price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 07/21/08) - 07/23/08 02:40 PM
The trend continued again this past week (as it did the week prior) with another 7 bank-owned listings going into escrow. There were only 4 new bank-owned properties that came onto the market to replace them. This means the total number of foreclosures has now dipped-down further to 32 homes. This number is almost the … (0 comments)
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price reductions: Cedar Glen Real Estate: Price Reduction - 29324 Lakeview Drive, Cedar Glen Reduced To $169,000! - 07/21/08 10:02 PM
… (1 comments)
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price reductions: Ocean City Price Reductions! - 07/16/08 02:45 PM
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price reductions: Lake Arrowhead Real Estate: Bank-Owned, REO and Short Sale Properties For Sale as of 7/12/08 - 07/12/08 06:53 PM
The trend continued this past week (as it did the week prior) with 9 more bank-owned listings going into escrow. There was only one new bank-owned property that came onto the market to replace them. This means the total number of foreclosures has now dipped-down to 37 homes. This number is almost the … (0 comments)
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price reductions: Reduction Roundup IV - 07/07/08 06:01 PM
Our weekly installment, Reduction Roundup, will be available for your viewing pleasure each Wednesday. This little gem will bring you some of our favorite price reductions of the week. If you have questions, know of a good reduction that should be featured or want to know about a specific property, … (0 comments)
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price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale as of 07/04/08 - 07/05/08 01:54 PM
This is the first week that I can recall where the number of foreclosures and short sales actually went down (though only slightly). As of today, I show that there are 47 bank-owned listings in our multiple listing service and 38 short sale properties available.This past week, there were only 2 … (0 comments)
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price reductions: Haywood County, NC - Luxury Homes Prices Coming Down. - 06/30/08 06:07 AM
The views from this 'oversized log home' in Maggie Valley were so beautiful, and truly breath-taking, that I didn't want to leave when we finished our cookie cutter 'realtors on caravan' tour a couple of months ago. Selling my soul to stay up there came to mind. No, it … (1 comments)
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price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 6/28/08) - 06/28/08 02:15 PM
Doing my weekly report this morning I had an "Aha-moment." Up until today, I had been searching key words in the remarks section of our multiple listing service to come up with the results that I put in this posting (ie: bank owned, short sale, reo, lender, approval). It occurred to … (2 comments)
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price reductions: Reduction Roundup III - 06/26/08 06:34 PM
Our weekly installment, Reduction Roundup, will be available for your viewing pleasure each Wednesday. This little gem will bring you some of our favorite price reductions of the week. If you have questions, know of a good reduction that should be featured or want to know about a specific property, … (0 comments)
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price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 6/21/08) - 06/21/08 12:01 PM
This is a weekly updated page of bank-owned properties and short sale properties in our mountain communities from Crestline, through the Lake Arrowhead communities and through the Running Springs areas. Here, we give an accounting for the new listings and those whose prices have been reduced. Bank-owned listings still haven't broken through … (2 comments)
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price reductions: Reduction Roundup II - 06/18/08 09:57 AM
Our NEW weekly installment, Reduction Roundup, will be available for your viewing pleasure each Wednesday. This little gem will bring you some of our favorite price reductions of the week. If you have questions, know of a good reduction that should be featured or want to know about a … (0 comments)
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price reductions: Bank Owned in the Dogpatch - 06/18/08 09:55 AM
Purchased for $859,000 last May, this 1881 square foot, 2bed/2.5 bath “loft” in the oh-so-hip Central Waterfront, just steps from the MUNI T-third can be yours for $749,000. Who would sell such a luscious unit for $110,000 less than they bought it for just 13 months ago? The bank my … (0 comments)
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price reductions: 6 Signs of a Housing Pickup in Metro Phoenix Real Estate - 06/16/08 10:39 AM
6 Signs of a Housing Market Pickup (for Phoenix area Real Estate)
Price Reductions - New Home Builders are and dropping prices throughout the East Valley and West Valley towns of Peoria, Surprise and Glendale.
