John Davison's (jdavison1) Blog

Recent reports from RealtyTrac indicate the following cities as having the highest foreclosure rates in the country: Las Vegas-Paradise: 1 in every 19 households received a foreclosure filing during the first half of 2011 (5.36%), nearly six times the national average. Phoenix-Mesa-Scottsdale, Ar...

I recent News and Observer article stated that average home prices in Wake County North Carolina are higher this year than the same time last year.  Given the tax credit from last year and the number of lower priced buyers last year, that would make sense.  I wouldn't mistake that for a general, ...

I was watching a news show this morning and the debate was heated.  The panelists were discussing the Republican agenda vs. the Democrat agenda.  Who is right?  Who is wrong?  Fingers were pointing in every direction and each side was sure that they were "winning". Then one young man (I can't rec...

I had just finished dinner and was having my usual drink (root beer!) in the bar of the restaurant with a few friends.  The bartender, knowing me and knowing what I do for a living, asked me if I had a business card.  Of course, I obliged. He introduced me to a couple from California who had rece...

A recent Zillow study of one million homes currently on the market for sale, shows that, on average, homes purchased before 2002 were overpriced by an average of 11.6%, homes purchased between 2002 and 2006 were overpriced by an average of 9.3% and home purchased since 2007 were overpriced by an ...

It's a question we ask ourselves every day.  Maybe this is one of the answers.  It certainly makes sense.  Since I'm building my business with a long range frame of mind, I am thinking it would make sense to break Gen Y into four categories: (1) the 15-18 year old high school group, (2) the 19-22...

It's moments like this that we have to embrace.  I just came from a closing that went off about as smoothly as any one I've ever experienced.  It was satisfying to sit back and hear the listing agent thank me for making the negotiation process so fair and easy and the lender express their appreci...

There are two primary factors that potential buyers generally concern themselves with when contemplating a home purchase, creditworthiness and downpayment.  If credit issues are hampering a buyers ability to purchase, with the assistance of an educated and aggressive Realtor, buyers can utilize t...

I had the pleasure of meeting a very nice woman and her two children this weekend and the opportunity to show them several houses to rent.  They were passed on to me by another agent in my office and I wanted to help these people. When we met at my office, the first thing I did was qualify them a...

According to a recent Forbes magazine article, the following is a list of the best cities for young professionals.  The criteria for determining this list was a blending of several factors: (1) local unemployment rates, (2) 2010 to 2012 job growth projections provided by Moody's Economy.com; (3) ...