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Albuquerque Real Estate Agent Joe Maez Says End of QE2 May Mean End of Record Low Interest Rates

Albuquerque, NM – With the long-anticipated end of the Federal Reserve's so-called QE2 coming at the end of the month, Albuquerque real estate agent Joe Maez says the phasing out of this technique of government-induced low interest rates will likely mean rising mortgage costs for buyers in months ahead. According to Maez, that means buyers need to act now to lock in historically low rates.

While the Fed remains undecided what monetary policy to implement in coming months to nurse the economy along, Maez says they have made clear that they don't intend to pursue QE3, a third round of Quantitative Easing that would seek to artificially lower interest rates.

"If the Fed stands by its previous statements not to engage in QE3, it can only serve to raise interest rates for anyone buying Albuquerque homes. That means the cost of home ownership will go up regardless of what home prices do."

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San Diego Home Owners Get Rebate On Water-Saving Artificial Turf Installation Through April

San Diego, Calif. - San Diego homeowners have the month of April to get their old irrigated lawns removed for a rebate to make way for water-saving artificial turfSan Diego turf installer Scot Wozniak says that owners can save a significant amount of money on the installation of synthetic lawns that don't require lawn maintenance or water bills.

"In Southern California, it really does pay to be smart about water consumption. In addition to the water-savings rebate, which owners can learn about on our website at www.sandiegolawns.com, artificial turf makes sense in this economy because it saves both water and maintenance costs."

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Real Estate Agents: Synthetic Lawns Attract Buyers Due to Lower Lifetime Maintenance Costs

San Diego, Calif. – Real estate agents looking for an edge to get their listings sold in arid Southern California might want to recommend synthetic lawns to their clients, according to one analysis.

Scot Wozniak, President of San Diego Lawns, Inc., a San Diego synthetic lawns installation company, says drought-friendly artificial turf is a unique selling point that can really save substantial amounts of money over the lifetime of the product.

"Many people just don't take the time to add up how much money they spend on maintaining their lawns each year. When you add up water costs to the costs of lawn care services, reseeding, and fertilizing, it's a lot of money."

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Portland Real Estate Agent Sees Buying Opportunities For First Time Home Buyers and Trade Up Buyers

Portland, Oregon – Portland area real estate expert David Somerville sees buying opportunities in the current housing market that can be used by first time home buyers and trade-up buyers alike.

Somerville says that the dual combination of historically low prices and interest rates provides a once-in-a-lifetime opportunity for many buyers to lock in lower house payments on Portland real estate than ever before for a much nicer home than they ever thought possible.

"Many people just don't realize how ideal the market is right now. There is an abundance of inventory which tends to bring prices down, of course, but it also provides a better selection of homes to choose from."

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Praxius Launches Mortgage Lender-Agent Collaborative Marketing System For Home Loan Referrals

Amherst, NH - Praxius Technology, a real estate company specializing in mortgage marketing and online lead generation, is launching its Lender-Agent Collaborative Marketing System to help both agents and mortgage loan officers work together to develop new business.

According to Fred Doleac, President of Praxius, lenders have traditionally relied heavily on refinance business, with home purchases making up a smaller source of mortgage leads. Now, because of today's persistently low interest rate environment, he says that most homeowners who were able to refinance already have.

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Tight Inventory In Luxury Marco Island Real Estate Market Boosts Interest In High End Homes

As Marco Island home inventory tightens due to historically low prices and interest rates, more buyers are being quietly priced into, rather than out of, the luxury home market, according to local Realtor Mike McCarty of The McCarty Group.

He says steady pricing pressure in recent years due to the mortgage crisis and U.S. economic factors has made luxury Marco Island real estate far more accessible to the average home-buyer than it used to be. This is bringing a new generation of luxury home owners into the market.

"Where we used to see the market regularly pricing people out of the more exclusive properties, we're actually seeing the opposite right now. Buyers are being priced into the luxury market."

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High Inventory of Foreclosures and Bank Owned Homes Brings Out Cincinnati Real Estate Buyers

Cincinnati, OH - Rising foreclosure and bank owned home inventory in the Cincinnati and Northern Kentucky area is bringing out bargain hunters and first time homebuyers, according to Cincinnati real estate agent Sandy Bakst.

According to Bakst, professional investors pick up many of the distressed property bargains within days or hours of coming on the market, but he says there is plenty of inventory for individual homeowners to choose from as well.

"The high number of bank owned properties on the market along with historically low interest rates has really made for some amazing deals for buyers. In a few years, a lot of people will be regretting that they didn't buy right now."

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Mt Hood Real Estate Agent Launches Photo Rich Website With Real Estate Search Engine

Mt. Hood, OR – Blythe Creek, a longtime resident of Mt. Hood and local real estate agent, has launched a new website with photos of the mountain along with state of the art real estate search tools.

According to Creek, the website is the culmination of years of experience representing buyers and sellers in real estate transactions on Mount Hood.

"For buyers interested in Mt. Hood real estate, our website helps provide useful information about the different towns and neighborhoods that make up this wonderful community. We provide photos, history, and of course, real estate listings so they can find their dream home."

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Do It Yourself Property Management Costs Owners More Money Says Mountain View Real Estate Manager

Mountain View, Calif. - Doing it yourself may not pay off when it comes to investment property management, says long time Mountain View property manager Jerry Garrity of First Statewide Realty.

According to Garrity, whose experience in Mountain View property management spans over 21 years, statistics show that most owners who try to save money by handling management tasks themselves actually end up losing money. He says there is a lot more involved in managing rental property than most new investors realize.

"First and foremost, good property managers have a lot of experience screening renters to get the best ones. If this isn't done well, than nothing else matters."

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Employees Attracted to Downtown Minneapolis Urban Lifestyle Create New Demand For Condos and Lofts

Minneapolis, MN - As employees seek to cut their cost of living and take advantage of the amenities available in urban centers, new demand is being created for Minneapolis condos and lofts, according to a local real estate agent.

Ben Ganje, who specializes in downtown Minneapolis real estate, says he has noticed a movement of former commuters moving into the city center.

"Minneapolis is known for being one of the best urban spaces in the country, and it's starting to really catch on how nice it is. In fact, I'm seeing more and more young couples deciding to raise a family here."

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Cincinnati Real Estate Agent Sandy Bakst Says Record Low Prices Spurring Home Buyers

Cincinnati, OH - Cincinnati REALTOR® Sandy Bakst of Keller Williams Advisors Realty says that record low real estate prices and interest rates are spurring home buyers to make offers in the Cincinnati and Northern Kentucky areas.

He says low prices are due largely to the mortgage crisis of the past several years, which has trickled down into many other parts of the economy. Historically low interest rates and a still-high inventory of foreclosures and bank owned properties have contributed to creating attractive home values for buyers, according to Bakst.

“With the Federal Reserve's end of QE2 coming up, there is a fear in the market that interest rates will start rising again. When they do, some of these buying opportunities for Northern Kentucky and Cincinnati real estate could go away.”

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