Traffic - reports from New Home Builders and Broker offices indicate traffic picking up in … (4 comments)
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price reductions: Pricing a home low enough to draw "on-the-fence" buyers out of the woodwork - 06/16/08 10:12 AM
We have heard it over and over again about overpricing a home will result in an unsold home, taking a long time to sell, and reducing the price, over and over again. every article I have read mentions "price reductions" as a necessary solution. And that sellers need to be priced somewhere in the … (7 comments)
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price reductions: NEWSPAPER ARTICLE HELPING - 06/16/08 09:35 AM
In Southeast Florida, too many sellers refuse to 'price to sell' believing, stubbornly, that while other homes have declined in value, theirs has not. Today's edition of the local Ft. Lauderdale paper, the Sun-Sentinel, had an excellent article on proper pricing if you want to sell. The article points out what I've … (2 comments)
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price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 06/14/08) - 06/14/08 11:28 AM
This is a weekly updated page of bank-owned properties and short sale properties in our mountain communities from Crestline, through the Lake Arrowhead communities and through the Running Springs areas. Here, we give an accounting for the new listings and those whose prices have been reduced. Bank-owned listings dropped a tad this week, … (0 comments)
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price reductions: Reduction Roundup - 06/12/08 05:07 PM
Our NEW weekly installment, Reduction Roundup, will be available for your viewing pleasure each week. This little gem will bring you some of our favorite price reductions of the week. If you have questions, know of a good reduction that should be featured or want to know about a specific … (0 comments)
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price reductions: Don't Wait to Stage your Home...DO IT NOW!!!! - 06/12/08 11:26 AM
I hear this time and time again....we should have staged sooner!! SO WHY ARE SELLERS WAITING? They are afraid of losing money. Well aren't you losing money when you reduce the price of your home??
Here is an email I just received from a client:
Hi!
Forgive me for not keeping … (6 comments)
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price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 06/07/08) - 06/07/08 05:08 PM
This is a weekly updated page of bank-owned properties and short sale properties in our mountains communities from Crestline, through the Lake Arrowhead communities and through the Running Springs areas. Here, we give an accounting for the new listings and those whose prices have been reduced. Bank-owned listings continue to climb … (0 comments)
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price reductions: Are banks starting to "budge" with pricing? - 06/06/08 10:31 PM
Well, some people are starting to think so when they look at the selling prices of some homes lately. However, I think the market is just dropping quicker and people are noticing prices.
GONE are the days where we would barely see a home for under $200,000. It's common to see … (0 comments)
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price reductions: Price Reduction Addendum to Listing Agreement? - 06/03/08 07:15 AM
When I know that a client is flexible about price, I have recommended a review of the price in one month. However, I have not gone beyond verbal agreement. Ultimately, it is a seller's decision to lower or not lower the listing price and a Realtor's goal to sell his client's … (5 comments)
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price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 5/31/08) - 05/31/08 06:23 PM
This is a weekly updated page of bank-owned properties and short sale properties in our mountains communities from Crestline, through the Lake Arrowhead communities and through the Running Springs areas. Here, I give an accounting for the new listings and those whose prices have been reduced. A new threshold has been … (0 comments)
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price reductions: Dramatic Price Reduction! Fabulous Single Family Home in Sought After Hughesville, MD Location - 05/29/08 08:14 AM
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price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 5/24/08) - 05/24/08 07:28 PM
Bank-owned properties are one step away from crossing into "the 40's" in terms of number of listings for the first time since I've been doing this page. Seven new REO homes make the list this week, along with an equal number of price reductions. Short sale properties still hover closer to 30, … (2 comments)
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price reductions: REO Holds Short Sale Hostage - Feeling Foreclosure First Hand - 05/20/08 02:22 PM
