Seen on Tom T's twitter account, from cnbc.com: http://www.cnbc.com/id/100876300#_gus At a brokers open house in Northern Virginia this week, real estate agents said they are already seeing the effects of higher rates on the ground and in the homes they're trying to...
Since the last peak, there has been one house in this neighborhood sell over $1,000,000 - and it was a month ago for $1,040,000. So this seller adapted a typical strategy for today - spread a big range around the last comp:
Those who attended frat-house parties in the early 1980s probably had beer spilled on them while listening to a steady stream of techno-pop, like this:
Hat tip to Booty Juice for sending in Nick's article on the Las Vegas market- and the effects of halting foreclosures: http://online.wsj.com/article/SB10001424127887323687604578467260571838502.html You'll need to be a subscriber to read the full article - but here are...
The article linked below focuses attention on the perceived problem of data pirating, and the efforts being made to stop it: http://www.inman.com/2013/07/08/new-group-to-coordinate-action-against-mls-data-pirates/ Realtors get fired up about data pirating, yet, you...
The California Senate passed the California Association of Realtors-sponsored tax relief bill without a single "no" vote on June 20. SB 30 (Calderon, D-Montebello) protects homeowners from having to pay income tax on a short sale. SB 30 will extend the sunset date in...
The previous period had 86 new NSDCC listings, and 64 new pendings. In the last week we had a 81:53 mix of new listings and new pendings. Even though mortgage rates zoomed higher, there are no real signs of panic here: The UNDER-$1,200,000 Market: Date NSDCC Active...
Blackstone Group LP, the private-equity firm that has spent $5 billion on more than 30,000 distressed houses, is preparing to expand its bet on the housing recovery by lending to other landlords. The firm, which already owns more rental homes than any other investor,...
Some agents get more caught up in their posturing than their fiduciary:
As we transition into the Kayla era, hopefully we will be more efficient with our video production and quit wasting your time with stupid zany stuff. Here's the 1,500th youtube:
