Archive for June, 2013

Can We Talk?

June 24, 2013

can_we_talk

That’s actually a great question in the age of instant messaging. I think the art of conversation may be falling by the wayside. It has become so easy for all of us to email, text and tweet. I think email and texting has given us a comfort zone that may be detrimental to the agent/customer relationship. As Realtors®, we need to ask ourselves whether we’re doing what’s best for the customer or what’s convenient and comfortable for us. (more…)

Is Now a Good Time to Buy a Small Business?

June 17, 2013

buying_small_businessThe economy has created many challenges for hard working individuals as well as large companies. One of the unfortunate by-products of these difficult times has been layoffs and forced early retirement for many people. The question quickly becomes “what to do?”, since many folks are not ready to stop working.

What can be done to fill the void and provide more control and equity moving forward? One answer is to consider small business ownership as a solution. Owning a small business can provide excellent income and future equity while taking advantage of prior work experience. (more…)

“Mortgage Rates Hit New 14 Month Highs. More Volatility Ahead!”

June 10, 2013

high_interest_ratesThis was one of the top news stories this week in Mortgage News Daily and many other news publications and broadcasts. I find this comical since mortgage interest rates have been at historic lows for several years and are still close to historic lows!

This “terrifying” interest rate rise causing these news headlines is an increase in the average 30 year fixed rate from 3.5% to 3.75%.

Let’s put this into perspective. The difference in the monthly payment for a $100,000 loan between 3.5% and 3.75% is a whopping $14. My guess is that most of us would find $14 if we vacuumed under all our car seats and sofas. (more…)