We all hear about how the rash of foreclosures has put downward pressure on the value of homes, but it doesn't always hit me so directly. I'm not talking about my personal home situation, but my personal business. The following series of events in one condominium complex provides a perfect microcosmic … (0 comments)
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price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale as of 5/17/08 - 05/17/08 05:41 PM
Four bank-owned properties went into escrow this past week with list prices ranging from $84,900 to $319,900. Seven new bank-owned listings took their place, while five price reductions hit the market. In short sale activity, a whopping nine properties were added to the list, as well as a couple of … (1 comments)
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price reductions: Lake Arrowhead Real Estate: The Best Deals Out There... - 05/12/08 03:00 PM
Each Thursday, agents in our association "hit the pavement" to tour new listings, price reductions, etc. It is how we stay abreast of all the newest listings and the properties that have reduced their prices. Some are great, others are so-so, still others are not (by any stretch of the imagination) … (3 comments)
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price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 05/12/08) - 05/12/08 12:33 PM
Bank-owned properties continue to sell well, especially at the lower price ranges. There are good deals to be had. Four price reductions in the REO sector, with almost as many new listings (3). The number of foreclosed home listings remains around 35 - seems they are selling at roughly the same … (0 comments)
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price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 05/03/08) - 05/05/08 12:13 PM
It was a relatively uneventful week with bank-owned properties. Only 3 new properties and two price reductions. The total number is edging closer to 40 - almost 10 more than when I started doing this analysis about 2 months ago. Short sales saw 5 new properties added to their ranks, but not one … (1 comments)
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price reductions: Lake Arrowhead Real Estate: Agent Tour Highlights (05/01/08) - 05/03/08 08:57 AM
It was a good-sized tour this week with 11 new listings toured in Arrowhead Woods. There were no bank-owned listings in Arrowhead Woods this week, but there were 2 short sale properties:
238 Birchwood - 4 br, 3 ba for $457,000934 Grass Valley - 3 br, 2 ba for $275,000According to the … (1 comments)
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price reductions: Lake Arrowhead Real Estate: Bank-owned (REO) and Short Sale Properties For Sale (as of 4/26/08) - 04/26/08 06:23 PM
From Crestline, through the Lake Arrowhead communities and including the Running Springs areas, there are currently about 41 properties listed in the MLS as REO or bank-owned properties. This week there were 6 price reductions and 9 new properties! Prices range from $74,900 to $514,900. Additionally, there are now 22 (2 new and 2 price … (0 comments)
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price reductions: Lake Arrowhead Real Estate: Agent Tour Highlights (04/24/08) - 04/24/08 04:28 PM
There were some good buys on the agent tour this week, according to our "tour re-cap" group that met this afternoon. Of the 56 total properties on the route sheet (from Crestline, through the Lake Arrowhead communities and up to Running Springs), there were a handful that our group thought were … (1 comments)
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price reductions: Being the Second Realtor of Choice Today is Usually a Good Thing! - 04/16/08 10:49 AM
Hello!
One of my associates sells approximately $175,000,000 worth of residential real estate per year and he visits with a consultant by the name of "Coach Ben" every month with a group of highly successful Realtors. His first clear message this year and he constantly reminds us of it is to make sure all … (1 comments)
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price reductions: New Strategies for a New Market? - 04/13/08 01:01 AM
I came across an article at publicradio.org about a week ago. The title is "Ghost Town USA" and is in interview format with a home owner in the Stockton California area; also known to have the highest default rate in the nation.
This kind of scenario isn't restricted to Northern California. Southern California … (9 comments)
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price reductions: Lake Arrowhead Real Estate: Agent Tour Highlights (04/10/08) - 04/11/08 01:07 AM
The influx of new listings continues with 22 new listings in Arrowhead Woods alone on the agent tour this week.
One new lakefront 4 bedroom, 4.5 bath listing in Point Hamiltair for $5,199,000.
