sellers: Price points improve but are you still upside down?
- 04/25/15 02:26 AM
The good news: Home prices have been rebounding from the recent “Great Recession” to the tune of 12 percent over the past 2 years. Recent statistics from the Southland Regional Association of Realtors shows that the median price of a single family home in Santa Clarita rose to $520,000 in March; up from February’s median price of $490,000.
This is REALLY great news…unless you bought your home in 2007 when the median price in Santa Clarita was still in the high $500K range. Or maybe you bought at what is still considered the “top of the market” in April of 2006 when prices … (0 comments)
|
sellers: You hire a leading authority for the same price as anyone else
- 01/14/14 02:12 AM
A big misperception is it costs more money to hire the best in real estate than not. Truth of the matter is the commission structure is usually the same, but WHAT YOU RISK, is priceless. When I talk about the best in real estate I am not always talking years in the game! Some times we are speaking of numbers of transactions, or numbers recently or experience with your area or more importantly your situation! This is what I am talking about. Will you get the highest dollar value in the least amount of time? WILL YOUR ESCROW ACTUALLY CLOSE? … (2 comments)
|
sellers: My dream today!
- 01/17/11 05:36 AM
So my soapbox for the day. I grew up in a family and during time full of political awareness and struggle. My parents and grandparents were not just talkers, they were doers! In my life time I have seen many many many positive changes, and in recent times I have seen what I feel are set backs! The funny part is the majority of people (I feel) are positive and moving in the right direction, BUT WE ARE NOT THE LOUDEST! The loudest are those that perpuate hate, dysfuntion, etc.....and I AM NOT TALKING ABOUT PEOPLE WITH DIFFERENT VIEW POINTS! Debate … (0 comments)
|
sellers: Who turned the water off??????? Who WhoWho.....Who turned the water off
- 09/21/10 03:54 PM
I must tell you, did somebody turn off the water? It appears the market (in areas I service) just stopped. Lets see interest rates are at all time lows. Prices are still competative. I am looking for the problem. It is time we stop looking for problems and look at opportunities. I firmly believe we will look at this as a snapshot in time 5 to 10 years from now. This is not time to listen to the naysayers, and people who make a living through senationalism (not the people who really report the news).
Time right now is time to … (1 comments)
|
sellers: The Real Estate Market is Dead! Did you hear?
- 08/22/09 04:47 PM
Weren't those the headlines? Wasn't that the word of the day? You still hear that all the time. We haven't bottomed yet! Wait to buy. Don't catch a falling knife (I think I used that one...hahahaha) We are witnessing a collapse of Real Estate as we know it! Let me ask you a question, Have you or anyone you know actually attempted to purchase a home lately? If not let me tell you what those of us that actually WORK in the field. In the areas I service, if you are looking at REO's, Short Sales, Standard sales (the few there are) … (1 comments)
|
sellers: Now the moratorium is lifted what happens?
- 05/29/09 05:25 PM
We do have some very unprecented things happening currently. It is difficult to figure out what happens next. Do we have floods of foreclosures come to the markeplace? Are lenders (as most of us have heard) are more friendly with doing short pay? Will nothing happen?
I can tell you what has happened to clients of mine in the last couple of days. I have clients that were in loan mod mode, getting through the system, most of the time being told their application is in review and once the moratorium was lifted.......BAM the lender send out TRUSTEE SALES that are … (1 comments)
|
sellers: times are tough, are you?
- 05/14/09 03:47 AM
Look we all know the economy is bad. We all know the cash flow is not flowing for most as it has in the past, but how you handle it is the issue. We have all heard the old saying: Its not about the problem or issue you face but about the way you handle it! This is very true. Look its tough on everybody right now. Dont take it personal! Dont ignore the sitaution, dont bury your head in the sand, but do not drown yourself in negativity either! What if no matter what you put your energy and mindset … (2 comments)
|
sellers: Short Sales becoming more friendly.....well almost
- 05/04/09 04:08 AM
An amazing trend I am HEARING and starting to experience SLOWLY is banks are REALLY attempting to make the short sale process easier and consumer friendly AND taking a serious look at doing them rather than going all the way to the Foreclosure process and taking the properties back! This may seem like common sense and should not be "news" but the truth is the process has not been friendly nor has the process been one that allows people to really get a win/win result! I am not implying the banks are 100% wrong in this at all. Real estate agents, … (0 comments)
|
sellers: lower inventory, low interest rates, more sales!
- 04/01/09 04:16 PM
Inventory reduction regarding listings, lower interest rates and rock bottom pricing have heated the real estate market up! Regardless of what you hear on T.V. those of us in the grind of real estate understand the market is not as bad as advertised. As a matter of fact ITS HOT! Well priced homes in good condition in desirable areas are not on the market long, and they are selling in multiple bids. I am finding this especially true in bank repo/reo arena.
I also find the REO's not necessarily the best deals, but people are making offers just because of th … (1 comments)
|
sellers: who are you listening to?
