The number of homes for sale in the last year is falling the most in California, with eight of the top 10 biggest drops in inventories in the last year from metro areas in the Golden State. Many California metros are also seeing asking prices on the rise in the last year, too.
Homeowner association meetings can get heated as neighbors fight with neighbors or dispute board rules. But a recent HOA meeting in Louisville, Ky., resulted in two people dead.
A 55-year-old man, Mahmoud Yousef Hindi, has pleaded not guilty to two murder charges that stem from accusations that he…Continue
What you might NOT know about GOOGLE APPS!
If you are using an Android Tablet or Phone and you have installed one of Google’s Apps such as Google search or Google+ or using GMAIL, you have agreed to terms & conditions…Continue
Freddie Mac could receive between $2.2 billion and $3.4 billion in more profits from forcing lenders to buy back "a significantly larger" number of soured mortgages, according to the Federal Housing Finance AgencyInspector General.
Up to $1.2 billion in new profits could go to the GSE this year alone.
The FHFA IG said the estimates are based on a review of 350,000 more loans than before.
Added by GLOZAL on September 13, 2012 at 12:51pm — No Comments
Several real estate markets are showing signs of recovery, with median home prices and sales rising. But which markets are showing some of the strongest signs of recovery?
24/7 Wall St. recently evaluated home price changes for the year ending in July, foreclosure data, the unemployment rate, and other factors to help determine which housing markets are performing some of the strongest. The states that emerged on top of the list are:
Added by GLOZAL on September 12, 2012 at 10:06am — No Comments
A Florida home has sold for $47 million, a record for a single-family house in Miami-Dade County, as the high-end real-estate market shows signs of a resurgence.
The home was originally listed for $60 million and had been on the market since early 2011, when construction was still being completed. The asking price for the Indian Creek Village home was reduced to $52 million this year.…Continue
GLOZAL's count down for it's release of its consumer listing portal coming September 1, 2012.
With the launch of our new consumer website we will combine Residential and Commercial property listings around the globe. GLOZAL’s new Global Multiple Listing Service…Continue
Wells Fargo will pay some borrowers $125 million to settle claims its wholesale brokers steered minority homebuyers into more expensive subprime mortgages.
The San Francisco bank said it will cease funding mortgages originated by independent brokers through its…Continue
Skim Google for “Secrets” to CraigsList Advertising and you’ll come up with a ton of half baked and out dated ideas. Here are some with personal observations.
SHORT ADS receive more clicks than LONG ADS and they have 80% more success to not be flagged. (True)
EBay is a great word to use in the subject of your ads. (True but Realtors seldom sell property on EBay)
Subdomains are not (normally) flagged on CL. (Anything can get flagged by enough unhappy other…
Added by Cyril Beaton on June 29, 2012 at 11:43am — No Comments
Forty-seven percent of Generation Yers say they plan to purchase a home within five years or less, according to a new study released by Western Union. That tops the general population, 29 percent of which say they plan to buy a home in the next five years or less.
Ten percent of Generation Y members…Continue
Added by GLOZAL on June 1, 2012 at 1:24pm — No Comments
Mistake #1 – You give up before you give it a chance; So there were all signed up with CraigsList and you just posted 10 Real Estate Ads expecting the phone to ring and nothing. You also noticed that 300 other ads were entered by the time you got at it. Day one goes by and no calls, no emails. Day two you do the same but decide to double your effort and still nothing. Day three you decide to take a break from ten minutes on CraigsList and you don’t post. Day four and…Continue
Added by Cyril Beaton on May 31, 2012 at 3:26pm — No Comments
Existing-home sales rose in April and remain above a year ago, while home prices continued to rise, according to the National Association of REALTORS®. The improvements in sales and prices were broad based across all regions.
Remodeling and construction of single-family homes to make them more green continues to grow as more attention is placed on the benefits of going green for energy efficiency savings and better indoor quality, a new study shows.
In the construction market, the green home market share has grown to 17…Continue
Added by GLOZAL on May 2, 2012 at 5:28pm — No Comments
February 2012 index level (January 2000=100)
Change January to February
Change from year ago
Added by GLOZAL on April 28, 2012 at 2:27pm — No Comments
Last year, 10 percent of REALTORS® complained about receiving low-ball offers on listed homes — offers usually submitted by the buyer for 25 percent or more below the list price, according to a National Association of REALTORS® survey of its members. But that number has dropped drastically.
Real estate agents earned a place on U.S. News and World Report's recent compilation of the best business jobs, alongside such other professions as human resources specialists and meeting, convention, and event planners.
In addition to putting the customer first and other tips, insiders say that staying…Continue
Added by GLOZAL on April 23, 2012 at 12:05pm — No Comments
Banks are agreeing to more short sales, and for the first time, short sale transactions are exceeding foreclosure deals, according to the most recent housing data from Lender Processing Services (LPS) Inc.
In January, short sales made up 23.9 percent of home purchases, according to…Continue
Added by GLOZAL on April 20, 2012 at 2:19pm — No Comments
Appearance may matter when it comes to selling homes, at least according to researchers in a newly-published study in an industry journal, Applied Financial Economics.
Physically attractive real estate agents — both on the listing and selling side — tend to sell homes for higher prices, the researchers…Continue