Jacob Cross's (jacob525) Blog

I dont remember where I came across this at, but I think these are some great words for everyone to live by:   I PROMISE MYSELF... TO BE SO STRONG THAT NOTHING DISTURBS MY PEACE OF MIND. TO TALK HEALTH, HAPPINESS AND PROSPERITY TO EVERY PERSON I MEET. TO MAKE ALL OF MY FRIENDS FEEL THAT THERE IS ...

Unfortunately, in most communities, houses are over valued and markets will no longer support asking prices. There was a study released recently that reported that at least 50% of all homes in the US were ‘upside down' or at least have no equity. Another report showed that there are  only three c...

Sales of existing homes increased in May, beating analyst expectations, as an increasing volume of distressed real estate sales - including REO and borrower short-sales - helped resales edge up 2 percent to a 4.99 million annual rate, according to statistics released Thursday morning by the Natio...

Next month, Michelle Augustine plans to walk away from her four-bedroom house in a Sacramento, Calif., subdivision and let the property fall into foreclosure. But before doing so, she hopes to lock in the purchase of another home nearby. "I can find the same exact house as what I live in right no...

http://www.youtube.com/watch?v=pMcfrLYDm2U

Not that it pertains to our market but i thought it was interesting! Los Angeles Times writes that "Michael Crews Development is offering new, 2000-square foot cityscape row-homes worth $400,000 in Escondido for free - if you buy one Royal View Estate home in San Pasqual Valley starting at $1.6 m...

1)    Avoid any ‘free advice' such as "Work Smart, Not Hard". That's dangerous if not stupid advice. In this market you must work hard, every day. There is nothing wrong with doing things yourself. 2)    Take Action Now...Worry About The Rest Later. Far too often agents fool themselves thinking t...

Online real estate brokers now have the playing field leveled... The Justice Department gave online real estate brokers a boost Tuesday by forcing the NAR to open access to the MLS. The National Association of Realtors could no longer discriminate against Internet-based agents by blocking them fr...

As of February 29th, 2008, there are 2063 active listings in our local area. In February, 303 homes sold. Thats nearly a 7 month supply of homes assuming no new listing come on the market. In February, 551 new listings came on the market. Our average days-on-market (DOM) is not much different tha...

Here is the story....In one brief phone call, Nancy Corazzi's lender yanked away what was left of the $95,000 home equity line of credit that she and her husband took out five months ago.The lender informed her that her Howard County home had plummeted in value and the company did not want the ri...