I am expanding the team to provide a wider range of services, and in particular, to work the f-list more effectively. Here's one off the list today:
Month: February 2013
Foreign Investment Firms Too
JERSEY CITY, N.J.—On a recent Tuesday morning, Alan Dixon, an investment manager originally from Canberra, Australia, stood in front of a four-story townhouse here, one of the latest assets he purchased for his company's shareholders. Mr. Dixon's company, US Masters...
He Ain’t Heavy, He’s My Brother
A baby-boomer staple, from the Hollies:
Vintage 1986
The older homes under $1,000,000 tend to need work:
BofA REO/Short-Sale Seminar
Yesterday I attended the Bank of America REO/Short-Sale seminar for agents on their preferred list. They haven't sent me a new REO listing in about a year, so I thought I better attend, just in case it improves my chances. They mentioned that they've cut 1,200 agents...
$195,100 Over List
To fulfill the entire frenzy experience, it's good to review closed sales to see how crazy it can get. Back on December 2, 2011, the bank's opening bid at the trustee's sale was $990,000 on this La Jolla house that had undergone a partial demo & rebuild (more demo...
DMH Big Money
Some buyers are so flush that they pay $1.2 and start over - the second half of this video shows the view potential from the initial visit almost two years ago, and a snippet of Jim the Realtor being recognized on the job: Click here for the original full-length...
Buying After Short Sale
Andreea Stucker thought she made a good investment when she bought a Huntington Beach condo with her boyfriend in December 2005. But then she and her boyfriend split up. He moved out just as the housing market crashed, leaving Stucker broken-hearted, and broke. With...
Pricing Momentum
Pricing momentum is underway. It takes a few sales to get it started, and then subsequent sellers build from there. The house in the video below is in Del Mar Heights - these two comps nearby happen to be the highest-priced sales in the last 12 months: Same street but...
Higher Prices Causing More Listings?
Is the thought of higher prices causing more people to list? Not yet, though the list-price-per-sf average is 9% above recent years: NSDCC Detached-Home New Listings between Jan 1 - Feb 15 Year # of New Listings Avg LP-Per-SF 2010 663 $466/sf 2011 747 $460/sf 2012 620...