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Rick Hendershot's Articles in Real Estate

  • Florida Real Estate Outlook For 2006
    **Central Florida Real Estate led by hot commercial sector

    Throughout 2005, commercial developers and real estate investors in the Orlando area have seen the same kind of impressive price increases as home owners across Florida. One of the hottest segments of the market is the sale of apartments. Two of the Orlando area's largest apartment brokerages have done more than $2 billion in sales this year. It is expected that 20,000 apartments have changed hands and will be sold...
  • Is The House Flipping Hype For Real?
    House flipping is hot -- to the point where more than one successful reality TV show has been created to feed the appetite of up and coming house flippers. But does the reality of house flipping measure up to the hype?

    House flipping TV shows have met with huge success because they speak to many homeowners' aspirations to make it big in one of the few areas they have some control over. "Buy it cheap, fix it up, and then resell it for a large profit", sounds like something ...
  • Wealthy Americans Confident Real Estate Boom Will Last
    Linknet Real Estate News Digest - December 22, 2005 - In spite of worrying signs that the real estate market is slowing down, a survey of wealthy Americans indicates most remain confident property values will continue to appreciate.

    In a survey conducted by The PNC Financial Services Group, Inc., 65% of those surveyed said they expect to see double-digit increases in value over the next five years. Almost 1 in 3 (31%) think they will see an increase of 20% or more.

    Acco...
  • Interest Rate Hikes Send Mixed Signals To Real Estate Investors
    December 20, 2005 - Successive interest rate increases by the Fed have left everyone wondering what is going to happen next with Real Estate. Will the boom continue or is this the beginning of a gradual slow down?

    As Jim Jubak, writing in Jubak’s Journal, points out, the effect of steady increases will have a much broader impact than just on those who have adjustable-rate mortgages or are locked in because of bad credit ratings. He reports that many large mortgage companie...
  • Go The Extra Mile When Selling Your Home
    So you've decided to sell your home, and now you are wondering how much time, effort and money you should spend sprucing it up to make it more attractive, sell faster, and get a higher price.

    One important question is this: "If I spend money redecorating or renovating a specific part of my house, how likely am I to get that money back in a higher sale price?"

    Or here is another slightly different way of putting this question: "Where will my efforts have the biggest im...
  • All Real Estate Agents Are Not Created Equal
    **Important things to look for in a Real Estate Agent**

    When selling your home, one of the most important services your real estate agent can perform is helping you set the listing price. Most people approach a sale thinking they have a pretty good idea of what their home should sell for. But the fact is, until you do some serious calculations based on current market trends, sale prices in your area, and what other similar homes have recently sold for, there is no way you...
  • Concentrate On The Important Things When Showing Your Home
    When you are getting your home ready to sell, there are some things you simply must be concerned about, because every prospective home buyer looks for them. Some rooms are more important than others because they are used regularly by everyone in the home. This makes them the focal point.

    The kitchen is a very important focal point -- especially for the primary homemaker, who tends to be the one who has specific requirements in mind, and will always be looking for signs of...
  • Bad First Impressions Will Turn Home Buyers Away
    First impressions are very important when you are selling your home. In fact, making a good first impression can make all the difference. So be sure to present your home in its best light right from that very first time your prospective buyers set eyes on it.

    Indeed, this is one of the frustrations all real estate agents have to deal with. They carefully research the available homes, and then go to the trouble of making an appointment so the prospective buyer can have a f...
  • For Sale By Owner - Prepare For Success
    So you want to sell your home without a real estate agent. Like hundreds of thousands of other homeowners, you've chosen this option because you don't want to pay those large commissions to an agent. Many people who have tried it in the past will tell you that selling your home on your own can be very challenging. But the best way to be successful is to be prepared. Do your research and get your hands on as much expert information as you can.

    1. Prepare Yourself to Become ...

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