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May 31, 2006
More REBs
Brick by brick: A lawyer’s musings on real estate law in California
Pittsburgh Homes Daily, targeted at those planning to move to (or moving within) Pittsburgh
Homewerx Home Inspection Blog, AKA "the Original Home Inspection Blog"
The Gene Molloy Real Estate Blog
Michele Flory’s Experience The Woodlands, TX
John Silos’s Fairfields Real Estate Blog
Here’s new real estate blog ranking site called PubSub
A new NAR blog (On top of In addition to the old NAR blog)
Real Estate Blog for Palo Alto & Mountain View
Tim O’Dwyer’s Australian Real Estate Blog
Ben Kakimoto’s blog of Seattle Condos and Lofts
The complete List of Real Estate Blogs as well as Grow-a-Brain’s Extensive Real Estate Archives are Here
May 31, 2006 in Real estate Blogs | Permalink
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» Big Brother of the Blogs from Hot Property
I feel like I'm in high school again. I just found a website that is keeping track of Hot Property's traffic--of course, I knew Businessweek was doing that, but now it's out there for all to see. As good news... [Read More]
Tracked on Jun 8, 2006 2:54:54 PM
Comments
Shasha didn't invent Extacy. This agent was a product of German, circa 1911. It was developed in an attempt to create a weight-loss agent. Shulgin discovered DOM, 4-Methyl-2,5-dimethoxyamphetamine. Shasha doesnt know where this falsehood originated, an regrets it.
Posted by: don hersey at Jun 1, 2006 7:27:24 AM
The new NAR blog isn't on top of, just to the side of. :)
Posted by: Keith Garner at Jun 1, 2006 9:13:44 AM
Thanks for the mention. We are more than a keeper of lists, but a search engine as well. We monitor feeds, blogs, press releases, SEC filings and more. :-)
Steven Cohen
PubSub Concepts, Inc
[email protected]
Posted by: Steven Cohen at Jun 1, 2006 6:10:17 PM
Great Blog, and a lot of information.
Posted by: Richard Johnston at Jun 13, 2006 2:03:29 AM
American Dream Home Inspection provides certified home inspections for all real estate buyers, sellers, and agents in the southern california area and orange county cities visit our website at http://www.americandreamhomeinspection.net for more information
Posted by: real estate inspectors at Jun 17, 2006 11:16:02 PM
Hot, Normal, and Cold Markets
Hot Market -
This is an extremely competitive market, one that is advantageous to the seller. Sometimes, homes will sell as soon as they are listed or even before homes are listed. Typically, during a hot market, multiple offers will be made on each home and more often than not, homes will sell for more than their asking price. It is even more crucial to be prepared and to be ready as a buyer when the market is hot. It can be easy to get caught up in the bid for a home, but if you are prepared (pre-approved, solid in price range, realistic about your needs), it is easier to remain focused on your housing needs and price range.
Normal Market -
In a normal market, there is fairly a large number of homes available and an average number of buyers. This market does not necessarily favor the buyer or the seller. A seller may not have as many offers on their home, but he or she may not be desperate to sell either. Again, it is the buyer's responsibility to be prepared. During a normal market, the chances to negotiate are higher than in a hot market. As a buyer, you can expect to make offers at lower than the asking price and negotiate a price at least somewhat less than what the sellers are asking.
Cold Market -
In a cold market, houses may be listed for more than a year and the prices of houses listed may drop considerably. This market is advantageous to the buyer. As a buyer, you have the time to make an offer that works to your best interest. It is not uncommon to low-ball and to find that sellers are accommodating to meet your needs. Keep in mind that even though this market is a great time for buyers, you do not want to lose your dream home by being unrealistic. Your goal is to get the your dream home at the best possible price.
La Jolla, Real Estate, Exchange, Homes, Condos, Multi-Family
Posted by: Justin Chimento at Jun 19, 2006 5:46:48 PM
Great advice!