There were seven price reductions on the whole tour:
770 Cottage Grove, Crest Estates- 3 br 1 ba reduced to $299,000 (agents … (2 comments)
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price reductions: Paradise Weekly Real Estate Update - 04/09/08 03:07 PM
Attention all Paradise buyers, now is the time to buy! The average 30 year fixed rate is again at historical lows, currently being only 5.88%. There is plentiful available inventory to choose from in almost every housing category, with another 24 properties hitting the market this past week. Another great factor … (0 comments)
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price reductions: Lake Arrowhead Real Estate: Agent Tour Highlights (4/3/08) - 04/03/08 07:37 PM
Today we had 50 properties on this week's "hotsheet." There were 22 new listings in Arrowhead Woods alone. Of those 22, there was:
1 Lakefront ($8,900,000 at 27453 Bayshore - 7br, 7.5ba built in 2006)1 condo ($294,000 for a 3br, 2.5ba near Tavern Bay, Willow Creek #29)2 short sales (1148 Voltaire - 4br, 2.5ba … (0 comments)
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price reductions: Fingers on the pulse of the market....BUYING THE LISTING - 04/03/08 07:35 AM
I heard it said yesterday at an MLS breakfast that we wont know when we hit bottom until we start to climb back up... I have heard this before. My crystal ball has been broken for years so I can't even go down the road of speculating when that trip back … (5 comments)
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price reductions: Lake Arrowhead Real Estate: First Quarter 2008 Market Statistics - Arrowhead Woods - 04/01/08 02:13 PM
This post covers only residential sales in Arrowhead Woods (not including condos, lots, or lakefront properties) for the first quarter of 2008 and shows listing and sales activity, including price ranges, median values and averages for days on market and list-to-sale percentages as compared to the first quarter of 2007.
Though we are … (0 comments)
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price reductions: April Buyers bring May price reductions..... - 03/31/08 12:01 PM
Busy on Cape Cod with buyers and Sellers attempting to get ahead of the curve and maximize the Spring Market. Most Cape Cod Homes are sold early in the year so that new home owners can enjoy summers breezes. I have been noticing offers coming in way under asking. A fish on the … (0 comments)
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price reductions: Lake Arrowhead Real Estate: Agent Tour Highlights (3/27/08) - 03/27/08 02:42 PM
Every Thursday we have our agent tour for new listings, and properties that are being "re-toured" because of price reductions or other changes (i.e. the house has been cleaned-up, improvements have been made, etc). This week's "hotsheet" has 43 properties on it. Of these properties:
4 are vacant land listings
0 Sky Ridge (Twin … (5 comments)
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price reductions: Lake Arrowhead Real Estate: Price Reductions - 03/26/08 01:44 PM
Wow! Approximately 125 properties have reduced their list prices so far this month (according to our multiple listing service). There are great deals to be had for buyers who are looking. Many properties go right away after a price reduction has been done (people are keeping their eyes out for great … (3 comments)
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price reductions: Price reductions that will make you smile! - 03/24/08 01:44 PM
Hi hi! First, a huge thank you to the folks that stopped by my open house on Northwoods Drive on Sunday. It was a beautiful day, the coffee was great, if not late. . .I guess even the crew at Dunkin Donuts can have a slow morning too and I had … (0 comments)
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price reductions: INCREDULOUS NEIGHBOR - 03/09/08 11:55 AM
Yesterday, I'm painting my house when my neighbor stops by & asked me "How did you sell that house??? What did you do?" He was amazed that I'd sold our neighbor's home down the street. I told him that I took care of business: when the homeowner left the state for 2 … (1 comments)
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price reductions: Weekly Paradise Real Estate Market Update - 03/05/08 09:20 AM
Attention prospective Paradise real estate buyers, the sellers want you to know that they are willing to negotiate. We saw 27 price reductions take place last week as Paradise sellers attempt to get their properties noticed at the start of our spring market. Activity seems to be keeping the same pace … (1 comments)
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price reductions: Investment Property in DuPage- Time to Buy - 02/26/08 03:09 PM
This information is from a specific search I created for one of my buyers looking in DuPage County. This is not any indicator of general home values in the area. He is looking for affordable fixer-uppers and as-is properties to repair. He will either rent them or sell them after the improvements. Today's search listed 10 … (0 comments)
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price reductions: Price Reductions part two - 02/24/08 11:29 AM
In Price Reductions we covered the importance of trying to price a home right from the beginning and how to know when a price reduction is needed. Now let's address why a price reduction will help a home sell and what to reduce the price to.
Why will a price reduction help … (0 comments)
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price reductions: Price Reductions - 02/24/08 09:52 AM
I have stressed before Importance of Pricing a Home Properly in Omaha and Dangers of Overpricing a Home. But what if you price the home as best as you can at the beginning but it doesn't sell? The solution: a price reduction.
