Tuesday, June 16, 2009

New Tools for House Hunters

If you are thinking of buying a home but not quite ready to call me to help, here are some ideas to get you started. It is really amazing the resources that are out there to get you going. Just remember, when you are ready, I am here to help.


New technology continues to make it easier for shoppers to identify homes to buy. Here are some of the latest and greatest.

There’s an iPhone app for that: Zillow.com released a free iPhone app that allows consumers to check out homes for sale. The GPS-powered app allows shoppers to drive by a home for sale and see price and other details like number of bedrooms and baths.
Search for ROI: Web sites like Investorloft.com rank homes by the profits they produce and identify properties with big differences between listing price and estimated value. The site has listings in 20 states and will be in all 50 by early 2010.
Search for falling prices: Trulia.com will let you look for price reductions. Enter a zip code and reduced listings will come up.
Guided tours on YouTube: Coldwell Banker has partnered with YouTube to launch a homes-for-sale video channel.
Project value for $9.95: Cyberhomes is offering a market report for slightly less than $10 that provides neighborhood price projections and 12- to 24-month price-change forecasts. It also identifies the number of distressed, foreclosed, and REO properties nearby.

Source: CNNMoney.com, Les Christie (06/15/2009)

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