Archives of real estate blog entries for January 16, 2008 (Page 9)

Blog posts


Avalanche - about to break loose- Darren Stewart - 12:06 PM
Currently in this market how many people do you know that are saying as soon as our house sells we will be buying?   They are out there and their number is huge, the inventory is also out there homes that are on the market are plentiful and 30 year fixed rates are now approaching record lows. 
The ingredients are there for 2008 to be a very busy time, picture the beginnings of an avalanche on the face of a mountain, right now what we are seeing cracks forming at the top  gradually that will begin to slide and when it breaks loose … (0 comments)

What is www.realtybid.com - 09:00 AM
Hey guys got a call from an agent this morning with questions about www.realtybid.com I heard about it in the past but not real sure how it would benefit us as realtors. Has anyone ever used this web site and if so can you give me so helpful hints. Thanks for your assistance
… (1 comments)

Managing Your Attitude ? - 11:36 AM
Am ReTelling a story I heard once.  I did not write the parable, or concept, but this is my own version.  It is a story can be useful when managing sales people, or managing one's self
           CHICKEN OR FEATHERS?
The sales game can be a lot like chasing chickens.  Some days you catch the chicken and you get a nice payoff because you get to eat the meat that is the result of your work.  Some days you miss the chicken and get nothing.  But the hardest days can be the days you only get a mouth full of feathers.
Let me explain:  … (7 comments)

Is Google email (gmail) making you look... professional? - 02:53 PM

I just came across of an excellent post : What Kind of Email Address - as a Real Estate Professional - Do You Use? Yahoo? AOL? Hotmail? by Teri Ellis
And just hit me; Wow, she is so wright. There is quite unprofessional to present yourself with an email address that is a free service when (most probably we all have our real estate website) we should use the website email. 
I am myself guilty of this. I've been using for long time now an gmail address. Why? Three reasons:
Because it was easy and quite in trend to use Google's services... Google Account is a powerful program … (14 comments)

Las Vegas Real Estate Market Report: 1/16/08 - 08:24 PM
This is the latest Las Vegas Real Estate Market Report from http://www.narreia.com/ (National Association of Residential Real Estate Investment Advisors). For the week of January 16, 2008, data is obtained from the Greater Las Vegas Association of Realtors MLS. 
Single Family Residence (SFR) Available - 19,170 (+94 , Last Week 19,076)Under Contract - 2,147 (+147 , Last Week 2,000)Days of Supply - 268 (-19 , Last Week 287)Short Sales - 4,150 (+158 , Last Week 3,992)Condominiums and Town Homes (CONDO/TH) Available - 5,017 (-21 , Last Week 5,038)Under Contract - 382 (+16 , Last Week 366)Days of Supply - 394 (-19 , … (1 comments)

Maverick Residential Mortgage Shuts Doors!! Another One Bites The Dust!! - 10:09 AM
I wanted to wait and post this until after we made Lender Implode. Well, we have now and even made the Channel 11 News.
Rumors abound that the CFO went missing with $4MM and the FBI is on the case. But all that I can confirm to you is that payroll was yesterday and we did not get paid!!! NOR are they communicating with us WHEN we will get paid!!!
Moving forward:
Tom Burris & DallasLoanGuy.com is portable. As soon as I digest the 10(edit: make that 20+ so far) recruiter calls and countless emails I received yesterday, I will hang my hat with a reputable … (28 comments)

Manage Your Outlook Email - 03:12 PM
  
Running out of space in Outlook? In this course, you will learn strategies for managing Microsoft Outlook 2003 e-mail data files on your own PC.
http://manage-outlook-email.classes.cnet.com/
In this course, you'll learn how to:
Organize the e-mail in your Outlook 2003 Inbox How Outlook 2003 stores your information Archive old e-mail Compact your data files Back up your e-mail Move your e-mail to a different computer  
I have written about these Free Classes before and got some interest. This is a good one!!
Don't lose any important emails or contacts to that black hole called a PC.
Tom BurrisDallasLoanGuy.comDallas, TX
"A Home Loan for Every Texan"
http://www.dallasloanguy.com/Texas Home … (4 comments)

Recommended Reading, The Travelers Gift, Decision #5, I choose to be happy - 10:29 AM

The Fifth Decision For Success
Article by Andy Andrews, from the book "The Traveler's Gift"
"TODAY, I CHOOSE TO BE HAPPY!"
  
•·         Beginning this very moment, I am a happy person, for I now truly understand the concept of happiness
•·         Few others before me have been able to grasp the truth of the physical law that enables me to live happily every day
•·         I know now that happiness is NOT an emotional phantom floating in and out of my life
•·         Happiness IS a choice.  Happiness is the end result of certain thoughts and activities which actually bring about a chemical reaction in my body
•·         … (6 comments)

Profile of Home Buyers and Sellers in New York State 2007 - 05:44 AM

Over the past two years the home buying and selling environment has shifted substantially.  Last August questionnaires wer sent to 150,000 consumers who purchased homes between the period of July, 06 and June 07.  9,996 responses were received.  The New York State Associationm of REALTORS then studied and came up with the New York State Profile of Home Buyers and Sellers for 2007.
Read the entire report here, NYSAR 2007 Profile
… (3 comments)

FHA Short Sale Tips - 11:43 PM
FHA short sales are and will be the easiest short sales you will ever work.  We specifically teach agents how to effectively facilitate their short sale transactions, whether they're FHA, VA, or Conventional short sales...with 2nd liens.  We have taught over 150 seminars and, in fact, with First American Title sponsoring our seminars, we'll be teaching in your area this summer.  The reason why FHA short sales are so easy is because there is a systematized process defined by HUD that absolutely has to be followed when doing the short sale.  The lenders have no "free reign" to do anything outside of what is already defined … (7 comments)

