real estate: Real Estate & Technology Go Hand-In-Hand - 01/09/15 06:14 AM
Real Estate & Technology Go Hand-In-Hand
 
As Agents, the latest technology is key to keeping up with the times and continuing a steady business flow.  From Buyers searching for properties to Sellers marketing their home, an ad in the newspaper just doesn't cut it anymore.  We are WAY beyond that now! 
 
According to this infographic from CAR.org, an astounding 89% say they use online resources in the process of home buying.  It doesn't end at searching for a property either.  Researching an Agent, Lender, property values, neighborhoods, etc., is all part of the process.  Having an Agent that is … (3 comments)

real estate: Communication is Key to Opening Doors in Real Estate - 12/19/14 08:27 AM
As you can see from this visual, millennial home buyers want answers and they want them now!    I think this is true for ALL human beings who are buying or selling a home.   More often than not, the purchase or sale of a property will be one of the largest financial transactions a person will complete in their lifetime and having a Professional on their side to guide them through and answer questions as they arise is KEY to getting the deal done!   Communication is Key to Opening Doors in Real Estate   Agent response times are one … (2 comments)

real estate: Thank you Real Estate. Gratitude is the Best Business Practice! - 11/25/14 02:04 AM

Thank you Real Estate. Gratitude is the Best Business Practice!As I begin to wind down my 2014 Real Estate whirlwind and prepare to host Thanksgiving surrounded by loved ones, I realized there is no better time than the present to reflect on the past year in pure Gratitude! Thank you Real Estate. The best business on Earth.One of my favorite affirmations is "Gratitude for the substance at hand duplicates the substance indefinitely." I can attest to the truth of this statement. I wake up every day and thank God for this life that I've been blessed with and the opportunity … (0 comments)

real estate: Gen Y Is Ready to Buy - 07/29/14 04:42 AM
Here's an interesting info-graphic from California Association of Realtors!
 

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real estate: Traditional Buyer vs. The Investor - Round 2! - 07/16/14 06:36 AM

When the Real Estate market took a turn towards recovery in late 2011, early 2012, everyone was excited to jump back in & make those purchases they had been sitting on the fence on for so long!
 
Traditional Buyer vs. The Investor - Round 2!
 
Traditional buyers who required loans to purchase homes found themselves in a steep uphill battle against the all mighty CASH investor who at the time was willing to pay more based on speculation & could close sweet painless escrows with virtually no contingencies in record timing such as 10 days or often even … (0 comments)

real estate: Kids, The New Voice Driving Home Buyers - 06/06/14 05:33 AM

For ages we have always considered our children when we purchase a home. We used to look at the bed/bathroom count appropriate for the size of the family, and proximity to local schools.  But gone are the days that Mom and Dad simply chose a house, packed up the family and the dog and said "It's moving day!"
  Today we are raising a generation of children whose individuality, leadership, and decision making skills are encouraged more than ever. Therefore, parents are turning to the little ones for their input on homes which they are considering for a purchase.  Parents are … (1 comments)

real estate: Signs Point to Healthier Market for Spring Home Buyers - 04/25/14 10:26 AM
Signs Point to Healthier Market for Spring Home Buyers
A recent report by Realtor.com shows there has been year after year growth in inventory and days on market which means Spring home buying will be in a good place!  National home sales in March 2014 are up 9.5% over March 2013. The median list price is up 5.3% as well!
Signs Point to Healthier Market for Spring Home Buyers
The market is more balanced now than it was last year and we are going into the "Real Estate Season" so it will be interesting to see how it plays out over … (0 comments)

real estate: Affordability Vanishing in Prime Markets! - 04/11/14 01:21 AM
Affordability Vanishing in Prime Markets! 
If you want to live in one of the major metro areas across the country, you might be noticing that buying into the most popular neighborhoods is no longer feasible as the market has now corrected itself to the point that affordability is now becoming a major issue in many major markets. Some families have begun to dedicate huge portions of their monthly income to housing nowadays! Over the last several years when prices were up to 30% lower in some areas, people were able to purchase homes in areas they could only dream of only a … (0 comments)

real estate: The Home Buying Process Is A Lot Like Dating... - 02/16/14 05:32 AM

 
The Home Buying Process Is A Lot Like Dating...
Have you ever fallen in love.....with a house?  Many of my clients have and it has overpowered the fact that they may not have had that extra 200 square feet they were looking for, or that center island kitchen.  When you're in love, you're in love. 
The Home Buying Process Is A Lot Like Dating...
Realtor.com conducted a survey of 1,082 people and 69% of them reported having a "home crush" as the survey called it.  Much like modern dating, almost 80% of home buyers find that one house that … (3 comments)

real estate: Political Correctness In Real Estate Advertising - 02/03/14 08:10 AM

