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INSPIRATION FOR TODAY:

by The Zwemmer Group

INSPIRATION FOR TODAY:

The Road Not Taken

~ Robert Frost 

"Two roads diverged in a yellow wood,
And sorry I could not travel both
And be one traveler, long I stood
And looked down one as far as I could
To where it bent in the undergrowth;

 

Then took the other, as just as fair,
And having perhaps the better claim
Because it was grassy and wanted wear,
Though as for that the passing there
Had worn them really about the same,

 

And both that morning equally lay
In leaves no step had trodden black.
Oh, I marked the first for another day!
Yet knowing how way leads on to way
I doubted if I should ever come back.

 

I shall be telling this with a sigh
Somewhere ages and ages hence:
Two roads diverged in a wood, and I,
I took the one less traveled by,
And that has made all the difference."

 

Monday Morning Real Estate Update 01/21/08

by The Zwemmer Group

Good Monday Morning!

The rain continues to cover most part of Southern California, the good news is The Real Estate market here in the desert remains level compared to many other parts of the country.

There has been increase in home sales and re-finances in the last week after the Feds lowering the interest rates by a 0.75%.  This will  continue the steady increase of home sales here in the desert.

As of the end of last week I was seeing 30 year fixed conventional loans as low as 5.4%.  This is the lowest level in years and buyers are learning that this combined with lower home prices and a very nice inventory of homes to choose from has given them a great opportunity. 

NATIONAL OVERNIGHT AVERAGES

 

TODAY

+/-

LAST WEEK

30 yr fixed mtg

5.47%

5.42%

15 yr fixed mtg

4.98%

4.93%

5/1 ARM

5.09%

5.12%

30 yr fixed jumbo mtg

6.56%

6.46%

5/1 jumbo ARM

5.59%

5.62%

 

 

 

 

 

 

 

Compared to many other parts of the country the Real Estate market here looks very good.  .  For home sellers there is a good window of opportunity to sell from now through April.  Typically, we will see the number of homes for sale increase significantly during the season.  This could make for a much more competitive market and softer sales prices.

Have An Awesome Week!

Rob Zwemmer

 

 

 

It was obvious to us that you knew the market well !

by The Zwemmer Group
Rob,
 
Thanks for the continued follow-up.  Please don't hesitate to send new listings that meet our criteria.  We do prefer single level units, and elevator service if located on an upper floor.  We are still trying to determine our level of interest in a purchase.  I'll let you know as soon as we come to any conclusions.  Thanks again for your expertise.  It was obvious to us that you knew the market well.  I may have a referral for you in the next few months.  I'll contact you regarding that at the appropriate time.
 
Bill Hicks

Golf Tips

by The Zwemmer Group
by Russ Donton
Long Bunker Shot
 
1. Take your normal stance and play the ball off of your left heel.
2. Use a 8 or a 9 iron(depending on distance and personal preference) and open slightly just as you would your sand wedge.
3. Swing from outside to in cutting across the ball.  Make sure once you make contact with the sand that you follow through.  If you do not, the ball will not make it out of the bunker.
 
Know the Rules of Golf
 
Everyone who plays golf(especially those who play competitively) need to know the rules of golf.  The rules can be somewhat confusing but not knowing them can cost you stokes or even a match.  I suggest everyone invest in the 2008 edition of the Rules of Golf and give it a read.  Not only will you learn something but you will also see  changes to a few of the rules.  The first is the penalty for hitting a wrong ball in a hazard.  Now if you hit the wrong ball in a hazard(including bunker), the penalty is two stokes or loss of hole in match play.  The old rule you could basic hit a bucket of wrong balls from a hazard and not be penalized.  Other rule changes are penalties for carrying a non-conforming club(Rule 4-1) and accidentally deflecting your partners ball(19-2).  The penalty for carrying but not using, a nonconforming club is now two stokes per hole, with a maximum of four penalty strokes per round.  Previously, it was disqualification.  As for Rule 19-2, if you, or your caddie or your equipment accidentally deflect your or your partners ball, the penalty is one stroke in both match and stroke play.  It used to be loss of hole in match play and two strokes in stroke play.  If you would like to learn more about the Rules of Golf, consult you local PGA Professional to clarify any questions.

