Realtor/Coach/Trainer
It all started with me getting slammed by some weird illness last Friday. I had a sore throat all week but the rest of it rolled in Friday afternoon and put me down for the weekend. Monday was unburying myself and finishing up other tasks that were put to the side. This week I had: […]
Foreclosures slow down in Denver. It may be due to new rules lengthening time for seller to repay. This article claims declining values are the main reason for foreclosures now, not subprime loans. New laws have slown down foreclosures. Hawaii is comparatively low in foreclosures.
So you are behind in your payments. Banks are calling; telling you some odd scenarios- basically trying to scare you. Foreclosures and short sales are the number one thing people ask me about. So here are 9 options when facing foreclosure. 1. Do Nothing – If a homeowner does nothing, they will most likely loose […]
The full Market Action Report is here. Virtually the same number of homes for sale on the market as last year. As many listings as I have, look to your right, I would have guessed more. Year over year we are down 2.2% for Median Price which doesn’t seem like much in relative terms. I […]
Philly Sheriff Stops Enforcing Foreclosure Notices. Fairfax County to buy foreclosed homes. USDA 100% loans for rural properties in Oregon. These include Sherwood, Newberg, Canby, North Plains and others. This program is getting little attention and they are trying to get the word out. When people think of rural areas Sherwood probably doesn’t pop into […]
For awhile I was reporting on the numbers, statistics and prognostications that I found quite often. It is seductive to report the good news about our market. Makes us feel good. But the numbers are interpreted by whoever compiles them and compared to other numbers that someone else put together and there is at least […]
This chart surprised me. It shows that housing starts per million people fell starting in 2005. This information is from US Census Data. Our slowdown came later than others places and luckily we haven’t fallen as hard. Las Vegas started having troubles in 2006 if I recall correctly. One buyer sued the builder because just […]
I have complained about appraisers a lot and even a time or two here. Today I listened to a appraiser whom I gained a lot of respect for today. He dispelled some things that I have heard from other appraisers. Just last week an appraiser told a colleague that he wouldn’t appraise any house above […]
Sure why not. “Michael Crews Development is offering new, 2000-square foot cityscape row-homes worth $400,000 in Escondido for free — if you buy one Royal View Estate home in San Pasqual Valley starting at $1.6 million.” Creativity is at an all time high. Auctions Free cars Vacations and now buy one get on free. This […]
Thais little box holds the key to the home. There are a few different keys that agents can use to open them but all involve an infrared beam. The keys need to be updated for the agent to use it. The key that I have updates itself every 10 minutes or so. Some agents use […]
Remember that these numbers come after one of the fastest run ups in history. As of 2004, “The average nationwide rise of 47% in median home prices since 1995 (after adjusting for inflation) is like nothing America has ever seen.” These numbers are national. Sales of single-family homes during the first quarter were down 20.9% […]
Creative Home Engineering specializes in secret doors. (Above is a picture from a recent Street Of Dreams Home.) You have no idea how much I love hidden rooms. I don’t know where it comes from but I saw one when I was a kid and it floored me. Up in a loft where everything […]
I, and assume several other agents, were sent a questionnaire from a homeowner that had 10 questions with multiple questions in most of the numbered questions. I have listings that have few showings and little interest. I have a listing that had 24 showings in less than 2 weeks. My marketing, photos, websites, wording, etc. are […]
A Federal Interactive Map showing Subprime and Alt-A exposure has been released. December 2007 numbers for subprime below. Here is a link to national data. As I have mentioned before, in 2005 it was reported that 45% of homes sold were bought as secondary homes, either rentals, flips or vacation residences. A chart on that […]
Seen enough April’s Fool jokes today? Yeah me too but I also am writing this after looking over Freakonomics blog. They look at statistics differently or try to look deeper. Right now with tons of numbers and statistics thrown around from National Association of Realtors and Doomers it gets confusing to what is going on […]
Full article from Yahoo! here. After falling for six straight months, sales of existing homes posted an unexpected increase in February which may have reflected more aggressive price cutting by sellers in some parts of the country, a real estate trade group reported. Trends are more important than blips. One month does not equal much. […]
