RECENT BLOG POSTS
So many in the media write about the current market as if the sky were falling. Sure there are problems, big problems, but it's not as if the problems are new or that we've never had colling off periods and falling prices. It's basic economics that market exuberance--and foolishness--will be foll...
01/19/2008
As part of my job to know that market in my area, I attended five broker open houses yesterday and today. They were in different communities and are being offered at different price points. For example, a small 3-brm ranch w/potential in a modest neighborhood was priced at $339K, while a an updat...
01/18/2008
My sister recently asked me to help her find a house she and my brother-in-law could pick up at a discounted price. Their plan is to sell their current home--which is a lovely home they had built about 5 years ago--move into and fix up the new home as a project for my handy and hyper energetic br...
01/17/2008
As part of study of the local/region real estate market, I analyzed the market absorption rates for different 10 communities w/in my town. I used ActiveRain member Gail McMillan's (as per her "Market Absorption Rate Formula - Made Easy!!"), which is current inventory divided by avg # of sales/mo....
01/16/2008
A few months ago I posted my mother's home for sale in Puerto Rico on one of my blogs. The blog has nothing to do w/real estate but some of the readers have a family connection to Puerto Rico. The economy is in very rough shape on the island--and from what I can tell, the listing Realtor is not e...
01/15/2008
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Gerry Vazquez

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