Don't Be Afraid of the Big Bad Housing Market !

by The Zwemmer Group

Don't Be Afraid of the Big Bad Housing Market

By Matthew Graham - OP-ED COLUMNIST

If you don't have a TV, a radio, or a newspaper, you may have missed all of the negative press surrounding the mortgage and housing markets. The severity of the situation has created a sort of panic that has paralyzed the consumer. Rather than deal with any aspect of the problem, we wait for someone to yell: "it's OK to come out now!" If you are waiting for a "bottom" to the overall crisis, and for all the news to turn positive, don't hold your breath. But where there's tragedy, there's opportunity. Let me show you why it is, in fact, "OK to come out now," and why you might be sorry if you wait too long.

The Pendulum Effect:

Depending on the data you are looking at, national average home prices are down significantly. On average, this trend will continue, but consider three things. First, the hardest-hit markets drag down the average depreciation. Second, mid to high priced homes were more inflated than entry level housing. When those homes depreciate, they have farther to fall than a lower priced home. This also brings down the average. Finally, because panic can create a knee-jerk reaction among sellers, and market perception can create a hesitance among buyers, prices can be lower on the way down than they will be at the bottom.

What does this all mean? It's a GREAT time to shop for a moderately priced home. When the market has found a solid bottom and the demand returns, there will be a lot less ambiguity about what a home in your area is really worth. sellers will be less willing to entertain offers, and selection will decrease.

Mortgage Meltdown?:

The news might have you thinking that no one can get a loan these days. This is far from true. Hindsight has given us a clear picture of the kinds of loans that shouldn't be offered again. But the loans that have performed more consistently are still abundantly available, and you might be surprised what you can qualify for.

Banks like to see to see strength in at least 2 of the 4 areas:

1.       Credit Score

2.       sufficient verifiable income for the payment amount

3.       equity in the property or down payment

4.       Liquid assets (money in the bank, stock market, IRA's, 401k's, etc...)

The items that will make your loan more difficult to obtain:

1.       Non-Owner Occupied (investment property)

2.       Stated or No Income (meaning you can't prove it with W2's or Tax Returns)

Bottom Line: If you can legitimately afford to make a regular house payment, there's a very high chance that this can be proven to a lender, who will in turn be happy to give you an excellent loan.

To make things better, interest rates are historically low. At the very lowest point in mortgage rate history, a 30 year fixed conforming loan danced around the 5.0% range. In the last several weeks, it has dropped to 5.625%. (Follow day to day changes in mortgage rates at www.franklinloancenter/bcohn .)

There's even further impetus to act on this information. Even if prices decline another 10%, due to the market panic, there are sellers out there right now selling for 20% under current appraised value. So you might find a house for $160,000 today that will end up being worth $180,000 when the market bottoms out. A paradox, but true. This also means that your value is likely to be at it's highest as far as refinancing is concerned, and remember that EQUITY is one of the positive factors banks consider.

If you think you might be in your current home for more than a few years, have an adjustable rate mortgage, or have an interest rate that's over 6%. Or if you are a potential home-buyer, it is "OK to come out now," and doing so could save you lots of money.

INSPIRATION FOR TODAY:

by The Zwemmer Group

INSPIRATION FOR TODAY:

"The difference between perseverance and obstinacy is that one often comes from a strong will, and the other from a strong won't."
 

~ Unknown

IS IT ABOUT POLITICS OR . . . RELATIONSHIPS?

Have you ever lost out to another for an appointment to an important committee . . . or leadership post . . . or career promotion? If so, you may have commented (at least to yourself) that it was "politics" that deprived you of the opportunity.