Posted by: Smiley at Jun 22, 2006 7:24:13 AM
To compete in the mortgage industry you need a well ranked website. We specialize in Search engine marketing within the mortgage industry. Our experts can provide the advertising packages your mortgage site needs to succeed in MSN, Yahoo, and Google.
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Posted by: William Andrassy at Jun 22, 2006 10:31:06 AM
Hi, this is a great real estate blog. I will keep reading.
By the way I just posted a great article about real estate investing in tampa bay florida
Please take the time to visit my blog at http://realestateinvestingjournal.blogspot.com and make a comment. I would like to know what you think about my blog :-)
Posted by: Leon Reinhart at Aug 10, 2006 7:49:48 AM
Sunday, February 4, 2007
If You Wait Long Enough, the Market Will Eventually Go Down, but not this year and not last year!
A lot of time, money and effort was put into creating a real estate market crash in 2006- well, it didn' t happen here in Los Angeles. Frankly, last year was a miserable time for me as a real estate agent thanks to the media and it's sensationalistic reporting. I still made plenty of money, in fact if I didn't get married and leave town for a big chunk of time, I would have made exactly what I made in booming 2005. What made it miserable was the atmosphere of false perception the media and people who don't know how to think independently created. I guess bad news sells better than good news. No one gets excited down at the coffee shop when someone says, everything's going to be o.k.
One bleary-eyed prospective buyer after another would tell me how they were going to wait for the market to come down some more and would probably wait to buy until next (this) year. Well, in the time that they waiting, in 90% of the Westside, values actually went up. In Santa Monica Condos, an area I specialize in, the median increase was 12.3%. Basically, every month someone waited for the market to go down, it went up. One percent is a lot of money with a median price of about $700,000. That means every month that someone waited they were paying a median average of about $7,000!
Even now, with all the data and statistics, some mediocre agents have been trying to negotiate down the sales prices on my listings by saying, "oh come on, why won't your seller accept this, the market isn't exactly hopping?"
The lesson is this-- look at the facts and talk to the man on the street to make your decisions, don't follow media hype or pedestrian conversations. People who are successful in their investment decisions have the ability to estimate risk and move forward independent of the herd of lemmings.
Click here to Learn More about Santa Monica Real Estate and Los Angeles Real Estate
Posted by: Simon Salloom at Feb 4, 2007 9:19:01 AM
Sunday, February 4, 2007
If You Wait Long Enough, the Market Will Eventually Go Down, but not this year and not last year!
A lot of time, money and effort was put into creating a real estate market crash in 2006- well, it didn' t happen here in Los Angeles. Frankly, last year was a miserable time for me as a real estate agent thanks to the media and it's sensationalistic reporting. I still made plenty of money, in fact if I didn't get married and leave town for a big chunk of time, I would have made exactly what I made in booming 2005. What made it miserable was the atmosphere of false perception the media and people who don't know how to think independently created. I guess bad news sells better than good news. No one gets excited down at the coffee shop when someone says, everything's going to be o.k.
One bleary-eyed prospective buyer after another would tell me how they were going to wait for the market to come down some more and would probably wait to buy until next (this) year. Well, in the time that they waiting, in 90% of the Westside, values actually went up. In Santa Monica Condos, an area I specialize in, the median increase was 12.3%. Basically, every month someone waited for the market to go down, it went up. One percent is a lot of money with a median price of about $700,000. That means every month that someone waited they were paying a median average of about $7,000!
Even now, with all the data and statistics, some mediocre agents have been trying to negotiate down the sales prices on my listings by saying, "oh come on, why won't your seller accept this, the market isn't exactly hopping?"
The lesson is this-- look at the facts and talk to the man on the street to make your decisions, don't follow media hype or pedestrian conversations. People who are successful in their investment decisions have the ability to estimate risk and move forward independent of the herd of lemmings.
Click here to Learn More about Santa Monica Real Estate and Los Angeles Real Estate
Posted by: Santa Monica Real Estate at Feb 4, 2007 9:20:56 AM