Every effort should be made to price a home right … (0 comments)
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price reductions: Lake Arrowhead Real Estate: Price Reductions - 02/21/08 07:14 PM
ARROWHEAD WOODS PRICE REDUCTIONS
As of today, 2/21/2008, there are 302 active listings in Arrowhead Woods (not including condos or lake fronts). Of the 302, 135 (or 44.7%) have reduced from their original list price.
Of the remaining 167 active listings that have not reduced their prices, 1/3 of them were listed in 2008 … (0 comments)
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price reductions: Price Reductions, how miuch is enough? - 02/19/08 08:20 AM
Primarily being a listing agent, I carry a considerable amount of listings. In this market, listings take longer to sell and take some time finding that price to get us ahead of the market instead of following the market. I always try to hit that price point from the beginning and … (7 comments)
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price reductions: Will the Sellers Come Down on the Price? - 02/18/08 09:40 AM
People who are selling their homes need be cognizant of the questions that buyers ask when viewing homes.
The first question on every buyer's mind is invariably: How Long Has That House Been on the Market? A close second and closely linked with the first question is the ever present query: … (32 comments)
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price reductions: When do you lower the price of a listing - 02/17/08 09:19 PM
I know we are still in a very challenging market. We have more inventory than we've had in quite some time. I read reports where the average amount of time a listing is on the market is up to 1 year! So, in this buyers market, if you are not getting … (4 comments)
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price reductions: All Expired Listings Are Not Created Equal - 02/17/08 12:28 PM
Hurrah! - Another Expired Listing to add to your inventory!
Did any of you say that to yourself this past week? Before I offer congratulations, though ...
IS IT A SALEABLE LISTING??
If you took it just to get another listing, you are missing the boat in the current market. Of course, if it is … (17 comments)
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price reductions: Magalia Weekly Real Estate Update - 02/14/08 11:53 AM
Although the Magalia real estate market did have 12 new listings and 11 price reductions last week, we are finally starting to see it come to life again. There were 8 properties that went under agreement and 2 that closed escrow. This was a significant increase in activity over previous weeks. … (0 comments)
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price reductions: Magalia Weekly Real Estate Update - 02/07/08 12:59 PM
It was a very slow real estate week in Magalia. The most activity we saw was a number of properties leaving the market due to their listing expiration. There was a total of 5 new listings, 1 listing that went under contract, and 2 listings that were sold. Another 3 listings … (0 comments)
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price reductions: Paradise Weekly Real Estate Update - 02/07/08 12:58 PM
The Paradise Real Estate market had some great activity this past week with 9 sold properties and 9 properties that went under contract. There were 16 new listings that hit the Paradise market, with 7 listings expiring, and 13 listings undergoing price reductions. The bulk of the properties that go under … (0 comments)
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price reductions: Price Reductions!!! - 01/30/08 12:41 PM
With interest rates so low, this is an amazing time to buy and we have several price reductions that make these properties especially great deals!
