Zillow has refined their forecast of local ZHVIs over the next year. The Zillow Home Value Index results have tracked the Case-Shiller Index closely, and are probably as good as any crystal ball in predicting the future. These are the predicted changes in the ZHVI by...
Month: November 2014
Zawsuit
These guys run a true boiler room, with all the classic tricks. They have different people calling me regularly with specials, upsells, takeaways etc., with the loud clamoring of other salespeople in the background. One caller told me that he has 400 agents (used to...
Mortgage Qualifying for Retirees
Seniors can have trouble qualifying for a mortgage, in spite of having ample assets. Here are some tips, from the wsj.com (their comments are good too): http://online.wsj.com/articles/jumbo-loan-challenges-for-retirees-1416413430 High-net-worth individuals often will...
“Successful U-Turn”
http://www.reuters.com/article/2014/11/20/us-usa-economy-housing-idUSKCN0J41P620141120 U.S. home resales jumped to their highest level in more than a year in October and outpaced the sales level a year ago for the first time in 2014, further evidence the housing...
Did She Say Lower Prices?
From PropertyRadar (ForeclosureRadar): “Earlier this year we accurately predicted that 2014 would be a year of lower sales volume and flat prices because home prices rose too far too fast,” said Madeline Schnapp, Director of Economic Research for PropertyRadar....
The Eagles
Back when the Eagles were more than a cash register - with Randy Meisner on lead vocals and bass in 1977: Glenn Frey revealed that the band were all on peyote when the pictures for their debut album cover were shot in Joshua Tree National Park....
Home-Improvement Ideas
Read the full article here: http://www.amazingoasis.org/2014/03/here-are-30-relatively-simple-things.html
Precision Pricing
Jim, when you say "be within 5% of the last comp", you're saying to add 4.999% to the last sold price nearby to determine a list price for my house? That's how most sellers and agents will do it. But motivated buyers will compare it closely to other sales - homes...
Tribute
I was never much of a hockey fan, but you gotta love Gordie Howe:
2015 Forecasts
Freddie Mac is predicting a safe and comfortable 3% appreciation next year, but we haven't seen mortgage rates above 4.5% since mid-2011. What do you think? http://www.mortgagenewsdaily.com/11172014_economic_forecasts.asp Zillow 2015 Appreciation Forecast Del Mar...