3.2K
Downloads
118
Episodes
Terry Story’s Real Estate Survival Guide podcast includes her weekly round-up on NPR's "The Steve Pomeranz Show," WLRN and affiliates. The show provides expert advice in all aspects of the real estate transaction from listing to negotiations; to sales and purchase and everything in between.
Episodes
Tuesday May 22, 2018
Selling A Home? Make Sure You’re Protected With This Quick Tip
Tuesday May 22, 2018
Tuesday May 22, 2018
In spite of a small climb in housing inventory, pending home sales rose 3.1%. Inventory levels, however, are still low. So, we won’t be seeing a big change in prices until there are more homes to sell. If you’re thinking of selling, it’s still a good time.
Mortgage rates are also on the rise—increasing from 3.5% in 2015 to 4.25% today. It’s all relative though, as Steve reminds us that 4% interest rates are still low enough to make the cost attractive.
Wednesday May 16, 2018
Don’t Let Popular Mortgage Scams Fool You
Wednesday May 16, 2018
Wednesday May 16, 2018
For this Real Estate Round-Up, Terry Story is “in the house”, in person with Steve, and kicks off the conversation with how good credit can help you, even as a renter. When Terry does a rental, the first thing she looks at is the tenant’s credit score.
As Terry puts it, a landlord’s major goal is to get paid every month and to make sure that his property does not get trashed. A good credit score demonstrates that the tenant has managed finances responsibly and makes it easier to forgive other things, such as the desire to have a pet because there is a correlation between a good credit score and the way that people keep up a house
Thursday May 10, 2018
Will Trump’s Tax Reform Hurt Or Help The Housing Market?
Thursday May 10, 2018
Thursday May 10, 2018
Steve begins Real Estate Round-Up by asking Terry Story for an update on home flipping, which was big back in 2004-2005. Homes bought for the purpose of flipping represented about 5.9% of all single-family homes and 5.7% of all condos sold in 2017, so 94% are buying homes to live in them.
A handful of Florida cities—Orlando, Tampa, St. Petersburg, and Miami—ranked at the top of the list on flipper homes, even after a slight decline in flipping in the Miami area.
Thursday May 03, 2018
Get Ready! Interest Rates Are Moving Up From Here!
Thursday May 03, 2018
Thursday May 03, 2018
As a financial advisor, Steve often gets asked if today’s ultra-low mortgage interest rates might soon be gone forever. Terry Story notes that rates are now the lowest she has ever seen in her lifetime and doesn’t think they can go any lower. With the economy doing well, she believes rates are only going to rise.
Terry reminds listeners that rates were artificially suppressed in order to pull us out of the housing crisis, but now that we’re in a strong seller’s market, it’s time for the party to end on low-interest rates.