412 Bellflower Blvd. #310 in Long Beach - Price Reduced $10,500 - Now $379,500 - $30,000 down from original list price!Spacious 2 bedroom, 2 bathroom Stoney Brook Villas … (0 comments)
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price reductions: Paradise Weekly Real Estate Update - 01/25/08 02:17 PM
There was a great deal of excitement in Paradise this past week as the 30 year fixed mortgage rates again took a drop. They are currently 5.69 for 30 year mortgages, with the 15-year fixed rates being even more desirable. The Paradise area mortgage rates haven't been this low for about … (0 comments)
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price reductions: Serious price reductions! - 01/19/08 07:00 AM
I have a couple of price reductions on bank owned homes in Reynoldsburg in Huber. I have 7019 Shaulis, a 4 bedroom, 2 bath with garage for the incredible price of $98,900! Many of this model have sold for $125,000 or more. This is instant equity! I also have 1847 Stouder … (0 comments)
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price reductions: WHY AREN'T SINGLE FAMILY HOME LIST PRICES DECLINING? - 01/14/08 03:14 PM
I've been trying to find a larger, fairly updated single family home in Pembroke Pines or Cooper City, Fl for a couple looking to upsize. I had hoped that many home list prices would have been reduced in the new year. It's now the 14th of January & I've noticed very … (1 comments)
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price reductions: Magalia Real Estate Update - 01/09/08 08:03 PM
The New Year is starting out very slow in the Magalia real estate market. With 9 new listings, 12 price reductions, and only 1 sold listing; inventory is continuing to build in Magalia. Activity surrounding the manufactured homes market in Magalia is still the strongest with the properties selling at a … (0 comments)
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price reductions: Paradise Real Estate Market Update - 01/09/08 08:01 PM
The New Year has not brought a new pace to the Paradise real estate market. We are still experiencing high levels of inventory with the number of new listings and price reductions exceeding the number of sales. There were 15 new listings last week in Paradise with 9 price reductions and … (0 comments)
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price reductions: Paradise Real Estate Update - 01/02/08 07:14 AM
Everyone seems to be preparing for the New Year in this Paradise real estate market. There were 19 new listings and 12 price reductions as Paradise home sellers try to get the attention of prospective Paradise home buyers. Actual sales activity was very light this past holiday week, with only 6 … (0 comments)
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price reductions: Price Reductions: When is the Time Ripe for a Price Reduction? - 01/01/08 11:58 AM
My feeling is sellers should price a home right at the get-go and forget about "testing" the market. Those who test the market often end up selling for a lot less after a price reduction than they might have received had they priced it right from the beginning. Testing the market … (7 comments)
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price reductions: Only $5,000 over priced - What would you do? - 12/21/07 08:59 AM
Here is a common situation for agents rather then rewrite I've copyed the emails below, the names and numbers have been changed to hide the identity of the sellers.
I pose this question: WHAT would you do, or what do you do in this situation?
Dear Frank and Mary,
You are not a … (5 comments)
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price reductions: Magalia Real Estate Update - 12/20/07 10:39 AM
The Magalia real estate conditions are very similar to those reported last week. Price reductions and new listings are prevalent as Magalia home sellers attempt to get their homes noticed by all prospective Magalia home buyers this upcoming January. In Magalia this past week, there were 5 price reductions, 10 new … (0 comments)
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price reductions: 1819 Winnipeg Circle, Birmingham Alabama 35022 - 12/20/07 01:08 AM
REDUCED To $305,000.You must see this new Construction, Entertainer's Dream! Just step inside this spacious 4 bedroom 2 bath home and be swept away by its open floor plan, which boasts gleaming hardwood floors and soaring ceilings, and the planning that went into the details...selection of appliances, fixtures, paint colors, etc. … (7 comments)
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price reductions: And we wonder why the seller "doesn't want to work with us" - 12/14/07 10:52 AM
Recently, I went on a listing appointment where the home had just expired off the market. As is my normal practice, I took all the necessary paperwork with me so that they could sign it and we could get the ball rolling. I always like to carry my paperwork with me … (104 comments)
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price reductions: Magalia Weekly Real Estate Update - 12/14/07 10:11 AM
Department stores in Magalia are not the only ones rolling back the prices this time of year. It is also the Magalia home sellers. With the market conditions not changing much from week to week, the weekly Magalia price reductions remain at a very high level. Last week in Magalia there … (0 comments)
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price reductions: Paradise Weekly Real Estate Update - 12/14/07 10:09 AM
Department stores in Paradise are not the only ones rolling back the prices this time of year. It is also the Paradise home sellers. With the market conditions not changing much from week to week, the weekly Paradise price reductions remain at a very high level. Last week in Paradise there … (0 comments)
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price reductions: Reduction-Aversion or Dramatic Price Cuts??? - 12/06/07 05:41 PM
Craig W. Barrett, Hughesville, REALTOR (r)Hughesville, MD Real Estatewww.hughesvillehomes.com Josette Skilling's blog on "No, Putting the Text of the Bonus in Bold Doesn't Work" got me thinking about price reductions. I've actually been thinking about price reductions for awhile. I know, who hasn't, but her blog moved me to write. I also … (12 comments)
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price reductions: Should Agents Stop Asking Their Sellers For Price Reductions? - 12/04/07 09:02 AM
If we as agents priced the seller's home right from the beginning why are we still asking them to lower the price?
