It will be difficult to determine the frenzy velocity because you will keep seeing eye-popping sales that make you think that the market is still on fire. This is where evaluating the features of each house will come in handy. The high-value targets - great...
What makes me think the frenzy is slowing down? 1. List prices have gone from 'exuberant' to "hit-the-lotto" range, generally speaking. Have you seen it too? It's not enough to just get more than the last guy, some sellers list so high that they must be thinking of...
Most mortgage fraud takes place in the short sales and REO space, according to Rob Hagberg, associate director of fraud investigations at Freddie Mac. “This area is ripe with fraud,” he said during a webinar hosted by CoreLogic. While servicers and others in the...
From the mercurynews.com: Selling your home? You can get the best possible price if you know how to negotiate. From truly understanding the market to figuring out what moves prospective buyers, it pays to be part detective, part psychologist and completely realistic....
Socalbuyer wanted stats on other areas, and I take requests! With our temperate weather, the spring selling season really gets started in January, and kicks up a notch after the Super Bowl - and this year came out blazing. Let's compare the closings in March and April...
Banks are constantly tweaking their foreclosure package, thinking it will provide more benefits. In the confidential remarks: This property is under Auction Terms. All bids are to be submitted through auction.com. This property is subject to a 5% buyer's premium. Here...
An example of how the market is moving - more higher-end sales: Sellers are enjoying the party.
The real estate industry is known for its gimmickry, and is ripe for internet hucksters who put their own twist on it. SD_Coastal sent in this latest attempt - an internet-referral company who has realtors who will discount their commission by 50%. Towards the end...
