Blackburn Coastal Realty

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Real Estate Broker/Owner - Blackburn Coastal Realty
Economic news as it relates to our buyers and sellers of real estate.
The selling of homes is a partnership between the owner and the listing broker.  If both sides do their part, every house will sell and sell reasonably is intinsive work on both partners.  The only emotion that should be allowed is the emotion of the buyers and their agents.....jus...
Hedge funds and other instituional investors are snapping up lower priced homes, doing a bit of rehab and renting them out.  They are buying these homes by the thousands from lending institutions who have foreclosed. The supply of non-distressed homes is declining to unprecidented levels.  With t...
When we read the news, watch detective stories, terrorist activity and just about everything that happens in the separate fact from fiction we are told in so many ways "Follow the Money". "Experts" tell us conflicting stories in very convincing prognostications such as the residentia...
Long term lending via the Bond Market (and Mortgage Market) will be crashing in the not too distant future!  All over the world, especially in the US, the UK, Europe and Japan it costs very little to borrow money for the very long term (such as long term fixed rate mortgage loans on housing). The...
Selling a house is like selling a pair of tennis shoes in a store.  The store, the quality of the shoes, the value propostion presented to consumers (buyers), as well as the store's "presentation".  Before the product can go on the shelf, the store must do extensive market research to look at con...
The Fed had already pledged to go into the marketplace and purchase $40 Billion in mortgage backed securities.Today that has been increased to $85 Billion per month (over $1 Trillion per year). Furthermore, it was announced that number would basically go up to unlimited until the unemployment rat...
April 2010....the great oil spill hit our real estate market here at the Tampa Bay Beaches.  Business stopped, those of us who make a living at "the beach" had to shift gears on the fly. Now at Thanksgiving time here things have changed big time!  Real estate prices first went through a bottoming...
These expenses seem very low to me.  Our tools such as smart phones, laptops, tablets, CRM, and lots of marketing costs in addition to vehicle costs plus dues, fees and continuing education and E and O insurance.  I have estimated that a mid range car used in our business costs at least $1500 a m...
I completely agree with Joe's comments.  In the real world... not the "real estate world", professionals are held to a very high standard of performance.  Consumers of our services "get it" but these changes in consumer perceptions die hard. "Sphere of influence" type decision making is holding o...
When I decided to come into this business, I did so because I knew things had to change....and they are.  However, the friends and relatives of sellers who are not really engaged in the 7 day a week jungle of real estate marketing (traditonal Realtors) still are the seller representatives of choi...

William Blackburn

Blackburn Coastal Realty, We work at the beach.
smartphone(727) 322-2900
local_phone(727) 322-2900
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