STAGER IDOL - FLIER YOU CAN USE - 12:59 PM
Here is a flier you can send to your local agents and stagers that you know. Just send them the link to this post...that should do it. I sent this flier out to thousands on my mailing list and you can do the same. If you would like to copy it please feel free. If you would like me to send you one direct that you can forward in flier form, just contact me. The font is different on the original.
… (14 comments)

Book of the Year! - 10:14 AM
Most of the time when I read a book, I find it thought-provoking or entertaining, but usually just go on to the next book.
Occasionally though, I read a book and tell everyone about it and recommend that they read it.
And rarely, I find a book and just darn near tackle people, telling them they just HAVE to read it. I recently read such a book, called The Traveler's Gift, by Andy Andrews.
In our company, we loved the book so much, we bought a copy of it for each Associate. It contains the "Seven Decisions to Personal Success."
I don't want … (0 comments)

Cary NC Real Estate: Internet presence. Design for current and future users or dial-up? - 06:18 AM
Scrolling through the Real Estate Agent Web Design Tips group postings this morning, I came across this post by Agent Web Design about designing for screen resolutions to cater to as many users as possible 
We are being dragged kicking and screaming into a broadband/widescreen world.
I understand the inclination and relative desirability of designing for the median or lower common denominator of technology, but now $599 computers coming with widescreen monitors and wireless internet access is widely available to near broadband service speeds.
And Cary and Raleigh, as well as the surrounding Wake County, NC, areas are fairly well wired, with DSL and Cable access most common.
I'm leaning towards … (0 comments)

Cary NC Real Estate, "Please don't eat the REALTOR!" - 06:56 AM
Too much variation in Realtor quality?
Too many business approaches that confuse the consumer?
A new day is dawning.  Ripped from the headlines in today's New York Times:
"FDA says Cloned Food is Safe!"
Jon Foster's quote is the clincher, "When you buy a box of Cheerios in New York and one in Champaign, Illinois, you know they are going to be the same. By shortening the genetic pool using clones, you can do a similar thing." 
I don't know why some cement industry guy's opinion is relevant but I can see the FTC just jumping on that bandwagon, cloning Realtors.
To wit:  "When you engage a real estate … (14 comments)

Cary NC Real Estate, Wake County Public School System Reassignment... - 09:12 AM
With the dynamic growth of Wake County, NC, providing seats in schools is a difficult task for the Wake County Public School System.  WCPSS is subject to criticism because of the nature of the beast.
Too many kids are added faster than facilities can be provided.
This is compounded by a policy of attempting to achieve an economic balance in schools, that schools across the county have similar levels of Free and Reduced (F & R) Lunch recipients. 
Magnet schools are historically desirable for the opportunities they offer, and this persuades some higher income families to apply for the lottery to get into the magnets.  Magnet schools … (2 comments)

2007 Annual Rocky Mount Area Real Estate Market Report - 04:38 PM
In 2007 many things became apparent to me as I continue to work as a Realtor in the local Rocky Mount, North Carolina, area. Many consumers are listening to the National news media about the real estate market and assuming that it is an accurate reflection of what is happening here locally. Nothing could be further from the truth. All real estate is local.
This report focuses on what is happening locally and will hopefully serve to clarify events and reasons for local facts and trends.
Click Here to read this report in it's entirety.
… (0 comments)

Highlands Ranch Homes - The Hearth - Market News - 12:44 AM
Highlands Ranch Homes for Sale - The Heart
The Hearth Market Report - January 2007
Single Family Homes sales in the Heart neighborhood of Highlands Ranch, zip code 80130, saw an increase in 2007 compared to 2006. In 2006 total of 116 homes were sold for an average price of $355,699. In 2007 a total of 179 homes sold for an average of $399,323. In 2007 40% of the homes sold were new construction.

The average price per square foot in 2006 was $159/sf and in 2007 there was an increase to $166/square foot.
The average days on the market in … (0 comments)

"This is the results I want" - 04:26 PM
Today in my Inman News was this video,(attached below) of Brian Brady and Dustin Luther speaking at the Inman Connect Conference in N.Y.
It was on blogging, what else...
We hear a lot here on Activerain about how to blog, what to blog, finding your voice, blah, blah, blah...
But, this video is NOT on that, the video is primarily on the long tail of blogging. It starts out with a question and continues throughout the video on how to build YOUR community by blogging, BEFORE the "big boys" figure it out and jump in. Who are the 'big boys"?
The debate is really … (39 comments)

Who's Watching the Watchers? - 12:20 PM
Last week, I suggested that real estate agents check up on title companies after closing to make sure that mortgages were paid off.  Why?  Title company executives have been known to "help themselves" to money held in escrow, particularly when business is bad. See: Is Your Title Company Misbehaving? Most people don't realize that the title industry is basically unregulated in most states.   Unregulated as well, are the massive escrow accounts administered by the title companies.  A preliminary federal study released in 2006 revealed a laundry list of startling truths about a misunderstood industry and its primary product, title insurance.  Most … (12 comments)

Been away from blogging for a few days......... - 01:36 AM
Hello again everyone!  Sorry I have been swamped and been away for a few days.  I have missed it.  Is anyone else out there addicted to blogging?  Just kidding, it feels good to be back.  We had a small emergency in our family, thank heavens, nothing serious!  Everyone seems to be doing well now and things are looking up. 
I dislike it when I have myself extended in so many directions that the slightest thing throws a wrench into the entire works.  So far, other than what has been going on the past week or so, it has been a great … (0 comments)

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