Political Correctness In Real Estate Advertising
Political correctness is increasingly becoming an issue in Real Estate advertising. As an agent I am constantly looking for words to describe my listings in a positive light without offending anyone who may be reading my descriptions...
For example, you cannot say "steps to the elementary school" or "walking distance to shopping and restaurants" because that is considered discrimination against individuals who are physically incapable of walking.
Political Correctness In Real Estate Advertising
Or, when describing a large home with an expansive master suite, it's now not appropriate to say "his & hers closets or bathrooms" … (2 comments)

real estate: Home Improvements That Pay You Back - 01/17/14 08:27 AM
Home Improvements That Pay You Back
Home improvements can be fun & exciting to do and enjoying the end result with your family is so rewarding!
They can also offer a great financial benefit when selling the property, but be careful of which improvements you choose to do so you get the most bang for your buck!!
Home Improvements That Pay You Back
In my experience selling homes for many years, updated kitchens & bathrooms offer the most value to a property on resale. So be sure to give those areas special attention especially if you plan on selling your home within … (3 comments)

real estate: Dreams of a Sherman Oaks FIXER! - 12/20/13 07:48 AM
Dreams of a Sherman Oaks FIXER!
The demand for great homes has definitely not subsided in the best parts of northern Los Angeles in these final hours of 2013. I have never been busier in November/December than I have this year!
Dreams of a Sherman Oaks FIXER!
Especially when I came across the famous and ever so hard to find "cosmetic fixer" in the coveted Fashion Square neighborhood of Sherman Oaks CA that motivated buyers salivate over & dream of calling their own. Even more so than a completely "done done done" upgraded home in the same area, a cosmetic fixer offers a … (2 comments)

real estate: Top Ten Turnaround Cities - Real Estate Recovery - 12/03/13 04:35 AM
Top Ten Turnaround Cities - Real Estate Recovery   Great news for my fellow Los Angeleans....Los Angeles made the list for the Top 10 Turnaround Towns in the housing recovery!! Our median price is UP 30% from this time last year! And our days on market have been reduced by 27%!! Although we cannot sustain this kind of growth, it's nice to see such positive reports, and let's hope that we slow down to a sustainable recovery rate in 2014!! With interest rates rising and the elusive QM taking effect in January, I think those factors will help to give our … (0 comments)

real estate: BUYERS BEWARE!! KEY TIPS ON HOME BUYING - 11/26/13 08:38 AM
BUYERS BEWARE!! KEY TIPS ON HOME BUYING
  Over the course of 13 years Selling Real Estate I have represented countless Buyers and experienced countless opportunities to learn from the various situations that arise along each roller coaster called an escrow. The following are some KEY tips from a professional. Trust me, this is NOT my first rodeo. You can learn from others mistakes and follow this advice closely when purchasing your next property!
  BUYERS BEWARE!! KEY TIPS ON HOME BUYING

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real estate: This Month In Real Estate - November 2013 - 11/19/13 06:38 AM
This Month In Real Estate - November 2013
 Check out the latest Real Estate news for November 2013 and watch the video HERE.
 

This Month In Real Estate - November 2013
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real estate: What Does a Red Front Door Mean? - 11/06/13 06:19 AM

 
What Does a Red Front Door Mean?
Over the past 13 years selling homes, I have always been very drawn to homes with red front doors, in fact so much so that we painted all the exterior doors on our home crimson red this year!
For me it was a compelling warm positive energy the moment you arrive on my doorstep...
What Does a Red Front Door Mean?
For my listings, it offers a charming & inviting curb appeal; we've painted many front doors red in recent years & had great success in the sale & closing on the home! Coincidence?
I … (1 comments)

real estate: Credit for Closing Costs......Show me the MONEY!! Billions! - 10/25/13 06:03 AM
Credit for Closing Costs......Show me the MONEY!! Billions!

The media is constantly painting this ugly picture of Real Estate Professionals as greedy money hungry, no better than used car salesman type individuals who will stop at nothing to close an escrow and fatten their pockets. Now I know there are sure to be a few bad apples in the bunch but I want you to know that is not the case with most of us!
I just read on my favorite Mortgage Broker's Blog last week that they recently had a conversation with the President of the National Association of Mortgage Brokers, … (0 comments)

real estate: Government Shut Down & Real Estate Business - 10/02/13 08:17 AM

 
Government Shut Down & Real Estate Business
It's Day 4 of the government shutdown, many are saying nothing has changed, but what will this mean for real estate and those of us that sell it?  Fortunately, FHA has not shut down, so mortgage processing will not be affected for the Single Family Mortgage Loan Program, but the Multiple-Family Program will be shutdown. FHA, VA & USDA make up 45% of all loans being processed in the country today.  The following comes from the National Real Estate Post, a popular Real Estate info site with Frank Garay & Brian Stevens: 
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real estate: All The Single Ladies......Are Buying Houses! - 08/28/13 04:34 AM
All The Single Ladies......Are Buying Houses!
According to a recent report from the National Association of Realtors, single women made up 16% of homebuyers nationwide, while single men made up 9%.  The percentage of single women homebuyers has averaged at 20% in recent years past.  This has been a growing trend since the 90s, women purchasing more than men.  It stands to reason as more women have become the primary earners in their households.
All The Single Ladies......Are Buying Houses!
Women are the breadwinners in 40% of American families with children and two-thirds of them are single!  One out of every five homes sold … (1 comments)

real estate: Foreclosures Lowest Since 2006 - 08/09/13 09:32 AM
Foreclosures Lowest Since 2006
Another not-so subtle sign of economic recovery.  The national numbers on foreclosures are very promising.  Total foreclosure filings, including notices of default, scheduled auctions and bank repossessions, dropped to 127,790 in June, down 35% over the past 12 months, according to RealtyTrac. Filings have hit their lowest monthly level since December 2006.
Foreclosures Lowest Since 2006
The nation number of foreclosures has dropped 14% since May 2013!  Foreclosures are no longer an issue on the national scale.  There are still a few states with higher than average results, but the country as a whole is witnessing this … (1 comments)