So was it really politics, or were there relationships involved? Consider the difference. The term "politics" is often used to cast doubt on the values or principles employed to influence an outcome. Just using the word "politics" tends to excuse us for failing to win the approval we seek.

Now consider the power of relationships. If you were caught in a blinding snowstorm with two individuals - one a personal friend with extensive outdoor survival training, and the other a total stranger - which would you choose to lead you to safety? When the youth soccer league asks you to coach next season, whom would you choose for your assistant? Would it be a fellow professional associate, with whom you have worked successfully on various projects over the past ten years - or a total stranger?

What those on the outside (looking in) call "politics" is really no more than the power of existing relationships at work. We tend to feel more comfortable with those we know and trust. Trust and familiarity are built over an extended period, and once in place become bonds difficult to break.

To continue growing in your career, as well as your personal life, consider forming new relationships with those you feel are excellent role models. About our teenagers, we tend to say "You can tell how they're doing by the friends they keep." The same rule applies to us. Make time in your life to build enduring relationships. Your world will expand, your disappointments become few, and your friends become many.

Snow capped Mountains in Palm Spings

by The Zwemmer Group

INTERNET HOME SEARCH

by The Zwemmer Group
INTERNET Home Search
 
Today over 86% of home buyers in the United States will use the internet as an integral part of their Home Search. This process is very easy for those savvy home buyers who have discovered that they can receive information daily by e-mail as new homes meeting their search criteria hit the market. The home buyers using this service will typically know about these new homes for sale hitting the market even before the agents have knowledge about them. In the Palm Springs market area, buyers search for Real Estate can go to www.FindMyDesertHome.com to initiate this helpful service.

INSPIRATION FOR TODAY:

by The Zwemmer Group



A Native American elder once described his own inner struggles in this manner: "Inside of me there are two dogs. One of the dogs is mean and evil. The other dog is good. The mean dog fights the good dog all the time." When asked which dog wins, he reflected for a moment and replied, "The one I feed the most."
 

 

HAS THE DOG BEEN FED?

by The Zwemmer Group

When was the last time you had a vivid, golly-gee-wow, gotta-do-it-now type of dream - a dream that made you come alive at the very thought of it? Did you put a plan in motion to achieve that dream?

OK - forget about the dream for a moment. What about the rest of your life? Do you know where you're going and which principles you've adopted to get you there?

Sometimes dreams and plans fail to mature into reality by neglect. The good dog isn't fed properly, becomes weak and tentative, and eventually loses out to the mean dog - the one that is all too happy to fill our life with meaningless trivia.

The good dog we're discussing here is your personal constitution, that quiet inner voice that directs your life in the right direction. It's the part of you that thrives on hope, knowledge, service to others, perseverance, honesty, commitment and many other worthy principles. It's the "you" that knows you can make the world a better place for all, and sets out to accomplish the task.

The mean dog thrives on fear, deceit, worry, irresponsibility, and ignorance. This ugly dog can flourish and take over by simply filling the void left when the good dog is too weak to eat. Surely you've seen this dog face-to-face. He sometimes appears as a "friend" who douses your latest brainstorm with cold water, or encourages you to shade the truth a bit to make the deal work.

So how do you feed and encourage the good dog? Inspiration and knowledge are excellent ingredients to build strong hopes and sound dreams. Inspiration is available in many forms ranging from personal relationships with those we admire and trust to biographies of others who have succeeded in spite of the odds. Incidentally, you can easily starve the mean dog by avoiding negative relationships altogether.

Increased knowledge builds skill levels and ultimately confidence and self-esteem. It is difficult to feel vulnerable and defensive when you have all the facts. Knowledge combined with inspiration strengthens principles already adopted, and may introduce you to new ones. Remember, the mean dog thrives on ignorance and fear, both of which can rob your constitution blind.

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