We do want to sell the property but at what price? Highest and best! Buyers have to start understanding that not all sellers are desperate. Sellers are aware it will … (15 comments)
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price reductions: A Roof Allowance is NOT A Price Reduction... Is It? - 11/17/07 10:14 PM
Wednesday I was asking another agent about the motivation level of his sellers and whether they are flexible on their price. The house would well suit my buyer's needs but it's a little out of their price range. So, I'm asking this agent if his sellers are flexible on price. His answer: … (14 comments)
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price reductions: Market Report for Paradise - 11/15/07 09:18 PM
Last week's real estate activity in Paradise further solidifies this as a strong buyer's market. Thirteen new listings hit the market, while there were only 6 closed escrows in town. Currently in Paradise there are 376 listings, 52 of which are pending. Of the 324 available listings, 22 of them had … (0 comments)
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price reductions: It's Smarter to Buy a Pre-existing Home Today - 11/06/07 10:16 AM
So you've fallen in love with a model home floor plan. What do you know about the builder? Do you think the builder will show you his accounts so that you know he has the money to build your home? Do you know that the builder can finish the sub-division that … (2 comments)
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price reductions: When Should Sellers Reduce the Price? - 11/01/07 11:40 AM
Hardly any listings these days stay on the market past 30 or 60 days without a price reduction. In fact, if I spot an overpriced property, sometimes I will count out the 30-day mark from listing inception. Especially if it's an REO. Because I know most agents will ask the lender … (4 comments)
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price reductions: Lafayette, Indiana Real Estate - Price Reductions - 10/31/07 09:03 PM
Check out these great houses - just reduced in price and waiting for new owners....916Southernview Drive, Lafayette Indiana 47909Custom built ranch with a partial finished basement on over a 1/2 acre wooded lot!Price just reduced to $225,000123 McCutcheon Drive, Lafayette IN 47909Sharp 2-story home on a full finished basement w/ wooded … (0 comments)
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price reductions: ** Lower Bucks County Price Reductions as of October 30th, 2007 ** - 10/31/07 04:21 PM
As of yesterday October
30th, the prices have been reduced of 30 homes right here in Lower Bucks County.
For a list of these
homes, please email me: j.grabowski@comcast.net
, with "Bucks Price Reductions" in the Subject line.
Proudly serving homeowners
and home buyers in the following Bucks … (0 comments)
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price reductions: HGTV? No, it was me: A Realtor Learns to Stage a Home - 10/25/07 06:57 PM
Admit it! Don't be ashamed -- you watch HGTV and all those home decorating shows: Design on a Dime, Designed to Sell, Secrets That Sell, Takeover My Makeover, Get It Sold, Curb Appeal, and more.
These shows are all the rage!
The facts are that a clean, uncluttered and well-presented home sells … (58 comments)
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price reductions: I Feel As Bad As My Clients - 10/09/07 09:40 PM
Oh how I hate to be the bearer of bad news. Well that was my name this evening..."bearer of bad news". I have awesome clients and I just love being able to help them with their goals. But tonight I had to tell my sellers that we need to reduce the price … (8 comments)
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price reductions: New Audio Quick Tips uploaded to the Top Agent Toolbox website - 10/07/07 02:34 PM
Hey Toolbox Members,
We have just uploaded the Quick Tip Audio files for the week of Oct 1. The first QuickTip includes advice on using Reverse Offers to sell your listings and get price reductions. The second Audio QuickTip includes several important announcements of new tools available to ToolBox members to continue … (3 comments)
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price reductions: $10,000 price reductions & 6 mos on market... why not move the cable instead? - 10/07/07 08:42 AM
Staging for all its glory is really about cutting through the daily life & order of things and finding ways to best represent the home for today's buyer. I am regularly surprised at the lengths some clients will go through to get the job done & then more surprised by others … (20 comments)
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price reductions: Be Ahead of It...Don't Chase It - 09/30/07 07:58 PM
That is some of the best advice I have heard recently. It certainly applies to sellers in this market. The idea is to price aggressively.