- 03/29/09 02:36 PM
Who you going to listen to? The people PAID to tell you things are bad or the soldiers out in the field doing the work? Real estate dead huh? All week I've been showing writing offers on REO bank owned properties and all week they have been in multiple offers, all of them have sold over list price and none of them had been on the market longer than 5 days! This was in different areas, and different price ranges!Do you know when the real estate market bottoms? You dont know until AFTER it starts to go up. If a property … (1 comments)
|
sellers: Tax credits, below low interest rates, what are you waiting for? Buy Buy Buy
- 03/26/09 04:43 PM
Are you taking advantage of the the new credit for first time buyers? How about the low interest rates? I MEAN THE LOW INTEREST RATES? Under 5% in most cases! FHA 3.5% down for 39 year fixed loans! $8,000 tax credit and guess what? Unilike last years $7500 credit YOU DO NOT PAY IT BACK! Come on people depending on your tax base and the price range you are purchasing in, it is possible your tax credit could be more than your downpayment!
If you havent noticed in the neighborhoods I service the inventory is down, and the lower priced properties or … (0 comments)
|
sellers: watching history
- 11/03/08 03:51 PM
No matter what side of the fence you on, no matter who wins or looses TOMORROW IS HISTORIC make no bones about it. When I was a young boy my mom and dad instilled in me NO ONE COULD KEEP ME FROM BEING WHAT I WANTED TO BE! Tomorrow is a good example of how far our country is coming. I say coming because there is obvious strides still to be made. That being said THIS IS THE FIRST TIME what my mom and dad told me you can actually see at the highest level. Whether it is Barack a Black … (0 comments)
|
sellers: Real estate is dead.......isnt it?...No that would be the stock market...just kidding!
- 10/29/08 03:11 AM
Well that is what I hear all the time how about you? Let me ask you a question, is there anybody you know that would prefer to live in the streets than in a home or apartment? Let me ask you another question, for everybody that rents a place to live, isnt there someone that owns that property? I mean rent is being paid to an owner correct? We unfortunately have people loosing their homes, when they go to rent property dont they rent from someone else that owns? Then how the HELL can real estate be dead? Lets see your … (1 comments)
|
sellers: Should we buy, should we sell, The sky is falling, the sky is falling
- 09/30/08 05:39 PM
I believe it is the right time, but I should wait to buy because the market is still going down? Real estate is never going up again, it makes more sense to rent. My house is not worth what I paid for it, I am going to stay here as long as I can then just walk away. Why should I purchase investment property when real estate is down. All these are things we either hear people say or we know that is what they are thinking. Guess when I heard this? I WAS HEARING THIS 1990,1991.1992!
Believe it or not … (0 comments)
|
sellers: Should I buy now and why? again?
- 05/28/08 04:47 PM
We visted this issue a few months back. Why should I buy when the market will probably go lower? Well we first need to examine, why you are buying. If you are purchasing to find a home to live in and plan on staying in the property the next 5 years or so IT IS A GREAT TIME TO BUY!. I say that for a few reasons.
1) Interest rates are extrememly competative and this is the first time in my 20 years both the rates and property value have declined at the same time. This makes this buying opportunity very … (5 comments)
|
sellers: Is this a market bottom?
- 02/08/08 02:09 AM
Starting to see more activity in the lower end of the markets I work. I am findng the investors are stepping in. I dont know if that means we are at the bottom, but I know that means smart people are finding value for longer term holds! Hey think about this, if you buy a piece of property for $200,000 today, and the same property is available for $180,000 or $170,000 in the next months, BUT you have no plans on selling for 10 years or so and you are at a positive cash flow, do you really think 10 years … (1 comments)
|
sellers: prices falling, rates falling what is a buyer to do?
- 02/03/08 04:39 PM
A buyer should buy! Can you believe the opportunities right now! In my 20 years I have not seen the rates and prices falling like this! There are some amazing opportunities all over the market right now. Dont let the media dictate your fate! Do not try and time a bottom, just look at what is the best situation for you! What do I mean by that? If you purchasing a home to live in or you are purchasing for the first time. Look at your time line on how long you plan on holding the real estate you purchase. Remember … (0 comments)
|
sellers: Is it doom? Is it Gloom? or is it opportunity?
- 01/22/08 03:06 AM
If you listen to those whose job it is to project the demise of real estate you will think......THIS IS IT! IT IS OVER WE ARE GOING DOWN! Those of us that are veterans of this real estate market know better than that. How many times have you said about real estate or a hot stock, I wish I go in when it was cheaper? How many people say I wish I got into Apple or Microsoft then I would be rich!
Well in real estate those opportunities happen in cycles! We just left the "bull" market were pretty no matter what … (3 comments)
|
sellers: free foreclosure seminar
- 01/10/08 06:03 AM
Would like to learn more about REO properties, Short sales, purchasing cash flow real estate? Would you like to hear from industry professionals that are currently practicng their crafts? Would you like to hear it all for free? If so call 888.429.8571 x 9006 or email me ehustle@elginwalker.com for date, time and invitation. … (0 comments)
|
sellers: Now its a skill base market!
- 01/10/08 06:01 AM
It is amazing, just a few months ago I remember sitting in on a conversation with lender and realtor discussing (bragging) about all these direct strategies they use to CLOSE buyers into deals, and all these techniques, blah blah blah blah. I asked them both how long they have been business. If I remember correctly it 5 and 3 years respectiviely. I told them both you are not good at what you do. You are products of a great market. I told them both what are you going to do the day someone you sold a home to or did loan … (2 comments)
|
The good news: Home prices have been rebounding from the recent “Great Recession” to the tune of 12 percent over the past 2 years. Recent statistics from the Southland Regional Association of Realtors shows that the median price of a single family home in Santa Clarita rose to $520,000 in March; up from February’s median price of $490,000.
;)
;)
;)
