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Showing posts from January, 2013

Is the housing slump finally over?

It may be for Western New York and the rest of the country for that matter. Last year marked the highest number of homes sales nationwide since 2007.  Last October alone, the number of closings in WNY was up 23 percent from just the year before! Why, you might ask? Record-low mortgage rates paired with eager buyers taking advantage of the relative high affordability of homes (cost to potential worth ratio) in the market contributed significantly to the jump in sales.  Sales did drop slightly in December. This can most likely be attributed to concerns of the potential "Fiscal cliff". But last year as a whole saw existing home sales hit 4.65 million, up 9.2 percent from 2011 nationally. These trends look to continue in 2013. It is anticipated that January sales will be back up with the supportive buying conditions and the increased incentives for first-time homebuyers. The sales boom of 2012 has left the market lacking inventory. Last years 3rd quarter saw a drop of 16 percent

HUNT MORTGAGE WELCOMES MARIAN GUARINO

BUFFALO, NY – January 4, 2013 – HUNT Mortgage is pleased to welcome Marian Guarino to their leading team of mortgage consultants. With 27 years of experience, Guarino brings a wealth of knowledge and a track record of success to the organization.   “My recent change in career to join HUNT Mortgage was an opportunity for me to come home to the Sales Manager, Jeanie Grant, who really took a chance on me 8 years ago. The transition was refreshing, knowing I was walking into the best team environment possible,” says Marian Guarino. Guarino specializes in tailoring the best solution for clients interested in buying a home or refinancing one. She maintained one of the highest business capture success rates at her previous employer, and converted 50% of all pre-qualifications to mortgage applications in 2012. She is an FHA Direct Endorsed Underwriter, as well as Licensed Mortgage Consultant, MLO#64679. Guarino’s vast experience extends from processing, clos

ROBITAILLE RELOCATION & REAL ESTATE CELEBRATES 20th ANNIVERSARY

Isabel J. Robitaille, President & CEO is pleased to announce that Robitaille Relocation & Real Estate has celebrated their 20th Anniversary.  This Woman Owned company has grown from a sole proprietor to a team of twenty-five professionals who are certified in their particular skills and many have been affiliated with the firm for more than 15 years.  Robitaille offers specialized Relocation and Destination Services for corporate transferees and new hires as well as full real estate services for the local buyer and seller of homes.  The Robitaille trademarked tag line “Welcome Home” carries a special meaning for all those associated with the firm.  The only unique company in Western New York that offers this specialized service.