You'd probably need to be a real estate geek to endure the whole hour of this presentation, but the topic could be the number one market issue - homeowners who have a 3%-something fixed rate are less likely to move, and could be locked in for the duration. They get...
Month: July 2014
Working the Plateau
Buyers and sellers are aware that the market has been cooling off, though if you go by the soundbites, nobody seems to know why. From Dr. Shiller this week: "The market has been very strong since 2012. It's up 27 percent since March of 2012. It's been a huge boom,"...
Call Me The Breeze
They call this southern rock, but I never got the difference. http://en.wikipedia.org/wiki/Lynyrd_Skynyrd
SD Case-Shiller, May 2014
The month-over-month change in our local Case-Shiller Index was positive in May, which is no surprise. It's reflecting decisions made in February and March, which was about 5% ago. But the M-O-M numbers are sliding downward quickly, and could be flat or negative as...
Dismantling the Cabal, Part 3
Zillow and Trulia went and got married over the weekend. The idea of them becoming a brokerage is another topic, and they would be swinging for the fences there - it's probably not going to happen, at least not in the short-term. But their marriage does set up the Big...
They Are Excited
Because of your importance as a Premier Agent, I wanted you to be among the first to learn we have just announced that Zillow has entered into a definitive agreement to acquire Trulia. You can read the full press release here. I'm really excited about this...
Kayla’s Korner
With all the merger hubbub, let's keep an eye on the Zillow stats. No MLS input yet of this house - just a Zillow ad plus open house signs were used to publicize my listing in South Carlsbad today. I inputted the Zillow data and photos on Friday at 6:30pm. Here are...
Sunday Open Houses!
Enough of this wild speculation about the future - let's sell some houses! Both Richard and I will be conducting open houses in the same neighborhood tomorrow - two for the price of two!...
Dismantling the Cabal, Part Two
If the Zillow purchase of Trulia comes together, and Zillow wants to further their dominance without creating a standard brokerage, how could they do it? There are 17,488 dues-paying agents who are members of the MLS in San Diego County. There are at least another...
Dismantling the Cabal
If Zillow and Trulia join forces, could they take over the industry? The real estate-selling industry will need to concede, either formally or informally. Informally, we have already given up. We are not a union, and there is no real leadership among realtors. We...