foreclosures: Collective Market Conscience or CMC
- 07/21/08 04:33 PM
Our owner of Coldwell Banker Solano Pacific coined the word "Collective Market Conscience". This means that everyone else at the same time wants to buy the same house. Now most of you may say "multiple offers in this market?". And I say YES and YES again. With the home prices being at the price point they are, buyers are starting to realize if they do not want to miss out they best put an offer in. Early in the year some buyers would not even look at any new homes coming on the market. They just thought to wait it out. … (3 comments)
foreclosures: Foreclosures in Napa
- 12/10/07 12:47 PM
Foreclosures occur across all states and cities. NO city is immune to people losing their home. Napa is a sought after location to live and work. Foreclosures do happen in Napa. So what is happening in Napa? This information is for the city of Napa, not to be confused with the entire Napa Valley real estate market. As of Bay Area Real Estate Information Service 12/10/2007, there are 536 homes for sale. The median price is $536,000 for homes listed for sale. The price of homes for sale range from a low of $12,000 to a high of $11,425,000!! How does this … (5 comments)
foreclosures: Trash out or Maybe The Buyers will want that lumber?
- 12/03/07 01:18 PM
My associate and I are figuring this out on our own as much as possible. Yes, there are guidelines for us to follow and other agents in our office to ask. BUT, we really want to do it on our own with out bugging everybody. On our own means going through the pre-marketing process with the asset company when assigned a foreclosed home. Yes, the guidelines may appear to be clear, then we talk about it, discuss it, spend too much time looking at it. It is called "trash out". Today we had to complete our trash out task for our first home. … (14 comments)
Our owner of Coldwell Banker Solano Pacific coined the word "Collective Market Conscience". This means that everyone else at the same time wants to buy the same house. Now most of you may say "multiple offers in this market?". And I say YES and YES again.
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