As REALTORS® we know, and so do the sellers, that prices have dropped. We are not only not experiencing a rise in prices we have had … (5 comments)
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price reductions: Affordability - Impact of High Jumbo Rates - 08/15/07 04:00 PM
Affordability - what buyers are willing to pay!
Does this sound familiar?
"Why haven't you found a buyer for my home? Last year my neighbor sold his identical home for $500,000 and the best offer you can find are for $475,000. Maybe I should get someone else to sell my home."
On July … (4 comments)
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price reductions: Great Price Reductions and New Listings in San Diego - 08/03/07 02:06 PM
… (0 comments)
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price reductions: What's the Value of a Price Reduction? - 06/30/07 12:52 PM
You find the home of your dreams and absolutely fall in love! Should you bid less than asking price? Well...it depends!!! It depends highly on what market you are in, how many people are looking at this particular home and what the comparables tell you.
Blindly paying an asking price is wrong. … (1 comments)
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price reductions: I Don't Want To Reduce My Price Any Further! - 06/25/07 02:28 PM
I just read a post about home sellers being in denial over the fact that the market has changed. As I was reading it I had to ask myself if that was true about myself. Was I in denial about the two homes that I currently have on the market?
They … (24 comments)
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price reductions: Funny email - 06/13/07 03:49 PM
I'm always amazed at the emails that I get. This was in my inbox this morning.
Eileen, You showed my listing at (deleted address), Aurora on 4/21/2007.I have recently reduced the price on this listing from $250,000 to $249,900 and thought you may want to bring your buyers back for another look. … (12 comments)
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price reductions: Reduced, Reduced and Final Reduction June 4, 2007 - 06/05/07 12:28 AM
Every Day I am amazed at the number of price reductions I see when I log into my local MLS. New Reductions that used to attract my attention no longer warrant as much interest. Why do sellers have to keep reducing their prices in the San Jaoquin valley?
It's a changed market … (5 comments)
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price reductions: Major Price Reductions! Casa Grande, Maricopa, Mesa, Fountain HIlls, and Gilbert! - 05/29/07 05:44 PM
We recently have had several price reductions. Two in Casa Grande, One in Maricopa, One in Mesa, One in Fountain Hills and Two in Gilbert. Do not let your buyers miss out on these great opportunities!
Casa Grande -
$255,000 5 Bed/3 Bath MLS # 2652859
$269,000 5 Bed/3 Bath MLS # 2652947
Maricopa - … (0 comments)
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price reductions: More Open Houses Than Ever - 05/19/07 10:38 PM
I've noticed, over the last several weeks, a trend toward more and more Sunday Open houses. This week I count 48, which is a lot for our relatively small market area. The least expensive home on this week's tour is a condo on Skyline Drive for $149,900. The most expensive is a … (5 comments)
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price reductions: Expired Listing Tips - 05/15/07 04:57 PM
Have you noticed how many expired listings there are on the MLS? Taking just one of the mls services (Metrolist servicing 9 counties: El Dorado, Merced (Western), Placer, Sacramento, San Joaquin, Stanislaus and Yolo counties.
There are 117 expired listings on record as of today. I have launched a campaign to … (11 comments)
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price reductions: Salt Lake City Market Update - Something's Gotta Give - 04/02/07 03:40 PM
My experience in the first 3 months of this year (2007) is that there were many Sellers (whether of their own initiative, or based on advice from their listing agent) who were putting their homes on the market as if the market was still appreciating at a 20% appreciation rate (which … (1 comments)
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price reductions: Price Redutions and Listing Contracts - 03/13/07 01:16 PM
I attended our local Realtor marketing meeting this morning. (CCRIM)
33 homes on the Caravan Tour, split into three different tours. They, the agents, are all viewing the houses now.
I'm back at the office. (I only do financing, and strongly believe in doing one thing and doing it well)
But I … (0 comments)
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