granted.

It’s only natural. If you believe that past history is the best predictor of future performance, Last years’s common wisdom that mortgage interest rates in 2014 would head up to at least 5% or more wouldn’t have fazed you a bit. One quick glance at the squiggly lines on a char...

 

ABC’s Nightline recently aired an interesting segment about house flipping, which included a magic number that’s probably never been seen before. Western New York house flippers would have been glued to their TVs if they’d stayed up late enough to catch Nightline, because if authentically magical, it’s a good number to know.

The segment was part of a series called “Realty Check.” This one was about new strategies in the “ever-competitive world of flipping.” The show started with some backgr...

 

As the Spring Market approaches, the National Association of Realtors^® was able to come up with some general observations on the makeup of the current market—facts that anyone expecting to deal with Wales home buyers in the coming year should find useful. With consumer attitudes showing improvement across the board, you might have expected that all segments of the home buying public would have shown increased activity. Not so.

According to the NAR’s annual survey—the big one that they’ve bee...

When an East Aurora Neighbor Misbehaves…

Finding the absolutely perfect home—then being able to afford—may be every East Aurora home seeker’s dream accomplishment, but absolute perfection in any realm usually remains exactly that: attainable in a dream, but nowhere else. In fact, online mortgage site HSH.com surveyed homeowners and found a tiny 20% of the home owning population had zero complaints about their current digs. Sixteen percent wanted a larger place; 9%, more closet space. Lower perc...