Another hat tip to daytrip for sending this in from cnnmoney: Nearly 1.2 million mortgage modifications have been completed since the Home Affordable Modification Program (HAMP) was first launched four years ago. Yet more than 306,000 borrowers have re-defaulted on...
NAR is finally getting around to wondering if they should do something with realtor.com, and start competing with those pesky upstarts Zillow and Trulia - in fact, they've called a special meeting! http://www.inman.com/2013/07/23/will-nar-let-realtor-com-soar/ Todd...
Here are four of the nine DM houses on the broker tour today. But I was also in search of more data and opinions on market conditions. I think we are settling in for an extended run of normalcy - where turn-key sellers of attractively-priced homes with broad appeal...
There was a lot of hubbub yesterday about NAR's annoucement about their goofy 'seasonally adjusted annual rate' of national sales dropping 1.2% from May to June. Lawrence Yun didn't mention here that there were 9% fewer business days in June than in May, which would...
The Under-$1,200,000 market has been fairly steady lately, but those sellers higher up must be feeling a little lonely: The UNDER-$1,200,000 Market: Date NSDCC Active Listings Avg. LP/sf DOM Avg SF April 29 201 $384/sf 36 2,599sf May 5 195 $381/sf 36 2,633sf May 9 207...
The titans of on-line real estate in a panel discussion about the future: In the beginning the moderator claimed that Zillow is the MLS in many cities, and their COO didn't want to have anything to do with it. Either Zillow is planning a sneak attack, or they are...
LOS ANGELES (July 17) – Demonstrating the proliferation of mobile technology into nearly every facet of our lives, more than eight out of 10 home buyers are accessing home information on their smart phones and computer tablets, according to the CALIFORNIA ASSOCIATION...
USC Ross Minority Program in Real Estate is coming to San Diego! The USC Ross Program is an executive training program bringing individuals from a wide variety of backgrounds and perspectives together to solve complex real estate challenges. Whether your interest is...
Hat tip to Susie for sending in this great article from SFGate: Houses deluged with offers way above their asking price are common stories nowadays. But there remain a significant minority of wallflowers. They could be challenged in some way — awkward layout,...
We have seen how the lack of inventory seems to drive the frenzy. When buyers see fewer choices, they tend to start gobbling. You can see below how the recent frenzy got started - there was a low level of new listings in early summer, at relatively low pricing: June...
