RECENT BLOG POSTS
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The last couple of months have been frustrating for a majority of my buyers. The issue that we are running into is that there are not enough quality homes on the market. I know a lot of you might be thinking that there are a ton of properties in your neighborhood for sale or that are vacant. The ...
07/14/2009
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April 25, 2008 Short Sale awarenessI was going back and forth on what to write this week in my blog. I was telling my wife that I don't want to sound like a broken record, repeating the same information every week, so she suggested I write about short sales. I looked back and it has been awhile ...
04/25/2008
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I showed an REO property to my first time buyers and they loved it. We came in full price asking for the bank to pay cost. The bank agreed to the offer and we opened escrow. We requested that the bank turn on the utilities to the house so that we could do the home inspection. The next day I went ...
04/21/2008
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I read the following brief report online:Southern California's seasonal boost in home sales between February and March was less than half its normal level and a record low, and median prices of sales took a dive, according to a report today from data provider DataQuick Information Systems. A tot...
04/17/2008
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I just wanted to share my success in this last month. I have been working with a lot of first time buyers to help get them into a great home. Most of them are looking at reo homes. I have learned to be patient and upfront with my clients about what to expect. This month I have put 3 people in to...
04/16/2008
I just read an article from our local newspaper The Press- Enterprise. It stated that we are up in the amount of foreclosed homes from last month by 30%. But, Realtytrac and real estate data source stated that they were surprised that the numbers were not a lot higher. Some of the credit goes to ...
04/16/2008
I heard in a news report on Tuesday that the amount of homes that went pending in February was down 1.9%. Of course this is a national average. I was sort of surprised because here in my office our open escrows have grown since January. As I looked closer at the data I found some really good ne...
04/10/2008
I heard in a news report on Tuesday that the amount of homes that went pending in February was down 1.9%. Of course this is a national average. I was sort of surprised because here in my office our open escrows have grown since January. As I looked closer at the data I found some really good ne...
04/10/2008
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The changes that I have seen in the last couple of weeks have been amazing. I have been writing offers for clients on bank repo's. Nine out of ten repo's have multiple offers on them. A lot of counter offers that I receive from the banks ask for my clients to come in with their highest and best o...
04/08/2008
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Throughout the week I have read a couple of reports that have shed some positive light on the whole housing situation. With the Fed injecting money into the financial markets and banks desperately trying to help out defaulting homeowners, more good news is coming out in regards to the housing mar...
03/21/2008