manhattan beach: Want to Sell Your Home? - 01/12/08 01:38 PM
Find a terrific Publicist (Real Estate Agent) who knows how to create some pizzaz, a unique attraction around your home. You may not realize how special your property is, only your agent appreciates what a jewel you have. This is what goes through his mind as he takes steps to present … (5 comments)
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manhattan beach: A Good Time to Buy - 11/30/07 08:16 AM
The 2007 National Housing Pulse Survey from October 2007, indicates that 59 percent of Americans think .And yet, these are the figures that are completely out of sinc with logic : = Existing Homes Sales dipped to 4.97 million in October, the lowest since 1999 = New Homes Sales counted 728,000, … (0 comments)
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manhattan beach: So, Is It A Buyers Market? - 11/06/07 09:23 AM
Can it be described as "A market condition characterized by an abundance of goods available for sale”...a reasonable description of a buyer’s market? Is a decline in pricing reflecting a buyer’s market?Well its a buyer’s market, or was, in terms of availability. This condition has been changing. Rather than reducing the … (6 comments)
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manhattan beach: Could The Miserable Housing Starts Be An Indicator Of The Housing Market's Recovery? - 10/19/07 10:00 AM
Not if you believe everything you read in the press. These writers present only what appears on the surface. Yes, Housing Starts plunged last month. Does this mean the Housing Market is in the toilet?The government has just released September 2007's Housing Starts data for the country. A "Housing Start" is … (6 comments)
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manhattan beach: Ah, la fin de fumer! - 10/15/07 11:29 AM
Yes, come January, smoking will be banned in all restaurants and bars in France. In theory, the ban has been in effect since 1991...a ban except for specified “smoking” areas. Of course the majority of space in each establishment became the smoking area. It looks like one of the last poignant characteristics … (1 comments)
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manhattan beach: Things Looking Up? - 10/14/07 06:03 PM
Things are starting to look up in real estate from what recent reports and the NAR indicate. It may be a temporary positive glich, but with widening credit availability and low interest rates holding steady it sure does look like a recovery is slowly under way. I’m sure this is no … (5 comments)
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manhattan beach: Who Needs A Partner? - 10/03/07 12:19 PM
It seems that partnerships are the way of the future. Why? I’m a loaner myself. I sure don’t want to check-in with a partner every time I make a decision. So what’s the advantage? Businesses—successful business— are run like a business even if there are no partners. There’s a structure to … (6 comments)
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manhattan beach: Mortgage Loan Rules Tighten - 09/24/07 05:40 PM
Not that long ago, outbidding on properties was common practice with “jumbo” loans—over $417,000. Homes on the market now have became abundant, the sub-prime meltdown has led to tightened lending even for credit-worthy borrowers, including shoppers in their price range who needed so-called jumbo loans.Lenders recently started to shun these larger … (4 comments)
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manhattan beach: CAN YOU BELIEVE, “St. GREENSPAN” DIDN’T KNOW? - 09/17/07 10:34 AM
Even Alan Greenspan didn’t realize the danger to the nation’s economy as a result of faulty mortgage loans. As Chairman of the Federal Reserve, wouldn’t mortgage fall under his watch? His explanation is in “Fed Speak,” as are all communications from the Federal Reserve.As I understand it, the idea behind the … (3 comments)
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manhattan beach: Chicago Considering Adopting Paris Self-Service Bike Scheme. - 09/13/07 01:44 PM
Chicago? (Kind of hard to get around in the snow with a bike. And the humidity without A.C. might be unbearable at times.) How did the South Bay (So California, USA) overlook this opportunity to put a major dent in the areas of horrendous gas consumption, and to help get the … (4 comments)
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manhattan beach: Housing Inflation? - 06/04/07 04:32 PM
Ah yes, I can remember when our home in Westwood Village cost somewhere in the neighborhood of $5,000. Just south of Wilshire Blvd, it was a beauty with a bamboo walled den and porch from this romantic feeling room overlooking a sizeable backyard. The large garage was on the back of … (4 comments)
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manhattan beach: Some Nice Selections - 05/17/07 05:44 PM
I’ve been sending out some of the nice selections locally to a picky market. Hard to figure. People seem to be very selective with no particular reason. Even 4-unit listings are beginning to make an appearance after it seems like a lifetime of sitting in the weeds. Buyers are simply finding … (0 comments)
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manhattan beach: Negative Amortization Loan Disclosure. - 04/14/07 02:56 PM
Borderline consumers with low FICOs, No Doc Stated Income Loans etc, who are in need of a loan to make a mortgage loan work, are likely to be approached with a negative amortization loan. Why? It’s simple: the lender is about to make a huge profit from higher interest rates, … (5 comments)
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manhattan beach: Subprimes are still there. - 03/31/07 08:56 AM
Subprime mortgages are stil out there. But what are they? Very simply, they’re loans made to borrowers with a FICO score of 620 or below. What borrowers should be aware of are the dangers of entering into this kind of financial commitment. To begin with, when a subprime loan is made, … (2 comments)
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