Archives of real estate blog entries for April 14, 2008 (Page 5)

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MORTGAGE PRO Week in Review -- 04/07/08 through 04/13/08 - 05:08 PM

As we head into Spring, and a real estate market that is starting to take shape, we need to forge ahead and educate all around else. We need people to better understand the whole buying process, with details and not just assumptions.


I want to put a challenge out there before I share with you the mortgage blogs for the week. I truly think that we need to step up some of the quality of these mortgage posts. Not only chock full of mortgage information, but making them interesting and creative. I took a stab at it for a specific … (28 comments)

New Fairfield, CT - March, 2008 Real Estate Market Report - 10:16 AM
New Fairfield, Connecticut Real Estate Update March, 2008
Closed home sales in New Fairfield, Connecticut:
There were 8 home sales closed in New Fairfield, CT.List Prices ranged from $179,900 - $529,900.Closed Sales Prices ranged from $179,900 - $503,000.
The average closed real estate sales price for New Fairfield was $349,724.The median closed real estate sales price for New Fairfield was $344,950.On average, these homes sold for 96.2% of their final list price.Days on Market ranged from 36 - 448 days, with the average being 172 days of market time.
This compares with 6 closed sales in March, 2007, with an average sales price of $519,000 and a median … (0 comments)

Sherman, CT - March, 2008 Real Estate Market Report - 10:24 AM
Sherman, Connecticut Real Estate Update March, 2008
Closed home sales in Sherman, Connecticut:
There was 1 home sale closed in Sherman, CT.List Price was $349,900.Closed Sales Price was $320,000.
Marketing time was 912 days on market.Note that the original list price was $499,000.  Such a high list price on a home that sold for $320,000, is the reason the marketing time was so long.
This compares with 4 closed sales in March, 2007, with an average sales price of $383,725 and a median sales price of $365,000.
Currently available homes for sale in Sherman, Connecticut:
Currently, there are 56 homes for sale in Sherman, CT.List … (0 comments)

Danbury, CT - March, 2008 Real Estate Market Report - 10:45 AM
Danbury, Connecticut Real Estate Update March, 2008
Closed home sales in Danbury, Connecticut:
Single Family Homes:There were 20 single family home sales closed in Danbury, CT.List Prices ranged from $208,900 - $614,900.Closed Sales Prices ranged from $203,000 - $600,000.
The average closed real estate sales price for single family homes in Danbury was $371,760.  The median closed real estate sales price was $342,500.On average, these homes sold for 96% of their most recent list price.Days on Market ranged from 44 - 797 days, with the average being 240 days of market time. 
This compares with 28 closed sales in March, 2007, with an average closed sales price of $376,885 and … (0 comments)

Brookfield, CT - March, 2008 Real Estate Market Report - 11:35 AM
Brookfield, Connecticut Real Estate Update  March, 2008
Closed home sales in Brookfield, Connecticut:
Single Family Homes:There were 9 single family home sales closed in Brookfield, CT.List Prices ranged from $365,000  - $759,900.Closed Sales Prices ranged from $330,000 - $687,000.
The average closed real estate sales price for single family homes in Brookfield was $474,111.The median closed sales price was $480,000.On average, these homes sold for 94.3% of their final list price.Days on Market ranged from 45 - 559 days, with the average being 279 days of market time. 
This compares to 9 closed sales in March, 2007, with an average sales price of $405,197 and a median closed … (0 comments)

New Milford, CT - March, 2008 Real Estate Market Report - 12:21 PM
New Milford, Connecticut Real Estate Update  March, 2008
Closed home sales in New Milford, Connecticut:
Single Family Homes:There were 19 single family home sales closed in New Milford, CT.List Prices ranged from $204,999 - $1,795,000.Closed Sales Prices ranged from $200,500 - $1,600,000.
The average closed real estate sales price for single family homes in New Milford was $501,389.The median closed sales price was $400,000.On average, these homes sold for 93.7% of their final list price.Days on Market ranged from 4 - 710 days, with the average being 230 days of market time.
This compares to 20 single family homes closed in March, 2007, with an average closed sales … (0 comments)

Home for sale in Strinestown, close to I 83--Reduced BIG TIME!!!!! - 10:02 PM
2 1/2 Story For Sale in Conewago Township  
Own a Piece of History
• 1,856 sq. ft., 2 bath, 4 bdrm 2 1/2 story "Farm House" - $104,900
Conewago Township, York County  -  Own a piece of history in this 2 1/2 story Farm House. 4 BR, 2 BA, eat in kitchen plus separate dining area, huge living room plus a cozy family room off of kitchen. Home remodeled in 1994. 2 car detached garage and a big shed! Minutes from I 83, perfect for commuting north or south. Call to see it today!
Property information
… (3 comments)

A WOMAN'S WEEK AT THE GYM - 08:40 PM
A WOMAN'S WEEK AT THE GYM If you read this without laughing out loud, there is something wrong with you. This is dedicated to everyone who ever attempted to get into a regular workout routine. Dear Diary, For my birthday this year, my daughter (the dear) purchased a week of personal training at the local health club for me. Although I am still in great shape since being a high school football cheerleader 43 years ago, I decided it would be a good idea to go ahead and give it a try. I called the club and made my reservations with a personal trainer named Belinda, who i dentified herself as a … (5 comments)

Don't Ever Let Somebody Tell You, You Can't do Something! - 04:44 PM
[Here's a little Monday pick-me-up!]
 
