5,000 people lined up to buy your house. Imagine that. - 10/26/10 10:26 PM
In California, not too many years ago, people would line up for a LOTTERY hoping their name would get drawn to buy a house, town home or condo in San Jose. Remember that?
Eight years later, San Jose is a much different story.
Many commercial buildings once overflowed with people are now sitting 100% empty. Many buyers hoping to get $599,000 for their homes are being told by their REALTORS to consider slashing their asking price by $40,000 to get the home to sell.
Fire sales on real estate might be next so long as there's no RESPA violations or … (2 comments)

Lots of homes out there... So where's the buyers? - 10/23/10 07:54 PM
 
As more REOs flood the landscape, sales commissions are in decline for many agents. The Obama Homebuyer Tax credits were exhausted a few months ago.  This has fueled a steep decline in home sales. The average drop when compared to Q3 2010 to Q3 is in the double digits in all 50 states.  In some parts of the country, it's as high as 27% (Rochester, NY). 
Some agents are referring to REO's and HUD homes now as "crack houses," which are selling for as low as $18,000 (Warren, Detroit area). Our virtual tour kits are quite popular with several of … (3 comments)

Bay Area Foreclosures. San Jose Homes for Sale - 10/05/10 03:51 PM
Foreclosures are up... even in places like San Jose. If anyone is looking for a great way to search for foreclosures in the San Jose and Bay Area of San Francisco, this is a great place to stop and search for them.
-- Bart Wilson
(1 comments)

FSBO. Santa Fe Condo. Great Price. Great Location! - 10/05/10 03:28 PM
Hi Everybody,
I have a great property here in Santa Fe that is a from a friend of mine. It is a small 1,000+ sq ft Condo in Santa Fe's downtown district. Near the Historic Santa Fe plaza and a short 15m drive to the famous Santa Fe Opera. 
Click here to see the listing.
Client is looking for a Buyer's Agent.
-- Bart Wilson
(1 comments)

 
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Bart Wilson

Monument, CO

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