Jason Potrzeba's Blog

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Mortgage and Lending - Acadia Advisory Group LLC

ARCHIVED BLOG POSTS

2010 

Investing in Rhode Island Mixed Use and Multi Family Property. Just reading between the lines on some Rhode Island real estate figures that have recently come out, it seems that there might be some good opportunity with purchasing either a mixed use or multi family property. The average price of ...
06/23/2010
The Providence Journal used a headline of "Strong May for RI Housing Sales." I think the actual numbers are mixed and flat at best. Still, when compared with national figure which dropped, flat isn't all that bad. The number of single family home purchase rose from 666 to 667. I'm not even sure i...
06/23/2010
I read a breakdown on May's real estate transactions and it's not by much but it appears that greater than half of the transactions are being done by individuals who have substantial savings and reserves....  49% purchased as owner occupied with some form of mortgage taken out. 25% were purchased...
06/23/2010
A current AP Headline... Home sales dip 2.2 pct despite tax credits May home sales sink 2.2 percent despite help from federal tax credits Rates are great. The supply of inventory is endless. Home prices are very low. What are we missing? Stable employment and consumer confidence. People are spend...
06/22/2010
Commercial Loans in Rhode Island. Here are a few comments from the Fed's Beige Book Survey on commercial leasing activity in Rhode Island. Rhode Island commercial leasing activity is at least flat and in some cases noticeably improved when compared to the last report. In recent weeks a significan...
06/22/2010
Potential Housing Shortage. I caught part of a news story this weekend that spoke about a potential housing shortage that could happen as more and more people returned to work. Part of the cause here is that new construction is down and will not keep up with the growing population. I think what w...
06/21/2010
1 Comments
I have a tip to pass on when buying a welcome mat for your home. Stay away from any mat that has a ridge or frame type border. We got a new one recently that looked nice but when it rained water got trapped and settled into the mat creating a small puddle and soggy mess. With the extra water I al...
06/18/2010
Somerset Credit Union has a billboard sign in Fall River Ma that states they have tight equity mortgages. It's so simple and I love it. Both the marketing and the actual product. I too have some programs available for those homeowners who are equity challenged. Depending on the circumstances, the...
06/18/2010
This is significant. Depending on the actual vehilce, whether it is an inexpensive travel trailer or a six figure class A, many people are comfortable taking on this new expense. I see this as strong confidence that these buyers believe they can afford the insurance, loan payments, upkeep as well...
06/17/2010
Commercial Mortgages from Seekonk to Swansea Ma. This area along route 6 looks to be heating up with some commercial activity. With the new Ultimate Electronics superstore coming to Seekonk and the new Target going in just east of Swansea Mall, this area should really benefit form new jobs and so...
06/16/2010
Rainmaker
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Jason Potrzeba

Private Money & Commercial Mortgage Broker - MA/RI
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