news: Can SEO Sell A Home Faster than Traditional Marketing? - 06/06/07 02:37 PM
Morgan Carey, also known as "webmaster" at RealEstateWebmasters.com, blogged today about a very interesting wager between his real estate agent and himself.  Basically, he bet that he could sell his home online (at least generate the lead that would) faster than his agent could using traditional real estate marketing methods and the agent's sphere of influence.
"I think I can sell a house (Without any prior real estate sales experience or training) using internet marketing tactics faster than he can sell a house using his traditional methods of advertising." - Morgan Carey
What do you think?  I know that SEO can greatly help … (5 comments)

news: Time Running Out For Flood Insurance Discount - 05/24/07 08:07 AM
Back in December of 2006, Harris county released new flood plain maps.  Many properties in the Houston real estate market that weren't in a flood plain were now classified to be in a flood plain, therefor making it mandatory that the homeowners carry flood insurance. When the maps were released, new homeowners in the new flood plain boundaries were allowed 6 months to obtain flood insurance at non-flood plain rates. The current deadline is June 18, 2008.
Here were are in May, 2007, and this deadline is quickly approaching! If your home is located within the new flood plain boundaries, be … (1 comments)

news: 102 Year Old Man Takes Out a 25 Year Mortgage - 04/04/07 10:50 AM
So a man has until the ripe age of 127 to pay off his 25 year mortgage.  Pretty interested read; I highly doubt the bank didn't think of a contingency plan before giving this man an interest only 200,000 mortgage (in pounds).  For the most part, perhaps they have some kind of next-of-kin clause where they can pursue the debt with the debtors family?  I'd be neat if a mortgage professional could chime in on this one and add their two cents.
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Steve Castaneda, Realtor is a Houston Real Estate agent specializing in the Northwest part of Houston.
 
(7 comments)

news: Analyzing Local Market DNA - Trulia, Zillow can't compete - 04/02/07 02:47 PM
I had a chance to read an interview in Realtor Magazine - April 2007 with NAR chief economist David Lereah, and I think he had some great insight into the reason why much of the real estate market began to forget about the localization of real estate market.
"During the boom, people forgot about the fundamentals and started seeing real estate as a single market." In response to a question from the interviewer about why it's important to dig deeper than the metro-area level for market distinctions, Lereah responded:
"...that's why the role of Realtors and lenders is so critical." Essentially … (0 comments)

news: Flying Cars - Changing Commercial Real Estate Forever? - 03/27/07 11:32 AM
On the way home today, I was stuck in traffic and started to let my mind wonder.  My mind tip toed across the futuristic highway, one filled with flying vehicles passing the lowly land based vehicles down below. We all know that commercial real estate is mostly valued based on location.  Locations are declared to be higher in value in areas with high traffic, higher average median income of local population, and so forth.  It dawn on me that if there were flying vehicles in the future, would there really be traffic?  Would there even be "popular" high traffic corners?  If … (2 comments)

 

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Keller Williams Realty

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