Kevin Williamson's Blog - Archives April, 2008

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Short Sale awareness - 04/25/08 02:03 PM

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 … (3 comments)

The leak that almost sunk the deal - 04/21/08 01:20 PM

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 … (2 comments)

Dissecting the data - 04/17/08 04:58 PM

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 total of 12,808 … (0 comments)

More GOOD news for housing - 04/16/08 12:02 PM

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 … (5 comments)

Foreclosures not as bad as expected in the Inland Empire - 04/16/08 11:54 AM

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 … (0 comments)

Pending home sales in February up in the West. - 04/10/08 05:53 PM

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 … (4 comments)

Pending home sales in February up in the West. - 04/10/08 05:53 PM

California REO rush - 04/08/08 01:15 PM

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 … (3 comments)

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