From John Burns Real Estate Consulting, a company that is very thorough in their research: http://realestateconsulting.com/betting-on-chinese-home-buyers-in-the-us/ I live and work in Irvine, California, which many consider to be ground zero for Chinese new home...
Month: August 2015
Zillow and the Future
Rob Hahn discusses his thoughts about the future of real estate agents after reading this in the Zillow 2Q/2015 Earning Call: For example, at the end of Q2, the number of agents spending more than $5,000 per month, grew 48% year-over-year. Agents spending over $2,500...
Realtor Transparency
I am a fan of transparency. The two best attempts of creating an agent-ranking website got shot down by realtors themselves. But outside entrepreneurs keep plugging away, and one of them could find the right mix and hit the jackpot some day. One website called...
Death Discount
Thank you daytrip for sending in this story about sellers who didn't disclose a death on the property - an excerpt: https://read.atavist.com/the-ghosts-of-pickering-trail Over the next 15 years, Bell traveled all over the world, dividing his time between massive...
Renting vs. Buying
This cnbc.com article talks about how 'crazy' rents have become, which isn't exactly a scientific term but rents do appear to be on the rise. But the indented paragraph below shows how low rates and big down payments have helped buyers lower their monthly 'nut'...
Inventory Watch
Early last month we had that little blip in new listings that I thought could mean something, but the New Actives and New Pendings counts sure have settled down since: We were on about the same pace last year at this time! Click on the link below for the complete...
My Girl
Kayla is doing great. While her claim to 'taking over' was valid, it might take longer than imagined - because I'm not going anywhere. She has all the right talents though, and I couldn't be more proud:
Country Ranch
Kayla's tour of our new listing in the foothills of Vista - only $579,000! Open house today 11am - 2pm: http://www.zillow.com/homedetails/2005-Alessandro-Vista-CA-92084/2101389167_zpid/
Preparing Your Home to Sell
Here's the best reason to fix and clean your house before selling. It is irresistible for buyers to add up what they think needs to be fixed, and subtract it from your price. I-R-R-E-S-I-S-T-I-B-L-E. Some make a sport of it, with both husband and wife scurrying...
Preparing Your Home for Sale
Reader 3rd Gen SD sent this in yesterday: JtR, have your sales and experience led you to a percentage of listing price that should be devoted to making deferred maintenance and aesthetic updates? Perhaps a suggested metric other than percentage of LP? To wit, I'm sure...