Market Index
A market index of above 1.20 is a seller’s market, between 0.80 to 1.20 is a balanced market, and below 0.80 is a buyer’s market.
September marks the eighth month in a row that the Market Index (0 comments)
September is the anniversary of the result of the mortgage meltdown, and Sunland-Tujunga has experienced a pretty steady upward track, although down a (0 comments)
short sale: Real Estate Market Report La Crescenta, CA September 2008 - 10/12/08 03:44 PM
Market Index
Up slightly to 0.32, last September during the mortgage meltdown 0.14.
New Listings – Fifty Five new listings this month, compared to forty-four in August. Last year there were 27.
Pending Ratio 0.22, a drop of five points from August, the third month it declined. Last year the (0 comments)
short sale: Realtors not disclosing that a listing is an REO or a Short Pay - 07/17/08 07:18 PM
Over the past year I have had some serious problems helpiing clients because if inaccurate data in our MLS. I have a meeting on Monday and am hoping that some Activrain feedback might give me some additional ammunition to get my point accross.
When a Realtor takes a listing and they (2 comments)
short sale: How The Foreclosure Process Works – Hanging On To Your Home - Part Four - 01/14/08 01:25 PM
After the recent developments with Countrywide Home Loans I though readers might be interested in an update to my first three posts on "Hanging On To Your Home". Although in my particular market we have a very small number of foreclosures and short sales (less than 4% of the current listing inventory, (2 comments)
short sale: How The Foreclosure Process Works – Hanging On To Your Home - Part Three - 06/19/07 12:08 AM
Eric Fleisher Vice President, Home Retention, of Countrywide Home Loans facilitated an informative meeting on June 14th with about 400 local Realtors®. Part One reviewed the typical foreclosure process, Part Two covered the options that are usually available to a borrower who is having difficulties, today we are covering Part Three, (4 comments)
short sale: How The Foreclosure Process Works – Hanging On To Your Home - Part Two - 06/17/07 12:51 PM
In part one I reviewed the foreclosure process as outlined by the Home Retention Division of Countrywide Homes Loans in a presentation to about 400 Realtors® on June 14th in Glendale, California. Confronted with 200 requests DAILY for Short Sales, I wanted to outline the foreclosure process first, then cover the (4 comments)
short sale: How The Foreclosure Process Works – Hanging On To Your Home - Part One - 06/16/07 02:44 PM
Thursday, June 14th, Allen Pezeshikian of Countrywide Home Loans sponsored a presentation conducted by representatives of Countrywide's Home Retention Division. Formerly known as the Loss Mitigation Division, the re-naming better describes Countrywide's perspective on home owner retention versus short sale/foreclosure options. The audience was about 400 Realtors from the Glendale, California (6 comments)