"The Pursuit of Happyness" is one of my favorite movies. Simply put, it's the story of a struggling salesman (Chris Gardner) who fought against all odds (literally), to make something of himself.
The movie is definitely an A+ in my book...if you haven't seen it, pick it up. If you didn't like it, I'm sorry.
Anyhow, here's a message from the movie, the best message of all:
"Don't ever let somebody tell you, you can't do something!"

… (11 comments)

The Sooner, the Better! - 08:24 PM
I hate when my incoming calls go to voice-mail.
Why?
Because I know what it feels like to call someone else you really need to speak to, and have your my call go to voice-mail. Quite frankly, it sucks! Especially if I need a question answered.
So the way I see it, when a prospect calls me off of Trulia, Active Rain, my blog (The Industry Report), a personal referral, or however else they found me, I have to suspect that there's a certain sense of urgency in having a question answered.
That said have you ever had a prospect contact you … (9 comments)

US banks Citigroup and Merrill Lynch reveal fresh $15bn loss - 09:32 AM
Click below to get the whole story
CITIGROUP and Merrill Lynch will heap further pain on Wall Street this week as they reveal additional sub-prime write-downs totalling $15 billion
Huge exposure to American mortgages is expected to result in Citi taking a $10 billion hit to its accounts, dragging the bank to a first-quarter loss of almost $3 billion. Some analysts believe Citi's write-downs could stretch to as much as $12 billion.
Merrill will suffer $5 billion of write-downs, analysts say, which would push the bank $2.7 billion into the red.
It is expected to knock a further 20% from the value of … (8 comments)

Just a quick poll - 11:54 AM
What Contact Relationship Management Software does everyone prefer.  What in your opinion is the best for our real estate industry as a whole.  Not any one will be perfect but if it were, what would everyone like to see it do.  If you had to design your perfect version of a CRM? … (8 comments)

Unbelievable custom single story in Corona - 06:44 PM
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New home on horse property in Corona - 06:53 PM
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New custom home with 4 car garage in Corona - 07:00 PM
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Addison, Illinois - Available homes Currently for Sale by Price and Time on Market April, 2008 - 02:14 PM
 
  
The table below lists all of the currently active single family detached and single family attached homes in Addison, IL.  Data includes  high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.
… (0 comments)

Water Front - Lake Front - River Front Central Oregon Choices - 11:57 PM
With the warmer weather upon us buyers that enjoy the great outdoors of Central Oregon are asking the age old question... Do you have any homes for sale on a lake?  In the La Pine, Sunriver and Bend area the answer is generally no.  Most of our lakes in Central Oregon are on public land for all to enjoy.  There are a few areas in Prineville and up towards Madras that do have lake front properties.  On Hwy 58 you can find cabins occasionally for sale that are across the road from Odell Lake - however most of these are on … (6 comments)

DIY vs Professional Photographs - In this market at what price? Help Judge! - 10:54 AM
What Should you get for your money - or should you save money and take photos yourself?
Many agents choose to take their own photo.  I say photo since it really bugs me to see just one photo on a listing (sometimes the one photo is used over and over to meet a min requirement) how bad is that?  Frequently the Quality of photographers, agents or professional, can be questionable..... So I wonder if the you get what you pay for adage is appropriate here? 
Most people really appreciate the "Architecture Digest" style photos - but they are not easily attainable (cost) nor … (5 comments)

My First Open House in 3 years! - 05:31 AM
Yesterday I did an open house at my new listing. For the record, I dread open houses. I hate putting up the signs, cheerfully chatting with the seller (while trying to get them out of the house), making small talk with visitors and of course, taking down the signs at the end of the day. I almost always come home and crash afterwards from mental exhaustion (last night was no exception - I was in bed by 7:30).
But... the open house was a great success! It was fun! I don't know if I was different from the Old Days or if … (17 comments)

"Farming" from a Hard-Core SOI'er's Perspective - 05:52 AM
Geographic farming is a popular prospecting method where real estate agents choose a particular neighborhood in which to, shall we say, make their presence known. Typical farming activities include the mailing of postcards, the walking of streets and the painting of bus benches. The goal is to become a household name in the farm area, so that when anyone thinks of selling real estate, they race to their refrigerator, find the farmer's phone number from his fancy refrigerator magnet, and make the call.
Fair enough.
For years, I've advised new agents not to farm unless they're weighted down with way too … (13 comments)

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