Friday, October 18, 2013

What is happening in real estate Dawn Thomas?

Beyond the Headlines- What’s Happening in Real Estate Pt 53

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by The Dawn Thomas Team on October 18, 2013

The Dawn Thomas Team is constantly trying to keep our clients and the inquiring public up to date on the goings-on of the Real Estate Market. These days there is so much information coming out daily that it’s hard to keep it all straight and not miss important articles. We’ve recently written about sellers, buyers, taxes and loans-all of these things are important factors in the Real Estate Market-a very integral arm of our current economic climate. So today we give you two articles–and a bit of advice– that we think are important for you, our clients and the public, to know. Read on!
HOMEBUILDERS LURE BUYERS WITH EXTRA INCENTIVES
Source: HousingWire
In order to stay competitive, homebuilders are turning to a variety of incentives to entice buyers amid rising home prices and higher mortgage rates. Incentives include free appliances, blinds, premium flooring, garage-door openers, and covering closing costs.
Read the full story
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CLUSTERING OF RICHER AMERICANS GROWS
Source: The Wall Street Journal
Income segregation is growing across America as wealthier people flock to more expensive and affluent neighborhoods. According to analysis of Census data by researchers Kendra Bischoff of Cornell University and Sean Reardon at Stanford University, such clustering has doubled over the last four decades from 15 percent to 33 percent.
Read the full story
This blog is courtesy of The Dawn Thomas Team who is an award-winning Real Estate Agent team at Intero Real Estate Services in Los Altos 650-701-7822. We help nice people with selling and buying homes in the greater Silicon Valley and Beyond!

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