Welcome to the Trank Real Estate Blog!

Gordon Trank 8 years ago

How easy or hard it is for Southtowns home buyers to secure a mortgage with attractive terms is a key element in the local real estate picture. East Aurora mortgage credit provides the oil that that keeps residential home sales moving smoothly; that, or it becomes a damper (or even something close to an emergency brake!).

The East Aurora mortgage credit situation is largely a reflection of what’s going on in the greater financial world, where the corporate banking interests, world economic cond...
Gordon Trank 8 years ago

It was only a few years ago that the last thing a prospective East Aurora home buyer had to worry about was being outbid. Those were the days when the bottom seemed to be falling out of the East Aurora real estate market. Anyone brave enough to be looking to buy at a time when the real estate market was frightening most folks away was not only plucky—they were also alone. Sellers who had to move no matter what found themselves forced to accept offers that they knew were well below their property...

Gordon Trank 8 years ago

Residential sales in Elma—in fact, all real estate dealings anywhere—remain the most local of commercial transactions. If your house is in San Francisco, a price spike in suburban Newark is probably of little interest, unless you plan on moving anytime soon. Even so, the new projection for overall U.S. residential sales had to perk up area homeowners’ interest.

The “best home sales market in eight years” was the forecast—along with “mortgage originations that will likely rise” and “larger gains...
Gordon Trank 8 years ago

You’re eager to get your home sold quickly with a minimum of fuss. You’ve been over the comparables with your Realtor®; and the listing looks and reads great. It’s getting close to showing time—and although you know that your East Aurora property is a great buy that any new owner would be proud to call home, you also know that this spring there is a lot of competition out there.

Producing a quick turnaround is about the marketing—which your agent is handling adroitly—but it’s also about present...
Gordon Trank 8 years ago

It may not be the first factor you look at when you begin planning to buy an East Aurora house, but unless you are in the rare position of being able to make an all-cash purchase, sooner or later your credit score will become a prominent factor. That’s why this month’s get-together in Washington held some information that could ultimately become pretty important for both Western New York home buyers and sellers.

The meeting was held at the National Association of Realtors headquarters, with par...
Gordon Trank 8 years ago

You’ve decided that right now is the perfect time to put up your Elma home for sale; you’re charged with energy and determination; you’re ready to get going—and then…suddenly, the spring weather turns foul. It’s an all-too-common frustration, from mud season sieges in Northeastern Maine to kite-busting windstorms in the far Southwest, the kind of perfection “spring days” brings to mind isn’t always there when you want it to be.

Some days (even some weeks) are like that—often, when you’re trying...
Gordon Trank 8 years ago

When you do a web search for “average house price in Elma,” you come up with a lot of good, not-so-good, and just plain lame information. If you were looking for a general idea of what the current market says that homes like yours in your neighborhood are worth, the results are likely to be more amusing than anything else.

You always come up with the national sites’ average listing price for homes for sale in Western New York. Depending upon how recently their data engine found and tossed out d...
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