Hat tip to daytrip for sending this in from the latimes.com: The front-end loader swung to the right and took a bite out of the shingled roof of the quaint cottage. The roar of the engine and crackle of buckling lumber carried down Elm Avenue in Manhattan Beach....
The Future
MID Ideas
While everyone is looking forward to Christmas tomorrow, let's sneak in one last article this year on the MID, this from the Reason Foundation: http://www.mortgagenewsdaily.com/12232013_mortgage_interest_deduction.asp Here are excerpts: The mortgage interest deduction...
AgentMatch Surrenders Already
The people from realtor.com who were experimenting with an agent-rating site dubbed, 'AgentMatch' gave up the fight today - before it even started. From the realtor.org website: http://www.realtor.org/articles/realtorcom-concludes-agentmatch-pilot We learned a few...
Appetite For Condos
From the latimes.com: Southern California home buyers have pulled back, purchasing fewer single-family homes in October as they struggled to afford houses that have jumped in price this year. They didn't, however, lose their appetite for condos. Changing cultural...
Chinese and California Housing
Hat tip to daytrip for sending this in, from cnbc.com: At a brand new housing development in Irvine, Calif., some of America's largest home builders are back at work after a crippling housing crash. Lennar, Pulte, K Hovnanian, Ryland to name a few. It's a rebirth for...
AgentMatch
Realtor.com is beta-testing AgentMatch in Las Vegas and Boulder, and just announced that they have selected 16 realtors to form a advisory board "to work in tandem with us on this important project". From the article: AgentMatch ranks agents by city, ZIP code and...
Zeeesh
The Z-team is up to 65 million visitors per month, and claims that they are still a friend to agents. If so, some leadership would be appreciated - come up with a bidding-war online platform or something:
Realtors and The Future
The N.A.R. has been releasing their annual surveys over the last couple of weeks. The big kahuna was the 2013 Profile of Homebuyers and Sellers, linked here:...
Asians and American Real Estate
A panel discussion about Asians buying real estate in America:
Why Home Prices Will Hold or Go Up
Home buyers are hoping that higher rates will cause prices to come down, and while it could certainly happen - here are reasons why they won't: Prices have increased so much, so fast, that sellers are emboldened. If it would have taken the 5-10 years to bottom out...