Coach/Trainer/Realtor
Somehow I completely missed the blossoms. I was at an inspection yesterday and finally when I was on the second floor with a tree in my face, I saw the blossoms. From there on I saw them everywhere. My street is lined with them, much like this picture I took while I was in Gresham […]
Around the Sun blog came out with the weekly list. Once again Twisted is my pick. I love Raising Arizona and my favorite scene is where he tries to rob a store to get diapers which doesn’t work and then hilarity ensues. Also for about 5 years in my mid 20’s I had on average […]
This is a little better than what I expected. We always get a bump in January from sellers coming back to the market after the holidays. Here is the full pdf of the February Market Action 2008 February will not usually continue the wave. The inventory dropped 19% which is a lot but not outside […]
I don’t like Median and Average Sales Prices because there are so many factors that can affect it. But I do like the actual numbers. For the year so far in comparison to last year, Listings ↑3% Pending Sales ↓35% Closed Sales ↓30% They say we don’t have to the same exposure to the subprime […]
They actually sold enough tickets to hold the raffle, 5000 for $100 each. I have been giving this a lot of thought to imagine the pitfalls and the biggest is the income tax on the prize. The home in this raffle is appraised at $390,000 according to the story. An accounting firm did an analysis […]
I have just heard about a home that sold at the auction this weekend. It sold for $505,000 including the 5% auction fee. The home was listed for as low $560,000+ and has high as $605,000. Here are the listing prices (rounded) over 500 days, $610,000 (100+ days) $645,000 (one day) $610,000 (8 months) $677,950 […]
I was looking for information on something else and came across this post. I have heard about raffles for a house before but this is the most recent. A property over on the Oregon Coast was being raffled off. They tried to sell the property for $500,000. I guess they didn’t have much luck, so […]
It is amazing anyone has bought a house in the last 50 years.
In 1950, the average new home had 963 square feet, with two bedrooms, and one or one and a half baths. In 2004 for it was 2,330 sf. According to US Census, in 1950 there were an average of 3.27 persons per household. For 2004, it is 2.03. Houses are bigger and families are smaller. […]
From RMLS: Under an agreement with the Attorney General of the State of New York and the Office of Federal Housing Enterprise Oversight, Fannie Mae will take steps to assist regulators in their efforts to enhance the quality and independence of the appraisal process. Fannie Mae will adopt a Home Valuation Protection Code and beginning […]
I read a headline that said home prices could return to 2001 level. I would find that to unlikely but possible for a brief period of time. I have seen a lot of flexibility out there and appraisals getting tougher. The last five years have been similar to me hitting a slick spot in the […]
In Florida a bank made a mistake changing the locks and draining the pool on the wrong house. Well heck, won’t they all be in foreclosure eventually. Seems possible based on the news. Here is a link to the video.
The latest data says it is a recession. Delinquencies hit 23-year high. A snag on the road to refinance. Employers slash jobs. Maybe FHA will save the day. There will be days of good news to come but this isn’t one of them. My belief is that it is never as good or as bad […]
Who doesn’t know someone nailed by this flu or at least had it? One thing I am hearing, and possibly feeling, is that it comes back just like the bad guy in the movie. One agent in my office got a second hit and I am feeling a little worse for wear. Unfortunately hit him […]
Free events this weekend in Portland as compiled by the tireless blog, Around the Sun Blog. My favorite though it seems odd and fitting that with their name, they are showing a movie at a craft shop. Twisted, a yarn and craft shop on NE Broadway, will be showing the ’80s flick Revenge of the Nerds […]
This was sent out by RMLS today: It has come to our attention that some homes that are posted for sale on Craigslist are being fraudulently re-posted as low-rate rental listings on Craigslist. The photos, address and other details were all included in the scam rental post with an e-mail address directing people to what […]
